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What is Human Resource Issues in Banking about?

The banking industry faces human resource problems like low employee retention and inefficient human resources. Some causes of these issues are that award staff are unaccountable and protected, making them lethargic, while officers are always under threat of punishment and vigilance action, meaning the workforce operates in a state of fear instead of motivation. These problems are more prevalent in public sector banks as private banks recruit talent away from public banks.

Author

Navin Kumar

Language

EN