preview

Ithmaar Bank: HR Philosophy At The Bank

Decent Essays

Contents

Introduction 2
About Ithmaar Bank 3
Organization Chart 4
HR Philosophy at the Bank 4
The Business Challenge 5
The Strategic Solution 6
Critical Success Factors 6
Job Analysis Deployment 8
Job Analysis Facts 11
The Results 13
Conclusion 14

Introduction
As human resource activities grow in scope and complexity, many human resource practices such as compensation, performance management, career planning, training and development, recruitment and selection are delegated to the Human Resource department. Most of the Human Resource managers do not have much awareness about the job’s details. Information about the job and their requirements must be gathered through a process known as job analysis, in which details about jobs is methodically collected, evaluated and organized. It is a descriptive process of breaking down a specific job into its element by using a collection of methods, tools and …show more content…

And a mission to be the preferred Bank for customers, counterparties and strategic partners by creating value through innovation and customer service. These include: retail and commercial banking, asset management, private banking, takaful, and real estate development.
More information about the Bank and its operations can be found on www.ithmaarbank.com.

Organization Chart HR Philosophy at the Bank
The Bank is fully aware that its’s position in the market depends upon the effective development of its human resources. To this end, the Bank continuously aim to:
• Recruit Employees of high quality; and
• Continuously improve human resource management processes to meet the best practices of an international institution.
• Believe in two-way communication, participation, and teamwork; and
• Offer Employees the opportunity and tools to improve their career prospects.
The Business

Get Access