Main Project HR

8/2/2019 Main Project HR

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IINTRODUCTIONNTRODUCTION

, Human Resource Management


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About Askari Bank

Askari bank in Pakistan has three main Regions which control whole country

branches.

Region 1 South:In south whole branches of sindh is control. The head office

of askari bank is also in Karachi

Region 2 CenterLahore and other cities branches are in control

Region 3 NorthRawalpindi and Islamabad branches are included the head

office of this region is the AWT plaza, the Mall, Rawalpindi

TTHEHE VVISIONISION



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TTHEHE MMISSIONISSION SSTATEMENTTATEMENT

To be the leading private sector bank in Pakistan with an international

presence, delivering quality service through innovative technology and

effective human resource management in a modern and progressive

organizational culture of meritocracy, maintaining high ethical and

professional standards, while providing enhanced value to all our stake-

Holders and contributing to society

Core Values

Commitment

Integrity

Fairness

Team-work

Service



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Awards & AchievementsAskari Bank continues its success in competition. Recently we have onceagain been given the Best Retail Bank in Pakistan by The AsianBanker for the 2nd consecutive year. Askari Bank has been given the 1stConsumer Choice Award 2004 for the Commercial Banking Category bythe Consumer Association of Pakistan. We have also received theCorporate Excellence Award for the financial sector from theManagement Association of Pakistan (MAP) for the years 2002, 2003 and2004.

We have been given The Best Bank in Pakistan award by GlobalFinance magazine twice i.e. for the years 2001 and 2002

Products

Askari Mahana Bachat Account (1 + 3 Years Term)

Earn Rs. 925/- per month on investment of every Rs. 100,000/- for one year!"

Earn Rs. 1,000/- per month on investment of every Rs. 100,000/- for threeyears!

Askari Mahana Bachat Account is a Term Depositfacility available to individual customer with theoption of 1 and 3 Years tenure.

Askari Roshan Mustaqbil Deposit

Askari Bank has launched the AskariRoshan Mustaqbil Deposit, a saving plan

specially designed for individual investorswho wish to invest now for a regular returnat a later stage while keeping theirprincipal amount intact.

http://www.askaribank.com.pk/mahana_bachat.phphttp://www.askaribank.com.pk/roshan_mustqbil.phphttp://www.askaribank.com.pk/roshan_mustqbil.phphttp://www.askaribank.com.pk/mahana_bachat.phphttp://www.askaribank.com.pk/mahana_bachat.phphttp://www.askaribank.com.pk/roshan_mustqbil.php


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Askari Deposit Multiplier Account

Value of initial investment of Rs. 100,000/- will increase to Rs. 265,000/- atmaturity!

Aim higher with your investments with AskariDeposit Multiplier account. This account is forindividual investors whose purpose is long termsavings with high returns.

Value plus Deposits

Askari Bank leads the way, yet again with the introduction of AskariValue Plus Rupee Deposit Accounts, which promise greater financialfreedom and security, in an un-matched way.

ASKARI CARD

Askari Bank is committed to provide you innovative andcompetitive solutions to your banking needs in a moreefficient and personalized manner.

Travelers Cheques

Askari Bank Limited has always remained at forefront inintroducing innovative and unique products in bankingsector. Our financial instruments provide greaterfinancial freedom and security in an unmatched way toour valued customer

Smart Cash

http://www.askaribank.com.pk/deposit_multiplier.phphttp://www.askaribank.com.pk/valueplusdeposit.phphttp://www.askaribank.com.pk/askaricard.phphttp://www.askaribank.com.pk/travelerschecques.phphttp://www.askaribank.com.pk/askarismart.phphttp://www.askaribank.com.pk/deposit_multiplier.phphttp://www.askaribank.com.pk/deposit_multiplier.phphttp://www.askaribank.com.pk/valueplusdeposit.phphttp://www.askaribank.com.pk/askaricard.phphttp://www.askaribank.com.pk/travelerschecques.phphttp://www.askaribank.com.pk/askarismart.php


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CIO

PRESIDENT

SEVP

Operations

SEVP

HR

SEVP

Finance

SEVP

Corporate

Development

SEVP

Commercial

SEVP

Procurement&

Admin

SEVP

Specialproje

cts

SEVP

BZNorth

SEVP

BZSouth

EVPInternalAudit

EVPLegal Affairs

EVP

GM

SM

Manager

Specialist

MT

Non Management

Non-TechnicalTechnical

SEVP

Technical

This personal line of creditwould be set up with aspecified credit limit uptoRs. 500,000/-

Personal Finance

Personal Finance is a parameter drivenproduct for catering to the needs of thegeneral public belonging to differentsegments.

Mortgage Finance

Askari "Mortgage Finance" offers theconvenience of owning a house of choice,while living in it at its rental value.

Business Finance

In pursuance of the National objectives to revive theeconomy of the country, ACBL is providing loans tosmall and medium size business enterprises underAskari Bank's Business Finance Scheme.

Hirarchy of Askari bank

DEPTERMENT OFDEPTERMENT OF ASAKRIASAKRI BBANKANK

http://www.askaribank.com.pk/pfinance.phphttp://www.askaribank.com.pk/mortgagefinance.phphttp://www.askaribank.com.pk/businessfinance.phphttp://www.askaribank.com.pk/pfinance.phphttp://www.askaribank.com.pk/mortgagefinance.phphttp://www.askaribank.com.pk/businessfinance.php


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1.1. AACCOUNTCCOUNT DDEPTEPT

2. C2. CREDITREDITDEPTDEPT

3. E3. EXPORTXPORT DDEPTEPT

4. I4. IMPORTMPORT DDEPARTMENTEPARTMENT

5. HR DEP5. HR DEPTT

6. CLEARING6. CLEARING DEPTDEPT

7. FOREIGN E7. FOREIGN EXCHANGEXCHANGE DDEPTEPT

MMAINAIN DDEPTEPTOFOF HR:HR:

1.1. RECQUIRMENTRECQUIRMENTANDANDSELECTIONSELECTIONDEPTDEPT

2. OORGANIZATIONALRGANIZATIONALDEVEPLMENTDEVEPLMENTANDANDPLANPLAN

3.3. HR OHR OPERATIONPERATION

4. TTRAININGRAININGANDANDDEVELOMPENTDEVELOMPENT



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JJOBOB ANALYSES:ANALYSES:

The Job analyses for specific or routine jobs are already set

the standard. Job analyses for each job separately, and the same are

announced through out the year for following reason.

Additional people for new branches

Replacement of people of those people who got retirement or

resign job

Job descriptionIf a new job is to be announced, the job description is prepared under a

meeting held by the vice president of human recourses department, in

which the job descriptions for the new jobs are set after discussion with

the heads of the concerned departments. The job descriptions thus

prepared, are forwarded to the higher management, which are set as

standard after the approval from the higher management.

Job advertisement

After the analyses and description of job then they

advertise through news paper (DAWN, JUNG) and also on website of

bank. The main purpose of advertise through news paper is to give

chance everyone for apply

Note: All candidates should register their self online

INITIAL SCREENING



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Askari bank apply following rules for initial selection of employees

At least education is Master

CGP is at least 3 in master degree

At least 2nd division in his bachelor ,inter,matric

Age must be more then 26 years

Test is taken from only managerial level employees not executives

level

Selection

After initial screening of employees askari bank take of test in

which they observe the candidate intelligence, bookish knowledge and

also his professional skills. Test is taken only from managerial level

employees. Sample of test is given below

Sample of Test

General Guidelines:1. This test paper may consist of 100 MCQs and an essay. All questions may beAttempted.

2. Total time allowed can be between one & half to Two hours

3. The MCQs carry 1/4th negative marking for each incorrect answer4. There are four (4) sections in the paper each consisting of a specific number of

MCQs as follows:

Section-I General Knowledge Section-II Mathematics Section-III Economics, Accounting & Finance Section Section-IV English

Guidelines for General Knowledge Section-I:



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1. In this section, a total of 25 MCQs are included.

2. Areas like current affairs, business, geography, computer, who is who, etc. will be

covered.

3. Two sample MCQs from this section are as follows:

Section I GENERAL KNOWLEDGE SECTION (Total Marks = 25)

1. Apart from exports, the next highest amount of foreign exchange comes into

Pakistan from:

a. USAIDb. Home Remittances

c. Foreign Loans

d. Foreign Aids, Grants & Assistance

2. Which of the following is not computer hardware?

a. Keyboardb. DOSc. Screen

d. Modem

Guidelines for Mathematics Section-II:

1. In this section, a total of 25 MCQs are included.

2. Areas like Average, Percentage, Ratio Proportion, Time, Speed, Tax, Income,Partnership, Dividend, Algebra, etc. will be covered.

3. Two sample MCQs from this section are as follows:

Section II MATHEMATICS SECTION (Total Marks = 25)

1. a person has deposited Rs.100, 000/- in a bank account. If the profit rate per annum

is 5%, how much profit he will get after six months:

a. Rs.250

b. Rs.500c. Rs.2, 500

d. Rs.5, 000

2. a train travels at an average speed of 20 mph through urban areas, 50 mph through

suburban areas, and 75 mph through rural areas. If a trip consists of traveling half an

hour through urban areas, 3-1/2 hours through suburban areas, and 3 hours throughrural areas, what is the trains average speed for the entire trip?

a. 50 mphb. 53-2/7 mph

c. 54-3/7 mph

d. 58-4/7 mphe. 59-2/7 mph



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Guidelines for Economics, Accounting & Finance Section-III:

1. In this section, a total of 25 MCQs are included.2. Areas like world economy, Pakistan economy, Micro and Macro Economics,

Accounting, Financial Analysis, Finance, etc. will be covered.3. Two sample MCQs from this section are as follows:

Section III ECONOMICS, ACCOUNTING & FINANCE (Total Marks = 25)

1. What is the marginal propensity to consume?

a. The change in consumption divided by the change in income.

b. The change in income divided by the change in consumption.c. Percentage change in consumption divided by the percentage change in

Income.d. Percentage change in income divided by the percentage change inConsumption.

2. Debt Equity Ratio tells us about:

a. Short term Liquidity of the firmb. Long term Solvency of the firm

c. Profitability of the firm

d. None of the above

Guidelines for English Section-IV:

1. In this section, a total of 25 MCQs are included.2. Areas like Synonyms, Antonyms, Grammar, Punctuation, Prepositions, Sentence

Correction, Comprehension etc. will be covered

3. Two sample MCQs from this section are as follows

Section IV ENGLISH (Total Marks = 25)

Part-A: Synonyms / similar in meaning (Select the correct choice):

1. COHESION

a. independence

b. sticking together

c. shiftd. climbing

Part-B: Antonyms / opposite in meaning:

1. UNRULY

a. chatting

b. obedientc. definite



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d. lined

e. curious

Part-C: Sentence Correction: In each of the following sentences some part is

underlined. Each sentence is followed by five alternative versions of the underlinedportion. Select an alternative you consider both most correct and most effective

according to the requirements of the Standard English.

1. The desktop computer has revolutionized office procedures more than any

machine of modern times.

a. any machine

b. has any machinec. any other machine

d. has any other machine

e. any other machine has

Part-D: English Comprehension: Read the following passage carefully and answer the

MCQs given at the end.[The greatest enemy of mankind, as people have discovered, is not science, but war.

Science merely reflects the prevailing social forces. As stated in our Sunday issue, it is

found that, when there is peace, science is constructive, when there is war; science is

perverted to destructive ends. ]

After carefully reading the above given passage, attempt the following MCQs:

1. The passage was most likely published in a

a. magazine

b. newspaperc. journal

d. textbookCorporate Information

Passing criteria

At least 60% marks gets in test for passing



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Those candidates who got more then 90% marks they

are selected without interview

Interview

Interview is taken according to post of employees

1. Managerial level

2. Executive level

1. Managerial level

Those candidates who apply for managerial level(12 to 16) is taken test from group of three person panelin which

(Assisent vice president of HR, vice presedent, senior vicepresident)

2. Executive level

Those student who apply for executives level(grade16 to above) is taken interview from group of threeperson panel in which (president of HR, executive

president, senior executive president)

Questions may ask in interview



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knowledge about concern field

General knowledge About professional skills(only from executive level)

Communication skills

At the end askari bank selected potent ional candidatewho fulfils the whole selection requirements.

Polices for selection

Pure diversity based means Askari are notselected any specialized person in any field.Askari selected all generalized person

No quota system Does not prefer any reference. Askari bank select

potent ional person only on merit based

EEMPLOYEEMPLOYEE OORIENTATIONRIENTATION:-:-

After the selection of the employees the job

orientation is the next step in the Askari bank because it is the duty of

the management to inform him the rules, regulation, norms and values

of the organization and the job description of the newly incumbents. For

this purpose the company uses the following socialization tactics.

Collective

Formal

Sequential

Fixed

Benefits



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Askari bank provide a wide range of benefits to theboth type of employees (permanent and contract) inorder retain retain them for a long of time

Attractive salary package

House loan Medical facility

Pension Deposit mobilization scheme

Cash Prize

Bonuses

Leave fair assistant

Profit and gain share commission

Permanent Employee

Two categories of permanent employees

1. Managerial level

2. Executive level

Managerial level



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Who has grade12 to 16 (managers,

assistant managers) askari bank give them car loan upto 5lac and the amount of loan is deducted from salaryis monthly bases

Executive Employees:

The employees who have the position ofexecutive (ass vice president, up to president) the bankit self provide facility of car, laptop, free mobile serviceand house loan

Medical allowance

Askari bank provide facility to the employees in twoways

1. serious illness2. OPD(out door patient)

Serious illness

In case of serious accident \ operation(major dieses) all expenses are bear by the bank. Forthis an employees is hospitalized in the hospital justsubmit their claims to the bank concern department

Bank also provide facility to those employees wholead a long period with us

OPD

Some expenses are bear by bank and half expensepaid by employees by their self

Pension



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Basically it is a private orginzation so there is

no concept of pension but bank pay a fund whichname is EOABI (employees old age benefits andinterest)

Deposit Mobilization schemes

In order to improve the performanceand increase the loyalty if employees with theinstitution we announce some schemes in which weprovide return tickets of hajj, Umra, and family trip toout side of Pakistan

Cash prize

Askari bank gives 50,000 cash prize to thoseemployees who got first position in the exam ofinstantiate banker of Pakistan

Bonuses

Give bonuses employees on his performance every year

Profit and gain share

For only sales dept we askari bank give this benefit

Leave fair assistant

Commission

give commission in two ways

Sale of product

How much increase the customer?



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Future planning for employeesbenefits

In future bank shall provide the facilities ofcafeteria benefits, Jim and other facilities

Development

Training & Development

Askari emphasizes much on Training and Development ofemployees and based it on the conviction that individual as well asorganization growth and development respectively, are interdependentand that each one, complements the other.

Askari encourages employees to develop their professional skills bytaking advantage of both internal and external training opportunities.Internal training, conducted by in-house subject experts at our ownpurpose built Training Academies, is concentrated in the followingtopics:

Business Development

Customer Service

Liabilities Management

Asset Development



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Consumer Finance

commercial Banking

General Banking

Foreign Trade

Credit Management

Consumer Banking

Soft Skills

Effective Communication Skills

Negotiation Skills

Team Building

Selling Skill

Performance Appraisal



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Askari bank evaluate the performance of their employees

quartly based. Tools use for evaluation performance of theiremployees is MBO (management by objective)

Criteria for performance

Line manager set goals Achieve goals are not

Give grading according to performance Evulate the performance

RATING CRITERIA

Total Marks in rating = 5

LEVEL

DEFINATION GRADING RATING1- The individual is achieving

goal normal routine.Only 3 marks Average

2- The individual may achievetarget exceed from

expectations of boss

Only 4 marks. Very goodneed

improvement3- The individual meetsrequirements always beforedead line and fulfill theboss expectation always

5 marks Excellent andable forpromotion



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Main Project HR

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