Developing Banking Industry through Human Capital Needs

Boskov, Tatjana and Zezova, Aleksandra (2023) Developing Banking Industry through Human Capital Needs. International Journal of Business and Social Science, 14 (2). pp. 73-77. ISSN 2219-1933 / 2219-6021 (Online)

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Abstract

The paper determines that human resource management (HRM) in banking sector must embrace strategic human
resource planning programs with all banks strategy. This underlines the essential meaning of designing an effective
recruitment policy with these strategies as formulation and implementation of active reward policy. Also, banks
should include more active training and development for employees. Banking sector also is human capital intensive
and plays a critical role for the banks in meeting their goals and offering services to its clients. Today, the fast
progress of technology, globalization and “knowledge economy” progress principles are ruling.
This paper shows the impact of the development of employees' human capital on career success, viewed through
different hierarchical positions in a particular sector in this case - banking industry.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 23 Jan 2024 10:36
Last Modified: 23 Jan 2024 10:36
URI: https://eprints.ugd.edu.mk/id/eprint/33274

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