Human Resource Management: A Case of the Al Rajhi Bank Executive summary Human resource management has become among the top concerns for leading financial institution of the modern world and this has led to the HR department being highly regarded in an organizational set up…
Therefore, to be successful in the market place, the challenges for all businesses regardless of the size is to invest and strategically manage their human resources. This paper presents a study on the human resource management practices at the Al Rajhi bank in Saudi Arabia. The study was conducted using both the secondary and primary research methods. Qualitative analysis of the information collected leads to the inference that the bank has excellent human resource practices, which is guided by a deliberate overlapping of the business initiatives with the employee training needs for the organizations. The study has stated certain recommendations based on the findings of this study. These are aimed at improving the bank’s performance in the future. Table of Contents Chapter One 4 1.1 Introduction 4 1.2 Background of the study 5 1.3 The Al Rajhi Bank Company outline 6 Divisions of operations 7 1.4 HRM practices of Al Rajhi bank 9 1.5 Objective and scope of study 9 Primary objective: 9 1.6 Limitation of the study 10 Chapter Two 11 2.0 Literature Review 11 2.1 Saudi Arabia banking sectors: 12 Saudi Arabia experiences one of the fastest growths in the global banking industry. Even in the time of global financial turmoil, Saudi Arabia banking industry had shown impressive year-on-year growth results. The Saudi Arabia banking has strong credit growth, averaging 14.4% in 2012, and deposit grew 7.9% YoY, customer lending grew at 18.3% yoy, while corporate lending has growth of 10.6% at the same period. The Saudi Arabia banking sector has middle-sized financial sectors according to the IMF. The Saudi Arabia banks have a trend of adequate capitalization, and a good loan-to-deposit ratios and low exposure to foreign debt and toxic loans. All these positive results related to gaining astounding benefits from relatively high oil prices. 12 Figures: Saudi economic & banking sector growth 12 Saudi Arabia has a modern banking industry with 13 commercial banks that provide retail and corporate banking, investment services, derivative transactions, credit cards, ATMs and point-of-sale transaction. There are also non-Islamic banking that provides Islamic banking services that are consistent with the principles of Islamic law, which prohibit the collection of interest on deposits and trading in financial risk. 13 2.2 Human Resource Management (HRM) 13 2.3 Employees Training and Development at Alrajhi bank 14 2.1.1 Employee Training 14 Leadership and management skills 15 Personal effectiveness 15 Phases of Training at Al Rajhi bank 15 Trainings at Al Rjhi conducted an internal and external session. Internal training involves when training organized in-house training through human resource department or training department using a senior staff or talented staff in a particular department. The external training normally arranged outside the firm and mostly organized by training institution and consultant. Whichever training, attendant is mandatory for all employees. 15 Orientation program 16 Training issues and problems 17 2.4 HR planning 18 HR Planning refers to the procedure that comprises of setting of aims and objectives, budgeting, conducting planning that is strategic in nature and execution as well as assessment of programs (Durai 109). One of the main tasks of HR managers is to forecast the ...
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Huddleston states that it is important to distinguish two levels at which our grammatical categories need to be defined. They are: the language particular level and the general level. Both of them help to learn a language and distinguish the difference either between various parts of speech or languages.
Just a couple of pointers here: The assignment jumps around here. Make sure you use solid and smooth transitions. Instead of writing transitions that could connect any paragraph to any other paragraph, write a transition that could only connect one specific paragraph to another specific paragraph.
Until this class I had not appreciated the various forms of writing style and as such did not master grammar usage. Because my work is somewhat reactionary, writing was always a prerequisite to all of my course work and I always lost points for using improper grammar.
It has been noticed that the decline of grammar within schools was related to the same decline in English universities, where there was practically no authentic study or training on grammar. On the other hand, the expansion of
personal evaluation of the poem and the reason why this poem would be important to a student who relies heavily on spell check thinking it will catch every mistake.
An initial reading of the poem to someone who have been consistently exposed to literary works would reveal that
While working independently, the student carried out the research required to understand the tasks and knew who the right people were to approach for expert opinion. The student cooperated with other team members and showed good conflict
g of confusing words, as well as in the appropriate placement of punctuation marks; (3) my limited vocabulary where I could allegedly still improve the writing style if more appropriate words are selected and used; and (4) the tendencies to write long sentences, composed of
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