Employees’ Satisfaction Towards Human Resource Management Practices in Public and Private sector Banks of Punjab Mrs. Kaur Ramanpreet1, Dr. Singh Raminder Pal2,3 1Research Fellow, Management Department, IKGPTU, Kapurthala 2Associate Professor, Management department, SBSSTC, Ferozepur 3I.K GUJRAL Punjab Technical University, Kapurthala, PIN-144306 Abstract In the present era of dynamic business environment, organisations are being posed with new challenges every day. Globalisation, Liberalisation, Mergers and Acquisitions, advances in communication and information technology, changing mix and values of workforce have created enormous challenges for business organisations. The sustainability and success of business organisations depends upon, how effectively these organisations use their resources. To cope with these challenges, human resources play very crucial role. Human Resource Management focuses on optimal utilisation and management of human resource capital to achieve maximum output. Effective human resource management encompasses wide spectrum of approaches and strategies starting from HR planning, Recruitment and Selection till the Separation of employees. The present study attempts to gain insight into HRM practices being followed by Public and Private sector banks and judge the satisfaction level of employees from these practices. A structured questionnaire is constructed containing various questions on three major dimensions of HRM i.e Recruitment & selection, Salary and Compensation, Training and Development. Survey on sample of 100 respondents from both the Public and Private sector Banks has been administered for the purpose of this study. The data is analysed using statistical measure of Chi Square test using SPSS. Top Keywords Human Resource Management, Employee Satisfaction, Recruitment, Selection, Salary, Compensation, Training & Development, Chi Square Test. Top |