A Study of Sustainable HR Practices in Banking Sector in Hyderabad City

Authors

  • Madhavi AVR Research Scholar, Department of Management Studies, Vignan Foundation for Sciene,Technology and Research, Guntur-522213, India. Author
  • Dr. B. Srinivas Rao Professor, Department of Management Studies, Vignan Foundation for Sciene,Technology and Research, Guntur-522213, India. Author

DOI:

https://doi.org/10.47392/IRJAEM.2024.0497

Keywords:

Sustainable HR Practices, Banking Sector, Bank Employees

Abstract

The study explores the adoption and impact of sustainable Human Resource (HR) practices in the banking sector in Hyderabad City. With sustainability becoming increasingly important in corporate strategies, this research aims to assess how banks in Hyderabad are integrating sustainable HR practices into their operations. A sample of 20 banks was selected, and data was collected from 100 employees across various levels and departments. The study focuses on key aspects such as recruitment, training and development, employee well-being, environmental responsibility, and corporate social responsibility (CSR). The findings reveal that while many banks have initiated steps toward sustainable HR practices, there is significant variation in the depth and effectiveness of these practices across different institutions. Key challenges include a lack of comprehensive policies, limited employee engagement, and the need for more robust training programs. The study concludes that while the banking sector in Hyderabad is moving toward sustainability, there is a need for more consistent and integrated approaches to fully realize the benefits of sustainable HR practices. Recommendations include enhancing employee awareness, developing clear sustainability goals, and fostering a culture of continuous improvement in HR practices to support long-term sustainability in the banking sector.

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Published

2024-11-23