Magazine

HRM: Discipline at Workplace

Discipline in the workplace refers to the adherence to established codes of conduct, rules, and ethical practices that ensure smooth functioning of an organization. In banks, discipline is particularly crucial because employees are custodians of public funds and must maintain the highest levels of integrity and professionalism. Discipline fosters accountability, punctuality, respect for organizational norms,…

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HRM in Indian Banking: Workers’ Participation in Management (WPM) – Evolution, Practices, and Contemporary Challenges

Workers’ Participation in Management (WPM) in the Indian banking sector represents a distinctive model of industrial democracy that has evolved through decades of legislative frameworks, bipartite negotiations, and institutional innovations to create collaborative workplace governance structures. Historical Evolution and Framework The foundation of WPM in Indian banking was established through the nationalization process, particularly the…

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Industrial Relations (Part B): Unions, Discipline, Participation, and Modern IR

Industrial relations (IR) integrates the institutions, processes, and practices that shape employer–employee interactions—covering trade unions, collective bargaining, discipline and grievance systems, conflict management, and participative mechanisms in governance. Historical background of trade union movement The Indian trade union movement traces its roots to late-19th-century industrialization in textile, jute, and railways, with early formations like the…

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Industrial Relations in HRM: Codes, Compliance, and a Changing Landscape

Industrial relations in HRM encompass the frameworks, laws, and practices that govern the relationship between employers, workers, and unions, aiming for productive workplaces, fair treatment, and effective dispute resolution in a rapidly evolving economy. Industrial Relations Code 2020 The Industrial Relations Code, 2020 consolidates the Trade Unions Act 1926, Industrial Employment (Standing Orders) Act 1946,…

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Personnel Management in HRM: Functions, Legal Foundations, and Working Conditions

Personnel management focuses on planning, acquiring, developing, compensating, and maintaining a workforce to achieve organisational objectives effectively and lawfully, spanning managerial and operative functions across the employee lifecycle. Personnel function Personnel functions typically span procurement, development, compensation, maintenance, and integration, combining planning, organising, directing, and controlling to align people practices with business strategy. Operative responsibilities…

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Motivation, Training, and Skill Development in HRM: Building a Future-Ready Workforce

In today’s competitive business environment, human capital has emerged as the most valuable asset for organisations. Effective Human Resource Management (HRM) goes beyond just hiring talent; it focuses on nurturing, motivating, and developing employees to align with organisational goals. Motivation, training, and skill development form the cornerstone of HRM practices, ensuring that employees not only…

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