Year:2024   Volume: 6   Issue: 1   Area: Sociology

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  3. ID: 985

Ali H. N. BNILAM, Salim S. HAMMOOD

EVOLUTION OF HUMAN RESOURCE MANAGEMENT IN IRAQI BANKS (A FIELD RESEARCH

This research aimed to seek answers to its inquiries from senior levels and experts in human resource development. It originated from a problem stating that acquiring a competent banking workforce is not an easy task, and sustaining this workforce with the necessary experiences and knowledge is also challenging. In Iraq, the banking system is relatively new, with the emergence of private banks starting after 2003. These banks require competent human resources, and there is a need to acquire, sustain, and develop these resources. The research hypothesis stated that "planning, recruitment, training, and compensation influence the evolution of human resource management in the Iraqi banking sector." The descriptive-analytical method was employed by constructing a questionnaire distributed to six Iraqi banks, with a total of 10 questionnaires per bank. A total of 56 valid questionnaires were retrieved for analysis. The study found that training programs determined by the human resource management primarily depend on the needs and requirements of each position, taking into consideration industry advancements in the banking sector when designing training programs. It recommended that human resource management in Iraqi banks should keep pace with industry advancements to incorporate them into training programs, while ensuring that general training covers industry-wide developments, while job-specific training is tailored to the requirements of each position

Keywords: Planning, training, recruitment, employee compensation

http://dx.doi.org/10.47832/2717-8293.27.18


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