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JAY NANDU
ROLL NO-26
DIV-B SY B.COM
cover
Performance appraisal
Performance appraisal means evaluating employee
performance, and comparing actual with standard
performance. Icici bank evaluates their employees by
using the following form.
Promotions
In ICICI BANK they declare their employee
promotion in the month of april in each year.
During the year 2008-09, the banks net profit
reduced to 10% year-on-year to Rs. 3,758 crores.
This made the bank stop its annual promotions and
bonuses to employees and directors.
Gratuity
Superannuation fund
pension
Provident fund
ICICI Bank
Leave encashment
Resignation
This is the most common way of separation.
Employee leaves his job and employment with his
employer to pursue better opportunities
employee resigns for
1)
Better compensation and benefits
2)
Higher position / level
3)
Challenging role
4)
To move from an unknown or lowly branded
company
5)
For foreign or international assignments