International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Developing Banking Industry through Human Capital Needs
Tatjana Boshkov, PhD; Aleksandra Zezova, PhD

The paper determines that human resource management (HRM) in banking sector must embrace strategic human resource planning programs with all banks strategy. This underlines the essential meaning of designing an effective recruitment policy with these strategies as formulation and implementation of active reward policy. Also, banks should include more active training and development for employees. Banking sector also is human capital intensive and plays a critical role for the banks in meeting their goals and offering services to its clients. Today, the fast progress of technology, globalization and “knowledge economy” progress principles are ruling. This paper shows the impact of the development of employees' human capital on career success, viewed through different hierarchical positions in a particular sector in this case - banking industry.

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