hi am brijesh i would like to get details on project on detailed study of promotion and reward policy of SBI.. searching by self know that project on detailed study of promotion and reward policy of SBI will be available here and now i am living at jalandhar and i last studied in the college/school Khalsa collage and now am doing MBA i need help on above subject project.
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Each organization must maintain a balance between internal sources of staff promotion and external sources through recruitment. Promotion should therefore be based on a coherent, fair and clear policy. The National Institute of Personnel Management (NIPM) has suggested a promotion policy in the following lines: Elaboration of an organization chart to clarify the whole promotion ladder. Where there is a job analysis and a planned salary policy, such a letter is fairly easy to prepare. Make the promotion system clear to all stakeholders who can initiate and handle promotional cases. Although departmental directors may initiate promotion, final approval should be left to top management, after the personnel department has been asked to verify if its impact is likely to result from the proposed promotion. All promotions must be during a trial period to determine whether the promoted person is able to handle the job or not. Normally, during this probationary period, he draws the salary from the senior position, but it must be clearly understood that if he "does not get the qualification" he will be returned to his old position and old salary scale.
