Impact of Voluntary Retirement Schemes on HR Management and Optimization in Nationalised Banks

Authors

  • Yadav R International Institute of Professional Studies, Devi Ahilya University, Indore, India

Keywords:

VRS, SBIN, HRM

Abstract

This paper investigates the effects of Voluntary Retirement Schemes (VRS) on Human Resource Management (HRM) parameters and optimization in nationalised banks, focusing on the State Bank of India (SBIN). The relationships
between VRS and HR policy, development, maintenance, acquisition, and organisational structure. Hypotheses are tested using
HR metrics, including employee productivity, retention rate, training cost efficiency, and HR cost efficiency. To determine if VRS has optimised HR functions while maintaining productivity and operational efficiency. In other words, we want to examine the effects of Voluntary Retirement Schemes (VRS) on Human Resource Management (HRM) parameters and optimization in nationalised banks. Using a quantitative research design, this study analyses HR metrics, tests hypotheses, and employs statistical analysis to understand the relationships between VRS and HR optimization. The findings contribute to the understanding of VRS's impact on HRM parameters and optimization, providing insights for HR practitioners and policymakers

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Published

2015-01-31

How to Cite

[1]
R. Yadav, “Impact of Voluntary Retirement Schemes on HR Management and Optimization in Nationalised Banks”, Int. J. Comp. Sci. Eng., vol. 3, no. 1, pp. 228–233, Jan. 2015.

Issue

Vol. 3 No. 1 (2015): IJCSE January Edition

Section

Research Article

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