HRM Practices: Effects of Recruiting and Selection, Training and Development on the Organizational Performance of Private Commercial Banks in Bangladesh

This study examines the impact of Human Resource Management (HRM) practices as well as the factors that affect recruitment and selection as well as training and development on the organization performance of the private commercial banks in Bangladesh. To achieve the study objectives, the researcher developed a closed-ended questionnaire, which was administered in a survey. The sample comprises the staff of the 5 Banks and it has been selected through a convenient sampling procedure. The collected data were analyzed by using SPSS. The analysis of the descriptive statistics and correlations indicates that recruitment and selection as well as training and development significantly correlated with the organizational performance of private Commercial Banks and furthermore training and development is more effective for organizational performance compared to recruitment and selection. The study also recommends the steps to improve HRM practices in private commercial banks.