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SBI reworks recruitment policy Intake to match retirements each year

Making change in human resource policy, State Bank of India will number of people it will recruit at entry level will be similar to the those who are slated to retire in a particular year.
It would also make process streamlined, almost like an annual MBA admission process at elite management schools.
Responding to query if country's largest lender was tapering the recruitment, chairman Arundhati Bhattacharya said bank was hiring in spurts and running it off in two-three years and then hiring again.

This was found to be inefficient process. Large intake (hiring) in one-go led to major challenge of making arrangement and training new recruits at entry level (officers and clerical staff).
Therefore every year bank would try to hire as much as people are retiring. That is replenishing number of people retiring year on year.
"We will not do hiring in spurts. Therefore if there is steady stream of people entering the organization it is that much easier to get them properly trained and on board. So that is the way we will continue to hire", SBI chairman said.
Bank would put out schedule so everybody knows when the examinations will take place in the SBI group and for which kind of hiring, she said.
So that entire market knows like the way it happens with Common Admission tests for management program. SBI entrance examination should also be known when it happens. That is what bank will be aiming for in next two years, she said.
Bank plans to add about 1,800 probationary officers and around 3,000 clerical staff this year, she said
Its employee count declined by end of September 2014. Actually 11,000 people have retired and however, bank brought in about 5,000 plus watch and ward employees. The recruitment of security staff was necessary as two third of currency chests are maintained by SBI. So, on net basis down by head count is down by 4,700.

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