E-HRM: Emerging HR Practices in Private Banks

Technological innovation lays down several changes which can affect the functioning of the human resource and make it simpler and faster than earlier. Human resource management has always played a very important role in improving and enhancing the performance of organization. HR is the most valuable assets of an organization which never depriciate. Build people to build the organization to build business is an accepted truth. The use of Information and Communication Technologies (ICT) facilitates the innovative ways of carrying on HR work. E-HRM may be most powerful driving force for achieving organizational effectiveness. E-HRM has made few buzzword like automation, transparency, empowerment, paperless office with least human interference, a reality which was once supposed the panacea for all the ills of workplace. With the adoption of E-HRM, organization might be capable of performing their HR activities effectively. With increasing competition and the banks giving importance to cost cutting which has posed challenge on minimizing expenditure not compromising on productivity. The banks adopt several IT tools for performing their HR functions such as e-recruitment, e-selection, e-training, e-compensation, etc. E-HRM provides the information required to manage HR process. The E-HRM provides the portal that enables employees, managers, HR professionals to view extract or alter information which is necessary for managing the HR of the organization and for making decisions quickly. An endevour through this paper is been taken to reflect the role of e-hrm in performing the HR activities in private sector banks.