Project Report on The Automation on Human Resource Management Functions in The Banking Sector of Bangladesh

Abstract

In this study how software functions in various banks and how the bank is gaining from the use of this system software, is explained. Additionally, it was found how few banks update on the daily system software in the banking industry. Both bankers and clients profit from automation in the financial sector. The likelihood of losing and damaging papers has decreased, if at all. Employees won't have any trouble if there is an issue with the archive because it was entered into the software system. Because automation increases productivity and streamlines procedures, it has completely changed HR activities in the banking sector. AI-powered candidate monitoring systems and digital onboarding platforms have accelerated and improved the efficiency of recruitment and onboarding. With the automation of payroll, attendance, and benefits administration, accuracy, compliance, and a decrease in human labor are now guaranteed. Banks can effectively conduct compliance training, monitor employee progress, and give ongoing feedback thanks to automated performance management and e-learning technologies. All things considered, automation guarantees scalability in managing huge workforces, improves employee engagement, and frees up HR professionals to concentrate on strategic duties.