Research methodologies-------the reason of the talent flows from a Essay

Research methodologies-------the reason of the talent flows from a state owned bank to a private bank - Essay ExampleThe services offered by the bank includes retail banking, corporate banking, contradictory currency transaction, consumer credit, Great Wall debit and credit card services, investment banking, fund management and clear and settlement (Bank of chinaware, n.d. Bloomberg, 2013a Bloomberg, 2013b The Financial Times Ltd., 2013). The other bank which is considered in the study is CMBC. CMBC was established in the socio-economic class 1996 in Beijing. It is non-state owned enterprise and was founded in strict compliance with the regulations and rules lead down by the mercantile banking law and the company law (CMBC, n.d.). The bank conducts commercial banking business by providing loan, deposits, issues financial alliances, discounts, settlements, government bond trading and underwriting, bank guarantee, letter of credit and other financial services (Bloomberg, 2013c Bl oomberg, 2013d). The study is conducted on the employees and the tender-hearted resource manager of the two organizations in order to gain a clear understanding regarding the option and the rewards policies and how these are related to the talent flow from the state owned banks to the private owned banks. 4.1 Employees of Bank of mainland China This section briefs about the responses of the employees of Bank of China regarding the study. ... nts came to know about the vacancy from an advertisement tending(p) in the newspaper and rest that is 5 part of the respondents was selected through campus recruitment. On asking the employees of Bank of China regarding how did they apply and when did they get call they said that later on going through the details of the position and the eligibility criteria menti 1d in the notice, they need to fill up the application form available on the website of the bank and send it to the adult male resource department of the bank via e-mail as ment ioned in the notice. About 50 percent of the respondents authentic a call from the bank after three months of sending the application whereas almost 30 percent and 20 percent of the respondents got a call after 60 and 75 days respectively. When the question regarding how galore(postnominal) rounds of interview did the candidate faced was asked the employees of Bank of China, about 100 percent of the respondents replied that they faced exclusively one round of interview. However, they stated that there is one round for lower and lower middle level of recruitment but in case of higher level the number of interview ranges from 2 to 3. The interview is only conducted after the candidates have successfully passed the written examination. When the employees were asked whether they think that the selection procedure that the organization follows is an appropriate expressive style to judge the potential of the candidate, they said that the selection procedures included resume screening, written examination and interview after the candidate qualifies these steps then background investigation and physical examination are conducted. About 60 percent of the respondents feel that the selection procedure used by the organization in an appropriate counselling to judge the potential of a candidate.