A Study Of HRM Practices And Its Effect On Employees Job Satisfaction In Private Sector Banks With Special Reference To ICICI Banks In Ludhiana

ABSTRACT In today’s world of global business competition, organizations are facing emerging challenges in the form of procurement and optimization of human resource capital. The success of an organization is influenced by numerous factors but the key factor that affects the performance of organisation is its workforce. Human resources play a vital role in the achievement of organizational objectives. The present study is an attempt to examine and analyse the effect of human resource management practices on job satisfaction of employees of private sector bank with special reference to ICICI banks in Ludhiana city. In the study, the estimated regression model identified that the HRM practices like Training, Performance Appraisal, Team Work and Compensation has significant impact on job satisfaction. On the other hand Employee Participation has no significant impact on job satisfaction of the employees of ICICI banks in Ludhiana city. Keywords: Human Resource Management Practices, Job Satisfaction, Performance Appraisal, Team Work.