Role of Human Resource Information System in Banking Industry of Developing Countries

Role of Human Resource Information System in Banking Industry of Developing Countries
Dr. Harman Preet Singh Assistant Professor, PGDAV College University of Delhi, Delhi, India [e-mail] Dr. Sunita Jindal Associate Professor, giBS GGS IP University, Delhi, India [e-mail] Sekh Abdul Samim Sr. Relationship Manager, IIPM Bhubaneswar, India [e-mail] Abstract- The deployment of Human Resource Information System (HRIS) in banking is the fruit of development of Information Technology (IT). It has emerged as an important interdisciplinary tool to achieve vital organizational Human Resource (HR) objectives. HRIS is applied in personnel administration, salary administration, leave/absence recording, skill inventory, medical history, performance appraisal, training and development, HR planning, recruitment, career planning, negotiations etc. In developing countries, the banking industry has gone from a basic process to convert manual information keeping systems into computerized systems. HRIS has become a vital tool to IT enable HR processes. In this paper, the role of HRIS in transforming the banking industry of developing countries is discussed. HRIS in banks of various developing countries like India, Pakistan, Indonesia, Thailand, Sri Lanka and Kenya are studied. It is done to explore the current status and potential utility of HRIS in developing countries. Based on the study, certain practical suggestions have been given to manage and improve HRIS in banking industry of developing countries. It comes out that an appropriate integrated IT platform should be chosen for HRIS. There should be effective harmonization between HR processes and IT platform. In the nutshell, this paper establishes HRIS as a prominent interdisciplinary tool to effectively manage organizations and brings forth synergies among disciplines of HR, IT and banking in the context of developing countries. Keywords- Banking industry, developing countries, HRIS, IT

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