Human Resources Certification Policies

Questions and Answers

What is the requirement for an employee to receive a cash incentive and fee reimbursement?

They must apply for reimbursement before the course begins.

They must submit a Letter of Undertaking to serve the Bank for a specified period. (correct)

They must submit only the marks sheet.

They must complete their training without any course completion certificate.

Which of the following is NOT true about the reimbursement claims for Executives?

Employees must submit course completion documents.

There are conditions attached to the claims process.

They are processed by the PM Section, HR Wing.

Claims can be submitted through any department. (correct)

What is the minimum period an employee must serve the Bank after receiving reimbursement for Group-I & II courses?

5 years from the date of reimbursement

2 years from the date of reimbursement (correct)

1 year from the date of reimbursement

3 years from the date of reimbursement

Which statement is true regarding the Professional Banker Qualification?

Fees of Rs. 1,000/- plus taxes are required for each specialization. Signup and view all the answers

What happens if an employee does not fulfill the service requirement after receiving reimbursement?

They must refund the entire amount received. Signup and view all the answers

What is required for Officers to work in the identified areas?

They must have relevant certifications Signup and view all the answers

What happens to Officers who fail to acquire relevant certifications within the prescribed timelines?

They are redeployed to other areas or functions Signup and view all the answers

What is the deadline for Officers to complete their certification courses?

Within six months or the duration of the course, whichever is later Signup and view all the answers

How has the process for claiming incentives and reimbursements changed as part of the HR digitalization?

It has been made online in HRMS since June 3, 2022 Signup and view all the answers

What informs the placement of Officers after they acquire certifications?

The administrative needs of the organization Signup and view all the answers

Study Notes

Officer Certification and Deployment

Officers deployed to specific areas must have relevant certifications before posting.
Existing officers without certifications must acquire them within six months or the course duration, whichever is longer.
Failure to obtain certifications within the set timeframe leads to redeployment to different areas/functions.

Incentive Scheme for Capacity Building

Modified "Incentive Scheme for Capacity Building for Officers and Clerical Employees" aims to enhance skill development.
Eligible courses categorized into Group-I, Group-II, and Group-III, detailed in provided annexures.
All incentives and reimbursement claims for capacity building are processed via the updated HRMS system as of 03.06.2022.

Claim Submission Process

Claims must include course completion certificates and relevant documents through the HRMS.
Employees must sign a 'Letter of Undertaking' to remain with the Bank for set periods post-reimbursement, or refund received amounts if they leave earlier.

Duration of Service Commitment

For Group-I and II courses, the commitment is two years or until retirement; for Group-III courses, it's three years or until retirement.

Reimbursement for Executives

Claims for executives processed by the PM Section of the HR Wing.

Professional Banker Qualification

Indian Institute of Banking & Finance (IIBF) offers Professional Banker qualifications in five specializations: Credit, Treasury, Accounting & Audit, IT, and International Banking.
Each specialization requires a registration fee of Rs. 1,000 plus applicable taxes.
This qualification is not eligible for reimbursement or cash incentives but can be added to the employee's HRMS profile.

Certification Course Examples

Certificates available in various domains such as Credit Management, Risk Management, Treasury Management, and Insurance.
Specific certifications include:
- Credit Management (NIBM, Moody’s Analytics)
- Financial Risk Management (GARP)
- Information Security (ISACA)

Submission and Approval Workflow

Employees submit claims through the HRMS by uploading scanned certificates and mark sheets.
Immediate supervisors verify and forward claims to the HRM section.
HRM verifies claims before sending to the Sanctioning Authority for final approval.

Payment Release

Approved payments are processed through the Capacity Building Scheme account.
Notifications are sent to employees upon sanction of their claims, with updates reflected in HRMS profiles.

Description

This quiz explores the policies and procedures related to the deployment of Officers in Human Resources. It focuses on the importance of relevant certifications and the challenges in positioning employees without the necessary qualifications. Test your knowledge of certification protocols in human resources management.