In recent years, there has been a big surge of interest in bank jobs. This is not surprising as bank jobs have always been in demand. The IT boom had tempered the intensity in between, but with the interest in IT jobs waning due to low salary and demand, bank jobs have again risen to their original popularity.
IT professionals, engineers, and management graduates are finding the job financially secure. And the comfortable working time further increases the advantage. The inconvenient working hours in the IT industry does not find many takers especially the women who find the bank jobs a better alternative.
With a healthier remunerative package and job security, the banking sector is certainly a lucrative option. Of the various public sector banks, SBI posts are most preferred by aspirants. There are several reasons behind this popularity. Here are some of them:
State Bank of India supports performance-based development. The performance of more than 200,000 employees is tracked constantly by the Bank which keeps the employees motivated. This makes them work with dedication.
Employees showing promising performance are groomed for the top posts via special training modules in leading institutes such as IIMs, Harvard, ISB, and Stanford.
SBI encourages employees to partake in dynamic projects such as mobile banking, digital branches, etc. For motivating team spirit and increased career growth, SBI has formed â€˜SBI Aspirationsâ€™, its platform in social media.
The objective of this online platform is to encourage the exchange of concepts among employees and promote positive interactions with the management personnel at the top level.
Employees of SBI are exposed to a diverse work environment. Being a global bank with more than 1000 roles, catering to diverse businesses worldwide, employees are open to a big industrial spectrum. With a job rotation once in 2 years, promising employees are provided with a veritable learning curve while exploring financial services such as credit cards, asset management, investment banking, etc.
SBI is the largest bank in India with more than 190 offices abroad spread over 36 countries, thus making it the leading Indian player in the global financial market.
Based on their work performance, employees are given posts abroad for a span of 3 to 5 years. Employees and their families are given full security during their foreign stint, making the transitions easier to handle.
The bank is popular for the care it takes of its employees. Employees share a warm bond and respect. The intra-bank competitions further improve the employee relationship. They are also encouraged to take part in social improvement projects in partnership with NGOs which help in rural development. SBI Youth for India program is one such effort.
With a history that dates back to more than two centuries, State Bank of India is a well-established organization having assets that make up nearly 20% of the entire banking industry in India. It is one of the Fortune 500 financial institutions and the second most valued Indian brand. The above-mentioned reasons along with good job security and high salary make it no wonder why a job with SBI enjoys this popularity.