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hereafter. Overall, more emphasis has to be placed on training. We have 10 training centres, a Regional Staff College at Panchukula and an apex college at Delhi. Two more regional training centres are coming up at Thane in Mumbai, and in Lucknow, Uttar Pradesh. They will bolster the bank's existing training capacity. The annual expenditure on training is about Rs 10 crore. Measures such as performance appraisals, career- path and succession planning and the introduction of non-monetary incentives to the staff are being initiated to augment HRD activities.

Retaining the Best Talent for Organisation Development
Oct 26,2001 in this article Marc Hamilton and Harris Kern says that it is found that many companies uses job rotations significantly improve retention within their employees in organizations. The most successful type of job rotation is approximately eight weeks in length, with engineers typically rotating out to a non-development organization, such as sales, marketing, IT operations, or finance. Rotation to another development organization is possible, but typically this is useful only if there's a prototyping or other short-term development opportunity available. Transferring into the middle of a large project may take a employee the bulk of eight weeks just to come up to speed on the project. Since job rotation programs are by nature cross-organizational, the support of the president or other executives whom all the organizations report to is needed to ensure success of the program. This executive should be responsible for assuring that each organization's VP or director also supports the goals of the program. If it's impossible to obtain this support, it may be possible to start a smaller, more grassroots job rotation program by coordinating between different line managers, but the long-term success of such a program is unlikely to be as great and after completing a rotation, many employees have a newfound respect for their line manager.

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How Companies Are Handling These Issues
How Job Rotation is handled by some of the banks

Job Rotation in HDFC Bank

In HDFC Bank all employees involved in the Job Rotation Schedule. In HDFC Bank the staff gets rotated in every 6 months and the officers get rotated in every 3 years.

The flexibility and consideration is given to those employees who have Physical difficulty for such employee there is no Job Rotation for example: Deaf and Dumb. Job Rotation takes in bank for other new comers to show their work as per their knowledge and to avoid frauds.

For Job Rotation of the employees meeting are held in every 6 months and for officers it is 3 years. The employees are been provided with the rule and regulation.

Job Rotation in Indian Overseas Bank

In JOB all the employees involved in the job rotation schedule, the staffs, clerks and officers. The staffs and clerks have internal rotation and officers get rotate to other branch.

As per the Bank rule the staff gets rotated in every 6 months and the officers get rotated in every 2.5 years. The flexibility and consideration is been given and those individual who have physical deficiency have no job rotation.

The employees are involved in the rotation s