~ 308 ~ IJMRD 2015; 2(2): 308-312 www.allsubjectjournal.com Received: 13-12-2014 Accepted: 08-01-2015 E-ISSN: 2349-4182 P-ISSN: 2349-5979 Impact factor: 3.762 Anas Khan Research Scholar Department of commerce Aligarh Muslim University Aligarh-202002 Correspondence: Anas Khan Research Scholar Department of commerce Aligarh Muslim University Aligarh-202002 An empirical analysis of HR policies on the performance of employees in banking industry: A case study of State Bank of India (SBI) Anas Khan Abstract It is widely accepted that human resource is one of the most important assets of an organization because things are getting done through employees. In other words, the success of an organization in realizing its objectives heavily depends on the performance of its employees. Therefore, it is important to focus on the factors affecting the performance of the employees. Performance is considered to be related with the human resource policies of the organization. The present paper investigates the influence of human resource policies on the performance of employees in banking sector in India. A sample of 100 employees from State Bank of India was purposively selected for the study. Data have been collected through questionnaires designed on a five point Likert scale. Mean, Standard deviation and multiple regression has been used to measure the impact. The analysis of the data shows that there is significant impact of HR Policies on the performance of employees. Keywords: HR policies, employee’s performance, multiple regression, State Bank of India (SBI). 1. Introduction Human Resource refers to the individuals or personnel or workforce within an organization responsible for performing the tasks given to them for the purpose of achievement of goals and objectives of the organization. Human resources or human capital are the set of individuals who make up the workforce of an organization, business sector, or economy. Human resource is essential imperative for the prosperity and growth of an organization. Their performance is certainly an issue of concern for the management of all organizations who retain them. 2. HR policies HRP are the principles, rules and guidelines formulated or adopted by an organization to reach its long term goals. HR policies are systems of codified decisions, established by an organization, to support administrative personnel functions, performance management, employee relations and resource planning. Each company has a different set of circumstances, and so develops an individual set of human resource policies. The establishment of policies can help an organization demonstrate, both internally and externally, that it meets requirements for diversity, ethics and training as well as its commitments in relation to regulation and corporate governance of its employees. HR policies can also be very effective at supporting and building the desired organizational culture. Human resource policies include policies regarding recruitment, selection, training and development, performance appraisal, career planning, compensation, job definition, grievance redressal mechanism, incentives, etc. in order to measure the impact of HR policies on the performance of employees, the present study has taken four HR policies namely recruitment and selection policy, training and development policy, performance appraisal policy and incentive policy. 2.1 Recruitment and selection: Recruitment is the process of generating a pool of capable people to apply for employment to an organization whiles selection is the process by which specific instruments are employed to choose from a pool of applicant’s persons most suitable for the job taking into consideration management goals and legal requirements (Bratton & Gold 2003). Selection is an International Journal of Multidisciplinary Research and Development 2015; 2(2): 308-312