Cimb Bank Case Study

864 Words2 Pages

CIMB BANK According to the CIMB Bank, many ASEAN’s best talents was attracted to their company due to their reward systems. Besides the high salary that the CIMB Bank offered, it also provided a plethora of work-life benefits for your personal and professional well-being. Performance based incentives was one of the way that CIMB reward their employees. The company benefits in CIMB included the healthcare, insurance plans, low-interest housing and vehicle loans, scholarships and sponsorships, extended maternity leave, and even sports and recreational facilities. Besides that, some of the company benefits were extended to the partner and children of the staff. Employee in CIMB really appreciate to their Staff Rejuvenation Programme (SRP) because …show more content…

According to Alliance bank (n.d.), family was the most valuable assets that continue to drive success of their company. Alliance bank was committed to provide their employees a safe, health, and conductive working environment. Human capital investment was the strategic and integral part in the Bank’s policies, financial commitment, and business framework. Besides that, development is critical to our goal of being the Malaysia’s Best Customer Service Bank.
Besides that, provides training and development programs also one of the factors that will affect the employee engagement of financial sector in Malaysia. Alliance Bank continues to invest in training and development programs that are aligned to the objectives of the banks. Furthermore, Alliance Bank also improves the employee’s career development and professional growth. They also have to take part in the participation survey to make sure that they have the competitive advantages in the market. They also hire employees by using two ways communication via multiple channels to seek views and feedback from …show more content…

RHB BANK
RHB are performance oriented. Performance management is an important aspect in building employee engagement. Challenges and first-hand exposures are provided by their rapid expansion and growth is good for us to learn new things and gain some experience handing situations. RHB also encourages us to outperform ourselves and excel. RHB is also reviewing its performance and reward management system to further enhance the system for a more comprehensive and competitive performance and reward management. (NG, 2013)
RHB also provide perks and benefits to their employees. Competitive remuneration and rewards are provided and given out based on good performance, potential and work ethics. This is also crucial as pay and reward is also an area in building employee engagement.
Conducive working culture is also another area to focus on to build employee engagement and RHB provides just that. Engaging activities for their employees to promote work-life balance are held from time to time. Sport club for employees and their family members are also holding sport and other recreational activities to engage their

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