The World HRD Congress again recognised the Bank of Ceylon (BOC) as one of the ‘Best HR organisations to work for’ at the 27th edition of the annual Global HR Excellence Awards at Taj Lands End, Mumbai, India recently.
This was the second consecutive year the bank was recognised for its best practices in the field of Human Resources. The event was organised to encourage HR practitioners who are organised for a professional cause benchmarking best HR practices.
The Bank’s Assistant General Manager Human Resource Damma Wijayawardene and Chief Manager Superannuation, Samantha Wimalasiri received the award from Dr. Michelle Reina and Dr. Dennis Reina (Co-founder, Reina A. Trust Building Consultancy).
The Bank believes its Human Resources are the key element behind its success. The Bank’s HR policy ensures that it maintains a culture of contribution and innovation at work; consistently improving the HR Policy by measuring organisational health and inculcating values that help achieve its vision; being a social employer and developing future leaders in the organisation. The award recognises the efforts the Bank has made for managing a workforce of over 9,000 and driving them to reach the Bank’s strategic goals.
“The Bank considers employees as one of its greatest strengths. Every effort is being made to ensure the well-being of the staff.
The attrition rate, which is below 1%, is one of the lowest in the industry, which speaks volumes of the bank’s HR management processes. From the start of their careers, all new recruits are provided with an induction training so that they can easily blend into the culture and work ethics of the Bank,” said Deputy General Manager Human Resources, K.E.D. Sumanasiri.