Table 1

Comparison of Indian and Chinese Banks in terms of HRM practices and SDG goals

HRM policies and practicesSDGSDGs targetCountryIndia
DisclosuresState Bank of IndiaHDFC BankICICI BankAxis BankKotak Mahindra Bank
Recruitment and SelectionSDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all8.5Total Number of employees244,250173,222129,02085,81573,481
Males (%)73.4577.3767.675.3473
Females (%)26.5522.6332.424.6627
Male (officers) %78.8390.183.38590.7
Female (officers)%21.179.916.7159.3
number of employees with disability/minority133,802 (5096 people with disability)197964812
8.3No. of New hires 85,814 30,25646,711
Rewards and payments8.5Pay equality female/male %88.4596.2598.8 95
Workplace health and safety8.8Initiatives on Health and safety16.18%29.12%100%100%Trained on H &S, “Visit” app to bookHealth and safety training
SDG 10: Reduce inequality within and among countries10.3discrimination/sexual harassment cases11368433456
Maternity Leave (no. of employees availed it)100% covered1,455100% covered1,439624
Paternity leave (no. of employees availed it)100% covered4,802NA (not disclosed)2,7261710
Inclusion initiativesSamya: educating emplyees through caseletsInclusion Day Pause for Bias initiative and 104 training sessions conducted, Diversity Charter ‘#Comeasyouare, 187 'Pause for Bias' Seminars, a self-Reflection Training ProgrammeKotak Wonder Women (KWW) Meet
Training10.3% total employees trained8491.0698.1710092.68
Number of Male employees trained178,939122,38285,74651.46person hour training for males49,941
Number of female employees trained64,85735,35840,91463.57person hour training for females18,160
Initiative towards environmental sustainabilitySDG 13: Take urgent action to combat climate change and its impacts13.3Sustainability initiativesCleaning drives: dam cleaning drive, Astitva - Online Quiz on Sustainability, Swachhata Pakhwada' initiatives, oy of Giving Week from 2nd October 2021 to 8th October 2021100,000+hours on human rights trainingHuman rights training to 99.8% employeesHuman rights training to 100% employeesReported many initiatives
HRM policies and practicesChina
ICBCChina Construction bankAgricultural Bank of ChinaBank of ChinaChina Merchnats Bank
Recruitment and Selection427,587352,588452,258306,182112,999
50.2745.9954.6442.8443.3
49.7354.0145.3657.1656.7
90.9189.785.724178
9.0910.314.283922
NRNR8.78%NRNR
22,9641,33624,00011,32510,639
Rewards and paymentsNRNRNRNRNR
Workplace health and safetyBank provide diverse range of care, including mental healthNRRegular health checkups and mental health awareness and women’s heath supportNRNR
1NRNRNRNR
NRNRNRNRNR
NRNRNRNRNR
NRNRNRNRNR
Training98.9298.399.1NRNR
98.00%NR98.8NRNR
99.10%NR99.5NRNR
Initiative towards environmental sustainabilityESG online training to 4,562 employees3,363 employees to serve as poverty alleviation officials, of which 195 female employees volunteered to join the poverty alleviation front. Icourse brand “Yueshu School” for female employeesReported many initiativesReported many initiatives

Note(s): *NR: Not reported by using the selected codes specifically in facts and figures

Source(s): Authors’ own work

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