Comparison of Indian and Chinese Banks in terms of HRM practices and SDG goals
| HRM policies and practices | SDG | SDGs target | Country | India | ||||
|---|---|---|---|---|---|---|---|---|
| Disclosures | State Bank of India | HDFC Bank | ICICI Bank | Axis Bank | Kotak Mahindra Bank | |||
| Recruitment and Selection | SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all | 8.5 | Total Number of employees | 244,250 | 173,222 | 129,020 | 85,815 | 73,481 |
| Males (%) | 73.45 | 77.37 | 67.6 | 75.34 | 73 | |||
| Females (%) | 26.55 | 22.63 | 32.4 | 24.66 | 27 | |||
| Male (officers) % | 78.83 | 90.1 | 83.3 | 85 | 90.7 | |||
| Female (officers)% | 21.17 | 9.9 | 16.7 | 15 | 9.3 | |||
| number of employees with disability/minority | 133,802 (5096 people with disability) | 197 | 96 | 48 | 12 | |||
| 8.3 | No. of New hires | 85,814 | 30,256 | 46,711 | ||||
| Rewards and payments | 8.5 | Pay equality female/male % | 88.45 | 96.25 | 98.8 | 95 | ||
| Workplace health and safety | 8.8 | Initiatives on Health and safety | 16.18% | 29.12% | 100% | 100%Trained on H &S, “Visit” app to book | Health and safety training | |
| SDG 10: Reduce inequality within and among countries | 10.3 | discrimination/sexual harassment cases | 113 | 68 | 43 | 34 | 56 | |
| Maternity Leave (no. of employees availed it) | 100% covered | 1,455 | 100% covered | 1,439 | 624 | |||
| Paternity leave (no. of employees availed it) | 100% covered | 4,802 | NA (not disclosed) | 2,726 | 1710 | |||
| Inclusion initiatives | Samya: educating emplyees through caselets | Inclusion Day | Pause for Bias initiative and 104 training sessions conducted, Diversity Charter ‘#Comeasyouare, 187 'Pause for Bias' Seminars, a self-Reflection Training Programme | Kotak Wonder Women (KWW) Meet | ||||
| Training | 10.3 | % total employees trained | 84 | 91.06 | 98.17 | 100 | 92.68 | |
| Number of Male employees trained | 178,939 | 122,382 | 85,746 | 51.46person hour training for males | 49,941 | |||
| Number of female employees trained | 64,857 | 35,358 | 40,914 | 63.57person hour training for females | 18,160 | |||
| Initiative towards environmental sustainability | SDG 13: Take urgent action to combat climate change and its impacts | 13.3 | Sustainability initiatives | Cleaning drives: dam cleaning drive, Astitva - Online Quiz on Sustainability, Swachhata Pakhwada' initiatives, oy of Giving Week from 2nd October 2021 to 8th October 2021 | 100,000+hours on human rights training | Human rights training to 99.8% employees | Human rights training to 100% employees | Reported many initiatives |
| HRM policies and practices | SDG | SDGs target | Country | India | ||||
|---|---|---|---|---|---|---|---|---|
| Disclosures | State Bank of India | HDFC Bank | ICICI Bank | Axis Bank | Kotak Mahindra Bank | |||
| SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all | 8.5 | 244,250 | 173,222 | 129,020 | 85,815 | 73,481 | ||
| 73.45 | 77.37 | 67.6 | 75.34 | 73 | ||||
| 26.55 | 22.63 | 32.4 | 24.66 | 27 | ||||
| 78.83 | 90.1 | 83.3 | 85 | 90.7 | ||||
| 21.17 | 9.9 | 16.7 | 15 | 9.3 | ||||
| 133,802 (5096 people with disability) | 197 | 96 | 48 | 12 | ||||
| 8.3 | 85,814 | 30,256 | 46,711 | |||||
| 8.5 | 88.45 | 96.25 | 98.8 | 95 | ||||
| 8.8 | 16.18% | 29.12% | 100% | 100%Trained on H &S, “Visit” app to book | Health and safety training | |||
| SDG 10: Reduce inequality within and among countries | 113 | 68 | 43 | 34 | 56 | |||
| 100% covered | 1,455 | 100% covered | 1,439 | 624 | ||||
| 100% covered | 4,802 | NA (not disclosed) | 2,726 | 1710 | ||||
| Samya: educating emplyees through caselets | Inclusion Day | Pause for Bias initiative and 104 training sessions conducted, Diversity Charter ‘#Comeasyouare, 187 'Pause for Bias' Seminars, a self-Reflection Training Programme | Kotak Wonder Women (KWW) Meet | |||||
| 10.3 | 84 | 91.06 | 98.17 | 100 | 92.68 | |||
| 178,939 | 122,382 | 85,746 | 51.46person hour training for males | 49,941 | ||||
| 64,857 | 35,358 | 40,914 | 63.57person hour training for females | 18,160 | ||||
| Initiative towards environmental sustainability | SDG 13: Take urgent action to combat climate change and its impacts | 13.3 | Cleaning drives: dam cleaning drive, Astitva - Online Quiz on Sustainability, Swachhata Pakhwada' initiatives, oy of Giving Week from 2nd October 2021 to 8th October 2021 | 100,000+hours on human rights training | Human rights training to 99.8% employees | Human rights training to 100% employees | Reported many initiatives | |
| HRM policies and practices | China | ||||
|---|---|---|---|---|---|
| ICBC | China Construction bank | Agricultural Bank of China | Bank of China | China Merchnats Bank | |
| Recruitment and Selection | 427,587 | 352,588 | 452,258 | 306,182 | 112,999 |
| 50.27 | 45.99 | 54.64 | 42.84 | 43.3 | |
| 49.73 | 54.01 | 45.36 | 57.16 | 56.7 | |
| 90.91 | 89.7 | 85.72 | 41 | 78 | |
| 9.09 | 10.3 | 14.28 | 39 | 22 | |
| NR | NR | 8.78% | NR | NR | |
| 22,964 | 1,336 | 24,000 | 11,325 | 10,639 | |
| Rewards and payments | NR | NR | NR | NR | NR |
| Workplace health and safety | Bank provide diverse range of care, including mental health | NR | Regular health checkups and mental health awareness and women’s heath support | NR | NR |
| 1 | NR | NR | NR | NR | |
| NR | NR | NR | NR | NR | |
| NR | NR | NR | NR | NR | |
| NR | NR | NR | NR | NR | |
| Training | 98.92 | 98.3 | 99.1 | NR | NR |
| 98.00% | NR | 98.8 | NR | NR | |
| 99.10% | NR | 99.5 | NR | NR | |
| Initiative towards environmental sustainability | ESG online training to 4,562 employees | 3,363 employees to serve as poverty alleviation officials, of which 195 female employees volunteered to join the poverty alleviation front. I | course brand “Yueshu School” for female employees | Reported many initiatives | Reported many initiatives |
| HRM policies and practices | China | ||||
|---|---|---|---|---|---|
| ICBC | China Construction bank | Agricultural Bank of China | Bank of China | China Merchnats Bank | |
| 427,587 | 352,588 | 452,258 | 306,182 | 112,999 | |
| 50.27 | 45.99 | 54.64 | 42.84 | 43.3 | |
| 49.73 | 54.01 | 45.36 | 57.16 | 56.7 | |
| 90.91 | 89.7 | 85.72 | 41 | 78 | |
| 9.09 | 10.3 | 14.28 | 39 | 22 | |
| NR | NR | 8.78% | NR | NR | |
| 22,964 | 1,336 | 24,000 | 11,325 | 10,639 | |
| NR | NR | NR | NR | NR | |
| Bank provide diverse range of care, including mental health | NR | Regular health checkups and mental health awareness and women’s heath support | NR | NR | |
| 1 | NR | NR | NR | NR | |
| NR | NR | NR | NR | NR | |
| NR | NR | NR | NR | NR | |
| NR | NR | NR | NR | NR | |
| 98.92 | 98.3 | 99.1 | NR | NR | |
| 98.00% | NR | 98.8 | NR | NR | |
| 99.10% | NR | 99.5 | NR | NR | |
| Initiative towards environmental sustainability | ESG online training to 4,562 employees | 3,363 employees to serve as poverty alleviation officials, of which 195 female employees volunteered to join the poverty alleviation front. I | course brand “Yueshu School” for female employees | Reported many initiatives | Reported 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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