A Comparative Study on Hrm Practices in Public and Private Sector Banks in Mayiladuthurai District of Tamil Nadu

Abstract

This research the Human Resource Management practices like performance appraisal and pay structure in public and private banks in Mayiladuthurai District, Tamil Nadu. The study’s statistical analysis of the primary data shows private banks are following aggressive performance-based compensation and flexible assessments. Public banks, in contrast, offer better job security, full benefits, and solid employee support. The study suggests that public banks should review their incentive systems and private banks should focus on work-life balance to reduce staff turnover in an effort to stay competitive.