HR Strategy
In order for Kaupthing Bank to continue its steady growth, it is essential that it retains key employees and provides an attractive opportunity for new personnel.
Kaupthing Bank’s recruitment strategy is based on attracting highly qualified candidates through employee networks, selective head-hunting, advertisements and a high-profile presence at universities. The Bank seeks to attract the most qualified personnel and retaining them by creating a superior work environment and attending to their needs.
In order to create trust and added customer value, great emphasis is placed on maintaining employees’ knowledge and skills through training, development and informative feedback. To ensure success for the Bank as a unit, employees are encouraged to engage in synergetic teamwork and every effort is made to facilitate communication and flow of information. Employee initiative and responsibility are promoted through challenging assignments where rewards are determined by results.
| # | Human Resource Strategy in Twelve points |
|---|---|
| 1 | Sustain an environment that supports a balance between work and life. |
| 2 | Provide staff with necessary information. |
| 3 | Provide new employees with appropriate training from the outset. |
| 4 | Maintain a spirit of ambition, efficient decision-making, flexibility and quick responses to changes. |
| 5 | Ensure maximum employee success – empower, provide the opportunity to show initiative and authorise independent initiative. |
| 6 | Ensure equal opportunities, with regard to employment, work facilities, assignments, training, job development and wages. |
| 7 | Encourage employees to maintain professional skills and give them the opportunity to develop and grow. |
| 8 | Create a strong international team. |
| 9 | Attract qualified personnel by creating a motivated workplace. |
| 10 | Always hire the best candidate for a vacancy. |
| 11 | Align the interests of employees with the interests of the organisation. |
| 12 | Retain competent employees by creating a superior workplace. |