How National Australia Bank has scaled People Analytics

Running head: HRD POLICY OF NAB
HRD Policy Of NAB
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HRD POLICY OF NAB1
The National Australian Bank is one of the most renowned banks of Australia, which is
also known for its HRD policy. The paper will focus on the HRD policy of the Bank and how the
Bank has employed informal learning.
In the National Australian Bank, there is an extensive training facility that is being
carried out for the growth and development of the employees of the organization. The training
programs which is provided by NAB is formal training. The training programs conducted by the
Bank helps the trainee to determine where they and in their career. There is a fully support in
order to develop the skill and the abilities of the employees which are made for the development
of the programmes, mentoring and much more (Nab.com.au, 2020). There are diverse training
programmes for the graduate students to be a successful agribusiness bankers. Where these
bankers are trained to develop strong relationship with the Australian customers. The Bank has
also provided programs for indigenous Australians as well.
The Bank has also provided several benefits for the employees as well. The company
believes that this creates a big difference in order to help the unique needs and the ambition of
the employees (Nab.com.au, 2020). The first is the banking and the financial service discounts
where the competitive rates and the fees are reduced. The second is the staff club discounts,
which is an exclusive benefit for the organization staff. The health and the wealth being also look
onto along with the reward and the recognition.
Informal learning is more important in terms of the performance of the workers than
formal training (Chao 2014). Learning is mainly done on the automatic by-product of the work,
which is productive. There are new hires in the company which has a steep performance on the
increment of the performance of the employment, and there are also knowledge spill overs that
exist between the colleagues at the workplace, which contributes to the productivity of the