YES BANK pursues a strong Employee Value Propositionof ‘Creating & Sharing Value’, with a vision to build an organisation, driven by Professional Entrepreneurship, where all YES BANK’ers truly partner to direct, manage and accelerate the development of YES BANK as the Young and Dynamic Bank of“Emerging India”.

It is this untiring and relentless passion for Professional Entrepreneurship that has resulted in YES BANK being recently ranked as the THIRD Best Bank in India by Businessworld. YES BANK also received the Continuous Innovation in HR Strategy award at The Indiatimes Mindscape Employer Branding Awards 2007.

YES BANK recognizes that the only real source of sustainable competitive advantage for an organization is the power of its High Quality Human Capital. Therefore, we foster a leadership mindset that embraces meritocracy as a vital force to reward performance and exceptional competency. We have also institutionalized various key strategic initiatives including:

• YES Entrepreneur in Action
• YES – Professional Entrepreneurship Program (Y-PEP)
• YES – Retail Entrepreneurship Program (Y-REP)
• YES Mentor
• YES School of Banking
• YES UNIVERSITY and SCHOOL Relations

Our Objectives

• To build a strong employer brand.
• To attain a preferred employer status in the Banking and Financial Services industry.
• To ensure that the Bank is able to attract, engage and retain high quality human capital for its long-term success.

Our Focus

The focus of the Human Capital function at YES BANK is to build a world-class team, based on professional recruitment methodologies, and attract the best talent in the industry.

While our immediate hiring has primarily been lateral, to bring the relevant skills, competencies and experience into the organization, our focus is on building the requisite talent bench strength to support the business plans of the Bank. We are making a concerted effort towards building learning and development solutions that continuously enhance employee value, in line with the growth plans of the Bank.

Our Culture & Processes

Building a high performance culture is another key prerogative of the HR function. We envisage a credible and transparent performance management process that helps in aligning individual goals with corporate objectives, both quantitative and qualitative, and encourages cross sell and team spirit. Our performance management process will be supported by a robust rewards and recognition strategy for each business and a market based compensation structure that is flexible, responsive and helps retention through asset building and wealth creation for top performers. Our Promoters believe that a broad employee ownership of the shares of the company has a positive impact on performance. Therefore, our stock option scheme covers a large cross-section of our employees.

The HR function at YES BANK is working closely with leading international consultants, including Hewitt and Korn Ferry, to operationalize this strategy and ensure that the organizational architecture of the Bank is operational and adequately supports its business plans.