Human Resource Management Strategy

Abstract

The development of human resources, in accordance with the objectives, strategy and implementation of relevant policies of the Bank of Albania aims to create a suitable work environment that serves not only the professional growth of employees, but also the continuous improvement of the administrative processes of each institution. The administration of human resources has recently been focused on the acquisition and continuous implementation of the best practices of human resource management that are applied in similar institutions in the European Union. Pursuing dynamic policies of employment, management and career promotion of staff, for a professional and flexible structural organization, remains a priority of each state. In order to efficiently manage human resources, it is required that each institution adapts the regulatory infrastructure to the best standards, continuously creating promotion opportunities for employees with professional experience, as well as always aiming to motivate employees and increase effectiveness at work. . Through the policies for increasing professional motivation, it is aimed to preserve the sustainability and continuity of the staff, considered as one of the main challenges faced by central banks today. Received: 2 June 2024 / Accepted: 25 July 2024 / Published: 29 July 2024