Banco BHD Moves to a Pay-for-Performance Culture with SuccessFactors Solutions
Company: Banco BHD
- Manual 360o employee evaluation process
- Evaluation backlog for Human Resources Department
- Lack of a thorough and inclusive performance feedback system for employees
Banco BHD became the first multi-service bank in the Dominican Republic in the early 1990s, a model that has been adopted by most of the private banks in the country. The company continues to develop its strategy of opening in new markets and expanding into new business, a process that reinforces its customer service channels, expands its network and strengthens its leading position in the Dominican financial market.