Planning of the Human Resources in the Jordanian Banks by using Markov Models
Dr.Laith Abdallah Alqheiwi
Citation : Dr.Laith Abdallah Alqheiwi, Planning of the Human Resources in the Jordanian Banks by using Markov Models International Journal of Managerial Studies and Research 2016 , 4(7) : 28-35
This study aims to explain the Markov Models and its application in order to analyze the movement of the HR in the Jordanian Banks. To achieve the objectives, the study is depend on the secondary data related to Human Resources selected from the annual reports of the Jordanian Banks (Arab Bank, Housing Bank, and Jordan Bank) for year (2014). The study reached at a number of results, which are the estimation of the transition probabilities, refers to the highest retention percentage was in favor of the Arab Bank, followed by Housing Bank, and finally followed by the Jordan Bank, also the estimation of the transition probabilities, refers to the lowest loss was in favor of the Arab Bank, for Housing Bank and Jordan Bank. Upon the foregoing results, the study reached to a number of conclusions.