Coverage Area: Recruitment & Selection, Training & Development, Performance Appraisal and Compensation Management
Coverage Area: Recruitment & Selection, Training & Development, Performance Appraisal and Compensation Management
Coverage Area: Recruitment & Selection, Training & Development, Performance Appraisal and Compensation Management
Letter of Transmittal
To
Dear Sir,
With due respect, I hereby submit my internship report on “HRM Practices of Control
Union Bangladesh” . This report has been prepared by the knowledge I gained during
my studies on MBA- Majoring Human Resource Management as well as from the staff
policy of Control Union Bangladesh which I managed during my internship over there.
I am thankful to all those persons who helped me a lot providing related information
and gave their suggestion. I tried my level best to complete the report correctly. I will
be obliged if go through the report and I will try to answer you on your questions. If
any assistance is needed to interpret the report, please feel free to contact with me.
Sincerely Yours
ID: 172-12-143
SUPERVISORS CERTIFICATE
_________________
ACKNOWLEDGEMENT
First, I would like to thank almighty Allah for giving me the strength and
determination to make it possible for me to complete my work and perform
necessary research for finalizing the report within the timeframe. In this
procedure, I would like to mention some people with due respect and honor who
assisted me. Hence, I would like to thank them all from the core of my hearts.
Managing Director
SM Zaman
Abstract
Control union is one of the renewed certification body established in
Netherlands in 1920. It has started its operation in Bangladesh on 2007
and it was operated form India. Later, 2011 it has established its own
office in Bangladesh. I have done my internship in Control Union
Bangladesh covering the area of “Human Resources Management
Practice of Control Union Bangladesh.”
Contents
Overview of the Company: Control Union .............................................................................. 1
Chapter: 01 ................................................................................................................................................... 4
Introduction .................................................................................................................................................. 4
Introduction of the Report ........................................................................................................................ 5
Background of the Report ......................................................................................................................... 5
Objectives of the Report ........................................................................................................................... 5
Scope of the Study .................................................................................................................................... 5
Methodology............................................................................................................................................. 5
Limitations ................................................................................................................................................ 5
Chapter: 02 ................................................................................................................................................... 7
Introduction to Human Resource Management ......................................................................................... 7
Introduction to Human Resource Management ....................................................................................... 8
Objectives of Human Resource Management .......................................................................................... 8
8 Golden Ideologies of Human Resources ................................................................................................ 8
Human Resource Management -; Key Responsibilities ............................................................................ 9
The Changing Field of HRM ..................................................................................................................... 11
Functions of HRM.................................................................................................................................... 11
Activities of Human Resource ................................................................................................................. 12
Chapter: 03 ................................................................................................................................................. 13
Recruitment & Selection ............................................................................................................................ 13
Recruitment and Selection Process ........................................................................................................ 14
Factors Effecting Recruitment and Selection Process ............................................................................ 14
Planning and Forecasting ........................................................................................................................ 15
Internal Sources of Candidates ............................................................................................................... 15
External Sources of Candidates .............................................................................................................. 16
Steps Involved in Recruitment and Selection Process in HRM ............................................................... 16
Recruitment and Selection Procedures of Control Union ...................................................................... 20
Recruitment & Selection Procedure of Control Union ........................................................................... 22
Chapter: 04 ................................................................................................................................................. 23
Training & Development ............................................................................................................................ 23
Training and Development - A Key HR Function ..................................................................................... 24
Systems Assessment of Training - Steps in a Training Program ............................................................. 24
HISTORY
Established in 1920 as a family owned inspection company for grain that
was traded and transported on the rivers and canals of the Netherlands,
Peterson has since grown to develop the native, worldwide expert for
jeopardy management and logistic solutions.
international oil and gas marketplace into their services. Peterson has
provided combined logistics services to the world’s top players in the oil
and gas survey and manufacturing industry since 1968, delivering cost-
effective and advanced supply chain resolutions that meet the maximum
probable standards of security to man and the environment.
VALUES
As global market leaders, Peterson and Control Union are proud of their
reputation as trusted experts. This reputation is supported by their core
values of honesty, integrity and respect for people, society and
environment. They firmly believe in the fundamental importance of
trust, openness, teamwork and professionalism among their employees,
and a pride in what they do.
GLOBAL PRESENCE
One of Peterson and Control Union's utmost resources is their network of
connected offices in more than 70 countries around the world. With
enlarged knowledge, a firm set of values and sustainable facilities, they
have grown from their preliminary operations in the Netherlands and
spread out throughout world.
SUSTAINABILITY
In today’s marketplace, sustainability has become fundamental in
business. Peterson and Control Union have developed an internal
program, called Dare to Care, to improve their sustainability
performance.
Chapter: 01
Introduction
I have finished my internship report on “Human Resource Management Practices of Control Union
Bangladesh” under the supervision of Mr. Gourango Chandra Debnath, Assistant Professor and Head,
Department of Business Administration, Daffodil International University. He suggested me time to time
how to finalize the report.
Methodology
Methodology means how this research has been done, what is basis of the information. To complete this
report, I have collected two types of data:
Primary data: In this stage, I have done several interviews with the employees of Control Union
Bangladesh to have accurate and authentic data.
Secondary data: To get secondary data, I have gone through the staff policy of Control Union
Bangladesh, books, articles and internet and my knowledge which I have learned during my study of
MBA.
Limitations
It was not that much easy task for me to get all the related information as this is a global company and
they have many code of conduct about the disclosure issue of any documents. I had to convince them I
will not disclose any such information which will go against company’s procedure.
Chapter: 02
Introduction to Human Resource Management
HR is tied in with handling workers from enlistment to leaving. It incorporates labor arranging, choice,
preparing and improvement, position, wage and compensation organization, advancement, exchange,
partition, execution check, complaint taking care of, wellbeing organization, work assessment and legality
rating, and post-employment review. Decisively, it manages arranging, sorting out, staffing, coordinating,
and regulatory of individuals.
Beforehand, it was the mechanism behind the man that tallied. Today, persons are the honest capacity to
drive relations forward. Machines just aid individuals.
Attitude is the key to worker engagement and success. From this time forward, HR pioneer’s need
accentuate demeanor as opposed to understanding. It is smarter to enlist another activity searcher with
high disposition and no experience than one with a spoiled frame of mind and long stretches of learning.
On the off chance that workers have a decent mentality, they will have the capacity retain the learning,
abilities and aptitudes that are basic to play out their errands adequately in the workplace.
The facts demonstrate that together demeanor and knowledge remain basic to enhance the confident main
concern. On the off chance that HR pioneers discover it stands difficult to grow both, they must to pick
disposition over vision as it achieves hierarchical purposes and targets.
HR developers must be moderate in enlisting the accurate ability for their associations. They should
exploration for the correct outlook, range of abilities, and instrument set in employment searchers amid
enrollment. On the off chance that they locate that rotten ones entered their wreck, they should be
disqualified rapidly to cover further damage to their associations.
Individuals currently want to effort in level associations as opposed to tall ones. Tall associations
frequently have chains of importance with a bureaucratic attitude that doesn't work in the present setting.
Gen Yers are upbeat to work with accomplices instead of through managers. Along these lines, shed
intricacy and marry straightforwardness to accomplish authoritative greatness and adequacy.
By and by, there is an impression all-inclusive that HR pioneers are the best and ruler producers. They
can't move toward becoming lords and rulers. They are seen as individuals who progress toward
becoming stepping stools for others to move to higher positions. It is because of the jobs and obligations
they attempt. HR pioneers are experts of their exchanges, not jacks of different exchanges.
Mahatma Gandhi once commented, "The most ideal approach to end up is to lose yourself in the
administration of others." HR pioneers must serve individuals with delight with no weight. They should
progress toward becoming torchbearers of human capital then learning. They should learn, unlearn, and
relearn toward remain important.
Lately, be that as it may, eyewitnesses have referred to a chosen incline toward crucial reassessments of
HR structures and positions. "A course of changing business conditions, changing authoritative structures,
and changing administration has been constraining human asset divisions to adjust their points of view on
their job and capacity medium-term," composed John Johnston in Business Quarterly. "Beforehand,
organizations organized themselves on an incorporated and compartmentalized premise; head office,
advertising, producing, shipping, and so on. They currently try to decentralize and to coordinate their
activities, creating cross-utilitarian teams'¦.
Human asset the executives is concerned about the development of the two people and the association in
which they work. HRM, by then, is secured not simply in tying down and developing the capacities of
individual pros, yet what’s more in realizing programs that update correspondence and cooperation in the
midst of those different workers to support progressive enhancement.
1. Job analysis consists of determining-; job analysis is the cornerstone of HRM practice
because it provides valid information about jobs that is used to hire and promote people,
establish wages, determine training needs, and make other important HRM decisions
2. Work activities. First, he or she gathers data about the job’s real effort actions, such as
housework, marketing, training or canvas. This list may also comprise how, why and when
the employee does each movement.
3. Human behaviors. The expert may also gather data around human performance the job
needs, similar knowing, collaborating, determining and writing. Involved here would be
information concerning work demand such as lifting masses or walking long distance.
4. Machine, tools, equipment and work aids. This contains information regarding tools used,
resources processed, knowledge distributed with or applied.
5. Performance standard. The employer may also want information about the job’s
performance standard. Management will use these standards to appraise employees.
7. Job Context. Included here is data about such issues as physical working conditions, work
plan and the hierarchical and social setting. Data with respect to motivations may likewise be
incorporated here.
8. Human requirements. This incorporates data with respect to the activity’s human
prerequisites, for example, work related information or aptitudes and required individual
qualities.
Function Responsibilities
Analysis and design of work Work analysis, job design, job descriptions
Recruitment and selection Recruiting, job postings, interviewing, testing,
coordinating use of temporary labor.
Training and development Orientation, skills training, career development
programs.
Performance management Performance measures, preparation and
administration of performance appraisals,
discipline.
Compensations and benefits Wages and salary administration, incentive pay,
insurance, vacation leave administration,
retirement plans, profit sharing, stocks plan.
Employee relations Attitude surveys, labor relations, employee
Changes in progressive building have in like manner influenced the differing embodiment of human
resource the board. Continued with breaking down in gathering organizations in the United States and
diverse nations, joint with the climb in organization plots in those countries, have changed the workplace,
as has the decrease in affiliation depiction in numerous ventures. Besides, definitive strategies for
knowledge have encountered change. Various associations have dismissed or adjusted their customary,
dynamic progressive structures for compliment the board structures. HRM pros observe that this move in
obligation conveyed with it a need to reassess sets of desires, examination systems and diverse parts of
work drive the board.
A third change factor has been rushing marketplace globalization. This wonder has served to build
competition for the two patrons and occupations. The last advancement authorized a few organizations to
request advanced exhibitions from their representatives while land the line on remuneration.
Functions of HRM
Functions of HRM are given below
• Selection and staffing
• Employee assistance
• Organization development
• Compensation/Benefits
• Job description
• Job analysis
• Job training
• Leadership
• Performance
Chapter: 03
Recruitment & Selection
Recruitment is a positive process of searching for prospective employees and stimulating them to apply
for the jobs in the organization. In other words, recruitment stands for discovering the source from where
potential employees will be selected. The scientific recruitment leads to greater productivity, better
wages, higher morale, reduction in labor turnover and better reputation of the concern.
This is the screening step of staffing in which the solicited applications are screened out and suitable
candidates are appointed as per the requirements. The main aim of this is choosing right type of
candidates to fill in various positions in the organization. A well-planned selection process helps to
determine whether a candidate is suitable for employment in the organization or not.
1. Lawful Deliberations
Human Resource Management is affected by the court selections, authorized requests and performing.
The management of the association should exploit the lawfully careful choice apparatuses in the choice
process.
The enrollment and excellent process are specifically affected by the available time to settle on the choice
of resolve. As a rule, cases the determination procedure is lagged by the predetermined strategies and
systems to shield the association from permitted matters.
3. Structural Hierarchy
Enrollment and choice process shifts as indicated by the filling posts of various dimensions of pecking
order in the hierarchical structure.
4. Candidates Pool
The enlistment and determination process are additionally exaggerated by the number of candidates for a
vocation. If there should be an amount of many capable candidates for a post, the choice procedure ends
up. For this cause, determination quantity is learned by conflicting the amount of chose candidates with
the number of applicants in a pool.
5. Categorize of Association
The sort of the overtone like government association, private or non-benefit association and consequently
scheduled., likewise influences the excellent way for the obtaining people.
6. Provisional Period
Certain association receives the methodology of trial period in the determination procedure to check the
capability of the individual dependent on his implementation. This might seem as either legality mind the
choice procedure or as an auxiliary of an insufficient phases of the choice technique.
7. Assortment Standards
In most of the belongings the candidates are nominated based on subsequent features or principle.
• Teaching
• Capability
• Knowledge
• Skills & Aptitudes
• Individual Characteristics
In mode the candidate that finest convulsions the above rule is chosen instead of the one that has
phenomenal aptitudes or ended and additionally under qualified claiming in such circumstance the future
chosen individual would not legitimately alter in the association.
4. Succession Planning: Enlisting from inside is especially vital when it includes filling the
business top position. Filling them inside requires progression arranging – the continuous
procedure of methodically distinguishing, evaluating and creating authoritative initiative to
upgrade execution.
For the most part, the Selection and the Recruitment Procedure begins with the underlying showing of
candidates, so the inadequate ones are drop out at the underlying step. Starting screening is useful to spare
the time, fee and exertion of the choice council in the accompanying strides of the choice procedure. In
this progression positive regular inquiries are questioned from the candidates.
The fundamental wellspring of introductory screening is the educational modules vitae of the candidate
alongside the activity request. Resulting data is incorporated into the previously stated records.
At the point when the essential screening stage end up effective, the ejecting applicants wear not remain
to the following phase of the resolve process since they don't meet the base requirements. Besides the
choice expenses of the association are tremendously diminished through legitimate screening of the
entrants.
2. Application Blank
The application for work is properly documented in the state of utilization clear. In the following stage of
the choice procedure, a submission frame for the business is finished by the planned candidate. The data
controlled in the application clear contrast starting with one association then onto the next association and
in occupation posts, it might shift even inside a similar association.
3. Pre-employment Test
The corporal and mental capacities, learning, abilities, individual qualities and different parts of
performance can be excellently estimated through the pre-work examinations. For this reason, there are
several tests that can gauge the diverse parts of human conduct. With the development of time, the use of
pre-business test is emerging at a quick rate in the choice procedure since they can simplify the features
and aptitudes of candidate obviously. These tests are progressively utilized in the
• Adjustment
• Objectivity
• Rules
• Consistency
• Validity
As people shifts dependent on psychological abilities, work information, professional benefits, psycho-
engine capacities and individuality and so forth. In this way, every one of these variables are estimated
through a lot of numerous pre-work tests which are as pursue.
In this examination the capacity to acquire and play out an occupation by an individual is judged. The
capacities identified with employment are as pursue.
• Oral
• Perceptive
• Numerical
• Perceptual Swiftness
• Three-dimensional
In this test, the organization, quality and expertise of a separate is judged. Different dimensions
recognized with repetitive workplace professions and formation employments can likewise be estimated
through these exams.
This assessment is utilized to gauge the learning of the individual nearby the obligations of a vocation.
A lot of assignments that speak to a vocation are distinguished in this assessment over which the
efficiency equal, capacity to confront unfriendly circumstances by the candidates are refereed.
This assessment distinguishes the professions that are favored by the competitor and that can give him
most extreme fulfillment.
Behavior Tests
These examinations not viewed as so solid and substantial when contrasted with other pre-business tests
claiming this test need outer clinician who translates the aftereffects of the trials emotionally.
For the safety, efficiency and wellbeing of the working environment tranquilize tough plans are utilized as
pre-business tests.
4. Work Interviews
In the meeting, the questioner and candidate trade data to complete an impartial over discussion. The
exertion interviews are led among the determination process through genuine positioning. An occupation
outline must be readied dependent on established of working responsibilities previously directing
meeting.
Even though the substance of the work meet fluctuates starting with one association then onto the next
and likewise as per the idea of employment yet at the same time subsequent are the fundamental
substance of the meeting.
• Working Experience
• Theoretical Achievement
• Personal Skills
• Individual Talents
• Organizational Acceptable
Types of Interviews
The interviews are usually characterized into the following three types.
A. Unstructured Interview
In unstructured meetings exposed finished inquiries are requested from the candidate to make testing. It is
by and large non-order in flora and candidate is urged to stretch long responses.
B. Structured Interview
In organized meeting, a rundown of employment connected inquiries related to work are asked since
every candidate in a predictable way. It is mandate or designed in landscape and incorporates the
accompanying four sorts of inquiries.
• Situational Enquiries
• Occupation Knowledge Questions
• Job-sample reproduction Queries
• Operative Prerequisite Questions
C. Assorted Interview
It is a unique sort of organized meeting in which exceptionally planned inquiries are enquired from the
candidate to test his earlier conduct in explicit circumstances. It does exclude the self-evaluative and
speculative inquiries and restrains to pass judgment on the identity of the candidate. The hopefuls are
evaluated dependent on their reactions in the bright of the seat checked response of fruitful workers.
The exactness of the submission type of the hopeful is confirmed through positions and former business.
The informative, illegal record and legitimate grade to work are confirmed. Specific situations of
applicant are reached to support the legitimacy and precision of the gave information.
After experiencing all the past steps of choice procedure, there originates the most essential advance of
the choice procedure in which the choice of procuring is made. The applicant that greatest meets the
necessities of the activity is chosen. At begin restrictive profession dispatch is issued which must be
trailed by medicinal test.
7. Medical Exam
At the point when the obstructive activity message is delivered the consequent step of the determination
technique begins in which the physical/therapeutic inspection of the chose hopeful is led.
In the wake of passing the restorative test by the hopeful, the former proposal for the activity is completed
to the competitor by the comparative office.
1. Improper clarification of company vision: Organizational staffing is based on the concept that
the company will select and train new employees to perform specific functions within the
business.
2. Imperfect staff: Organizational staffing sometimes selects some people who aren’t perfect for
the company. In this case the original goals and vision of the company may not be achieved
because the employees have the lacking in the practical talents, abilities and philosophies.
3. Lack of exactness: It is based on the idea that the company should hire employees who fit the
vision of the company. However, it is notoriously difficult to define in concrete terms exactly
what a “good fit” is.
• Staffing proposal
• Gathering of resume
• Assortment of resume
• Interview
• Completion of employment
Control Union Bangladesh manners two types of enlistment inside enrollment and outside enrollment. At
the point when a position is made, CU first endeavors to top off the position inside. Is there is no
appropriate competitors inside found than the association goes for outer enlistment. CU utilizes both inner
and outer sources. The decision of spring to some degree relies upon the work level as well as area of the
position/work. For instance, for greater administration situations representative transfer are utilized
broadly.
Employment Agreement
If the organogram/work masterminding is embraced by the Managing Director or his roled out, by at that
time the selection since the G1 to G5 should not require support other than the enlistment panel people. It
is the commitments of the Head of Department (HOD) to style their very own organogram and work
orchestrating in the start of the economic year and make it supported from Managing Director or his
allocated in meeting with HR.
Selection Process
Control Union has an extensive diversity of assessment techniques in the assurance methodology. CU at
first chooses the implies that ought to be associated in the decision method. Execution of these methods
requires creation of an assurance progression, which is a precise stream of persons through the periods of
candidate, contenders, qualifier, and proposal recipient. Rules with respect to specialist examination of
CU Bangladesh are according to the accompanying:
Agreement of Staffing:
• Completion of applicant by the last assessment board.
• Head of human resource solution up the remuneration rating of the nominated applicants based on
their expert qualification & knowledge in related arenas.
Even though the association isn't vast, its enlistment arrangement ideal for these circumstances. In any
case, the organization builds step by step. Furthermore, they are attempting to build up their HR
Department. The organization initiates worker by paper publicizing and at some points Internship
understudy and furthermore through site application. Here I might want to propose that now they ought to
likewise utilize.
Step 2: Curriculum vitae/ resume Gathering: By announcement (Printing or Web), Exposed Source, Inner
Recruitment, and collect from the present market.
Chapter: 04
Training & Development
By and large, the expressions “preparing” and “improvement” are utilized as if they are synonymous.
There are contrasts in the unique circumstances and strategies of worker preparing and advancement.
Preparing is the demonstration of expanding the learning and aptitudes of a worker for carrying out a
responsibility. It impacts explicit aptitudes for explicit purposes. It is primarily work situated. Conversely,
advance incorporates the methods by which chiefs and authorities acquire not just aptitudes and capacity
in their present employments yet in addition capacities for future administrative posts.
The elementary procedure as illustrated in the figure below contains of four stages which are
assessment, development, delivery and evaluation.
• Firstly, needs analysis step – identification of precise data and skill the job requirements and
compare these with the possible trainee’s knowledge and skills.
• Then, instructional design stage – frame selection, quantifiable knowledge and routine training
objectives, analysis possible training program content and estimation of budget for the training
program.
• The third step is to implement the program, by training the targeted staff group using approaches
such as on-the-job or online training.
1. At the start of training, provide a bird’s eye view of material that a person going to present.
2. Use a variety of familiar examples.
3. Organize the information, so that can present logically and in meaningful units.
4. Use terms and concepts that are already familiar to trainees.
5. Maximize the similarity between the training situation and the work situation.
6. Provide adequate practice.
7. Label or identify each feature of the machine and or step in the process.
8. Direct the trainee’s attention to important aspects.
9. Trainees learn best when the trainers immediately reinforce correct responses, perhaps with a
quick “well done”
10. The schedule is important. The learning curves goes down late in the day, so that full day training
is not an effective as the half day or three-fourths of the day.
Analyzing current employees training needs is more complex since the added task of deciding whether
training is the solution.
Task Analysis
Task analysis is a detailed study of the job to determine what specific skills – like java or interviewing the
job requires. Job descriptions and job specifications are important here. These list the job’s specific duties
and skills which are basic reference points in determining the training required.
Competency Models
Many employers develop competency models for jobs. The competency models consolidate, usually in
one diagram, a precise overview of the competencies someone would need to do a job well.
Performance Analysis
Performance evaluation is the procedure of confirming that there is a performance shortage and defining
whether the employer should rectify such deficiencies through training or some additional means. There
are numerous ways to recognize how a current staff is doing. These include reviewing:
• Job evaluations.
• Attitude reviews.
Armed with the outcomes of the needs assessment, the employer or manager can design the training
program. Requests for training often start with line managers presenting problems or concerns, such as
“we are getting too many complaints from call center callers”. Training, development or instructional
objective then specify in measurable terms what the trainee should be able to accomplish after
successfully completing the training program.
Comparison Chart
BASIS FOR
TRAINING DEVELOPMENT
COMPARISON
• Determination of training needs: The management should agree the training requirements of
employees and then select a process of training that is most operative.
• Relevance to job requirements: Training programs must be correlated to the necessities of the
job for which they are planned.
• Allowance for individual differences: There are variation in capability, learning capacity and
curiosity of trainers so the organization should deliberate these factors while designing the
training package.
• Training program should be result oriented: Organization should sidestep “training for the
sake of training” and show better interest in the welfares of training scheme.
• Suitable incentives: There should be encouragements to the trainers to make them take training
plan seriously.
• Management support: Top management should take interest in and care the training programs.
Assistants cannot be projected to take the training program seriously if the supervisors themselves
are not serious near them.
Phase 4:
Evaluation
Phase 3:
• Reactions
Implementation • Learning
Phase 2: • Behavior
• On-the-job transfer
Design methods • Results
• Off-the-job
Phase 1: • Instructional methods
objectives • Management
Needs Assessment
• Trainee development
• Organization readiness
analysis • Learning
• Task analysis principles
• Person analysis
graduate and spend several months in each department, learning the departments business by
doing it.
2. Coaching/ Understudy Approach: Here the trainee works directly with a senior manager or
with the person he or she is to replace; the latter is responsible for the trainee’s coaching.
3. Action Learning: Action learning programs give managers and others released time to work
analyzing and solving problems in departments other than their owns.
In house preparing implies when the preparation masterminds in the workplace grounds for the
representatives. These kinds of preparing kept running by the mentor from Control Union Bangladesh.
Organization often enlists those coaches on an authoritative premise.
External Training:
It defines as the plans which are decided by diverse local training organizations based on the TNA,
Control Union recommends personnel for the training programs. Control Union is a very interested to
grow their employees by giving lots of training. As a goal the establishment Control Union’s expenditure
massive amount of money to develop the staffs to make them perfect for the upcoming.
Chapter: 05
Performance Appraisal
Performance Appraisal
“It is a systematic evaluation of an individual with respect to performance on the job and individual’s
potential for development.”
“It is formal, structured system of measuring, evaluating job related behaviors and outcomes to discover
reasons of performance and how to perform effectively in future so that employee, organization and
society all benefits.”
Define the work and staffs Interpret job necessities into Describe the job-related
prerequisite of a job. levels of acceptable or assets and weaknesses of
unacceptable presentation every person.
• First from a pragmatic perspective, most managers still base pay and limited time choices on the
representatives’ examination.
• Second, the evaluation gives the supervisor and subordinate a chance to build up and arrangement
for remedying any inadequacies and fortify the things the subordinate does right.
• Third, the appraisal should fill a helpful profession arranging need. They give a chance to
reestablish the worker’s vocation designs thinking about his or her showed qualities and
shortcoming.
• Forth, appraisals assume an indispensable job in the business execution the board procedure.
Execution the board is the consistent procedure of distinguishing, estimating and building up the
execution of people and groups and adjusting their execution to the hierarchical objectives.
1. Promotion: Execution Appraisal makes the boss chalk out the progression programs for gainful
specialists. In such way, inefficient workers can be removed or minimized if.
2. Compensation: Execution Appraisal helps in chalking out pay packs for laborers. Authenticity
rating is possible through execution examination. Execution appraisal tries to offer worth to an
execution. Compensation groups which consolidates remunerate, high pay rates, extra
assessment. The criteria should be legitimize rather than position.
3. Employees Development: The proficient strategy for execution examination makes the
supervisors layout planning methodologies and designers. It analyzes characteristics and
deficiencies of laborers with the objective that new occupations can be proposed for capable
delegates. It is like manner helps in encompassing future enhancement programs.
4. Selection Validation: Execution Appraisal makes the executives understand the legitimacy and
significance of the choice methodology. The regulators come to know the legitimacy and in this
manner the qualities and shortcomings of choice system. Future changes in choice frameworks
can be made in such way.
5. Communication: For an association, viable correspondence among workers and businesses is
essential. Through execution evaluation, correspondence can be looked for in the accompanying
ways:
a. Through execution examination, the businesses can comprehend and acknowledge
abilities of subordinates.
b. The subordinates can likewise comprehend and make a trust and trust in bosses.
c. It likewise helps in keeping up welcoming and friendly work the executive’s relationship.
d. It builds up the soul of work and lifts the resolve of representatives. All the above factors
ensure effective communication.
6. Motivation: Execution examination fills in as a motivation contraption. Through evaluating
execution of specialists, a man's efficiency can be settled if the goals are cultivated. This to a
great degree well moves a man for better occupation and urges him to upgrade his execution later.
1) Unclear Standards: This graphic rating scale seems objective. However, it would probably
result in unfair appraisals, because the traits and degrees of merit are ambiguous. For example,
different supervisors might define “good” performance, “fair” performance and so on differently.
The same is true of traits such as “quality of work” or “creativity.”
The best way to fix this problem is to include descriptive phrases that define or illustrate each trait. This
specially results in more consistent and more easily explained appraisals.
2) Halo Effect: Experts define halo effect as “the influence of a rater’s general impression on
ratings of specific ratee qualities.” For example, supervisors often rate unfriendly employees
lower on all traits, rather than just on “gets along well with others.” Being aware of this problem
is a step toward avoiding it. Supervisory training can also alleviate the problem, as can using
BARS (on which, recall, the performance dimensions are usually quite independent of each
other).
3) Central Tendency: Some supervisors stick to the middle when filling in rating scales. For
example, if the rating scale ranges from 1 to 7, they tend to avoid the highs (6 and 7) and lows (1
and 2) and rate most of their people between 3 and 5. Central tendency means rating all
employees average. Ranking employees instead of using graphic rating scales can reduce this
problem since ranking means they can’t rate them all average.
4) Leniency or Strictness: Other supervisors tend to rate all their subordinates consistently high or
low, just as some instructions are notoriously high or low graders. This strictness/ leniency
problem is especially severe with graphic rating scales. On the other hand, ranking forces
supervisors to distinguish between high and low performance.
5) Recency Effects: The recency effect means letting what the employee has done recently blind to
what his or her performance has been over the year. The main solution is to accumulate critical
incidents all year long.
6) Bias: The number of things that can lead to bias during appraisals is limitless. One study focused
on the rater’s personality. Good relationship tends to create good experiences, bad relationships
had ones.
Unfortunately, the appraises personal characteristics (such as age, race and sex), also affect their ratings.
2) Checklist: Below this method, schedule of articulations of attributes of worker as Yes or No based
investigations is organized. Here the rater just does the revealing or inspection, and HR division
does the real assessment. Focal points – economy, ease of company, forced preparing required,
institutionalization. Inconveniences – Raters inclinations, utilization of inappropriate considers by
HR, does not permit rater to give comparative appraisals.
3) Forced Choice Technique: The planning of articulations planned in the squares of minimum two
are given and the rater shows which clarification is valid or invalid. The rater is bound to settle on
a conclusion. HR division does sincere appraisal. Preferences – Absence of individual dispositions
due to inhibited decision. Detriments – Reports might be imperfectly surrounded.
4) Forced Distribution Technique: Here representatives are grouped about a high point on a rating
scale. Rater is constrained to convey the workers on all focuses on the scale. It is accepted that the
execution is fit in with typical dissemination. Focal points – Eliminates Disadvantages –
Assumption of ordinary dissemination, impossible, blunders of focal inclination.
5) Critical Occurrences Process: The policy is adjusted about certain basic performs of
representative that has a significant effect in the execution. Managers as and when they happen
record such episodes. Focal points – Evaluations depend on genuine occupation practices,
appraisals are upheld by portrayals, criticism is simple, diminishes recency predispositions, odds
of subordinate enhancement are high. Disservices – Negative occurrences can be organized,
overlooking episodes, excessively close supervision; input might be excessively and may seem, by
all accounts, to be discipline.
8) Performance Tests & Remarks: This depends on the trial of information or aptitudes. The tests
might be composed or a genuine introduction of abilities. Tests must be solid and approved to be
valuable. Preferred standpoint – Tests might be able to gauge potential more than genuine
execution. Hindrances – Tests may endure if expenses of test improvement or organization are
high.
9) Private Records: For the most part used by government offices, anyway its application in
industry isn't discounted. Here the report is given as Annual Confidentiality Report (ACR) and
may record appraisals as for following things; participation, self-articulation, collaboration,
administration, activity, specialized capacity, thinking capacity, inventiveness and cleverness and
so forth. The outline is remarkably unseen and classified. Input to the evaluates is given just in the
affair of an antagonistic section. Hindrance is that it is exceedingly emotional, and appraisals can
be controlled claiming the valuations are connected to HR actions like improvements and so forth.
10) Essay Technique: In this policy the rater histories the worker depiction in detail inside a few
general classes like, by and large imprint of execution, promotability of representative, existing
capacities and capabilities of performing occupations, qualities and shortcomings and preparing
needs of the representative
11) Cost Accounting Technique: Here execution is evaluated from the fiscal revenues compliments
his or her association. Cost to keep representative, and advantage the organization infers is
discovered. Consequently, it is increasingly reliant upon expense and advantage investigation.
12) Comparative Assessment Technique (Ranking & Paired Assessments): These are
accumulation of various techniques that contrast execution and that of other colleagues. The
standard systems utilized might rank strategies and matched correlation strategy.
13) Ranking Systems: Predominant positions his laborer dependent on rightfulness, from best to most
exceedingly terrible. Anyway, how best and why best isn't clarified in this technique.
14) Management by Objectives: It means management by objectives and the performance is rated
against the achievement of objectives stated by the management. MBO procedure drives as under.
15) Psychological Appraisals: These assessments are progressively synchronized to review worker's
possible for future execution instead of the prior one. It is done as inside and out meetings, mental
tests, and exchange with directors and survey of diverse assessments.
16) Assessment Centers: This system was first created in USA and UK in 1943. An appraisal
emphasis is a crucial area where supervisors may meet up to have their investment in occupation
connected doings assessed via prepared spectators.
17) 360-Degree Feedback: Employers generally use the feedback for development rather than for pay
increases. Most 360-degree feedback systems contain several common features. Appropriate
parties- peers, supervisors, subordinates and customers for instance- complete surveys on an
individual.
Date: ___________________________
4= demonstrates excellence on a regular basis, goes above and beyond to achieve goal
SUPERVISOR COMMENTS:
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
______________________________________________________________
EMPLOYEE COMMENTS:
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
___________________________________________________________________
_____________________________________________________________
Promotion
A promotion occurs when an employee is moved from a job to another position that is higher in pay,
responsibility and/or organizational level. Generally, it is given as a recognition of a person’s past
performance and future promise. However, with downsizing and the resulting flatter organization, there
are fewer levels to which one can be promoted, prompting some to argue that supervisor have to be more
open minded about job hunting by subordinates. Promotions usually are based on merit and/ or seniority.
At Control Union, advancements imply the administration's pledge to perceive and remunerate superb
execution. It inspires representatives strive for headway openings inside the Company. It additionally
adds to worker fulfillment and maintenance. Worker advancement is made by inspecting all components
important to decide the best capabilities and capacities to fill the position.
Chapter: 06
Compensation Management
Compensation Management
It can be said that compensation is the “glue” that binds the employee and the employer together and
in the organized sector, this is additionally classified as an agreement or a commonly restricting
authoritative archive that explains precisely what amount ought to be paid to the representative and the
parts of the pay bundle. Since, this article is proposed to be a prologue to remuneration the executives, the
workmanship and art of landing at the correct pay has a significant effect between a fulfilled
representative and a disappointed worker.
As the module advances, peruses would be acquainted with different parts of remuneration the board like
the segments of pay the board, kinds of pay, consideration of variable pay, the utilization of Employee
Stock Options and so forth. The part of how skewed pay the board prompts higher steady loss is
examined too. This perspective is essential as studies have demonstrated that the greater part of the
workers who quit organizations give lacking or skewed pay as the explanation behind their exit.
Hence, compensation management is something that companies must take seriously if they are to
achieve a competitive advantage in the market for talent.
Taking into account that the flow incline in numerous segments (especially the information serious areas
like IT and Services) is to regard the representatives as "makers and drivers of significant worth" as
opposed to one more factor of generation, organizations around the globe are giving careful consideration
to the amount they pay, the sort of segments that this compensation incorporates and whether they are
putting forth focused pay to pull in the best ability. In closing this article, it is appropriate to investigate
what Jack Welch needed to state in such manner: As the statement (referenced toward the start of this
article) says, if the correct remuneration alongside the correct sort of chances are made accessible to
individuals by the organizations in which they work, at that point work turns into a delight and the
administrator's assignment made less complex prompting all round advantages for the worker and in
addition the business.
Components of Compensation
Pay is comprised of various parts that fill in as a guide for a worker after retirement or if there should be
an occurrence of some mishap or damage. Presently we will see the key components or segments that
make pay.
Wages check hourly rates of salary and pay denotes the month to month amount of salary of a
representative. It is immaterial of the quantity of hours put in by a representative working in the firm.
These are liable to yearly increment.
Allowances
Stipends can be characterized as the measure of something that is permitted, particularly inside a lot of
tenets and directions or for a predetermined reason. Different remittances are paid aside fundamental
pay.
Few of these allowances are as follows −
Both specific inspiring forces and gathering motivators are pertinent as a rule. Reward, increase sharing,
commissions on transactions are a few instances of motivating force pay.
Fringe Benefits/Perquisites
Incidental advantages incorporate worker benefits like beneficial consideration, hospitalization, mishap
improvement, wellbeing and gathering safety, container, uniform, amusement and the preferences.
As of late, a lot of consideration has been coordinated to the improvement of pay frameworks that go past
just cash. We can state that every one of the parts of pay the board assume a critical job in the life of a
worker.
There has been a stamped increment in the utilization of pay-for-performance (PrP) for the board and
expert representatives, particularly for official administration and senior administrators. Pay is an
essential inspiration for generally representative.
• Effective remuneration framework manufactures boss brand, which assumes a key job in pulling
in ability.
• Effective remuneration framework makes representative to put his full endeavors for
accomplishment of association's objectives and destinations.
• Effective pay framework constructs activity towards work, which thus improves the efficiency of
association.
• Effective pay makes workers feel belongingness towards the association.
Objective of Compensation
The target of the remuneration work is to arrange of remunerations that is evenhanded to the business and
representative alike. The ideal result is a worker who is pulled in to the work and spurred to work
admirably for the business. Patton proposes that in remuneration strategy there are seven criteria for
effectiveness. Pay must to be:
Types of Compensations
We have found out about what remuneration and its significance is. In any case, with regards to an
association, be it private or open, remunerations are additionally isolated into the accompanying –
Direct Compensation
It is usually comprised of compensation installments and medical compensations. The formation of pay
series and pay scales for many positions inside an association are the principal responsibility of
remuneration the board of employee.
Organize payment that is in accordance with the commercial norms inspires representatives with the
confirmation that they are getting waged decently. This encourages the business not to strain over the
exclusive damage of prepared staff to a candidate.
Indirect Compensation
It cores round the specific supportive gestures of everybody at work. Even though return is basic,
individuals are the most gainful in occupations where they share the organization's abilities and
requirements.
These advantages can integrate things like permitted staff improvement developments, subsidized day
care, the odds for development or exchange inside the company, open acknowledgment, the capacity to
influence change or acquire a few deviations the working environment, and management to other people.
These are the two kinds of pay that should be supervised and have its own promise in the advancement
of the association. Pushing ahead, we will see the various portions of remuneration.
This board has a general extension for equivalent chance and straightforwardness as far as:
• Suitable enlistment
• Compensation dependent on legitimacy, capability and ability
• Adequate preparing and improvement offices
• Performance evaluation and advancements dependent on individual execution and commitment
Also, the board of trustees researches some other advantages related issues with respect to the Company's
working outcomes and tantamount market insights.
Leave Details:
• Earned Leave:
One day for every 18 working days.
• Casual Leave:
10 working days
• Lengthy Sick Leave:
First three months with full payment and next three months with basic salary (60% of gross salary). In
case of short term sickness maximum 14 days in a year.
• Maternity Leave:
As per Bangladesh labor law.
An extra amount intended as “provident fund” will be paid to permanent employee’s 01 (one) month
basic salary for every completed year. Instead of equal participation (where the employer and employee
contribute equally to the amount) the employer will provide as gratuity fund (CU Certifications Ltd
Employees’ Gratuity Fund). For calculation of the gratuity fund amount standing to the account of an
employee, latest basic salary by the employee from the company shall be considered.
• This is completely the representative's duty to direct the properly topped off frame to the
Administration and PR division for consideration of wife/husbands and Dependent/s in the
Hospitalization plot.
• To guarantee below any maternity related subjects to the mother (representative/mate) must be
incorporated.
Chapter: 07
Findings, Recommendations & Conclusions
Findings
• As per my observation, Control Union Bangladesh does not have organized HR practices. Also,
do not have any skilled HR personnel who can do properly HR activities.
• HR person doesn’t have full authority and control for recruitment and selection.
• HR don’t have any specific and structured recruitment system as sometimes they cannot predict
the requirements of man power.
• They set a target and goal about training and development of an employee, but HR does not
monitor it.
• The company does not have proper appraisal system in place. HR should take initiative to
implement this in organization. Otherwise employee will get demotivated and it will increase
turnover of the company.
• Highlighting the company benefits; - Control Union Bangladesh is giving less benefits to its
employees in comparison with other overseas offices in terms of holidays, weekly holidays,
facilities etc.
• Control Union Bangladesh has a good compensation management system as per law of
Bangladesh. But they intend to reduce existing facility.
Recommendation
• As Control Union Bangladesh don’t have a designated HR person, so a skilled and experienced
HR person is highly recommended.
• If an assigned person is there, then he can control full recruitment and selection procedure with
the involvement of top management.
• HR needs to establish a specific and structured recruitment system as sometimes they cannot
predict the requirements of man power.
• HR should have a summary of training plan of each employee to monitor it round the year.
• To reduce employee turnover there should be active performance appraisal system as well as
rewarding for their work.
• Some benefits can be same as like as their global offices.
• Rather to reduce the existing facility, they should figure out the root cause of employee turnover
though which is not very big percentage.
Conclusions
Employees always play a very vital role to run an organization because they help an organization to
achieve its target and goal. Control Union is one of the leading company in certification business and they
have most latest the HR practice across the world. Control Union Bangladesh is also working to adopt
most prominent HR functions and practices. They always emphasize to recruit fresher so that they can get
opportunity to develop their career. They also give priority to train the people from external and internal
source so that employees can be ready for their challenges. HR plays the media for this program happen
in the organization.
Bibliography
Books
• Gary Dessler (12th Edition). Human Resource Management.
• Willam B. Werther and Jr. Keith Davis (5th Edition). Human Resource and Performance
Management.
• John M. Ivancevich (10th Edition). Human Resource Management.
• Noe, Hollenbeck, Gerhart and Wright (1st Edition). Fundamentals of Human Resource
Management.
• Manmohan Joshi. Human Resource Management.
• Unnamed Author, Produced by University of Minnesota Libraries Publishing. Human Resource
Management.
Websites
• https://www.petersoncontrolunion.com/en
• https://www.inc.com/encyclopedia/human-resource-management.html
• https://trainingmag.com/8-golden-principles-human-resources/
• http://www.simplexpayroll.com/blog/2015/12/objectives-and-functions-of-human-resource-
management/
• http://www.businessstudynotes.com/hrm/human-resource-management/recruitment-and-
selection-process-in-hrm/
• https://www.managementstudyguide.com/training-development-hr-function.htm
• https://www.exoplatform.com/blog/2016/06/23/the-importance-of-employee-training-and-
development-in-hr-management
• https://keydifferences.com/difference-between-training-and-development.html
• https://corehr.wordpress.com/performance-management/performance-appraisal-methods/
• https://www.managementstudyguide.com/performance-appraisal.htm
• https://www.managementstudyguide.com/components-of-compensation_part2.htm