Term Paper On HRM Practices in Bangladesh

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Writing a thesis can be a daunting task, especially when it comes to a complex and ever-evolving

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This organization has identified their own way to appraise the performance of the workers. Casual
leave not more than 20 days in a calendar year may be granted to an officer provided that: Not more
than 5 days leave can be taken at a time without prior permission from the competent authority.
Development and Benefit Division: Benefits and Administration Wing: This wing process cases
related to LPR and retirement of employees from the Bank’s service. More and more companies
vigorously keep track of their recruitment metrics to see how well they are doing in this regard. By
keeping the following basic points about pay in mind, they can address virtually any pay-related
topic with their employees in a professional and productive manner. This combined entity was then
acquired by Randstad in 2007. Industry Overview of the study Banking industry in Bangladesh: The
Banking Industry in Bangladesh is one characterized by strict regulations and monitoring from the
central governing body, the Bangladesh Bank. Rather than a taboo, pay can be addressed in an up-
front manner if managers do their homework, get prepared and go into the discussion with the
confidence that comes from knowledge. It prompts to redesign the banks HR practices and expands
the employee efficiency. Therefore, the research convenience we have taken only employees of the
branches operating in Khulna city. College of Bd. Bangladesh Govt. is trying to gear up the
education system of Govt. College. But lack of financial facilities and proper Human Resource
Practice. They are the ones who have invested in the selection, training, and development of these
employees. They draft policies in accordance with their specifications in order to fulfill their
objectives. Linda Love Human Resources Planning 100% (15) 54 HRM 3430 Midterm review
Human Resources Planning 100% (12) 30 Lecture notes, Human Resource Planning, Final notes -
Prof. It is possible only with efficient and talented human resources. Like- ? Flexibility working
hours BAT has taken policies to provide a flexible working hour to their employees. This means that
HR should focus on both the needs of the organization and the ones of its employees. This study
developed research framework based on the theoretical foundation and previous literature in order to
better investigate the relationship between individual, organizational, technological, and
environmental determinants, and E-HRM adoption. There is also a bonus plan which compensates
the Managers and employees based on the sales revenue or Profit margin achieved. The success of
banks depends on effective utilization of human resource and adoption of proper HR practices and
policies in the organization. You can download the paper by clicking the button above. These should
also align with the organizational strategy. The present study has been undertaken in view of the
absence of systematic studied on the subject. It is always a fixed percentage on the target achieved.
With nationalization, banks ceased to be funding agencies only for industrial sector and became a
vivacious instrument of social change more statistical data are available in support of the preposition
that there is a phenomenal. You can download the paper by clicking the button above. Board will
continue to focus on driving all strategies to establish a long-term business. Members. This is the
opportunity to point out particular accomplishments that contributed to overall team or company
success. Download Free PDF View PDF See Full PDF Download PDF Loading Preview Sorry,
preview is currently unavailable. It indicated that there is a positive but insignificant relationship
between job analysis, management-employee relationship and participation in decision making with
employee retention.
The two most common forms of direct cash compensation in most companies are base pay and
bonus. Punishment procedures of workers for different causes: Workers of the organization are
punished for different causes. The development of employee commitment through employee
involvement and empowerment is one of the key objectives of any HRM discourse. The theory
behind profit-sharing is that management feds its workers will fiilfill their responsibilities more
diligently if they realise that their efforts may result in higher profits, which will be returned to the
workers through profit-sharing. This is the opportunity to point out particular accomplishments that
contributed to overall team or company success. Random sampling technique are used for analyzing
the data with 11 randomly selected banks among the 42 private commercial banks. The research was
carried out with a sample size of 200 non-managers and 50 top level managers of 25 public and
private corporate firms in Bangladesh. Again, this report is the first of its kind prepared by me. They
in fact encourage young people to participate in the decision-making process. Human resource
management deals with any aspects of any organization that affects employees, such as hiring and
firing, pay, benefits, training, and administration. To study the effectiveness and implications of E-
HRM, researchers formulated the questionnaire to draw the opinion on the effectiveness of E-HRM.
Compensation scales are graded with relation to market. The bank also has a package of different
types of leaves for all level of employees. Chapter-2 describes the “Literature Review” of chosen
five banks. It helped to hasten the pace of geographical and functional diversification. Download
Free PDF View PDF The Impact of Human Resource Development (HRD) Practices on
Organizational Effectiveness: A Review Md. See Full PDF Download PDF About Press Blog
People Papers Topics Job Board We're Hiring. The board of directors is consists of the Chairman, the
Vice-Chairman, twelve Directors, the Managing Director and the Secretary. The commitment of
banks has supported up in the money related consideration activities like “Pradhan Mantri Jan-
DhanYojana” and furthermore the desire for worker from the financial business likewise increments.
The purpose of Human Resource Management is to improve the productive contribution of people to
he organization ways that are strategically, ethically, and socially responsible. The objective of this
research is to trace the emergence of e-HRM practices in banking sector and to find out the impact of
E-HRM System on organizational performance and to offer recommendations and suggestions for
enhancing the effectiveness of e-HRM systems. The study is confined to the Delhionly and a sample
size of 150 public and private sector Bank employees. To get effective and efficient employee’s the
Bank should arrange proper training and development programs. To motivate the employee’s the
bank should follow proper guideline of HRM. Employment generation of the industrial sector
depends on the dynamism of the industrial sector. Does the person have the right technical and soft
skills. He is an expert in shaping modern HR practices by bringing technological innovations into the
HR context. It assists in ensuring that employees at all levels have a thorough understanding of the
business and can engage and inspire others to create outstanding results. The components of
compensation have to be devised in such a way that, it focuses on the growing demands of
employees while retaining the competitiveness and profitability of the company. Leave Rules-1959-
under this rules there are many leave Earned leave. The public sector banks have complexities
outstandingly and make conservative HR practices unproductive. Such benefits are computable in
terms of money and the amount of benefit is generally not predetermined.
Under this part, Introduction of the report, this project is IMBA program’s requirement as Purpose
of the Study, Scope of the Study, getting knowledge as Objective of the Study, Limitations of the
Study, information collection way as Methodology of Information Collection and current events of
these banks as Significant Recent Events of the banks are discussed. Management of human
resources, adaptation to any kind of change and effective functioning of banks are possible only
when human resources are developed. Point of Contact Canada, China, Cuba Lisa Wadsworth
Creative Setayesh Esfandiari HR Labor supply Director Management manager Management
Inventories forecast Method Inventories Replacement Chart and Summarie Labor Demand Nominal
Group Trend or Ratio analysis forecast Method 1. For the purpose of the study 50 companies were
selected based on purposive sampling method through a structured questionnaire administered. The
British American Tobacco (BAT) Bangladesh is a company whose Human Resource Division ensures
the greatest service to consumers and workers. BAT essentially follows the updated procedure in all
its activities. From 170 questionnaires distributed 155 were answered completely and were used for
analyze. For this purpose, E-HRM has taken a place of HRM introduced and processed in blue chip
organizations. Fairness at Work: They promote a credible atmosphere, allow employees to express
questions and problems in the process of work, and aim for a quick solution for everyone's
satisfaction. Researchers have indicated that improved working conditions and better wage rates
could improve the productivity and the profitability of organizations in Bangladesh. Bank staff
should be motivated and encouraged to practice professionalism for their personal growth and thus
contribute to the organization’s growth. The chief concern is that currently there are far too many
banks for the market to sustain. The literature study was conducted to explore the extent of human
resource management (HRM) practices usually practiced by five prominent commercial Banks of
India. Gazipasa University Download Free PDF View PDF See Full PDF Download PDF Loading
Preview Sorry, preview is currently unavailable. Fringe benefits are supplements to regular wages
received by the workers at a cost of employers. Same Grade Govt. College Human Structure is not
same. Our study is divided into some key factors regarding to the human resources aspects including
recruitment and hiring, training and development, compensation management, work time and
environment, performance appraisal, and motivation at work. The study on Human Resource
Management practices in Banks, under present economic scenario in the country is essential to
understand bank’s present HRM philosophy, practice and outcome with a view to offer suggestions
for formulation of right philosophy and practice of HRM in Banks. If you need any further
information about our term paper, we are eager to provide you information regarding this term paper
on HRM practices of British American Tobacco Bangladesh Ltd. Core Functions BB as the central
bank of Bangladesh executes all the functions that a central bank traditionally performs as elsewhere
in the world. However, if you’re consistently hiring world-class performers, an above-average
compensation is a must. It also helps boosting employee morale, building greater investor confidence
and increment of sales. 7 Employee appraisal of BAT. We discuss only one organization throughout
this report, that is, the City Bank Ltd. How does the compensation philosophy and plan fit with the
rest of the organization. Most organizations are family owned and controlled by family members,
and human resource management activities tend to be viewed as just a company owner’s wish.
Keywords: HR sector, technology, growth and development Download Free PDF View PDF See
Full PDF Download PDF Loading Preview Sorry, preview is currently unavailable. Speaking of Pay
with Confidence Discussions regarding pay do not have to be awkward-they can be clear and
productive if managers adhere to the basics outlined above. Are there any competitive factors
involved mat will determine the pay strategy. Despite the hypothetical association between E-HRM
practices and organizational results, observational analysis that link the two measurements is modest.
Globalization along with the technological advances made by Information and Communication
Technologies (ICTs), especially the Internet, has led the human resource management to undergo a
radical change in terms of its concepts, policies, strategies and practices.
We are grateful to you to provide us such opportunity. See Full PDF Download PDF About Press
Blog People Papers Topics Job Board We're Hiring. To study the effectiveness and implications of E-
HRM, researchers formulated the questionnaire to draw the opinion on the effectiveness of E-HRM.
Because of its positive impact on the internal and external success of the organization, scholars and
practitioners are investigating its antecedents and consequences increasingly in the recent years. For
British American Tobacco Bangladesh, training is a constant activity, with a focus on the. While
compensating any worker, the bank first determines the class of that post. ( The City Bank Ltd. The
commitment of banks has supported up in the money related consideration activities like “Pradhan
Mantri Jan-DhanYojana” and furthermore the desire for worker from the financial business likewise
increments. They provide bonus on occasion of Eid-ul-fire and Eid-ul-Adha. A section of scholarly
trade union leaders began to incorporate new global thinking in the union outlook. Objectives of
Study: Every task has a particular aim. These areas include conceptual clarification about human
resource management in banks, essentials of HRM practices, sub-system of human resource
management like performance appraisal, training, management development, career planning and
development, organization development, participative management, quality circles etc. Also, they
have good administrative skills to manage HRD policies. Practicing HR has a positive impact on the
performance of the bank. Conclusion: Human resource department plays a vital role in operating a
company. Employees compare their pay to that of others in the same line of work. Through this study
an effort was made to analyze the effectiveness of E-HRM from multidimensional perspective i.e. e-
recruitment, e-learning, e-performance management, e-payroll management, e-rewards and
recognition and e-self-service, these being the six core dimensions of E-HRM considered for the
study. Training is the systematic development of an individual's attitude, knowledge, and skill
pattern. Based on these evidences, this study urges to find out the sector (public and private) affects
the HR system in the local context of Bangladesh. Using data on ten randomly selected private
commercial banks, this paper evaluates the financial performance of the banks, studies the problems
the banks have to deal with and finds out the strategies the banks use to cope with the challenges.
All of these, as well as any increase in tangible pay and benefits should be discussed. For these
reasons, it’s appropriate for the discussion about base pay increases to be more general and balanced.
In the organizational context, therefore, HRD means a process which helps employees of an
organization to improve their functional capabilities for their present and future roles, to develop
their general capabilities, to harness their inner potentialities both for their self and organizational
development and, to develop organizational culture to sustain harmonious superior-subordinate
relationships, teamwork, motivation, quality and a sense of belongingness. For BATB, the main
sources of recruitment for different types of personnel are: Head of HR Compensation and.
Relationships at work with peers and superiors are as important as the job itself. They provide both
theoretical and practical on-the-job and off-the-job training, with training. Discussions about base
pay increases can be a bit different. Bank is the most important financial institution in the economic
development of a country depends on the development of banking sector. Internal Referrals: BATB
has its own server on Bangladesh's most popular job site, bdjobs, where hundreds of applications are
received every day. Organizations put up worth mentioning awareness of human capital instead of
money related capital. Sudin Bandar Muadzam Shah Environmental Science, Business 2011 Green
management initiatives become an important factor in forward-thinking businesses around the world.
Planning and Resourcing Division: Planning, Promotion and Transfer Wing: This wing is responsible
for develop Annual Manpower Plan for Bangladesh Bank, conduct Job Analysis, prepare Job
Descriptions, formulate promotion and transfer Policy. Multistage sampling has been used to obtain
required information. Training is the systematic development of an individual's attitude, knowledge,
and skill pattern. It may useful if and only for new company how has not enough knowledge and
they need external consultation. 2nd for anticipating supply, I always use the internal resource before
any external announcement and for that reason I am certainly create replacement chart, plus skills
and management inventories, make sure to assign the training for high potential employee. Any
violation of the same shall be tantamount to misconduct. BB directs the growth expediting programs
for the national interest. Altogether, I would be able to fill the organizational gap as soon as possible
with less effort and best set of skills. This new face of human resource has been occurring based on
internet and intranet technology. Objectives: This report has some specific objectives to achieve and
these objectives areas follows. On the other hand, job analysis, management-employee relationship
and participation in decision making have positive relationship with firm performance. This study
covers the 300 respondents of three districts of Himachal Pradesh (i.e. Kinnaur, Bilaspur and
Hamirpur). BAT has taken initiatives about human resource management strategies to enhance their
employees’ competencies. What perceptions influence employees to resist to change and support to
change. Different aspects of administrative work in various organizations have been replaced by IT.
Performance assessment is highly important while achieving the goals of the organization and
determining the individual contributions to the organization. Management of human resources,
adaptation to any kind of change and effective functioning of banks are possible only when human
resources are developed. The literature study was conducted to explore the extent of human resource
management (HRM) practices usually practiced by five prominent commercial Banks of India. With
nationalization, banks ceased to be funding agencies only for industrial sector and became a
vivacious instrument of social change more statistical data are available in support of the preposition
that there is a phenomenal. The human resource officer informed us that they believe in McGregor’s
“Theory Y” and emphasize the safety and love need for all employees. Download Free PDF View
PDF See Full PDF Download PDF Loading Preview Sorry, preview is currently unavailable. For
taxation purposes, commission is again a taxable component of compensation. The purpose of
evaluating the success of training is to ensure that it is cost-effective, to discover. Punishment
procedures of workers for different causes: Workers of the organization are punished for different
causes. The sources are administrative sources, print sources and electronic sources. College Human
Structure is not same for this Human Practice is not same. Bangladesh Bank started functioning with
all capital and liabilities of the then Dhaka branch of State Bank of Pakistan. Employees can choose
their working hours according to their needs. ? Annual salary review BAT Bangladesh reviews
annually salary of employers at the end of every year. Therefore new themes have emerged in the
process, replacing some of the old ones. For this purpose, I have gone through internet, different
books, articles, and journals, interviews of authorities and employees of the respective organizations
for the relevant information of the assigned topic. It assists in ensuring that employees at all levels
have a thorough understanding of the business and can engage and inspire others to create
outstanding results.
Early leave: In worker leaves his work place without the permission of the concern authority, he will
be punished for doing that. Bangladesh bank appoints the employees from 2 sources. 1. Internal
source: Bangladesh bank appoints its most of the employees from internal source through giving
promotions. 2. Outsourcing: Besides internal sources, Bangladesh bank collects its employees
through outsourcing but Bangladesh bank doesn’t apply outsourcing for every task. According to the
Economist’s Lifelong Learning special report, the number of on-demand courses has grown
exponentially. Contribution to the MGT of different natural disasters. They had been told we were
there to observe how the Cuban educational system functioned, and could freely answer the
questions we put to them. The research was carried out with a sample size of 200 non-managers and
50 top level managers of 25 public and private corporate firms in Bangladesh. Job performances are
significantly related with the job satisfaction, Job performances and Absenteeism and turnover.
Human resource management practices has the ability to create organizations that are more
intelligent, flexible and competent than their rivals through the application of policies and practices
that concentrate on recruiting, selecting, training skilled employees and directing their best efforts to
cooperate within the resource bundle of the organization. Human Resource Management best
practices: a reality check 5. Download Free PDF View PDF Impact of E-HRM System on
Organizational Performance: A Case study on Banking Sector Mohammed Al Haziazi The
employees of banking sector envision that Information Systems will have a major influence on their
working style will be highly innovative. HRM thinks that people should be treated as human, rather
machine, and every books and laws tell that using human resource properly is must to attain
organization goal, but it a very critical job. Compensation scales are graded with relation to market.
Moreover, this study is based on human resources management practices in private commercial banks
in Bangladesh. To this end, they strive to ensure that employees are aware of and apply complaints
and disciplinary actions. Such as, for promotion in the same department one worker only needs
seniority and two years of service in the organization. Will the move mean additional interaction with
key players. Transfer: Planning, promotion and transfer wing decides how the employees will be
transferred into different section and branches, after every 3 year, the employees are transferred into
different section and branches. The process is maintained by corporate and regulatory affairs, and
internal communication is a part of it. Appoint the employees: After getting the permission from the
directors’ committee, the selected applicants are finally appointed. Both strengths and weaknesses of
the employee should be addressed. It helped to hasten the pace of geographical and functional
diversification. Performance Appraisal (ACR) Performance appraisal of the workers of this
organization is well organized. Multinationals should be aware that Indian labor laws are very
conservative, as they offer a lot of protection for employees. Gen X, Gen Y, Baby Boomers are
terminologies that have evolved in the West based on defining events in their cultural contexts. Final
Selection: The candidates who pass both the written test and the interview are considered for final
appointment. They are listed on the Dhaka Stock Exchange and the Chittagong Stock Exchange's
stock indexes. The bank may provide insurance benefits (especially health-related and life insurance)
to the employees as an additional motivating factor. Job satisfaction retains the present employees
and attracts the competent employees that relates to the higher productivity and organizational long-
term performances. For this purpose, the necessary data has been collected from different primary
and secondary sources. Internal oversees communicating corporate initiatives.
Add Books Studylists You don't have any Studylists yet. A recruitment planning is the guide map
employment. College in Bangladesh Term Paper This term paper analysis on the role and functions of
Human Resources Management of Govt. Multistage sampling has been used to obtain required
information. As a result, the market will only accommodate only those banks that can transpire as the
most competitive and profitable ones in the future. BAT's Management Board has a collective
industry expertise of over 300 years. Arthashastra written by the celebrated Indian scholar-
practitioner Chanakya had three key areas of exploration, 1 public policy, 2 administration and
utilisation of people, and 3 taxation and accounting principles Chatterjee 2006. A data base nuclear
containing information about the competency is required of jobs and competencies of people by all
HR functions. Working with a reputable organization like BAT Bangladesh as a North South
University student was an honor. This holds for different industries and job types, including
researchers, entertainers, and athletes. These banks have this department since it started operating in
this country. Rather than a taboo, pay can be addressed in an up-front manner if managers do their
homework, get prepared and go into the discussion with the confidence that comes from knowledge.
For this reason, this paper analyses the impact of human resource management and its activities on
job satisfaction in various organizations in the Republic of Srpska, with the main goal to investigate
and determine the existence and nature of the relationship between human resource management
activities, as an independent variable, and job satisfaction, as a dependent variable. And the mission
statements reflect the strategies, goals and the overall approach of organizations. But what do they
entail, and why are they so important. Career Counseling Centers of Different Universities: BATB
obtains suitable applicants' CVs from various colleges' Career Counseling Centers. Based on these
evidences, this study urges to find out the sector (public and private) affects the HR system in the
local context of Bangladesh. The objective of this research is to trace the emergence of e-HRM
practices in banking sector and to find out the impact of E-HRM System on organizational
performance and to offer recommendations and suggestions for enhancing the effectiveness of e-
HRM systems. The study is confined to the Delhionly and a sample size of 150 public and private
sector Bank employees. Bangladesh Bank is proud of its highly professional, transparent objective
approach in its recruitment and selection process. Paradoxically, it helps assess employee
performance. Fairness at Work: They promote a credible atmosphere, allow employees to express
questions and problems in the process of work, and aim for a quick solution for everyone's
satisfaction. They foster loyalty and acts as a security base for the employees. While local
organizations and multinationals, such as Google and Facebook, might disagree with such trends,
leadership still follows a graded system. Irregular attendance: When a worker become irregular in
attending to the work, he will be punished for these. How ever the organization punishes the
workers for doing of the following works. The knowledge gained would be enhanced by learning
about the HR Division. Resignation: An officer intending to resign from the service of the College
shall serve on the competent authority on month’s notice in writing disclosing his or her intention to
resign from the service of the College. Recruitment process: Publish advertisement Verify the
applications Written test Viva-voce Permission of the directors’ committee Appoint the employees
Publish advertisement: Recruitment and outsourcing wing gets the list of required employees from
planning, promotion and transfer wing and take necessary steps to publish advertisement in
newspaper. This is the opportunity to point out particular accomplishments that contributed to overall
team or company success. But revenues are growing faster than people added, indicating that the
shift towards non-linearity in revenues is beginning to happen.

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