Professional Documents
Culture Documents
Analysis of HR Practices
Analysis of HR Practices
Analysis of HR Practices
Company Limited
1
COMPANY MISSION
2
Ownership
•43% Bangladesh Government,
•30% Japanese Companies
•remaining by European companies.
Structure
CEO
^^
Chief Financial Officer = Chief Technology Officer
^^
Other Manager
MACHANISTIC Organization
3
Qualitative review of HR Practices
4
HRM PRACTICES
EMPLOYEE oriented
shares company profit with its employees.
Realistic Job Review.
IN CONTRAST
GP offer company shares to its employees.
OUR REVIEW
Very realistic and effective
5
RECRUITMENT & SELECTION
Job Announcement: Paper, Magazine,
internet
Methodology: Three Steps
IN CONTRAST
GP = Similar + Assessment
OUR REVIEW
Need Assessment Round
6
ORIENTATION
5 week Orientation
Probation period
IN CONTRAST
GP has brief orientation
OUR REVIEW
KAFCO is the better one.
7
TRAINING
Methodology
• mainly through video.
• Computer based training is a skill not popular
IN CONTRAST
two steps. classroom training, then attachment.
OUR REVIEW
video training is not the most effective tool
Need some Computer training
8
COMPENSATION
Salary From Theory
• management Employee • incentive Payment
• Non-Management • fringe benefits
Employees • Maslow’s Hierarchy
• Salary Survey
Additional benefits IN CONTRAST
• provident fund
Provide allowance
Transportation
• severance.
• housing colony, own OUR REVIEW
medical center By far the best aspect of
• school & college, mosque the company
9
<< KAFCO School
10
PERFORMANCE APPRAISAL
Done annually
On scale of 5. IN CONTRAST
informal review takes
done on alternate days by
place between the the supervisor.
employee and
Direct competitions are
carried out
supervisor.
annual review by
Finally, self-evaluated
managers
that needs to be
approved by manager OUR REVIEW
introduce direct competition
11
RATING ON THE SCALE OF 5
Recruitment & selection (4)
Orientation (4.5)
Training (3)
Compensation (5)
Performance Appraisal (4.5)
12
THANK YOU