Term Paper HRM 360
Term Paper HRM 360
Term Paper HRM 360
Submitted to:
Quazi Tafsirul Islam
Department of Management
Submitted by:
Name ID
Date of submission: MAY 22, 2021
Introduction:
A person’s safety is a crucial aspect of one’s life and ensuring that safety is quite
critical. Given the global warming increasing day by day fueling natural disasters like
earthquake, floods, tsunami etc can be frightening. And in time like this a good
building or structure that is able to withstand at least the minor aspects of some of
these natural disasters can be of a great deal. Grameen cement’s goal is to earn the
trust of its consumers by producing the most safe and substantial quality of cement
with adequate standards being maintained. Grameen cement intents to continuously
enhance their cement to improve it in every possible way as we do not compromise
with our consumer’s safety.
Career Planning:
It is a process through which an individual picks their career target and the route to it.
The HR departments main aim is to help the employees coordinate with their personal
goals and the opportunities provided by their respective organization. Grameen
cement’s career management officials do not just concentrate solely on career growth
opportunities but they also tend to focus on places which can generate psychological
success instead of just vertical growth as our management has a rational way of
thinking; often times there are insufficient high level positions to make upward move
for such a huge number of employees.
III. Aligning needs and opportunities: aligning the individual needs is a crucial
process and it is handled firstly by addressing individual’s potential and then
approach for their career development. Our company tends to interpret
employee potential through performance appraisal and this helps distinguish
between employees who require more training and the ones who are able to
take on more responsibility. After these are conducted in order to enhance
employees skills, knowledge and capabilities development tools eg. Important
assignments, job rotation, coaching, job enrichment etc. are implemented.
IV. Action plan: The process of coordination should unleash gaps and these gaps
need to be amalgamated with employee career development and
organizational effort. These steps will show employees in which direction they
are going, what changes can be expected to occur and the skills required in
order to tackle upcoming challenges.
Grameen cement always wants to retain and attract high talent employees and
therefore we take career planning seriously.
Training Needs Assessment:
II. Design of training assessment: in this step we determine the methods most
appropriate to solve the problem and analyze the merits and demerits of the
selected methods.
IV. Data analysis and recommendation: in the fourth step we analyze data both
in terms of qualitative and quantitative means and the best suited methods for
Grameen cement is recommended.
Training Plan:
I. Assessing business needs: Through the training needs assessment the gaps
between current training methods and employee performance and capabilities
are identified. In this step these gaps are analyzed and objective of the training
is set aligning with organizational goals.
II. Training design: The design will contain the employees who are eligible for
training and who need it, in which manner the program shall be delivered,
determining the costs associated with it and the time needed for the training to
be conducted.
III. Training development and delivery: in the development process the methods
of the training is decided with budget, number of participants and the type of
training in consideration and actually putting the developed program into
action to attain our organization’s strategic objective.
IV. Training Evaluation: Last but not the least this is when the training outcomes
are analyzed and are compared with the benchmark set by Grameen cement to
ensure whether the program conducted benefited the company in any possible
way. If so, was the training able to achieve the targets Grameen cement
wanted to attain through this program, in simple words this process assess
whether the program was effective compared to the time, effort and resources
used for the program.
Methods of Training:
There are various methods in order to deliver training depending on the situation and
type of the program, sometimes a single method is sufficient and sometime the
combination of two or three methods do the trick.
Some of the methods are:-
On the Job Training (OJT): this is a hands on method that is used specially
for newly recruited employees, here the employees are taught the skills and
provided with information to perform the tasks required on their job role.
Employees learn in an environment where they will eventually be working and
practice with real activities.
E-learning: also known as online training, given the covid-19 pandemic most
businesses operating via online means is one of the best solutions for any
business who wish to conduct training. This includes e-learning courses,
webminar, audio visual representation and the opportunity to learn from one of
the best instructors. Online learning can be customized according to
employees need and time schedule and it is cost effective as well.
The sole purpose for training is to develop the skills and competencies of employees
which will benefit them and business in the future. Training can be a huge a project
and when delivering training sometimes we can overspend and eventually hamper
business operations. Therefore it is mandatory to prepare a separate budget solely for
training and development.
BDT 500,000/= have been allocated by Grameen Cement for training methods like
Interactive and Classroom based training as these can be expensive because it
involves hiring separate venue, costly outsourced highly skilled instructors, adds
travel cost as well as catering costs.
BDT 300,000/= have been allocated to methods like E-learning, Mentoring &
Apprenticeship and OJT (On the Job Training) is comparatively less expensive as
it involves experienced employees to teach the junior ones, through e-learning
employees are able to learn from home as well, eliminates venue, travel and
outsourced instructors costs.
Grameen Cement
Key Key Value Customer Customer
Partners Activities Proposition Relationship Segmentation
Calcium, Silica, Producing Providing world Providing 24/7 Trade
cements class cements customer care customers( retailers,
Alumina, clay,
Raw materials service. dealers, sub dealers,
iron in one word imported from Taking immediate whole sellers)
raw materials best suppliers in actions if any Individual home
suppliers the world complain comes builders
Fly ash free about the Real estate
Chemical cement products companies
importer Very good Reward policy Big infrastructure
3PL agencies packaging based on contractors
Cost effective purchase quantity ‘small project
Security guard
Guaranteed on contractors
providing time delivery by
agencies our own
International transportation
Referral discount
shipping lines No advance
payment policy in
pre order
Different CSR
policy such as tree
planting and so
many.
Sponsoring
If I discuss about the business model canvas shortly, our key partners are raw material suppliers,
though we are using our own transportation but based on demand we need to take help from third
party logistic also, for the security purpose we take help for G4S and other security proving agencies.
Our key activity is producing cement. We are providing world class quality cement in cheaper rate and
our packaging is also good, and I think this will add more value. We will provide 24/7 customer care
service for any type of queries. We take immediate actions if any complaint arises. For good
relationship we are committed to delivery products on time. If we look at our segmentation, we
segmented our customers in different segments, trade customers like dealers, retailers then
individual home builders, real estate companies.
Industry Analysis
PESTLE Analysis
Political: political stability is very important for any type of business. Without political stability it’s
very hard to earn profit. In Bangladesh, right now, political condition is very stable. So I think this is
the very perfect time for doing business smoothly.
Economy: economic status of a nation is also an important driver for setting a business and as our
business is a cement company so economic situation also an important issue. Right now, number of
infrastructures are increasing day by day, people right now become very stable economically. They
are now focus to build a house. Not only this, there are many mega projects are running. It’s clearly
indicating that, economy is now in a good condition. It means economic growth is good so it will be a
good thing for stabling a business.
Social: right now social condition is good in Bangladesh. Almost 68% people are belonging in 16-64
years group and for that their mentality is bit modern, they are now focus in modern infrastructure.
And for building infrastructure cement is the most essential thing.
Technology: technologically Bangladesh right now is very developed. For technological improvement
our country is in a good position around the world and for producing good quality cements
technology is the most needed thing.
Legal: Right now for doing a business our, laws and regulations are very friendly. There is no tough
legal conditions for doing a business on the other hand, our legal institutions always focus to make a
good business environment.
Environment: in Bangladesh, business environment is very much competitive but friendly. Each
competitor is very much committed to maintain a good relationship with other competitors. They
always try to avoid conflicts.
So after analyzing everything, we can say it a good place for starting a new cement company.
SWOT Analysis:
Internal Factors
Strength:
High quality and expert workforce with huge knowledge about cement industry
High salary figure
World class machineries
Renowned managing board
Big production plant
Friendly working environment
Weakness:
Very new in the market
High maintenance cost
New production workers
External Factors
Opportunity:
Lots of new mega projects
Less competitors
Well stablished market
Threats:
Few giant competitors like Bashundhara, Crown
Gradually increasing the price of the raw materials.
Current Covid Situation
requirements of the job with the employee. Human Resource Planning is therefore critical to
motivating the employees and priorities. Indeed, with the inclusion of plans and long-
term organizational goals in human resource planning modern days, Human Resource
has evolved into Strategic Human Resource Planning. Individual experiences,
interconnections, and actions carried out all lead to the growth of human potential in
some way. Our organizational effectiveness, growth, and economic development are
all highly dependent on the efficient use of human resources.
Orientation of the New Employee
The process of welcoming new employees to their employers, co-workers, and the
community is known as new employee orientation. Our organization orientation program
divided into four parts and this will help new employee in several ways;
Introducing Organization
Administrative Policies
support overview
Office tours
Introducing
and
Configuration
introductions
of
with others
workstation
employees
Explain standard procedures, such as how to enter and exit the building, how to
order, how to demand time off.
Explain the terms of the employment agreement and have new recruits sign these
forms. Non-disclosure agreements, non-compete agreements, confidentiality
agreements, and employee invention agreements are examples of these.
Regular communication with peers and doable from other departments for new
hires, and show new employees the organization's conference rooms and
demonstrate how to reserve them.
Describe about using power tools and give an overview of the major corporate
online channels.
Boost employee loyalty to the company: New employees would feel welcomed,
valued, and needed right away if they receive proper training. This will make them
more committed.
Reduce the number of people who leave: Employee turnover should decrease as a
result of the three benefits listed above; employee orientation tells employees that the
company cares for them and provide employees with the resources they have to do
their jobs effectively.
Where each job is given a unique salary range based on market trends. Benchmarking
assists us in making our salaries more competitive. Having to pay higher wages than
the market, for instance, could even lead in hiring the best recruits and keeping our
best employees. This method is based on market salary research, which is typically
done by geographical location and business sector.
Pay grades
At which jobs are classified and salary intervals are assigned to each team. Pay grades
are groups of jobs with the same or similar internal value, as determined by our job
evaluation process.
Incentives
Incentive compensation programs are designed to inspire, start engaging, and retain
employees. Incentives are benefits and rewards that are being used to encourage
desired attitude in our workforce. They take multiple shapes, such as healthcare
benefits, more vacation time, and greater flexibility in working practices. Our
organization use several incentives program for motivating our employee.
Recognition
It is really a close to zero way for anybody in our organization to publicly express
their appreciation for other team members; just a quick and easy thank you would
have been enough to keep someone energized.
Sharing Profit
Profit sharing empowers employees to see themselves as owners rather than just
employees. This sort of incentive encourages company loyalty and incentivizes
employees to stay and invest their sweat equity in the company's growth.
Health and Well-being
Staff members who are unhealthy are unable to perform at their best, so health and
fitness incentives are critical for companies seeking to prevent burnout and enhance
overall health. This is especially important given the current pressures on employees.
We also recognize those stuff who achieve wellness goals such as quitting smoking or
finishing an actions dilemma.
Tuition assistance
Frontline employees place a premium on continuing education. Tuition assistance is a
critical or very critical factor through joining the organization. Every employee,
including the CEO, should really be learning something new every other day. As a
result, our organization frequently Tuition reimbursement can help to establish this
best practice.
Pleasant Gifts
Our company provides various types of gifts to its employees in order to motivate
them. When an employee does something great that benefits the company, we show
our appreciation by giving them pleasant gifts.
Promotion:
The basic purpose of a promotion is to set a firm apart from its competitors. No
business would ever need to run promotions if there was no competition. Only if you
keep ahead of your competitors will customers continue to do business with you.
Our employees will be promoted based on their performance and dedication to the
job. because it inspires and inspires employees This policy is only open to individuals
who are capable of fulfilling our company's goals and objectives. Better performance,
on the other hand, can lead to more than just a promotion; it can also lead to a reward
for the individual.Only those who have been deemed potential will be given the
chance to progress. Our mission is to inspire future employees, and we will never be
Promotion policy:
3. Loyalty
5. Reliability
6. Honesty
7. Creativity
8. Autonomy
9. Potential evaluation
4. A new position has become available, and it will need to be filled quickly.
Transfer policy:
Our company's transfer policy is written, and all of our employees are aware of it. In
1. Skills scarcity
2. On occasion, to chastise them
3. Boost productivity
We're focusing on increasing our employees' efficiency and production, and we'll hold
them accountable if they make a mistake. Furthermore, I believe that this strategy will
assist our company. As a result of this approach, our staff will be more driven to work
human resource needs and determining how that capacity might be employed to
satisfy those needs. With the planning we give, we create the foundation for an
Grameen Cement will adhere to this strategy in order to achieve its objectives.
Following our HR strategy, we should be able to connect them to our company plans
Budget:
This Chart will show the yearly salary budget of Grameen Cement
Requirement budget:
Total: 3,20,000
Training Budget:
We will set aside a maximum of 3,50,000 taka for training all of the organization's
employees.
Exit interviews
Exit interviews are a human resource method used by a company to obtain useful
input from an employee who is leaving the company. It is common practice to collect
information about the company's strengths and weaknesses from the departing
employee.
Exit Interviews Have a Purpose
Time is money in the eyes of businesses. So, they devote so much time to conducting
exit interviews. This is because such practices will help businesses set human
resource benchmarks in the following ways:
Obtain constructive feedback: An exit interview is essential to learn about the
company's hidden strengths and shortcomings from the employee's viewpoint.
Obtain Information on Managerial Effectiveness: This is a valuable tool for
assessing a manager's performance and leadership abilities in the workplace.
Build a Positive Brand Image: Staff feel satisfied and talk positively in public when
they can air their complaints within the company's walls.
Recognize the Current Human Resource Issues: An exit interview will reveal
several pages of the company's human resource management shortcomings.
Understand Competitor Human Resource Benchmarks: If an employee is about to
enter a competitor, management can learn about the competitor's human resource
requirements and practices.
Find out where you can improve: The departing employee will be able to shed light
on human resource issues that the organization has yet to address.
Learn about the Employee's Point of View: Every employee has a unique
perspective on the business, the job, the people, and the workplace. The corporation
must be mindful of this feeling because it will be conveyed to the outside world by the
employee.
HRIS
Human Resources Information System (HRIS) is an acronym for Human Resources
Information System. The HRIS is a data collection and storage system for an
organization's employees.
In most cases, an HRIS includes all of the basic features needed for end-to-end HR
management (HRM). It's a structure that handles everything from hiring to
performance management to learning and growth.
HRIS software is another name for an HRIS. This is a little perplexing because it
means that different systems will run different applications. This is not the case,
however. In essence, the HRIS is a piece of HR software.
The HRIS can run on a company's own technological infrastructure or, as is more
usual these days, on the cloud. This indicates that the HR program is being used
outside of the business.
The Advantages of Using an HRIS
Record keeping: An HRIS is a record-keeping system that keeps track of any
changes to employee information. When it comes to personnel details, the HRIS can
be considered the sole source of facts.
Compliance: For regulatory purposes, certain data is obtained and processed. This
provides materials for identifying workers in the event of robbery, fraud, or other
misbehaviors, first contact details in the event of an accident, people identity
information for the tax office, and mandatory certification expiration dates.
Effectiveness: Having all of this data in one location not only improves accuracy, but
it also saves time. Some businesses also retain a lot of information about their workers
on paper. It can take a lot of time for workers to find the right folder and the right
sheet.
HR planning: The HRIS allows data to be tracked in order to advance HR and
business strategy. Different data would be necessary to monitor depending on the
organization's goals. This is where the HRIS comes into its own.
HR Self-Service: The opportunity to provide self-service HR to staff and managers is
a final advantage. Employees are able to handle their own affairs as a result of this.
When implemented correctly, the HRIS will provide a positive employee experience.
Keep in mind that not all HRIS systems have this in an easy-to-use format!
The worker is now called ‘active' after a new employee record is created. A new
transaction is registered three months after an individual leaves the business, resetting
the peg.
Since these systems are designed to be transactional, they are poor at data reporting
and analytics. They just weren't made for this. Furthermore, not all HRIS systems
have all of the above features. Some functions, such as payroll, LMS, and ATS, may
be registered in external systems as well. This makes HR monitoring much more
difficult since data is scattered through various systems. To report data, a new layer
must be introduced to all HR systems in order to report and analyze HR data.
This is the second reason why these systems' reporting and analytics capabilities are
minimal. Be mindful of this while speaking with HRIS providers, as they often tout
their systems' superior data reporting and analytics capabilities.
HRIS providers
There are thousands of HRIS software providers to choose from in the HRIS software
industry. The 11 most well-known Human Capital Management suites for midmarket
and large companies are listed below in Gartner's Magic Quadrant. Workday, Oracle,
SAP, ADP, Ceridian, Kronos, and others are among them. It would be impractical to
list all HRIS providers or to declare the best HRIS.
The best HRIS for your business cannot be generalized because it is dependent on the
individual needs of an organization. These five HCMs are generally regarded as
industry leaders.
Development of the Organization
Organizational development, unlike Human Resources, was born out of a need for a
systematic way to apply behavioral science to help organizations better individuals
and processes. The purpose of organizational development is to help individuals work
more effectively within a group setting. OD's main goal is to symbolize and support
meaningful and purposeful work. OD's main goal is to express and support significant
and intentional transformation within an organization.
An organizational development specialist focuses on data and research that can help
them progress their attempts to improve the overall systems and processes of an
organization. Organizational development has always aimed to:
Enhance organizational efficiency while remaining true to the company's
culture and values.
Maximize employee potential, assist them in amplifying their contributions,
and capitalize on their achievements to help the company succeed.
Assess existing processes involving people inside a company, then implement
interventions to try to improve them in a positive and productive way.
Assess existing processes involving people inside a company, then implement
interventions to try to improve them in a positive and productive way.
Individual behaviors should be in line with the company's strategy, structures,
objectives, and processes, among other things.
Assist in the promotion of organizational principles throughout the workplace
and among employees.
Interventions in Human Processes
Individual Intervention - This is a type of intervention that focuses on a single
person, usually with the goal of enhancing communication with others. The individual
is coached on existing behaviors that are regarded to be counter-productive to
interpersonal communication during this procedure.
Group Interventions - These are directed towards a group's procedure, content, or
structure. The structure refers to the repeating procedures used to reach tasks and deal
with external challenges. The process refers to the group's internal practices, the
content refers to what the group is working on, and the content refers to what the
group is working on.
Third-Party Intervention — When conflicts emerge, this sort of intervention is
frequently used. Although not all disagreements are harmful naturally, there are those
that must be settled swiftly to avoid serious disruption. A third-party intervention,
usually the appointment of an organizational development consultant, aids in the
efficient handling and resolution of conflict.
One of the more well-known organizational development approaches is team
building. It refers to a variety of group activities that help teams enhance their overall
team dynamics, such as how they carry out their obligations and tasks.
Organizational Confrontation Meeting — this sort of intervention aims to identify
problems, create priorities, define action targets, and start working on the identified
issues on a large scale.
Intergroup Connections Interventions - these entail identifying, diagnosing, and
comprehending intergroup relations. Problems and disputes are identified, priorities
and action targets are determined, and work on the highlighted problems begins, much
as it does in organizational confrontation meetings.
Large-Group Interventions — These interventions try to bring together a large
number of members of an organization and key stakeholders in order to arrange
people into teams. These large-group interventions are designed to discover and
address company-wide challenges, devise new approaches to structure and directing
the organization, or propose future business orientations. These interventions are
frequently used. These events are frequently referred to as "open space meetings,"
"global cafes," or "future searches."
Organizational Structure
The majority of HR functions are subjected to comparable stakeholder pressures. The
senior management expects the business and HR strategies to be implemented. HR
Processes must provide flawless support to line management. Employees expect high-
quality services from their employers. HR has a lot of stakeholders, and the HR
Organizational Structure needs to accommodate all of them.
The HR Management Goals and the established HR Model should be used to
determine the organizational structure. These two elements establish clear priorities
and highlight the value of HR Processes. Priorities should be represented in the
organizational structure and workforces assigned to specific HR Processes;
nevertheless, the organizational structure does not establish priorities.
HR Processes have distinct boundaries defined by the HR Organization. The
Remuneration and Benefits section should be focused on employee compensation and
developing various compensation methods. The organization's line managers and
employees should not be confused by blurred lines between HR Processes. Internal
clients must be able to observe the organizational structure in its entirety. Internal
clients must be able to observe the organizational structure's clarity. The precise set-
up and evident boundaries inside HR will also make HR staff feel more at ease.
The free flow of information is hampered by any organizational structure. Clear
communication channels should be created so that all HR employees are aware of
information that is relevant to their jobs. Many HR functions are hampered by a lack
of information.
HR should have a flat organizational structure as much as possible. Decision-making
authority should be delegated to the HR organization's lowest levels. Employees will
not be perceived as accountable in the organization if they lack decision-making
authority. Managers should be focused on staff development and should delegate
decision-making authority. There are far too many managers. Managers should be
focused on staff development and should delegate decision-making authority. The
decision-making process is always slowed when there are too many managers in the
system.
The structure of the organization must be adaptable. The organization's priorities can
shift fast, necessitating a swift response. Because of the rigid organizational structure,
the appropriate response is either impossible or inefficient. No employee should
consider their current position to be their ultimate goal.
Human Resources career development and the framework must be supported. Human
Resources career progression must be supported by the structure, and HR career paths
should be matched with the corporate structure.
Recruitment :
The human resource management process mainly depends on the competence of the
people who will work in the organization. To achieve the target goal recruiting the
right people at the right place is the key to success.To be cost effective the HR
manager should give the proper information of the organization which will attract the
best candidates to apply for the organization. By creating a pool of the candidates for
the vacant positions with the appropriate information will help the organization to
recruit the right candidates. HR managers can analyse the job before creating the
recruitment process. The recruitment can be done because of the following reasons :
Grameen cement's inducement is to recruit the right person with higher competency
and with experienced & skills. By maintaining restrictions and rules of the
government and proper information of the job, the HR department will make a job
description and requirements of the company for the candidates. Grameen cement will
hire experienced employees to maintain the quality of required positions.Also HR
managers need to keep in mind that the quality of candidates should match the
requirements in order to recruit. Employees will apply for the job by seeing the
description and requirements. It is the candidate's choice to apply for the selected
position if they think the requirements match their qualifications.Grameen cement
company will recruit by two sources :
Internal source: Grameen Cement company can recruit the candidates within the
organization.For that HR manager will inform the existing employees about the
recruitment. Those who are already experienced in such positions will get the chance
to apply for the job position. In order to motivate the employees, promotional offers
can be made by the manager. Internally recruitment can be cost effective. Existing
employees will have the knowledge about the culture of the organization. As a new
company it will take a few years to recruit experienced employees for any positions.
Internal sources tools and methods:
● Job Posting : Department head will post internally to the existing employees
about the job description.It will help all the employees to apply for the job
position. It is a more cost saving way of recruitment.
● Nomination: HR manager has all the data about companies employees. He
can gather all the data and research about the employee. He can suggest high
competency employee who have skills to the head.They required skills and
experience. Rehiring is the best possible and cost effective way of rehiring the
existing employee.
● Referrals : Sometimes Reference of others or existing employees suggestion
can create impact on internal recruitment.
● Promotions: By promoting existing employees they can also recruit. They
will select a few candidates for promotions by researching their previous
performance. This will also motivate them to work harder.
● Social media : In this generation social media has influenced so many people.
It is easy to communicate and reach more people . Social media is a great way
for recruiting candidates. Details of the company’s culture can be posted in the
online platform to attract everyone.
● Career Event and campaign management: Events can be organized in
selected areas with different brands and sponsors to attract viewers.
● Job boards: Job descriptions can be announced on such platforms. This
platform can match the perfect candidates based on salary type,job
requirements etc.It is a time consuming and beneficial site for any
organization.
● Organizational website & job portals : Job hiring posts can be posted in
websites,and job portals.
● Advertisement: The HR Department will post about the job on some
advertisement sources. Example: Newspapers, BDjobs.com etc.Advertisement
can attract more people to join the company and apply for it.
● On campus recruitment: The more people know about the company is more
beneficial. On campus, students are more likely to be attracted to job
opportunities. It will be a great opportunity for the graduates and
undergraduates. Generation of new ideas can put their unique thoughts for the
company's future.
● Employment Agencies: Recruitment agencies can reduce the company’s
pressure by recruiting the best candidates. However this is not cost effective
but it will ease the work for the external recruitment process.
Selection process: After recruiting the HR department will work on the selection
process. Selection process is a process of selecting the best possible candidates who
will be fit in specific job openings. After collecting all the CV’s the department Head
will select a few candidates for further procedure. This selection process is very
important for any company. Company’s overall performance will depend on the
selection process. There are few steps to select new employee’s for Grameen cement
company..
❖ Step 1 (Screening assessment): After receiving all the CV's the company’s
selection team will screen all the CV’s . They will select a few candidates
based on their CV’s and requirements.
❖ Step 4 (Medical Test) : For the current pandemic situation it's mandatory to
have a medical test for every candidate. To keep the place safe and sound it's
important to gather the data from the medical test report. If the candidate does
not have any problem or health issue they will be selected for the preview
section.
❖ Step 5 (Job preview): To allocate the candidates in the specific positions they
need to know the basics of the job and company culture. They will be trained
for few days. As Grameen cement company will hire experienced employees
who have experience in this sector,it will not take long time to train them.
❖ Step 6 (Job placement) : After completing all the steps they will select a few
candidates based on all the test and performance results. Many candidates will
be eliminated and they will find the best possible candidates for the right place
at the right time.
Casual leave:
According to Bangladesh Labor Law 2006, employers must pay any worker
full wages for 14 days of casual leave in a calendar year, which will not be
adjusted with the following year's casual leave. The same rules will apply to
our company.
Medical leave:
If an employee has to take time leave due to sickness, he or she is only
allowed to take a maximum of 10 days off. As Bangladeshi labor law allows
employees to take a maximum of 10 days of sick leave every year (2006).
Wages, like casual leave, will not be deducted.
Maternity leave:
If a woman has to take maternity leave, she will be able to do so for a period
of six months. However, she would have to work for the organization for at
least four months. At that time, she has the right to receive her regular salary
and benefits.
Paternity leave:
This leave is basically given to those employees who are new fathers.
Although in Bangladesh it is not very used , with the exception of a few
companies. We will provide these services. We will give the new father ten to
twelve days off with full pay.
Annual leave:
Any employee will receive a 10-day annual leave from the company. Which
they can use at any time.
Unpaid leave:
When all leave has ended for an employee, only then he or she will be granted
this leave for a maximum of 10 days. And the leave will be unpaid, and the
employee must notify his boss two days prior to taking the leave with a valid
reason. If the supervisor does not think the justification is valid, he or she may
cancel the proposed unpaid leave.
Other Benefits:
Life insurance:
Our company will provide life insurance to all of our employees. For example,
employees receive compensation to help them recover from a work-related
injury and if an employee dies, we can provide his or her family with life
insurance coverage.
Retirement benefits:
When an employee leaves our company, we will provide them with some sort
of payment, such as a pension. We will also offer some additional benefits to
those workers who have been with our company for a long time.
Security benefits:
We will ensure that we are providing the best security system in our company.
We will provide the best security services to our employees so that they can
operate comfortably 24/7.
Transport facility:
The company would provide regular transportation for all managerial
employees.
We will make sure that the transportation service facilities are suitable so that
our employees can arrive at the office on time and safely.
Overtime facility:
If an employee does overtime then he or she will be paid according to how
many hours he or she worked.
Provident funds:
Every month, we will cut the employee's basic salary by 10%. If the employee
works for 6 years, only then he or she will receive the whole sum paid into his
or her provident fund by the employer. But if he or she worked for less than 6
years in the company, they will only receive the amount deducted from their
wages by the company.
Gratuity:
If an employee works for four years for the company then he or she will
receive a gratuity. If an employee leaves a job after 6 years or more, he or she
is entitled to 6 years' pay and an extra year's pay on top of his or her basic pay.
Incentives:
The company will provide various incentives so that employees get motivated
and increase their productivity.
Traveling cost:
If an employee needs to travel anywhere because of company work then the
company will bear all the expenses associated with this.
Festival bonus:
All of our employees will receive two festival bonuses from our company.
This will be given to them on the occasions of Eid ul-Fitr and Eid ul-Adha.
The bonus amount they will get is 30% of their basic salary.
Other services:
Lunch and prayer brack:
We will provide our employees a one hour break for their lunch and prayer.
For our employees, we will set up a nice and well-decorated canteen system so
that they can easily get their lunch.
Child care:
There are several female employees with children in our company. Our
business also employs several single parents. Keeping that in mind we will
make arrangements for a child care center.
Smoking zone:
We'll set up a smoking area. Employees who smoke are allowed to do so in
this designated area. this way the workplace will be free from the bad effects
of smoking.
Regulatory compliance:
Regulatory compliance is how a company strives for in their attempts to
ensure that they are conscious of and follow all applicable rules, policies, and
regulations given to them by the country's law. Since our company will be
located in Bangladesh, we must abide by the Bangladeshi constitution's rules.
Working hours, salaries, welfare, provident funds, maternity leave and so on
are all covered by this act. Both industrial and commercial corporations are
accountable to the law. So, we will only comply with the 'Bangladesh Labor
Act 2006' when it comes to any kind of recruitment, leave policy, selection
policy etc.
Product processing
by using machine Appropriately packaging
the product Working on branding and
advertising the product
Job summary:
CEO will maintain everything of the company. He is the most top-level Executive selected by the
board of directors. He will manage the whole operation of the company. He will be the connector
between directors and the employees.
Job description: This part has mentioned the tasks, duties, and responsibilities of a CEO.
Task:
• Operating day to day operations of the whole organization
Duties:
• He will inform directors about the current status of the company.
• He has to be concerned about the market status and competitors every
time.
• Must be worried about the fiscal budget.
• He will check the whole progression of the company for understanding
whether the company can be reached its mission and vision.
• Monitoring the current demand of the market and employees
Responsibilities:
• Set the mission and vision of the org...
• Establish a good work environment across the organization.
• Maintain the culture within the organization
• Analyzing external environments before investing in a new market.
• Setting a business model and strategies for the company.
• Maintaining an excellent and understanding relationship with employees
and stakeholders.
• His one of the responsibilities will be a good policy maker.
• Must have risk taking mentality for the wellbeing of the company
Must have capability of handling any kind of issue.
• Should be a good coach
• Must have that ability of receiving any type of opinion from any level of
Reports to : Director
Job Summary:
When it comes to creating effective campaigns for their customers, the marketing industry often
needs a little assistance. He or she would serve as a vital connection between the company and its
customers as an accounting executive, also known as an account handler. An account executive is
responsible for increasing sales for the company. They can produce income by effectively handling the
accounts.
Job description:
This part is all about the task, duties, and responsibilities of a chief executive of accounts.
Tasks:
Duties:
Responsibilities:
Job specification:
It involves a chief executive of accounts' qualification, which refers to the expertise, educational
qualifications, specific qualifications, physical, mental, technological, communication skills, and
experience that an executive of accounts requires.
Reports: CEO
Job Summary:-
The Chief human resource officer is responsible to administer all the angles of human resource
operations and to attain organizational goals. The role of CHRO is to enhance current employees,
strengthen company decision making; they are part of the executive committee and they aid strategic
planning, talent management, performance management, training and development.
Job Description:- Provides information regarding the task, duties and responsibilities of CHRO
Task:
Job specification:- are the skills, qualification, competencies and the experience a person needs to
perform the job.
Analytical skills and problem solving mentality is crucial for the job
Complete knowledge over employment laws and regulation
Department: Production
Base Salary:60000-70000BDT
Job summary:
The Research and Development Director is responsible for directing and implementing the research
and development strategies, goals, and programs of an organization. Ensures that an organization's
research and development efforts will keep it competitive and profitable.
Job description:
A research and development (R&D) manager has a variety of important responsibilities within a
company. They are in charge of conducting research, preparing, and introducing new programs and
protocols in their business or organization, as well as overseeing product creation. A research and
development manager's basic responsibilities would most likely be influenced by the sector in which
they operate. A research and development manager's particular responsibilities will most likely be
influenced by the sector in which they work, as these professionals are often employed in fields such
as healthcare, technology, business, and pharmaceuticals. Since the types of products manufactured
by a pharmaceutical company and those produced by a technical company are likely to vary, R&D
managers have the potential to They specialize based on their passions.
Task:
Duties:
Responsibilities:
Job specification:
It provides the credentials, expertise, and skills that a production manager is required.
• Ability to make sound and timely decisions in the face of changing market
conditions.
• Trustworthy.
• He must be accurate to the corporation and about the amount of hard
work.
• Finally, he should be a natural communicator.
Department: Marketing
Reports to: CEO
Base Salary: 45000-50000 BDT
Job Summary:
In a company, the person who is a head of sales and marketing plays an important role for the success
of the company. Need to have innovative ideas on how to handle the whole sales and marketing
teams and must strive for the company's benefit in order to maximize the company’s values and
profits.
Job Description:
❖ Task
● To meet the company’s targeted goals
● To monitor all the sales teams and assess their performance
● To Prepare a sales and marketing strategy for the assigned region
and ensure that it is implemented in accordance with the
company's needs.
● To ensure that the Company's marketing and distribution and
promotional initiatives are properly monitored.
❖ Duties:
● Create a standard service to provide a better service
● Always aware about the market condition and trends
● Establish promotional guidelines and bring new strategies and
innovations to the marketing department in order to promote the
product and improve their skills. ● Sending all the weekly or
monthly reports to the CEO
❖ Responsibilities:
● To evaluate monthly revenue, competitor market
share, and determine means and methods to
increase market share while maintaining market
position
● Have to maintain a good relationship with the
other departments to achieve the target
● To prepare an annual budget, establish policies for
development, and ensure proper monitoring of the
strategic plan in order to meet the revenue goal.
Job specification:
Base Salary:
BDT 20000-
25000 Job
Summary:
A Chief Security officer develops and assures the safety of the company’s financial & physical risks. In
the digital platform, the risks are getting higher because of the development of IT technology. In this
term, an honorable Chief Security Officer provides strategic management to avoid any compliance.
They manage both physical security and information safety.
Job Description:
Provides the information regarding the task, duties and responsibilities of a Chief Security Officer.
Task:
● Keep an eye on the networks that have access to the company's assets.
● Ensure an updated security system & maintain it with proper instruction.
● Make sure to receive information from different sources in order to gather
more knowledge about the company.
● Create guidelines for all the security platforms and investigate any
unwanted situation.
Duties:
● To protect electronic databases in order to secure information about the
company.
● Maintain a good relationship with high level law enforcement for future
benefit.
Responsibilities:
Job Specification
Knowledge:
Job Summary:
Supply chain managers plan, coordinate, communicate, manage the transportation, production, and
delivery of the product to the company and other raw materials required in the manufacturing. They
are in charge of inventory control, purchasing, and product development. They examine the
manufacturing procedure and come up with new ways to improve the work efficiency and low the
cost. They ensure that there are enough materials and supplies on-site for production, as well as
enough products in inventory to meet customer demand.
Job Description:
Provides information regarding the task, duties and responsibilities of a Senior Supply Chain Manager.
Task:
Duties:
● Understand customers and business partners needs and maintain a positive
business relationship.
● Figuring out the best cost-effective solution to the supply chain process.
● Training and guiding employees.
Responsibilities:
● Develop key performance indicators, analyzing the data to see if the goals
are achieved.
Job Specification
Knowledge:
Department: Finance
Reports to:
Head of
Finance
Base
Salary:
BDT
25000-
40000 Job
summary:
Operational and financial audits are planned and carried out. Identifying the risks associated with
business processes. Developing research methodologies to assess the control's adequacy.
Keeping track of the evaluations' outcomes.
Job description:
Internal operating controls, systems, and activities are the responsibility of audit
managers. They can also suggest adjustments and improvements to existing policies
and controls to ensure that they are current, adequate, efficient, and used in
compliance with government and company standards. Some audit managers will
supervise a group of junior accountants or auditors. Some audit managers will
supervise a group of junior auditors or accountants, reviewing and advising them on
their work.
Task:
• Help make sure whether inner (audit procedure and risk management) as
well as existing (legislative) criteria are met.
Responsibilities:
Job specification:
It provides the qualifications, expertise, and experience that a production manager needs.
Knowledge, Skills & Abilities:
• Oral communication, report writing, and presentation skills are all examples
of communication skills.
Job Summary:
A person who is in the position of Area Sales Manager is responsible for supervising the company’s
sales operation but only for a specific and a particular geographical area. That person is responsible
for fulfilling the sales target from the particular area and contributes to make revenue for the
company.
Job Description:
It provides the information regarding tasks, duties and responsibilities for a Area Sales Manager
❖ Task
● Tracking and monitoring the sales team performances.
❖ Duties:
● Keep up to date understanding of the company's products and
services
● Create such a work environment for the employees of the
company so that they feel safe and comfortable
● Do a market analysis to find out about the customer preference
and on-going trends of the offered product
● Direct interaction with main retailers in a good way to manage
them
● Find new dealers while maintaining positive relationships with
current dealers and customers
● Finding new opportunities and regions that haven't been
explored previously
❖ Responsibilities:
● Reporting authority specifically so that they can understand the
current condition of the situation and reporting timely
● Train employees so that they can work under pressure and also as
a team member
● Creating a good relationship with the other departments so that if
there is any problem they can help
● Responsible for recommendation and carry out area in-charge
deployment, transfer, and dismissal
● Organizing market development programs to improve sales and
alliances
● To handle sales representatives in a professional manner and to
be accountable for the actions of the sales force
Job Specification:
It provides information about the knowledge, skills and abilities which is essential for the Area Sales
Manager job.
Department: Production
Job Summary: The chief chemist will monitor the lab test results, maintain the quality of the product
and provide guidance and suggestions for necessary changes to be made in order to maintain the
standard quality.
Job Description: Provides information regarding the task, duties and responsibilities of a chief
chemist
Task:
Mill testing
Duties:
Examining the monthly chemical supplies and equipment and checking the
precision of laboratory weights, balances and volumetric tools.
Responsibilities:
They are responsible for the safety of the laboratory and must conduct
weekly safety meeting with staff who are directly associated with lab work
Purchasing lab equipment and ensuring they work properly before
conducting any tests or experiments.
Job specification: It includes the required knowledge/qualification, skills and abilities of a chief
chemist for the job.
Knowledge:
Minimum of Bachelors of Science in chemistry; a degree in chemistry or
chemical engineering
The ability to identify problems with the system and provide appropriate
suggestions to fix them.
Should be able to apply first-aid in situations of emergency and call for
doctor when needed.
Should have good communication skills in order to convey information
clearly
Conclusion :
All in all this report will help to develop substantial human resource management of
our new company which is the ‘Grameen Cement company’.To achieve the respected
goal (mission & vision) of the company which is included in the introduction,this
company will need to follow all the rules and regulations in order to provide best
products for their customers. Grameen cement company is highly trained as given in
the training and development program,thus they will maintain the organization's
quality. However there are many competitors in the current marketplace,to survive in
this competitive world Human Resource planning is a fundamental process.This
overall Human Resource Management process will help the company to achieve their
goals and make progress for the upcoming future.It will help to fill the company’s
objectives and fulfill the gaps between employees and management. To make the
organization successful, grameen cement companies will never compromise with the
quality of their products and loyalty to their customers.
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