of Human Resource Practice in BEXIMCO-Pharmaceuticals
Ltd.
Submitted To: Fazilatun Nesa Course Instructor Human Resource Management(HRM) Submitted By: Mohammad Jaber Chowdhury ID-107 MD. Rubel Ahmed ID-244(15th) Sharmin Akter ID-101 Muhammad Rajib Khan ID-106 Siddqua Binta Saide ID-102 Nur Ahmed Rayhan ID-096 Intake-16 th Section-3 Program-BBA
Date of Submission- 26th December 2009 Bangladesh University of Business & Technology (BUBT) Leter of transmital 26 December 2009 Ms. Fazilatun Nesa Lecturer Human Resource Department Banglades !ni"ersit# o$ Business % &ecnolog#'B!B&( Mirpur) Da*a. +ub,ect- . report on Human resource practice in an organization Dear Madam) Here in our report on Human resource practice in an organization #ou assigned us to prepare tis report as a part o$ Human Resource Management course re/uirement. 0ile 1riting tis report) 1e a"e tried to $ollo1 te gi"en instruction. &is report 1ill elp us to *no1 te present situation o$ uman resource in an organization. 0e a"e tried to gater accurate in$ormation about tis topic.
0e sincerel# ope tat tis report 1ill meet #our appro"al. 0e 1ould be glad to $urnis #ou 1it an# clari$ication i$ re/uired. &rul# 2ours Moammad 3aber 4o1dur# +armin .*ter 5D-06078909906 5D- 06078909909 Md. Rubel .med Muammad Ra,ib :an 5D-060789092;; 5D- 06078909906 Nur .med Ra#an +idd/ua Binta +aide 5D-06078909096 5D-06078909902 Acknowledgement First o$ all 1e 1ant to gi"e tan*s to .lmigt# .lla $or gi"ing us te opportunit# to complete tis assignment. &en 1e 1ould li*e to e<press our grate$ul tan*s to our onorable parents. .$ter tat 1e 1ould li*e to e<press our gratitude to our teacer Fazilatun Nesa Lecturer in HRM. His ad"ice elped us a lot to prepare a complete assignment and e ne"er esitate to gi"e us "aluable time 1ile preparing te assignment 1ene"er 1e needed. 0e also 1ant to gi"e tan*s to all o$ tem 1o a"e gi"en a lot o$ "aluable suggestions and moral support to us. Executive Summary uman organization acti"it# is simpl# te act o$ getting people togeter to accomplis desired goals. .n# organization) 1eter ne1 or old) small or big needs to run smootl# and acie"e te goals and ob,ecti"es 1ic it as set $ort. For it de"elops and implements its o1n Human Resource Management concepts. .s suc) te basic $unctions o$ HRM) bro*en do1n into se"en di$$erent areas) allo1 $or it to andle te strategic) tactical and operational decisions $or te organization. &e se"en $unctions o$ HRM are- Planning, Recruiting, Selection, Socialization, Training and Development, Performance Appraisal, Compensation, Labor relation, and Motivation function Beximco Parma !BP"# is a leading edge parmaceutical compan# based in Banglades and is acclaimed $or its outstanding product /ualit#) 1orld=class manu$acturing $acilities) product de"elopment capabilities and outstanding pro$essional ser"ices. 5ts strategic strengts include strong recognition o$ brands) igl# s*illed 1or* $orce and di"ersi$ied business mi<. Being a Learning Organization te core essence o$ Be<imco >arma is its entrepreneurial spirit in e"er# spere o$ its management. 5n tis spirit) te tas*s o$ eac managerial $unction are carried out troug HRM. 5n tis report) 1e a"e tried our best to e<empli$# o1 te basic $unctions o$ HRM are e<ercised in Be<imco >arma. 0e a"e anal#zed B>L?s se"eral $unctions- planning) recruiting and selection) training and de"elopment) per$ormance appraisal and emplo#ee compensation $rom te "ie1 o$ &eoretical De$inition) >ractical .pplication$ Basic >rinciples $ollo1ed and &ecnolog# used in eac o$ te $unctions. 0e also discussed te B>L?s goals) mission and "ision. &is report $ocuses on te %rganization&s recruiting process$ selection process$ source of recruiting$ attracting$ meto' of training$ meto' of 'eveloping$ compensation an' pay rates of BP" 1ic is "er# signi$icant $rom contemporar# managerial perspecti"e and also a *e# concept o$ organization teor#. 1e tried to gi"e a toroug idea o$ te o"erall economic and industrial condition) e<isting competitions in bot ome and abroad) and $uture treats o$ international open mar*ets etc. 5n addition to tat) 1e a"e recommended some alternati"es in te $inal segment o$ te report tat 1e belie"e) could be elp$ul $or B>L to pre"ail o"er te mentioned callenges. Chapter-1 1.1 Introduction: Be<imco >armaceuticals Ltd.'B>L( as been te trendsetter in Banglades >armaceutical Mar*et since its inception in 9969. @"er te last decade B>L actuall# rose to a ne1 standard A mo"ing be#ond manu$acturing /ualit# medicines to 1in mind sare o$ patients) p#sicians) sareolders) business partners) and communities 1ere 1e 1or* and li"e. @ur dedication to add more "alue to te common 1ealt o$ te societ# compounded b# inno"ati"e strategies $or gro1t and di"ersi$ication) pioneering role in bringing ne1 tecnolog# and implementing ne1 ideas) and commitment $or total /ualit# management distills te glor# o$ our success. &oda# B>L is not merel# a mar*et leader. Most o$ te products tat it acti"el# mar*ets en,o# leadersip position demonstrating incomparable trust o$ te ealtcare pro$essionals. &is is te re1ard $or te outstanding /ualit# o$ our products= at B>L 1e ne"er compromise 1it te /ualit# o$ our products so tat our $ello1 citizens can li"e long) app# and better. B>L is te pioneer in introducing medical ser"ice acti"ities- publising a $ull=$ledged medical ne1sletter regularl#) conducting clinical seminars and s#mposiums to a"e better understanding o$ "arious diseases and teir management. B>L is te $irst national compan# 1o dared to di"ersi$# its business into manu$acturing bul* drugs to integrate it sel$ bac*1ards as 1ell as de"elop te nation?s parma industr#. 0ile it 1ould a"e been relati"el# eas# to di"ersi$# te business into consumer products) B>L cose te arder pat 1it a long= term "ision. &oda# B>L is read# to $ace te callenge o$ scarce sourcing o$ .cti"e >armaceutical 5ngredients '.>5( in te post=0&@ era) 1it its ad"anced .>5 manu$acturing capabilit#. B>L is one o$ te $irst companies to a"e an e<tensi"el# computerized and automated 1or*ing en"ironment connecting e"er# corner o$ te countr# to te centre. >roducti"it# troug connecti"it# is one o$ our eritage o$ progress. B>L is te $irst compan# to go be#ond te national boundar#) e<porting its /ualit# products in o"erseas mar*ets in .sia) .$rica) and Burope. More tan tat) B>L as probabl# $ul$illed a national aspiration o$ turning a once import dependent countr# into an e<porter o$ /ualit# medicines. 0e belie"e) 0it our tecnological and managerial *no1=o1 and abilit# to ta*e on callenges) 1e 1ill be able to progress muc $aster to1ards our ob,ecti"e o$ becoming te nation?s most Cisionar# compan#. 1.2 Origin of the report: &e report originated $rom our course instructor .He ga"e tis report to learn te 1a# and report 1riting. &e origin o$ our report is $rom our class. &e submission date o$ te report is 26 December 2009. 1.3 Objectives: @ur min ob,ecti"e is to prepare tis report to *no1 about te uman recourse practice in an organization. 0e tr# to $ocus on te report about te HR practice in BBD5M4@= >H.RM.. &e ob,ecti"es o$ te stud# are as $ollo1s- &o *no1 te HRM policies $ollo1ed in B>L) Banglades. &o identi$# te "arious a"enues $or impro"ing te HRM policies o$ B>L) Banglades. +uggesting strategies to impro"e te HRM policies o$ B>L) Banglades. 1.4 Scope: @ur assignment is onl# document basis so 1e a"e not opportunit# to ta*e inter"ie1) sur"e# and ma*e obser"ation. .s it is a report about an organization so 1e a"e opportunit# to collect data b# reading documents $rom teir 1eb sites. 1.5 Methodology: &o complete our report and reac in a decision 1e use some metod. &o collect in$ormation 1e searc internet) read ne1spaper) and utilize our personal obser"ation. .s it is a report so our data is secondar# data. 1. !i"it#tions: &ere 1e $ace some limitation to prepare tis report. &ose are noted belo1=
9. &e abundance o$ computer in our lab is "er# poor more tan students demand. 2. 5n lab all computers are not connected 1it internet. 8. 0e don?t get muc time to prepare tis repot. ;. &is is te time o$ earl# $inal e<amination) so 1e can?t gi"e more time to prepare tis report. Chapter-2 ()* $OM%&'( O)*+)I*, 2.1 &-O./ $OM%&'(: Be<imco >armaceuticals Ltd. is a leading edge parmaceutical compan# based in Da*a) Banglades and is acclaimed $or its outstanding product /ualit#) 1orld=class manu$acturing $acilities) product de"elopment capabilities and outstanding pro$essional ser"ices. Be<imco >arma is te pioneer in parmaceutical e<port $rom Banglades and as recei"ed National B<port &rop# 'Eold() te igest national accolade $or e<port) $or record tree times. (e#r of *st#blish"ent: 9966 Commercial Production: 9970 Status: >ublic Limited 4ompan# Business Lines: Manu$acturing and mar*eting o$ >armaceutical Finised Formulation >roducts) Large Colume >arenterals) +mall Colume >arenterals) @ptalmic >reparations) Nebulizer +olutions and .cti"e >armaceutical 5ngredients '.>5s( Overseas Offices & Associates: .ustralia) Butan) 4ambodia) 4ile) Eana) Hong :ong) 5ndonesia) 3ordan) :en#a) :u1ait) Mala#sia) M#anmar) Nepal) >a*istan) >ilippines) +audi .rabia) +ingapore) +ri Lan*a) Cietnam and 2emen Authorized Capital (Taka: 2)000 million Paid!up Capital (Taka: 9)2F9.F6 million "um#er of Shareholders: .round 66)000 Stock $%chan&e Listin&s: Da*a +toc* B<cange) 4ittagong +toc* B<cange and .5M o$ London +toc* B<cange "um#er of $mplo'ees: 2)890 2.2 )ision B>L?s passionate e$$ort to acie"e e<cellence in all speres o$ its operations and its *een endea"or to incorporate inno"ati"e ne1 tecnologies into its manu$acturing practice puts it aead o$ its contemporaries. Cie1ing te business as a mean o$ te social 1ell=being o$ te in"estor) emplo#ees and te societ# and customers is te main "ision o$ B>L. &e compan# ma*es teir best e$$ort to ascertain te $inancial 1ealt and moral gains as a part o$ te process o$ te uman ci"ilization. Be<imco >armaceuticals Limited is committed to contribute to *eep te eart clean. 2.3 Mission Bac o$ our acti"ities must bene$it and add "alue to te common 1ealt o$ our societ#. 0e $irml# belie"e tat) in te $inal anal#sis 1e are accountable to eac o$ te constituents 1it 1om 1e interactG namel#- our emplo#ees) our customers) our business associates) our $ello1 citizens and our sareolders. 2.4 0o#ls B>L as a strong mar*et $ocus and is anticipating continued $uture gro1t b# le"eraging business capabilities and de"eloping superior product brands and mar*ets. &e compan# is no1 mo"ing to te 1orld mar*et and tr#ing to e<pand teir business 1orld1ide 1it a good /ualit# image. 5nno"ation o$ ne1 products and satis$#ing te e"er=canging need o$ consumers remains a top priorit# goal. Bnsuring $ull e$$ort to enance sareolders igest returns and gro1t o$ teir asset also olds a *e# goal o$ te compan#. 2.5 $ore )#lues &rust and reliabilit# to te products emerged as one o$ te core "alues o$ Be<imco >armaceuticals Limited. 5t maintains /ualit# in manu$acturing o$ products according to te rules o$ te 0H@. Hiring a competent branc o$ people 1o are best in teir capacit# to ser"e te compan# best) strengten te B>L $unction o$ operation .5t also gi"e empasize on promoting ne1 products troug researc and bringing cost e$$icienc# in business operations. Be<imco >arma belie"es tat it is in te business 1ic deals 1it uman ealt 1ic ma*es it more responsible to *eep te igest standards o$ its products. &roug its products it tries to deli"er clear bene$its to te patients. Eood products) o1e"er) are onl# one side o$ its e<pression o$ commitment. B>L belie"es its responsibilit# lies e"en more in ensuring tat te societ# gets bene$ited 1ile it continues to gro1. 2. $orpor#te Soci#l +esponsibilities: 4orporate social responsibilit# is an integral part o$ B>L?s business strateg# 1ic is re$lected in its mission statement. B"er# emplo#ee o$ te compan# *no1s tat te compan# does not "ie1 its success and acie"ements in $inancial terms onl#) but also in terms o$ its deep relationsip 1it te societ#. Bac #ear) an increasing amount o$ contribution is plouged bac* into social causes) demonstrating Be<imco >armaHs commitment to te nation. More importantl# te compan#Hs contribution e<tends be#ond one=time donation to ongoing participation as re$lected in its partnersip 1it NE@s 1or*ing $or .5D+ patients) in supporting sports) and in raising disease a1areness among te people. B>L donated medicines 1ort millions o$ ta*a to "ictims in national and international calamities. Donation o$ medicines to "ictims o$ eart/ua*e in >a*istan and "ictims o$ tsunami in +ri Lan*a are 1ort mentioning. &e compan# maintains a team o$ scientists 1o 1or*s as parmaceutical e<perts $or good go"ernance tat gi"e direct bene$it to te common people and sareolders. Be<imco >armaceuticals Limited care$ull# designed its $acilities $or reducing azardous impact on te en"ironment troug operational e<cellence pro"iding a $riendl# en"ironment $or a ealt# societ# $or tomorro1 being te main responsibilit# o$ B>L. Chapter-3 Human +esource ,anagement- HRM is a $ield o$ management in"ol"es planning organizing) directing and controlling te $unctions o$ procuring) de"eloping) maintaining and moti"ating a labor $orce. Human +esource ,anagement Process- Human +esource ,anagement Process consists o$ eigt acti"ities necessar# $or sta$$ing te organization and sustaining ig emplo#ee per$ormance. &e process is described belo1- 3.1 2u"#n +esource M#n#ge"ent in -*3IM$O %h#r"#ceutic#ls !td 4-%!56 -#ngl#desh 3.1 Human Resource Planning in BPL : >lanning is te core area o$ all te $unctions o$ management. 5t is te $oundation upon 1ic te oter tree areas sould be built. >lanning re/uires management to e"aluate 1ere uman resource o$ te compan# is currentl#) and 1ere it 1ould li*e to be in te H+ Planning . +e/uisition Selection %rientation 0raining 1ppraisal . Evaluation Benefits . 2ompensation $uture. From tere an appropriate course o$ action to attain te compan#Hs goals and ob,ecti"es is determined and implemented. B"er# organization as emplo#ment planning. B>L as also its emplo#ment planning. &e# usuall# $orecast teir personnel needs based on teir mission) strategic goals % ob,ecti"es % tecnological and oter canges resulting in increased producti"it#. .ltoug tere are se"eral metods to predict personnel needs) but te# use managerial ,udgment because it gi"es te more real 1orld scenario $or personnel needs. &e# tin* tat te oter metods can not gi"e te accurate situation o$ te personnel needs. &ese are basicall# grapical metods) 1ic can not measure te actual personnel needs. But managerial ,udgment metod depends upon te cange in producti"it#) mar*et conditions etc. 3.2 Recruitment and Selection process in BPL: 0e are loo*ing $or top=caliber people 1o 1ant te $le<ibilit# and resources to gro1 in teir career. 5$ #ouHre te *ind o$ person 1o as al1a#s stood out) 1e o$$er a place 1ere #ou can continue to e<cel. No matter 1at #our $ield or range o$ interests) tere are "acancies 1ere #our talents can li*el# be applied and de"eloped. 0e a"e tousands o$ di"erse people $rom di$$erent cultures and bac*grounds 1or*ing in a "ariet# o$ di$$erent ,obs in di$$erent $ields Merit is te sole criteria $or selection. .ttitude is gi"en as muc 1eigt age as $unctional competencies. >anel inter"ie1s comprising o$ Functional Head % HR Head. +ources $or recruitment are troug campus) consultants) emplo#ee re$errals) internal ,ob postings and te internet. >ositions in @$$icer 4adre) EB& and M& in"ol"e 1ritten tests. .ntecedent "eri$ication is an integral part o$ our recruitment process. Medical $itness is pre=re/uisite $or all positions. 0e are an e/ual opportunit# emplo#er and do not discriminate on te basis o$ race) communit#) religion or se<. 3.2-(A) Recruitment process: . responsibilit# $or recruitment usuall# belongs to te HR department. &is department 1or*s to $ind and attract capable applicants. 3ob description and speciation pro"ide te needed in$ormation upon 1ic te recruitment process starts. &e $unctions o$ te recruitment o$$ice o$ B>L are gi"en belo1-
9. Need .ssessment 2. De$ining te position description 8. 4ec*ing te recruiting options ;. .d"ertisement F. +creening and +ort A listing .pplications 6. 0ritten test 6. +election inter"ie1 '8 A tier( 7. Bmplo#ment decision '.pplication Ban*( 9. >re= emplo#ment medical cec*=up 90. @$$er letter 99. @rientation I 5nduction 92. >lacement 98. Follo1 Aup 3.2-(A-1) Source o Recruitment : Banglades is done in $our 1a#s depending on te ,ob categor# o$ te "acant position. &ere$ore) te recruitment process o$ tis organization is classi$ied into $our t#pes) 1ic are done based on te ,ob gradeI group. &ese are as $ollo1s- Bntr#=le"el management M& 'Manager &rainee( Mid or I and +enior le"el management Eraded sta$$ I Non= management sta$$ 3nternal Source- &ere could be a person competent $or te re/uired ,ob 1or*ing 1itin te organization. 5$ tere is) te e<isting manpo1er is ten su$$led to place te selected person in te ne1 post. 5$ tere is no suc person inside te compan#) ten te management goes $or te second step. Job-posting programs: HR departments become in"ol"ed 1en internal ,ob openings are publicized to emplo#ees troug ,ob positioning programs) 1ic in$orms emplo#ees about opening and re/uired /uali$ications and in"ite /uali$# emplo#ees to appl#. &e notices usuall# are posted on compan# bulletin boards or are placed in te compan# ne1spaper. Juali$ication and oter $acts t#picall# are dra1n $rom te ,ob anal#sis in$ormation. &e purpose o$ ,ob posting is to encourage emplo#ees to see* promotion and trans$ers te elp te HR department $ill internal opening and meet emplo#ee?s personal ob,ecti"es. Not all ,obs openings are posted .Besides entr# le"el positions) senior management and top stu$$ positions ma# be $illed b# merit or 1it e<ternal recruiting. 3ob posting is most common $or lo1er le"el clerical) tecnical and super"isor# positions. Departing Employees: .n o$ten o"erloo*ed source o$ recruiters consists o$ departing emplo#ees. Man# emplo#ees lea"e because te# can no longer 1or* te traditional ;0 ours 1or* 1ee* .+cool) cild care needs and oter commitments are te common reason. +ome migt gladl# sta# i$ te# could rearrange teir ours o$ 1or* or teir responsibilities .5nstead) te# /uit 1en a trans$er to a part=time ,ob ma# retain teir "aluable s*ill and training. B"en i$ part=time 1or* is not a solution) a temporar# lea"e o$ absence ma# satis$# te emplo#ee and some $uture recruiting need o$ te emplo#er. External Source- .ll te abo"e options being considered) te compan# goes $or e<ternal recruiting i$ needed. &ose 1o best meet te s*ills) /uali$ications) e<perience and competencies re/uired $or te position sould $ill "acancies. &ere$ore) i$ tere is no candidate 1itin B>L) Banglades 1o is suitable $or te role) e<ternal ad"ertisement sould be placed to attract te potential candidates $ollo1ed b# te selection procedures. Advertisement: &e 4ompan# gi"es ad"ertisement in national dailies 'bot Bangla and Bnglis( to attract te talents $rom te mar*et. B>L) Banglades puts t1o t#pes o$ ad"ertisements in te ne1spapers. 5t sometimes *eeps te identit# concealed in te ads) mentioning a E>@ B@D number onl#. &e purpose o$ te concealed identit# is to a"oid te un1anted pressure $rom te sta*eolders $or te emplo#ment o$ teir desired candidates. But tis 1a# te compan# ma# lose te talents out tere in te mar*et 1o 1ould a"e applied $or te same post ad te# *no1n te name o$ te organization. &is is 1# te compan# *ept te identit# open in teir recent ,ob ad"ertisement 1en te /ualit# o$ te candidate 1as a "er# important $actor to consider. B# re"ealing te B>L identi$#) te compan# attempts to attract te best potentials among all te oters. Employee referrals: Bmplo#ee re$erral means using personal contracts to locate ,ob opportunities. 5t is a recommendation $rom a current emplo#ee regarding a ,ob applicant. &e logic beind emplo#ee re$erral is tat Kit ta*es one to *no1 oneL. Bmplo#ees 1or*ing in te) in tis case) are encouraged to recommend te names o$ teir $riends 1or*ing in oter organization $or a possible "acanc# in te near $uture. Employment Agency: .n agenc# $inds and prescreens applicants) re$erring tose 1o seem /uali$ied to te organization $or $urter assessment and $inal selection. .n agenc# can screen e$$ecti"el# onl# it as a clear understanding o$ te position it is tr#ing to $ill. &us it is "er# important tat an emplo#er be as speci$ic and accurate as possible 1en describing a position and its recruitment to an emplo#ment agenc#. Wal-ins and Write-ins: 0al*=ins are some see*ers 1o arri"ed at te HR department o$ B>L in searc o$ a ,obG 0rite=ins are tose 1o send a 1ritten en/uire .bot groups normall# are as* to complete and application blan* to determine teir interest and abilities. !sable application is *ept in an acti"e $ile until a suitable opening occurs or until an application is too old to be considered "alid) usuall# si< monts. !ons"lting the !# $an: &e unsolicited applications stored in te data ban* are consulted. 5$ te /ualit# o$ a person matces 1it te re/uirements mentioned in te position description) ten e I se is called $or inter"ie1. 5$ not) ten te tird step is $ollo1ed. 3.2-(B) Selection Process: +election is te process o$ gatering in$ormation $or te purpose o$ e"aluating and deciding 1o sould be emplo#ed in particular ,obs. %&2-'$() *creening and *hort-listing Applications &e responses to te ad"ertisements are sorted and screened. &e 4Cs as 1ell as te 4o"ering letters are ,udged. 5n te co"ering letter) te st#le and language o$ 1riting) te empasis put on te areas as*ed $or tin te ad"ertisements and te /ualit# o$ te letter '1eter it is speci$icall# tailored to te ad"ertisement or ,ust a standard response( are te aspects tat are ,udged. Di$$erent 1eigts are assigned to te selection criteria mentioned in te man speci$ication depending on teir relati"e importance. '$or e<ample) educational institutions li*e 5B.) B!B& are gi"en te igest 1eigt among te local ones and te $oreign uni"ersities o$ !:) .ustralia) etc. are put at par 1it te best o$ te countr#(. Based on te presence o$ tese $actors to te desired e<tent 'e<perience) educational degree) computer literac#) etc( te cumulati"e 1eigts $or all te applicants are counted and te sort list o$ a sizable number o$ te top most candidates is generated. Ho1e"er) te HR o$$icials also stud# te 4Cs 1it te respecti"e line manager to cec* 1eter an# "aluable deciding parameter is missed tat are mentioned in te 4Cs. &en te candidates selected in te sort list are called $or te 1ritten test. %&2-'$2) Written +est 0ritten test is not a regular part o$ te normal recruitment process. 5t is conducted as and 1en re/uired. >re"iousl# no 1ritten test 1as ta*en $or te management emplo#ee) te applicants ad to go directl# troug te inter"ie1 process. .$ter te introduction o$ te manager trainee program) te 1ritten test be$ore te inter"ie1 process as pro"ed to be e$$ecti"e and a use$ul tool to select te desirable candidates. &e 1ritten test includes ps#cometric test) test on bea"ioral competenc#) and 1ritten test on communication s*ills. &e candidates are called $or te preliminar# '$irst( inter"ie1 based on teir per$ormance in te 1ritten test. %&2-'$%) *election ,ntervie- &e inter"ie1 process is a tree=tier one. . preliminar# inter"ie1 is conducted 1ic $ollo1s te Kelimination metodL. .$ter tat) te second inter"ie1 ta*es place 1it a "er# $e1 number o$ candidates. &en te $inall# selected person is called $or te $inal inter"ie1. &e inter"ie1 time is *ept con"enient $or te candidate especiall# i$ sIe is 1or*ing else1ere at te time o$ inter"ie1. 5n tat case te cosen time is a$ter te business our. %&2-'$.) /eference !hec Re$erence cec*s allo1 obtaining in$ormation and opinions regarding te person?s caracter) /ualit# o$ te 1or* and suitabilit# $or te position. 5t is an opportunit# to "alidate te in$ormation recei"ed $rom te candidate "ia teir resume and te inter"ie1. +pea*ing to te candidate?s manager or oter people 1om te# a"e 1or*ed 1it sould also cec* internal candidates. &e opinion o$ a re$eree 1o as 1or*ed can $or an e<tended period is li*el# to be more accurate tan te assessment $rom one to t1o ours o$ inter"ie1ing. &e candidate?s immediate super"isors are needed to be contacted. >ermission sould be obtained to contact te candidate?s re$eree especiall# i$ teir current emplo#er is contacted. 5t is not unusual $or a candidate to be uncom$ortable 1it te organization?s spea*ing to a current emplo#er. 5$ te# are uncom$ortable) an alternati"e person oter tan te current emplo#er as to be cosen b# te candidate '1or* colleague) $or e<ample(. !nless te candidate is a graduate or scool lea"er 1it no prior 1or* e<perience) onl# contact 1or* related re$erees sould be contacted. .t least t1o re$erence cee*s sould be done) o1e"er te more te better. &ere is a sample re$erence=cec*ing guide tat is more or less $ollo1ed. 5t is important to prepare a re$erence cec* guide tat as*s te re$eree about te *e# s*ills) competencies and e<perience re/uired $or te position. Re$erence cec*s need to be done b# line manager or personnel o$ te HR department. During te inter"ie1s) te candidates 1ould a"e gi"en some e<amples o$ incidents) tas*s or pro,ects tat can be as*ed about. &e re$eree sould be as*ed 1at te candidate did in tose e<amples) 1ic ascertain 1eter te in$ormation recei"ed $rom te candidate is consistent 1it tat o$ te re$eree. +ub,ecti"e /uestions ma# not al1a#s be a reliable guideG o1e"er it can be use$ul to get te re$eree?s opinion on areas suc as /ualit# and /uantit# o$ 1or*) strengts and 1ea*nesses etc. a $ormat o$ Re$erence 4ec*ing Euide is presented in .ppendi<=9. %&2-'$0) Employment Decision 5$ te candidate as no problem 1it te stated terms and conditions o$ te ,ob and te organization mentioned and discussed in te $inal inter"ie1) sIe is o$$ered an application blan*. &e application blan* is a standard $ormat o$ emplo#ee=in$ormation tat includes all te in$ormation te organization needs regarding te personnel. &e candidate as to $ill tis blan* and submit tis to te compan# along 1it a 4C. %&2-'$6) 1re-employment 2edical !hec-"p: .$ter submission o$ te application and te 4C) te selected person as to go troug $ull medical cec*=up tat guarantees erIis p#sical $itness to per$orm te ,ob success$ull#. . medical practitioner 1o uses a p#sical capabilit# anal#sis tat assesses te candidate against te p#sical capabilities documented $or eac role conducts te medical. . medical is also appropriate $or internal candidates i$ te# are appl#ing $or positions tat re/uire di$$erent p#sical capabilities.
%&2-'$3) 4ffering the /ole: @nce te ealt cec*=up is done) te candidate is gi"en an o$$er letter speci$#ing te salar# pac*age) ,ob responsibilities) utilities tat 1ill be pro"ided b# te organization. B"en at tis stage te selected candidate as te cance to 1itdra1 erIimsel$ $rom te ,ob o$$er. sIe is al1a#s $ree to discuss 1ate"er di$$icult# ma# arise regarding pa#= structureI$acilities) etc. te door o$ HR is *ept open $or an# sort o$ rele"ant discussion. verb#l offer: &e "erbal o$$er o$ te role to te candidate is gi"en once te medical and re$erence cec*s a"e been success$ull# completed. &e discussion sould co"er te $ollo1ing- &ell te candidate tat #ou 1ould li*e to o$$er tem te role. 4ongratulate tem. &ell tem te remuneration pac*age tat is being o$$ered) including superannuating. .s* tem i$ te# are app# 1it it. .s* tem i$ te# "erball# accept te position. &ell tem tat 1e 1ill be sending tem a 1ritten letter o$ o$$er and introductor# pac*age. 7ritten letter of offer: . 1ritten letter o$ o$$er must be $or1arded to te candidate. @nce te candidate as "erball# accepted te position) te appropriate letter o$ o$$er is organized. &is letter sould be sent to te candidate 1itin t1o da#s o$ ma*ing te "erbal o$$er. .n introductor# pac*age 1ill be sent to te success$ul candidate) along 1it te letter o$ o$$er. .t least one 1ee* be$ore te person commencing in teir ne1 position) an appointment notice 1ill be placed on notice boards andIor te internet. F5E!RB- RB4R!5&5NE 25BLD >2R.M5D F@R BBD5M4@ >H.RM.4B!&54.L+) B.NEL.DB+H Number of 2an'i'ates .ccept ,ob o$$er @$$ersI.cceptance Recei"e ,ob o$$er 5nter"ie1Io$$ers 5nter"ie1 .ssessment 4enterIinter"ie1 4alled $or te assessment 4enter 0rittenIassessment center 5n"ite $or te 1ritten test +creensI5n"ites
5nitiall# screened out 4ontactsI+creens 5nitial contactsIResumes recei"ed 0HE +E2+430,EN0 1ND SE"E203%N P+%2ESS %F BP" 8 ; ; 600 ;00 9F0 22 Nee' assessment Cacanc# in e<isting post's( Mar*et e<pansion 5ncrease in production capacit# Launcing ne1 product 5ntroducing ne1 s#stem 2ec5ing te recruiting options 5nternal B<ternal 1'vertisement in National Dailies 'Bot Bangla and Bnglis( 3.3 !mplo"ee Sociali#ation Sorting 1pplications 0eigts are assigned based on te selection criteria Selection .pplication blan* $illing Medical cec*=up @$$er letter Follo6 up HR Department continuousl# interacts 1it te ne1 entrants assisting to cope up 1it te 1or* en"ironment) 1or* culture) peer group etc. 3ntervie6 >reliminar# inter"ie1- elimination process 'sort= listing( +econd inter"ie1- 1or* *no1ledge Ibea"ioral competenc# Final inter"ie1- pre=selection 7ritten test !optional# 5J test Bea"ioral competencies 4ommunication s*ills %rientation 8in'uction B<posure to all important business I$unctions and locations o$ te compan# Feedbac* report $ocusing on learning e<perience 's( o$ te induction program +ocialization is a process o$ adaptation. @rganization entr# socialization re$ers to te adaptation tat ta*es place 1en an indi"idual passes $rom outside te organization to te role o$ an inside member. B>L organize its +ocialization process o$ tree stages- 9) Pre:arrival stage- &is stage e<plicitl# recognizes tat eac indi"idual arri"es 1it a set o$ organizational "alues) attitude) and e<pectations. () Encounter stage- Here te indi"iduals con$ront te possible te dicotom# bet1een teir e<pectations and realit#. ;) ,etamorposis stage- Finall#) te ne1 member must 1or* out an# problems disco"ered during te encounter stage. &e organization gets iger producti"it#) greater emplo#ee commitment) and lo1er turno"er rates troug socialization. Bmplo#ees acie"ed reduced an<iet#) increased a1areness o$ 1at is e<pected on te ,ob) and an increased $eeling o$ being accepted b# teir peers and bosses. 0en socialization 1or*s) emplo#ees recei"e te con$idence and satis$action 1at comes $rom $eeling tat te# are members in good standing in te organization. 3.$ %raining and &e'elopment program o BPL: 3.484&5 /r#ining: . learning e<perience in tat it see*s a relati"el# permanent cange in an indi"idual tat 1ill impro"e is or er abilit# to per$orm on te ,ob. &o ma*e training a success) a trainer sould ta*e care o$ te $ollo1ing points- Ma*e learning meaning$ul. Ma*e s*ills trans$er eas# and Moti"ate te learner %&.-'A() Employee +raining 2ethod 4n-the-5ob +raining: @n te ,ob training is a training tat so1s te emplo#ee o1 to per$orm te ,ob and allo1s im or er to do it under te trainer?s super"ision On the job training is normally given by a senior employee or a manager like senior merchandiser or a manager. The employee is shown how to perform the job and allowed to do it under the trainers supervision. 1'vantages- Relati"el# ine<pensi"e &rainees learn 1ile producing No need o$$=site $acilities Dra6bac5s- Lo1 producti"it# 1ile te emplo#ees de"elop teir s*ills &e errors made b# te trainees 1ile te# learn. 1pprenticesip 0raining- 5t traditionall# in"ol"es a"ing te learner stud# under te tutelage o$ a master cra$tsperson. 3nformal "earning- &is learning process is not determined or designed b# te organization. But te organization ma# ensure it b# creating a learning en"ironment in te organization. <ob 3nstruction 0raining- Listing eac ,obs basic tas*) along 1it *e# points) in order to pro"ide step=b#=step training $or emplo#ees. "ectures- &e most simple and /uic* 1a# to pro"ide *no1ledge to large groups o$ trainees. Simulate' 0raining- 5t places te trainee in an arti$icial en"ironment tat closel# mirrors actual 1or*ing conditions. 4ff-the-5ob +raining: 5t includes- 0e 2ase Stu'y ,eto'- Here te manager is presented 1it a 1ritten description o$ an organizational problem to sol"e in a discussion 1it oter trainees. ,anagement =ame- &e manager presented 1it a computerized decisions regarding but simulated situations. %utsi'e Seminars- Man# organizations no1 are using tis popular metod on "arious aspects o$ business and management. Beavior ,o'eling- 5t in"ol"es te Modeling=Role pla#ing=+ocial rein$orcement=&rans$er o$ training. 3.$(B) &e'elopment: .n# attempt to impro"e current or $uture management per$ormance b# imparting *no1ledge) canging attitudes) or increasing s*ills. .n# e$$ort to1ard de"eloping emplo#ees must begin b# loo*ing at te organizations ob,ecti"es. &e ob,ecti"es tell us 1ere 1ere going and pro"ide a $rame1or* $rom 1ic our managerial needs can be determined. %&.-'$() Employee Development 2ethod ,anagerial %n:te:<ob 0raining- &e de"elopment o$ emplo#ee?s abilities can ta*e place on te ,ob. 5t includes- <ob +otation- 5t in"ol"es mo"ing a trainee $rom department to department to broaden teir understanding o$ all parts o$ te business and test teir abilities. 2oacing 1pproac- &e trainee 1or*s directl# 1it a senior manager or 1it te person te# are to replace. 1ction learning- Here te management trainees are allo1ed to 1or* $ull=time anal#zing and sol"ing problems in oter departments. %&.-'$2) +ypes of +raining: &ecnical &raining Management &raining +a$et# &raining @ccupational Healt Eeneral &raining 'Management) .ccounts) +ale etc.( +ocial +*ill &raining Re$reser &raining 0or*ers Bducation &raining %&.-'$%) +raining 1rocess 3'entifying te training nee's- 0at *ind o$ training is needed $or o1 man# people to 1at standard o$ per$ormance te ob,ecti"es o$ te training must be determined. 1nalyzing te attitu'es$ s5ills . 5no6le'ge!1S>#of te ?ob- Designing 1at as to be learned. %&.-'$.) 1lanning the training program 6 implementing &e stages o$ te training Recording te results >ro"iding te stu$$ and e/uipment %&.-'$0) Eval"ating the res"lts Deciding 1eter te training ob,ecti"es a"e been met 4onsidering o1 te# could a"e been met more e$$ecti"el# %&.-'$6) +raining Aids &e $ollo1ing training aids are generall# used in training programs in B.& Multi media @"eread pro,ector Flip cart 0ite board etc. 3.( Perormance Appraisal: .t B>L appraisals are done b# te Self:appraisal system. Eoals are set b# participati"e management approac and per$ormance is e"aluated /uantitati"el# against tose pre"iousl# set ob,ecti"es. Managers appraise te per$ormance o$ teir subordinates troug a @ points =rapic +ating Scale. &e total appraisal process is completel# transparent to e"er#one 1itin te organization. 9 $or unsatis$actor# 2 $or marginal 8 $or target ; $or superior F $or outstanding 3.) !mplo"ee *ompensation: Bmplo#ee compensation re$ers to all $orms o$ pa# or re1ards going to emplo#ees and arising $rom teir emplo#ment. 5t as t1o min components- 9) Direct financial payments- 0ages) salaries) incenti"es) commissions) and bonuses. &ere are t1o 1a#s to pa# directl#- 0ime base' pay- Dail#) ourl#) 1ee*l#) bi1ee*l# or montl# 1ages and salaries Performance base' pay- &ies compensation directl# to te amount o$ product te 1or*er generates. () Direct payments- Financial bene$its li*e emplo#er=paid insurance and "acations. %&6'A) 7actors infl"encing the design of compensation plan Legal considerations in compensation !nion in$luences on compensation decisions 4orporate policies and competiti"e strateg# >olic# issues a$$ecting te plan o$ an organization %&6'$) Establishing 1ay /ates Step:9 0e Salary Survey- . sur"e# aimed at determining pre"ailing 1age rates. . good salar# sur"e# pro"ides speci$ic 1age rates $or speci$ic ,obs. Formal 1ritten /uestionnaire sur"e#s are te most compreensi"e) but telepone sur"e#s and ne1spaper ads are also sources o$ in$ormation. Step:( <ob Evaluation- . s#stematic comparison done in order to determine te 1ort o$ one ,ob relati"e to anoter. 3ob B"aluation metod includes- 9) +an5ing- 5n"ol"es ran*ing eac ,ob relati"e to all oter ,obs) usuall# based on o"erall di$$icult#. &ere are se"eral steps in tis metod- @btain ,ob in$ormation $or eac ,ob Ran* ,obs b# department or in clusters +elect ,ust one compensable $actor Ran* ,obs 4ombine ratings () <ob 2lassification- 4ategorize ,obs into groups ;) Point ,eto'- . number o$ compensable $actors are identi$ied and ten te degree to 1ic eac o$ tese $actors is present on te ,ob is determined. A) Factor comparison- Ran*ing ,obs according to a "ariet# o$ s*ill and di$$icult# $actors) and ten adding up tese ran*ings to arri"e at an o"erall numerical rating $or eac gi"en ,ob. Step:; =roup Similar <obs into Pay =ra'es- . pa# grade is comprised o$ ,obs o$ appro<imatel# e/ual di$$icult#. Step:A Price eac Pay =ra'e:7age 2urves- &is cur"e so1s te relationsip bet1een te "alue o$ te ,ob and te a"erage 1age paid $or tis ,ob. Step:@ Fine:0une Pay +ates- . series o$ steps or le"els 1itin as pa# grade usuall# based upon #ears o$ ser"ice.
%&6'!) $enefits and /e-ards 1acage 5ndirect $inancial and non $inancial pa#ments emplo#ees recei"e $or continuing teir emplo#ment 1it te compan#. 0ere are several types of benefits- +upplemental >a# Bene$its 5nsurance Bene$its Cacations and Holida#s +ic* Lea"e >arental Lea"e and Famil# Lea"e Medical Lea"e Retirement Bene$its 3.+ Healt, - Saet"
%&3-'A) 8ealth Pre: employment me'ical cec5:up- &e selected person be$ore ,oining as to go troug $ull medical cec*=up tat guarantees is Ier p#sical $itness to per$orm te ,ob success$ull#. . medical practitioner 1o uses a p#sical capabilit# anal#sis tat assesses te candidate against te p#sical capabilities documented $or eac role conducts te medical cec*=up. . medical is also appropriate $or internal candidates i$ te# are appl#ing $or positions tat re/uire di$$erent p#sical capabilities. ,e'ical Facilities- Doctors are arranged to "isit eac location o$ numbers o$ times a 1ee* to pro"ide necessar# medical support to te emplo#ees. Moreo"er) te non= management sta$$s en,o# medical treatment at Hospital at compan# arrangement. Healt 3nsurance Policy- Management sta$$s en,o# ealt insurance $or sel$) spouse and t1o cildren up to 29 #ears $or ospitalization onl#. Delta Li$e 5nsurance pro"ides te insurance and te compan# pa#s te premium. %&3-'$) *afeties +HBJ +HB+ '+a$et# Healt Bn"ironment +ecurit#( + $or +a$et# H $or Healt B $or Bn"ironment J $or Jualit# 0# +a$et# and Bn"ironment 5ssues are re/uiredM &e sa$et# and en"ironment issues are re/uired because o$ te $ollo1ing reasons-
&o compl# te national la1 and order &o *eep te 1or* en"ironment sound and ealt# Ma<imum producti"it# troug emplo#ees? satis$action Helps loss pre"ention No1 a da#) sa$et# is considered as te most "ital issue $or all occupation % 1or* situation in all te de"eloped countr# o$ te 1orld. 5t is "er# good sign tat in our countr# certain organizations are also empasized on sa$et# li*e oter de"eloped countr# o$ te 1orld. +a$et# aspects are also incorporated 1it K 5MM++ >olic#L i. e.) integrated management s#stem % standard. 5t is de"eloped $rom te $ollo1ing standard. 5n ouse sa$et# o$ te B>L 'tat 1as pre"iousl# practiced( N@+. 5+@ '+peciall# $or electrode business( Bn"ironment La1s o$ Banglades Labor La1 o$ Banglades 'it comes $rom te +alt .ct '990F( ten 5ndian Labor .ct '998F( and $inall# modi$ied troug &e National .ssembl# on Banglades on 9972. From tese standards 5M++ as ta*en 86 sections under consideration. 20 sections are included $rom 5+@ and rest $rom oters. 5t sould be noted ere tat 5M++ is no1 on implementation pase and it 1ill ta*e ; to F #ears to get a sape in B44>) Banglades. !ompany *afety 1olicy 5t comes $rom te group cie$ e<ecuti"e to adapt in all te countr#. &e local 4B@ counter signs te polic# $or eac indi"idual countr# and te cop# o$ te polic# is circulated to all te le"els in te organization. +o it is te dut# o$ all te emplo#ees to empasize on sa$et#. &ere is an @at in B>L) Banglades regarding sa$et#. &at is K S1FE0B F3+S0 C D41"30B ,4S0L.&e sa$et# polic# o$ B>L) Banglades K sa$et# ealt and en"ironment managementL 1ic is signed b# te 4B@ carries certain messages $or us. 5t complies 1it te local sa$et# la1s o$ Banglades. @ne important issue o$ tis polic# is D40B %F 21+E) 5t can be described as E not to do an# ting tat ma# cause ris* to oters) properties e"en to m#sel$ and also let oter not to do e"en tat ma# azardous to imsel$ onl#. &ere is anoter planning $or empasized on sa$et#. +a$et# aspect ma# include in e"er# one?s :>5 % 4+F. &ere are some oter important points o$ te polic# tat 1e sould care and implement in our dail# 1or*. &e cop# o$ te sa$et# polic# is attaced ere1it $or te read# re$erence. Finall# it sould be noted tat B>L) Banglades not onl# belie"es te oat K sa$et# $irstL but also implements it troug teir 1or*s. Beginning o$ te orientation program 1it +a$et# Department ma# be an e<ample o$ tis practice. 3.. /oti'ating !mplo"ees in Be0imco P,arma: &e ad"antage o$ a"ing a Management b Ob!ective "M#O$ s#stem is tat e"er#one becomes Self:motivate'. B"er#one is moti"ated to acie"e) to per$orm. &e onl# callenges is to *eep te emplo#ees? moral ig in times o$ $ailure. 5n B>L) one o$ te tas*s o$ te management is counseling. Managers are tere to elp te emplo#ees to acie"e te goals) 1ic in turn *eep te emplo#ees moti"ated. .part $rom creating a ealt# 1or*ing en"ironment and ensuring emplo#ee empo1erment) B>L o$$ers a number o$ bene$its to *eep tem moti"ated. &e bene$its o$$ered b# te compan# are gi"en belo1- 9) E'ucation costs of te cil'ren () Permanent ?ob facility ;) "eave facilities A) Bearly Employee 16ar's @) Promotion F) Foreign 0ravel 6it Family %ffers 6. +are $rom re"enue etc. Chapter-4 O/2*+S: $.1 1'erall Situation o !conom" and 2ndustr": 9ational Economy: National econom# o$ our countr# as been instable $or te last $e1 #ears. Ero1t in industrial production) e<ports and remittance $rom NRB elped maintain ED> gro1t rate abo"e earlier per$ormances) toug marginall# at lo1er rate o$ 6.FN tan tat o$ 6.6N in te pre"ious #ear. &e period as o1e"er e<perienced continuous rise in prices o$ essential items. &is is primaril# attributed to abnormal price increase o$ crude oil in international mar*et. &is ad ob"iousl# negati"e impact on disposable income o$ general masses 1ose e<penditures on ealtcare 1ould decline as a resultant impact. 1harmace"tical ,nd"stry: &e parmaceutical sector attained a gro1t o$ 9F.70N during te #ear 2006 as against ;.07N during te pre"ious #ear. &e national >arma mar*et gro1t during te past $e1 #ears is gi"en belo1. &e abo"e anal#sis so1s tat te gro1t o$ te sector) toug as pro"en to be promising) as su$$ered $rom instabilit# and de"iation $rom e<pectation. 5n 2006 te mar*et gro1t rate ad drasticall# dropped. +o) it is a strenuous ,ob $or te managers in tis industr# to cope 1it tis 1a"ering situation. $.2 *ompetition: 9ational 2aret: 5n Banglades te parmaceutical sector is one o$ te most de"eloped i=tec sectors 1ic is contributing in te countr#?s econom#. &e national companies account $or more tan 6FN o$ te parmaceutical business in Banglades. B<cept Be<imco >arma oter leading companies are S/uare Parma$ 3ncepta Parmaceuticals) Navana Parma "t')$ %psonin 2emical 3n'ustries "t')$ 1ventis Parma "t'. Btc. .mong tem +/uare >arma is te mar*et leader at tis moment. B>L $ollo1s +/uare >arma at te 2 nd position. &e anal#sis o$ te t1o compan#?s $inancial data so1s tat $or te #ear 2006=2007 gross pro$it o$ B>L 1as 9$F(G$@9A$H;I(BD&( and +/uare >arma 1as ;$A*9$IH9$H*F 'BD&( . &ere are a number o$ reasons 1# B>L could not beat +/uare >arma $or te 9 st position. &e most rele"ant o$ tem are stated ere. Fe6er ,ar5ets Serve'- +/uare >arma ser"es a larger mar*et tan B>L 1ile B>L concentrates on mar*et $ocus. For e<ample) unli*e +/uare >arma B>L does not do business in te credit mar*et. &e# onl# ser"e te premium mar*et. Pro'ucing 3n?ectables- .gain B>L does not manu$acture or mar*et 3n?ectables 1ere tis is a uge mar*et. 5n contrast) +/uare >arma as a range o$ ;; in,ectables and as sold 27)279)000 units in te #ear 2006=2007. Pro'uct +ange- B>L as a $e1er range o$ products tan +/uare >arma does. B>L manu$actures onl# o"er 800 products in comparison to +/uare >arma?s o"er F00 products. ,nternational 2aret: 5n international mar*et te main competitors $or parmaceutical companies in our countr# are 5ndia and 4ina. &e callenge $aced in open mar*et competition is te scarcit# and una"ailabilit# o$ ra1 materials in local mar*et. +o) companies in our countr# a"e to import tese materials $rom abroad '5ndia) 4ina and a $e1 countries $rom Burope( at ig price. Besides) te pri"ileges o$ being LD4 as a result o$ te >atent La1 1ill no longer be in e$$ect a$ter 209F. Chapter-5 (.1 S31% Anal"sis: %pportunities !External# .bilit# to Retain Ero1t % mar*et Focus 5n di$$icult @perating +ituations .bilit# to B<ploit @pportunities o$ >atent La1 as an LD4 in 5nternational Mar*et. 0reats !External# +trong 4ompetitors in Domestic % 5nternational Mar*et. >olitical 5nstabilit# Eo"ernment % 5nternational Regulations. Rising &rend o$ Material >rice Strengt !3nternal# 9. Bmplo#ee Bmpo1erment 2. 4apabilit# to Bring 5nno"ation % product di$$erentiation 8. @utstanding >roduct Jualit# ;. 0orld 4lass >ro$essional +er"ice 7ea5ness !3nternal# 5nsu$$icient 0or*ing 4apital Not @perating in Lo1 4ost Mar*et. 5.2 9I':I'0S &': +*$OMM*:&/IO'S: .t te conclusion o$ te report 5 1ould li*e to sa# tat te B>L) Banglades as practiced te standard uman resource management. Here 5 a"e some recommendations tat identi$# a"enues $or impro"ing te uman resource management policies o$ B>L) Banglades. 9. &e compan# sould be prepared te standard uman resource planning. Because te success and $ailure o$ te organization is igl# depend on te proper uman resource planning. (. &e @MR process practiced in te organization is a "er# e$$ecti"e tool to $ill probable "acanc#. &e in Aouse circulars 1itin te group also act as a use$ul de"ice to $ind te rigt person o$ te rigt ,ob. ;) &e manager A training program o$ te compan# is a good 1a# to groom a to =be A manager $or te probable "acanc# in te $uture. &e organization sould regularl# $ollo1 tis procedure to build a producti"e and "aluable 1or*$orce. &e selection tools and procedures used in tis program a"e also pro"ided to be "er# e$$ecti"e. &o cope 1it te e"er=canging) competiti"e corporate 1orld) te organization sould 1elcome ne1 ideas as 1ell as $res Astarters to trigger inno"ati"e 1a#s to nature o"erall 1or*$orce competence. &e assessment center approac is designed to identi$# te essential e<pertise o$ te candidates tat enable to locate and select te rigt person $or a managerial. &is metod is $ormall# $ollo1ed onl# in te manager trainee selection s#stem. But tis sould also be $ollo1ed in selecting te entr#=le"el managers too. A) &e HR Department sould loo* into te matter o$ consuming more time in te process o$ calling te applicants a$ter teir responses "er# seriousl#. &e organization could control te size o$ applicants? pool b# using more clear and speci$ic statements in te ad in terms o$ te minimum educational degree) pre$erred institutions and oter necessar# criteria based on 1ic te initial screening o$ te applications 1ere conducted. @) B44>) Banglades could participate in te ,ob $airs $or teir recruitment. . considerable "olume o$ applications is dropped in te organizations as a result o$ te e<posure created in te ,ob $airs. &e organization can promote its image as a potential recruiter troug its success$ul participation in te ,ob $airs. F. &e compan# can recruited also $or campus recruiting tat could bring a #ield o$ igl# educated $res=starters $or te entr#=le"el te organization could arrange seminars in te top business scools countr#. .lso te compan# sould $acilitate online 4C=posting s#stem tat is a "er# popular and e$$ecti"e practice used b# te top business organizations. I) &e compan# sould $ollo1 bot on=te=,ob and o$$=te A,ob metod training 1en te# are training teir emplo#ees. H. &e HRD manager o$ te compan# sould be anal#zed te organizational ,obs properl#. Because ,ob anal#sis ser"es te cornerstone o$ all uman resource $unctions in an organization. +ide b# side te HRD manager sould e"aluate te di$$erent positions o$ emplo#ees in te organization in order to establis te 1ell concei"ed $or pa#=structure. G) Be$ore appraising te per$ormance o$ emplo#ees in te organization properl#) te HRD manager sould be establised te standard. Here it is noticeable tat te HRD manager sould appraise te per$ormance o$ all emplo#ees in te organization 1itout so1ing an# discrimination. 9*) &e HRD manager sould prepare te standard promotion polic# $or te emplo#ees o$ te organization. Here it is "er# muc important tat te emplo#ees sould get te promotion based on te per$ormance not te nepotism) political in$luence and 1atsoe"er. 99) &e HRD manager sould establised te standard pa# structure $or te emplo#ees o$ te organization in order to reduce te ig turno"er o$ emplo#ees. (.3 *onclusion >armaceutical 5ndustr# as gro1n in Banglades in te last t1o decades at a considerable rate. &e sector consistentl# creates ,ob opportunities $or igl# /uali$ied people. >armaceutical companies are eiter directl# or indirectl# contributing largel# to1ards raising te standard o$ ealtcare troug enabling local ealtcare personnel to gain access to ne1er products and also to latest drug in$ormation. .s one o$ leading parmaceutical manu$acturer Be<imco >arma pla#s a "ital role in te industr# as 1ell as in te national econom#. &o be success$ul) relentless contribution and dedication o$ te organizations uman resource management is "er# muc needed. &o compete in international as 1ell as in local mar*et in ad"erse situation te HR managers 1or* as become muc more di$$icult in toda#?s e"er canging business en"ironment. De"eloping plans in a d#namic situation demands critical anal#sis o$ te situation and strict adering to te core principal o$ te organization. .s Be<imco >arma is decentralized organization and core "alues are cerised b# e"er#one 1itin te organization) operating in d#namic situation is easier tan it seems. 0it te de"elopment o$ ealtcare in$rastructure and increase o$ ealt a1areness and te purcasing capacit# o$ people) tis parmaceutical industr# is e<pected to gro1 at a iger rate in $uture. Healt# gro1t is li*el# to encourage te parmaceutical companies to introduce ne1er drugs and ne1er researc products) 1ile at te same time maintaining a ealt# competiti"eness in respect o$ te most essential drugs. +o) it is a great responsibilit# $or Be<imco >arma as 1ell as oter companies in tis industr# to concentrate on /ualit# product and /ualit# ser"ice to ta*e tis industr# to1ards $urter success. &e Banglades go"ernment sould also be considerable and cooperati"e to elp te businesses $louris. 1NNEJ4+E Bibliograpy- 7ebsites- 666)beximcoparma)com 666)s/uareparma)com 666)scrib')com 666)google)com 1nnual +eports- Beximco Parma (**($ (**I$(**H . S/uare Parma (**I &e<t Boo*s- Fun'amental of Human +esource ,anagement by S) P) +obbins$ Davi' 1) De2enzo