This action might not be possible to undo. Are you sure you want to continue?
Bangladesh. 251. Square Textile receives Oeko-Tex standard 100 and ISO-9002 certificates in the year 2000. One year later the second unit was established. To provide information on practiced HRM activities focusing RECRUITMENT PROCESS.90 million. Kashimpur. The customers of Square Textile Limited are export oriented readymade Garments Industry. Today it has one of the most sophisticated vertically integrated set-ups. ♦ Objective of the Report: The specific objectives on Square Textiles Ltd. It was enlisted in Dhaka Stock Exchange & Chittagong Stock Exchange in 2002.♦ About Company: Square Textile Limited is a subsidiary company of Square Group. The Company was incorporated as a public limited company in the year of 1994. ♦ Methodology: .288 spindles in 1997. Authorized capital of the company is tk. 1000 million. Its formal office is located at Uttara in Dhaka.223 employees are working in this organization. It’s paid. of this report are: To provide Company overview. But formally it started its journey by establishing the first unit of 36. and Gazipur. The business lines of Square Textiles Limited are manufacturing and marketing of yarn. Within a very short time of span the company achieved some significant success. To provide information on R & D and SWOT analysis. The Company also exports its products to the market of Europe & USA. The factory is located in Saradaganj. 1.up capital is tk. To provide information on management level.
Workers. We also collected data from internet. General Manager. Middle level Management. ♦ Limitation of the Report: Despite of our efforts to our level best. Senior Supervisor. Manager. Lack of proper materials. Shortage of time and unavoidable condition.Asst. and Branch heads. We collected data from different published materials like daily newspaper and business magazines.To prepare this report on Square Textiles Ltd. Supervisor. Departmental heads. we had some limitations in preparing the term paper. Manager. ♦ HR Practices of the Company: . Lower level Management . ♦ Management level of the Company: According to the Figure-1 Top Management – Chief Executive Officer. These ares Insufficient collection of external and internal information. we have used SECONDARY DATA.
Recruitment Process for Executive Level . This department includes all the following parts HR Planning Job Analysis Recruitment Process Selection Process Training and Development program Compensation Performance Appraisal Communication Career Planning and Development Conflict Solution Personal Audit Organization Development Employee relationship Among all the HR practices. The HR department of Square Textiles Limited is very strong and effective. there are two types of recruitment process. In Square Textiles Limited. ♦ Recruitment process in Square Textiles: Recruitment is the process through which the organization seeks applicants for potential employment. One is for Executive level.According to the Figure-2. For this level internal and external both sources are used. And another one is for Lower level. in this report we’ll focus on Recruitment Process of Square Textiles Limited.
Promotion. Then HR department start searching files for the candidates. In Square Textiles Limited. child care needs and other commitments are the common reason. Manager interviews the candidates and the required position filled by him through the eligible candidates. at least 6 months service in their current position before they are eligible to apply and must apply individually for each job posting opportunity. Supervisors Recommendations Square Textiles Ltd. HR department publicizes open job to employees through bulletin boards. External Recruiting System: According to the Figure-4. After having the files. for the Internal Recruiting System at first the manager notifies HR department for vacancy. For this programs employee must be in good standing. . But the firm sometimes rearranges their hours of work or their responsibilities. School. Sources of Internal Recruiting Process: Job-posting programs Job posting programs includes Transfers. gives more emphasis on the supervisor’s recommendation for internal recruiting system. in Square Textiles Ltd. Departing Employees It is seen in Square Textiles Ltd that many employees leave because of having traditional 40 hours work per week. Because it believes that supervisor is the person who continuously observes the overall activities of an employee.Internal Recruiting Process: According to the Figure-3. HR department give the list of candidates to the manager. Upgrading and Demotion.
and tell those who are interested how to apply. From the entire resume HR department screens the candidates. for the External Recruiting System at first the manager notifies HR department for vacancy. Because it believes that someone who is already working for the firm is well known by the firms’ rules and regulation. o Male and female both applicants will be treated equally. Online Advertisements: . Example: General Manager.(production) o Age: 28-35 years. Then HR department posts job opening. Graduate with specialization in garment mfg technology from NIFT or equiv. o Minimum 5 years experience in similar position of a unit. And after that manager interviews the candidates and fills the required position. identify the employer. o Must have detailed knowledge on industrial engineering. Then HR gives the list of most eligible candidates to the managers. After job opening HR department start receiving bids from applicants through job resume. If you aspire to an exiting and rewarding career.In Square Textiles Limited. So he/ she will recommend someone to whom they believe. quoting your present and expected salaries to jobs. o CV must be submitted on due date. send your detailed resume. Job Advertisements: Square Textiles Limited gives Want ads in the newspapers that describe the job and the benefits. o Required training will be given. Sources of External Recruiting System: Personal Recommendation: Square Textiles Limited gives priority to the personal recommendation as an external recruiting source. We offer competitive salary which is commensurate with experience and qualification.
com Recruitment Process for Lower Level As a textile company. Example: www. So Square Textiles Ltd. then supervisor continue the next process. Worker Referrals: The workers who are already working in Square textiles ltd. refers another worker or group of workers who maintain close contacts with him/her. Recruitment sources for lower level: Walk-in Seekers: Walk-ins are some seekers who arrived at the HR department of Square textiles in search of a job. After recruiting the workers.com www.bdjobs. They come and ask for job vacancy. If it is. company gives them appointment letter and identity card which as the approval of employment. gives their advertisements at different job websites also. ♦ Research & Development of the Company: .bd. Square Textiles Ltd gives more emphasis on female worker for lower level management.Nowadays no body can think without internet.square.
These ares Freedom of Association Safe Working Conditions No Child Labor Reasonable Working Hours No Discrimination Regular Employment No Harsh Treatment. And that’s why the highest importance is given to the research and development. For Square Textiles Ltd. With the help of cutting edge technology and a dedicated team of experts composed of members from marketing.Square Textiles Ltd. In this way the . ♦ SWOT Analysis: According to the Figure-5. After starting its journey in 1998 it has already doubled the net turnover by the year of 2006. They train up their key personal within the country and in abroad. ♦ Maintained local law of the Company: Rules according to the Local Law (Bangladesh) are very well practiced in Square Textiles Ltd. understands the need for continuous evaluation. opportunity and threats. merchandising and product engineering departments. As a result it can maintain a smooth rate of production. Square Textiles Ltd. All the units of the factory enjoy higher use of machinery that is imported from Germany. Italy & Japan. spinning and finished garments production. Switzerland. SWOT is given below: Strength: Square Textiles Ltd. SWOT analysis means the analysis of strength. Well trained human recourses are strengths of the company. weakness. ensures continuous development and sampling at every stage of dyeing. is a rapidly expanding Company.
And the competition will be stiffer among the other foreign competitors like Srilanka. Product development and Diversification are also happening to cater global needs. Weakness: Square Textiles Ltd. Opportunity: There are bright opportunities for the Company in the overseas market. Competition level is increasing both in local and abroad market. ♦ Recommendation: . China. And raw materials of cotton are becoming expensive. Threats: For Square Textiles Ltd. is highly dependent on Cotton. power and interest rates are also included in weaknesses of this textile company. The HRM practice is also remarkable in Square Textiles Ltd. If it can communicate well and capture a significant market portion in the Europe and USA market. And the higher taxes. Pakistan and India are prominent. To balance between demand & supply and price & quality are also included in threats this company. Growth rate of Domestic Textile Industry is increasing. Besides this. it can be the leader in textiles fields.company can get some competitive advantages over the competitions. Sometimes transaction time at Ports and transportation time create many problems there.
it will be able to set a role model in textile industry in Bangladesh. so couldn’t recommend anything for Square Textiles Ltd. Square Textile is a successful spinning units but at the same time it is a newly Ventured Company in the respective sector.. one of the most successful spinning units in Bangladesh. *-*-*-*- EXHIBIT . Conclusion Square Textiles Ltd. Social. If it can hold it’s much toward advancement. It is primarily engaged in manufacturing high quality 100% cotton spun knit yarn for the export oriented knit fabric and knit garments manufacturers in Bangladesh. political and macro economic environment play pivotal role in this regard. But we all know that the proper nourishments of any industry require combined efforts and co-operation from several parties.As we are only students and don’t have that much proper knowledge about textile industry. But it is contributing the country and serving the nation in different ways.
1 HR Practices .Different Level of Management Figure.
Internal Recruiting System Manager notifies HR of vacancy HR searches files for candidates List of candidates given by the HR to manager Manager interviews candidates Position filled by the manager Figure-3 .
External Recruiting System Manager notifies HR of vacancy HR posts job opening HR receives bids from interested applicants HR screens candidates List of candidates given by HR to managers Manager interviews candidates Manager fills position Figure-4 SWOT Analysis .
Opportunity Expansion of overseas market Being the leader in textiles fields. Transaction time at Ports and transportation time. Growth rate of Domestic Textile Industry is increasing. Product development and Diversification Threat Foreign competitors Balance between demand&supply and price&quality.Figure -5 Strength Rapid expansion Higher use of machinery Well trained HRM department. Higher taxes. power and interest rates. Weakness Highly dependent on Cotton. .
This action might not be possible to undo. Are you sure you want to continue?
We've moved you to where you read on your other device.
Get the full title to continue reading from where you left off, or restart the preview.