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Chapter 1
Introduction
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1.1.Introduction
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Society and economy have changed significantly during the twentieth
century. The trend has got significance and will impact on the labor force as
it enters the twenty first century. Corporations recognize the importance of
human resource. Firms can better utilize skills and talents of their
employees, resulting business benefit from better human resource
management. Therefore proper practice of HRM can create visionary
leadership for its top management positions.
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7. Lastly to provide recommendation on some effective measures in
improving HR practices of OCIL.
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Chapter 2
Literature
Review
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2.1.1 Human Resource Management
Following objectives are important which can fulfill the success the
HRM
1. To develop efficiency and skills of employees
2. To ensure effective performance of employees
3. To change the behavior of employees
4. To train up subordinates
5. To increase job satisfaction
6. To attract good people
7. To make effectiveness
8. With a view to produce good people
9. For proper use of Human Resources
10. Co-ordination among different sections of the organization
11. To develop working condition in the organization
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2.1.4 Environmental Influence
Activities in HRM conceded with sourcing and hiring qualified employees. The
staffing function includes:
Human Resource planning
Job Analysis
Recruitment
Selection & Interview
Definition:
Human Resource Planning may be expressed as a process by which the
organization ensures the right number of people, right kind of people,
at the right place, at the right time doing the right things for the achievement
of goals to the organization.
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2.2.1 A. Manpower planning method:
It includes
1. Job analysis & its different methods
2. Steps of job analysis
3. Purpose of job analysis
1. Benchmark positions
2. Determine how you want to collect the job analysis information
3. Seek clarification, whether Necessary
4. Develop the first draft of the job description
5. Review draft with the job Supervisor
1. Job descriptions
2. Job specifications
3. Job Evaluations
2.2.3. Recruitment:
Recruitment is the process of discovering potential candidates for actual or
anticipated organizational vacancies. Or, from another perspective, it is a
linking activity bringing together those with jobs to fill and those seeking
job.
2.2.3. A1. Sources of Recruiting:
A. The internal Search
B. The External Searches
a. Advertisements
b. Employment Agencies
c. Schools, collages, and Universities
d. Professional organizations
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e. cyberspace Recruiting
f. Unsolicited Applications
2.2.4 .Selection & Interview:
Definition of Selection:
2.3. Development:
It includes Employee Training, Employee Development & Management
Development.
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Generally focuses on future jobs in the organization.
Management development:
Four processes have been found to determine the influence a model will
have on an individual:
A. Attention processes
B. Retention processes
C. Motor reproduction processes
D. Reinforcement processes
Basics of instruction
- Prepare
- Present
- Try out
- Follow up
Essentials of learning
- Motivation
- Understanding
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- Participation
- Application
1. Classroom lectures
2. videos and films
3. Simulation exercises
4. Compute based training
5. Vestibule training
6. Programmed instruction
1.Job Rotation
2. Assistant to position
3. Committee Assignment
4. Lecture Courses and Seminars
5. Simulations
6. Outdoor Training
2.4. Motivation
2.4.1. Definition:
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Motivation is a psychological characteristic that contributes to a person’s
individual that urges him or her towards Goal oriented action.
The motivation process which begins with inner drives and needs that
motivate the individual to work towards certain goals which the individual
has chosen in the belief that chose goals will satisfy the inner drives and
needs. Employee motivation is of crucial concern to management, mainly
because of the role that employee motivation plays in performance.
Basically, performances determined by
- Ability
- Environment
-Motivation
1. Management by objective
2. Participation management
3. Monetary incentives
Besides these following suggestions are also important:
1. Flexible working hours
2. Quality of working life
3. Effective criticism
4. Job enrichment
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5.
2.4.5. performance Appraisal
2.4.5A. Definition of performance appraisal:
1. Leniency Error
2. Halo Error
3. Similarity Error
4. Low Appraiser Motivation
5. Central Tendency
2.5.Maintenance :
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It is to create a congenial environment and working condition where worker
feel comfortable to work and maintenance continues commitment to the org
with satisfaction.
The main functions that require confirming Maintenance are:
a. Compensation Administration
b. Benefits
c. Employee discipline
d. Safe and Healthful working condition
e. Satisfactory employee/ Labor Relations
f. Collective bargaining.
There are several ways to classy rewards. We have selected three of the
most typical dichotomies:
A. Intrinsic versus Extrinsic Rewards
B. Financial versus Non financial Rewards
C. Performance based versus Membership based Rewards
Once the job evaluations complete, its data generated become the nucleus
for the development of the organizational pay structure. This means pay
rates or ranges will be established that are compatible with the ranks,
classifications, or points arrived at through evaluation wage surveys, wage
curves, are used for generation the wage structure.
2.5.2. Benefits
2.5.2.A. Definition of employee benefits :
when an organization is designing its overall compensation program, one of
the critical areas concern is what benefits should be provided, Today’s
workers expect more than just an hourly wage or as alary from their
employer; they want additional considerations that will enrich their lives.
These considerations in an employment setting are called employee benefits.
A. Societal Objectives :
-To urban nation of interdependent wage earners
- To help provide security
- Receive most benefits favorable tax treatment
B. Organizational objectives
Reduce Fatigue
Discourage labor unrest
Satisfy employee objectives
Aid recruitment
Reduce turnover
Minimize overtime costs
C. Employee objects :
The real advantages to employees of employer provided benefits are lower
costs and availability.
2.5.2.C Categories of benefits and services :
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Most companies today offer a wide variety of benefits, especially larger
companies. Some of the benefits are compulsory. For the composition of
benefit plans there are many major categories of benefit plans may be
offered. They are as follows
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Chapter 3
Institutional
Background
of OCIL
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3.1 OCIL Brief history
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Antiseptic and Disinfectants, Cholagogues & Hepatic Protectors, Vitamins,
Minerals & Haematinics, Anti-Parkinsonism Agent, Corticosteroids .
3.6 Export :
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Chapter 4
Human Resource
Management
practice in OCIL
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4.1.1.Introduction:
4.1.3Employment principle :
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OCIL recognizes that each employee irrespective of gender is entitled to be
treated with courtesy and dignity. Each employee is entitled to fair wages,
job opportunities, in return for good job skills, cooperation, loyalty and best
efforts. The organization will demonstrate its commitment to protect the
employee's organizational rights so as to improve and increase employee's
motivation. OCIL is committed to develop its Human Resources to achieve
the organization's mission and goals.
Casual Status: Persons who are hired on daily basis for particular
assignment and the daily wage amount is fixed based on the person's skills
and abilities to perform the duties and the payment will be made as per his /
her request on daily, weekly or monthly basis.
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The Recruitment and selection is the major function of the human
resource department and recruitment process is the first step towards
creating the competitive strength and the recruitment strategic advantage for
the organization Recruitment process involves a systematic procedure from
sourcing the candidate to arranging and conducting the interviews and
requires many resource and time.
In today’s rapidly changing business environment, a well defined
recruitment policy is necessary for organizations. There fore, it is important
to have a clear and concise recruitment policy in place, which can be
executed effectively to recruit the best talent pool for the selection of the
right candidate at the right place quickly. A clear and concise recruitment
policy helps ensure a sound recruitment process.
Short listed applicants may be called for interviews and suitable testing.
No candidate, in house or external, is guaranteed an interview.
OCIL may undertake some or, all of the following tests or adapt any
other appropriate devices in selection process.
– Written test
– Interview
– Practical operation / technical test
The HR department will contact the candidates by letter for appearing in
the test / interview. All travel expenses or loss due to appearing in the test
/ interview is the responsibility of the applicant.
The interview panel or selection committee will be comprised usually of
three to four members – which will include the Line Manager. For the
selection in senior positions the MD will also be in the panel in the final
interview. If deemed necessary an external person may be included in the
panel.
During the final interview panel members will make an assessment /
rating for each candidate
4.2.5. Selection:
The selection committee will discuss about each candidate among
themselves and recommendation panel will put its recommendation /
approval about the selection with signature.
OCIL shall issue Identity card to all regular staff and contractual person.
The ID card will be issued (signed by Head of HR or his designate) and
controlled by HR department. The employees will provide a receipt for
the same.
4.3.2. Development:
Income Tax of employees, whose salary falls within the taxation limit
according to the existing income tax rules by the Government, shall be borne
by OCIL. OCIL will submit full particulars in support of income tax
payment to GOB and copy of all relevant documents to the concerned
employees.
4.4.6 No Increment:
An employee will not be eligible for annual increment if his / her
performance is found unsatisfactory in the appraisal. In such case the
concerned manager must state the reasons for not approving the increment
and the action are consented by the MD.
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4.4.7. Merit Performance Increment:
As a very special case OCIL may award a merit performance
increment to a staff by awarding more than one step increment of his / her
outstanding performance provided that the Line Manager recommend so
through the performance appraisal and the following criteria are met:
- Employee has demonstrated outstanding performance throughout
the year;
-Appraisal reflects quality performance of the employee
-Employee possesses strong personal attributes for successful
performance
- Employee has provided exemplary inputs and contributes to achieve
unit / department / program objective.
Probationary staff will not be eligible for this increment. However, if a staff
is confirmed before three months of the due date for increment and his / her
performance is rated such outstanding, the management may consider the
merit performance increment for him / her effective form the date of
confirmation.
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4.4.10 Gratuity Benefit:
All regular employees are entitled to gratuity benefit from the date of regular
employment with OCIL. when she / he resigns or is terminated, retrenched,
or on is / her retirement or death after a minimum of seven year's continuous
service (without break of or loss of lien) with OCIL. Gratuity will be
calculated at the rate of one month basic salary.
The system is a year-round process for one Fiscal Year having several
inter-related and integrated components in it. The three phases of the system
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are objective setting, performance monitoring & coaching, and performance
evaluation.
Outstanding:
Very Good:
Good:
The employee meets job performance requirements in many areas and fails
to perform in some small areas. In the performance Appraisal Form the
Good Performance will be rated as (C +).
Satisfactory:
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job satisfactorily. In the performance Appraisal Form the Satisfactory
Performance will be rated as (C).
Unsatisfactory:
The employee does not meet job requirements. Initiative, outputs, and work
quality do not always meet requirements. Employee needs improvement in
one or more aspects, which are critical to the position. . In the performance
Appraisal Form the Unsatisfactory Performance will be rated as (C-).
4.5.7.Unsatisfactory performance:
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-Lack of interest in job (seen only as a regular sources of
income)
-Lack of motivation by superiors
-Lack of clarity of organization's aims and objectives.
4.6.1 Objective:
For minor offence, a meeting may be held between the concerned employee
and her / his Line Manager to resolve the problem as soon as possible after it
occurs. Head of HR may issue a letter of caution to concerned employee for
her / his minor offence.
4.6.3 Misconduct:
After found guilty of minor misconduct but not deemed fit for dismissal, the
employee shall be subject to following actions
-In first offence, a warning letter will be issued describing the offence
and / or that performance should improve over a specified period;
-On any further offence, or in the lack of improvement over specified
period of time, employee shall be issued a final warning letter;
-Any occurrence of offence after final warning letter may result in the
dismissal of the employee after the disciplinary procedures is followed.
4.6.5 Investigation:
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Any allegation against an employee shall be informed in writing to the
HR Department. The Head of HR if deemed necessary will designate a
person to investigate into the matter and to submit a written report on his /
her findings.
4.6.8 Actions:
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Grievance is a state of dissatisfaction, expressed or unexpressed, written
or unwritten, justified or unjustified having connection with employment
situation.
OCIL will ensure that:
-Employees understand the OCIL'S grievance procedure
-Employees are aware that no reprisals will be taken against them for
using the procedure.
4.6.9 Dismissal:
Annual Leave is meant for rest and recreation for employees. Company will
grant 15(fifteen) days leave per year for each completed year of service.
-An employee shall be eligible to Annual Leave on completion of one-
year continuous service with the company.
-An eligible employee applies for leave as per roster but can not be
granted by the department due to exigencies of work, number of days of
applied leave (part or full) shall be credited to his account and be given
encashment at the end of year.
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be treated as leave for the purpose of counting the total number of days of
leave.
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Chapter 5
Data Analysis and
Interpretation
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Results from the questionnaire
5.1.1.Do you think OCIL practices a sound recruitment and
selection process to attract qualified job applicants?
90
80
70
1 Yes 90 % 60
50
Series 1
2 No 10% 40
30
20
10
0
1 2
1 Yes 100% 1
2 No 0% 2
1 Yes 70% 1
2 No 30%
2
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5.1.4.How would you rate the performance appraisal system of
OCIL on a scale of 1 to 5?
70
60
1 Good 65% 50
2 Neutr 20% 40
Series1
30
al 20
3 Bad 10% 10
4 Worst 5% 0
1 2 3 4
1 Well 50 % 1
2
2 Bad 50 %
The answer to this question was a 50-50 split. 50% said objectives and
policies were well communicated, while the other 50% thought it was
not, so from this answer it can be noted that OCIL needs to communicate
their objectives and policies more clearly to their employees.
70
60
1 Yes 76% 50
2 No 24% 40
30
Series1
20
10
0
1 2
5.1.7 How satisfied are you with the recruitment and selection policy
OCIL?
5.1.8 How satisfied are you with the pay scale Of OCIL?
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Dissatisfied 28 % 35
30
Neutral 30 % 25
20
1
2
Somewhat satisfied 40 % 15
3
4
Very Dissatisfied 2%
10
0
1 2 3 4
5.1.9 How satisfied are you with the training and development policy of
OCIL?
Dissatisfied 46 % 49
Neutral 24 % www.AssignmentPoint.com
1
2
Somewhat satisfied 20 % 3
4
Very Dissatisfied 10 %
Interpretation: Here we find that 46 % employee Dissatisfied, 24 %
employee satisfaction level Neutral, 20 % Somewhat satisfied and 10 %
employee very Dissatisfied in the training and development policy of OCIL.
5.1.10 How satisfied are you with the performance Appraisal system of
OCIL?
Dissatisfied 30 %
Neutral 35 % 1
Somewhat satisfied 23 % 2
Very Dissatisfied 10 % 3
4
Extremely satisfied 2% 5
Interpretation: In 20
Complicated procedure 26 % answering this 15
Supervisor Based 20 % question, 30% of the Series1
16 % respondents thought
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Management giving
importance to PMS that the performance 5
Dissatisfied 0% 70
Neutral 21 % 60
1
50
Somewhat satisfied 71 % 40
2
3
Very Dissatisfied 4% 30 4
5
Extremely satisfied 4% 20
10
0
1 2 3 4 5
1 Yes 35%
2 No 65%
1
2
5.1.14 Which area of Human resource of OCIL is most weak and needs
to make major changes?
In this question, there were 3 options for the respondents to answer from
and these were
A. Training
B. Promotion
C. Performance appraisal system
An overwhelming 100% of the respondents selected training as the area
most weak and needs to make changes to improve.
100
80
60
40 1
20 51 2
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0
1
S1
2
Satisfied 85%
Dissatisfi 15%
ed
In this open ended question, almost all employees said they thought training
and development needed to be improved they also suggested better
compensation packages for trainer who have excellent teacher rating.
promotion was another aspect that came up and many felt that the
promotions should be based on academic record, foreign experience,
working experience and credentials, publications etc, Some suggested that
the HR policies of OCIL should be updated and properly maintained
keeping in mind the changing global and domestic environment and the
competition of other private companies.
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1. OCIL has very little training and development policy for new recruits.
We find that 70 % answered positively and 30 % answered negatively in
this regard in paper they are supposed to give on the job training and job
orientation, but in reality this is not happening very often.
5. Most employees felt pay scale needed to be improved and updated. only
40% were somewhat satisfied with the pay scale
7. OCIL is a reputed Company, But it is not doing very much to enhance its
image, some staff felt that OCIL can do more to enhance their image.
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Chapter 6
Recommendation
and Conclusion
6.1. Recommendation:
6.2. Conclusion:
Human Resource management (HRM) is the part of the organization that is
conceded with the people dimension of management and its goal is to help
the administration to build up a strong, energetic and dedicated staff.
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HRM deals with human relations of an organization starting from
recruitment to labor relation But many CEOs of Bangladeshi firms &
institutions are now striving, because standing at the threshold of the twenty
first century, employees of our country have become ore conscious about
their rights and try to have a drastic change in their behavior of exploiting
the best possible opportunity.
In OCIL, personnel & Human Resource division is not a very new concept
in the administrative set up. The HRM department should strive to enhance
their training and development program. Make their salary and pay scale
more competitive.
OCIL is doing well in areas like recruitment and selection and promotion
and they have been able to make employees satisfied with the workplace.
100% of the employees mentioned they would recommend OCIL to others
as a good place to work. It is clear that OCIL has been able to create a bond
between their employees and management. OCIL should strive to maintain
all these positive aspects and improve the quality of work environment for
all employees.
Now should focus on building an image and promotion their values through
more active advertisement, so they become a brand among private
companies. The strong reputation of OCIL can help in this aspect, some
funding in marketing and promotion can help a lot in this aspect and finally,
OCIL should focus on visionary leadership for its top management
positions. Because only the visionaries can create vision in others and make
their dream true.
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