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HELLO!
GROUP MEMBERS
JAMIUR RAHMAN
SHOURAV ROY
SHADIA AHMED PRANTY
HACIEVE IBN YOUSOUF
HRM ISSUES
OF ACI LTD.
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OBJECTIVES OF THIS PROJECT

By doing this project we understand the SHRM

concepts, HRM functional capabilities to select,
recruit, motivate, and retain employees & the
compensation & benefit process in the context of
management of organizations.
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INTRODUCTION
Advance Chemical Industry (ACI) Limited, is one of the
leading private company in Bangladesh. It has
multinational heritage. About more than four decades
ACI manufacturing quality medicines. In the basic
training need assessment, the company offer both on-
the-job and off-the-job theoretical and practical training
opportunities. In this training both functional and
managerial levels are including. This organization can
help to reduce the unemployment problem of our
country by increasing the job opportunity.
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METHODOLOGY
There are two categories for data collection methods:

PRIMARY SECONDARY
DATA DATA
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COMPANY PROFILE

COMPANY HISTORY
First established as subsidiary of Imperial chemical industries (ICI) in
1968.

Incorporated in Bangladesh 24th January 1973 as ICI ltd and as public

limited company.

First trading of shares took place on 9th march on DSE.

Registered in the name of Advance chemical industries and listing with

CSE on 22nd October 1995.
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PRODUCT & SERVICES

▸Four major strategic business units:

▸In pharmaceuticals - , capsule, dry powder, liquid, cream, gel, ointment, ophthalmic and inject able.
▸Consumer Brands and Commodity products: Aerosol, ACI Mosquito Coil, liquid Savlon antiseptic, savlon
antiseptic cream. 100% pure Salt, Spices products and Wheat products under the brand name of "ACI Pure". joint
ventures with world renowned products Colgate, Nivea, Tetley, Godrej & Dabur in Bangladesh.
▸Agribusiness:
 ACI Seed
 ACI fertilizer
 ACI Motors
 ACI livestock and Fisheries
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THE SELECTION PROCESS

It’s a five step process

Collecting of Screening and short

Written test
applications listing candidates

Selection interview Employment

decision
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In-house training

 On the job training

 Job rotation
 Day long training
 Monthly seminars
 Strategic learning road map
 HR information system
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EXTERNAL TRAINING
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SHRM

Importance:
• Improvement of customers life
• offering quality products
SHRM Aim:
• Recruitment of employee company wants
• Implement business development
Benefits Of SHRM:
Understanding kind and quality of manpower required
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LABOUR RELATION

 To end discrimination in the

workplace.
 Abolition of child labor
 To eliminate the use of forced
and compulsory labor.
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14 ACI USES 3 TYPES OF APPRAISING METHOD

ACTION PLAN KPI

BALANCE SCORE CARD

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COMPENSATION & BENEFITS

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COMPENSATION & BENEFITS

 WORKING ENVIRONMENT
 FESTIVAL BONUSES
 MOBILE BILL POLICY
 MEDICAL FACILITY
 MATERNITY LEAVE
 LOAN & INCREMENTAL FACILITY
 PERFORMANCE & SALES BONUS
 LEAVE FAIR ASSISTANCE BONUS
 DIVERSIFIED WORKING OPPURTUNITIES
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PROVIDENT FUND

Provident fund offers to any employee but he/she has to be a permanent employee. The contribution of
provident fund is 8% of the basic salary from both sides. That means company give 8% as their provident
fund and other 8% cut out from their basic salary. If an employee works there for 5 years they will get the
full amount but if they work less than 2 years then he/she will get only 8% provident fund which is cut
down amount from their basic salary. They will not receive another 8% from company.

1-2 years 8% (Cut down from basic Salary)

 
More than 2 8 %( Basic Salary) + 8 %( From
years company) + Govt.
Interest
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Example:
Executive basic pay – 20000

Employee contribution – 8% of the basic pay

Employer contribution-8% match

Annual increment- 10% of basic

1st year 2nd year 3rd year 4th year 5th year
Employee Employee Employee Employee Employee
contribution contribution contribution contribution contribution
=(1760*12) =(1936*12) =
=(1600*12) =21120 = 23232 (2129.5*12) =(2342.4*12)
=19200 Employer Employer =25555 =28109.4
contribution contribution Employer Employer
Employer =21120 = 23232 contribution contribution
contribution = 25555 = 28109.4

=19200
Total =38400 Total=42240 Total =46464 Total= 51110 Total = 56218.8
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GRATUITY FUND

LEVEL 1 LEVEL 2 LEVEL 3

MORE THAN 11 MORE THAN 15

MINUMIM 8
YEARS YEARS
YEARS GRATUITY =100% GRATUITY=200%
GRATUITY =50% OF BASIC OF BASIC
OF BASIC SALARY* NO. OF SALARY* NO. OF
SALARY* NO. OF YEARS WORKED YEARS WORKED
YEARS WORKED
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RECOMMENDATION

Most of the benefits such as loan, leave fair

They should also include better salary
ACI should
assistance areprovide
given tosome facilities
mid-level to lower
managers so
level employees
scale so that no candidates leave the
ACI should provide some facilities for
company.
executives.
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THANKS!
Any questions?