TO OUR PRESENTATION SESSION

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• TO OUR PRESENTATION SESSION

Daffodil International University
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• HR Practice in Bangladesh
• A Study on
• Brac Bank Linited

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• Prepared for
• Md. Abu Jafar
• Faculty of Business Economics
• Daffodil International University
• Uttara Campus

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• Prepared By DIU STARS
• Nymoon Nahar Shathi
  121-14-302
• Roksana Yesmin suma
  122-14-324
• Sinthia Bari
  122-14-328
• Syed Minnat Hossain 122-14-320
• Md. Salauddin
  122-14-347

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After reading this chapter, you should be able
to

• Objective, and Methodology of this report
• Brief Activities Of HRM
• SWOT Analysis
• Relationship of effective HR practice and
  organizational success
• Conclusion

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Introduction
Banks are financial institutions which deal in
money. It takes in money from those who are not
using them at the moment and lends it to those
who are in a position to use them for production
purpose. The HR Strategy encompasses
organizational development activities, which aim
to improve the Banks capacity to achieve greater
effectiveness, including improved quality of
service. HR practices and their relationship with
organizational success which are personnel
selection, performance appraisal, incentive
compensation, job design, grievance procedures,
information sharing, attitude assessment,
labor-management participation, recruitment
efforts, employee training and promotion
criteria. These HR practice in very important to
achieve organizational success and these
practices have positive relationship with
organizational success.
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Objective of this study

• The main purpose of the research is to measure HR
  Practice of BRAC Bank Limited is the survey
  method.
• The main objectives of the study are as follows
• The broad objective of the study is to prepare
  report on HR Practice of BRAC Bank Limited.
• To identify the HR practice Process of BRAC Bank
• To identify human resource management of BRAC
  Bank
• To get a clear concept about effectiveness of HR
  practice and the limitations of HR management of
  BRAC Bank Ltd

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Methodology of this study
Our report is the HR practice in Bangladesh A
study Brac Bank Ltd. will be mostly qualitative
in nature. The study will take place in Brac
bank. To fulfill the objectives of this study
total work is divided into two major parts like
Secondary sources and Primary sources. The
sources are shown in the following table
Types of Information Sources of Information
Primary Information Face to face Interviews Phone interviews etc
Secondary Information Internet, printed materials related to study area Books, journal, internet, reports etc.
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Limitation of this study

• To prepare a report on the topic like this
  in short time duration is not very easy task. In
  preparing this report some problems and
  limitations have encountered which are as
  follows
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• Limitation of time
• Data insufficiency
• Lack of records
• Lack of Fund
• Fear of disclosure

Finally, this is the researcher first experience
on job, so there may arise some faults in this
report though the researcher have tried his level
best to over come the problem.
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Background of Brac Bank
BRAC Bank Limited, with institutional
shareholdings by BRAC, International Finance
Corporation (IFC) and Shore cap International,
has been the fastest growing Bank from 2004 to
2007. The Bank operates under a "double bottom
line" agenda where profit and social
responsibility go hand in hand as it strives
towards a poverty-free, enlightened
Bangladesh. Today, BRAC has emerged as an
independent, virtually self-financed paradigm in
sustainable human development. Founded in mid
2003, Shore Cap has a current base of 28.3
million in capital commitments and seeks to
support the growth of development finance
institutions in Africa, Asia and Eastern Europe.
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Mission vision of Brac Bank

• Mission Statement
• One Of Mission Of Brac bank Ltd is
• Sustained growth in 'small Medium Enterprise'
  sector
• Vision Statement
• Building a profitable and socially responsible
  financial institution focused on Markets and
  Business with growth potential, thereby assisting
  BRAC and stakeholders build a "just, enlightened,
  healthy, democratic and poverty free Bangladesh".

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Human Resource Division in Brac Bank
BRAC Bank Ltd has a small but strong Human
Resource team. They are devoted to deal with the
followings HR planning Recruiting,
selecting Orientation and socialization
Training and development
Compensation, employee benefit Placement and
performance appraisal of employees
Disciplinary actions Employee welfare
program

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HRM Practices in Brac Bank

• The overall HR practice of BRAC Bank Ltd are
• HR Planning of BRAC Bank
• Job Analysis
• Job requirement
• Job Description
• Recruitment Selection

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HRM Practices in Brac Bank

• Employee training Development
• Performance appraisal and promotion
• HR Compensation Activities
• HR Controlling Activities

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SWOT Analysis
Strength
Weakness

• Lack of competitive power of salary scale
• Lack of adequate marketing (advertising and
  promotion) effort
• All branches dont provide online services

• Company reputation and goodwill
• Experienced and efficient management team and
  human resource
• Good services
• Larger corporate client base

Threats
Opportunity

• Frequent changes of banking rules by Bangladesh
  Bank
• Market pressure for lowering of interest rate of
  debt
• National and global political unrest

• Automation of transaction processes and online
  branch banking
• Regulatory environment favoring private sector
  development

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Effective HR Practice Organizational Success
These HR practice are very effective to improve
performance. By this practice they can collect
capable and effective employee. Its compensation
and benefits even punishment help to receive the
best efforts from employee.

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Recommendation of the study

• The HR recruiting, selecting, training and
  development process should also be improved among
  the other branches outside Dhaka.
• Off the job training should be increased.
• The process of selecting, training, and
  maintaining human resources should be more
  systematic and reliable so that a round outcome
  can be achieved.
• Customer service skill are needed some
  improvement and effective steps should be taken
  to provide none stop service related training as
  early as possible.
• Attractive salary scale should be introduced to
  attract experienced and skilful HR employed in
  the other organization.

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Conclusion
It is HR which upholds the success of an
organization and makes the organization as an
ideal renowned organization. The BRAC Bank ltd is
one of the renowned private commercial bank in
the banking sectors of Bangladesh. Human Resource
function is to be designed to attract, obtain
retain and maintain the qualified workforce to
meet the future organizational needs and
challenges. Through efficient handling of HR
practice in the banking sector can successfully
continue its operation. HR practice confirms the
each goal of an organization those fulfils the
mission as well as the vision of the
organization.

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