A comparative analysis of HR practices at Bashundhara Group

Abstract

Bashundhara Group, one of the largest corporate and manufacturing companies in Bangladesh which has the top HR Department plays a crucial role in their current strategic development and growth. BG has been handling and improving this HRP since 1987 by including both centralized and decentralized recruitment procedures. They're HR Team mainly focuses on the systematic recruitment and selection process in which they offer cultural value, company's objectives alignment, innovative training programs, performance management and employment management relations. The main purpose of this report is to acquire and share knowledge of the HRM process and practices of BG in the dynamic business environment of today. This HRM process talks about all HRM activities, policy and standards HRM operations of Bashundhara Group. The HR and Admin department of BG dedicated themselves to improve their greater growth of their employees through mass communication, decision-making engagement activities and critical situations handling procedures. As a result, these methods boost up their individual and teamwork skills which result in sustainable success for the whole company. This paper describes the worth of a HRM system for the largest corporate organization, where they see employees as an effective resource for the company by managing them with the right position at right time and with right quantity. In the present time with our competitive market and economic situation it's really hard for big companies to sustain so long that's why they're more focusing on HRM analysis and development as HRM plays a significant role in managing employee responsibilities, selection of the right people, training and development for the company.