Organizational development through performance & reward in Kazi Farms Limited

Abstract

Kazi Farms Limited is one of the biggest organizations in the poultry industry of Bangladesh. Even being a local company, they have been able to make a name for themselves globally. Kazi Farms Limited has three major parts of their organization being Kazi Farms Limited, Kazi Media and Kazi Food Industries Limited. Almost 225 organizations are being functioned under the name of Kazi Farms Group and over 8800 employees are needed to function all these organizations. Kazi Farms was established in 1996 and it has never looked back since. The Human Resources Practices & organizational development through performance and reward play a vital role in the prosperous part of Kazi Farms. I have seen the job satisfaction of the employees within my stay from February 01, 2023 to April 30, 2023 in the company. We all know and understand that if the employees are satisfied and motivated then it would only bring fortune for the organization. Being at the head office of the company in Dhanmondi, seeing the management work for employees all over Bangladesh has given me a new perspective and respect of how carefully they do their jobs. This paper discusses the various types of enterprises operated by Kazi Farms Limited, as well as their various functions. Kazi Farms Limited's organizational development through performance and reward program strives to boost staff productivity and job satisfaction by recognizing and rewarding top performers and giving chances for professional development. This report includes a summary of the study's methodology, including data collecting and analysis. The study's findings highlight the program's favorable influence on employee engagement, retention, and job performance. The report continues with a number of recommendations for further strengthening the program, such as broadening the variety of performance measurements, including employee feedback into the performance evaluation process, and increasing chances for employee growth and development. Overall, Kazi Farms Limited's organizational development via performance and reward program has been successful in developing a healthy work culture and boosting employee performance, and the recommendations presented can assist the business in building on this success.