Hr Practice in Ready Made Garments Industry

Research paper: HR Practice In Ready Made Garments Industry (Panorama Apparels Ltd. and Millennium Garments Ltd. ) TABLE OF CONTENTS Executive Summary 5 Introduction 6 Methodology6 Scope and Limitation 8 Formal Report (Company A) 9 About The Company9 Size and Activities of HR Department 9 Their Overall HR Practice11 Recruitment 11 Selection 14 Training and Development 15 Compensation Policies and Practices17 Performance Appraisal21 Formal Report (Company B)22 About The Company22 Their Overall HR Practice22 Size and Activities of HR Department 23 Recruitment 24 Selection 24 Training and Development 24Compensation Policies and Practices25 Performance Appraisal26 Findings27 Recommendation 29 Conclusion 29 Appendix 30 Executive Summary: In this research project we attempted to focal point of the HR practice of RMG part in Bangladesh. We led study in two articles of clothing (Panorama Apparels Ltd. and Millennium Garments Ltd. )and we attempted to discover their general practice. In this examination report, we have attempted to incorporate all the elements we thought fundamental for recently referenced title. We have broke down the components dependent on administrative speculations and administrative key capacities with the proposed alternatives. e likewise attempted to discover there is any issue with our little HR information we gained from this course. Prologue to the Report: This report is set up as a necessity of the course â€Å"Human Resource Management We chose MILLENNIUM GARMENTS LTD and PANORAMA APPARELS LTD. chipping away at these associations we came to know different Kind of HRM practice which are use here. In this report we have followed the rules given by the instructor. Here we have entrusted the HRM practice as well as the showcasing, the board, account and operational territory of the Company.The expansive target of this report is to give an outline of HRM practice in Garments Sector of Bangladesh. The particular targets of this report are: †¢Ã‚ To give Company review †¢Ã‚ To give advertise outline and examination †¢Ã‚ To uncover operational, the board and HRM arranging. †¢Ã‚ Discuss all HRM practice Methodology: We directed an example review with a poll (see index) . We gave our duplicates of survey among the irregular examples representatives and laborers and gathered after they had topped it off with their comments.To set up this report we have gathered information from various distributed materials. At that point we have directed an auxiliary report. After that we have arranged a poll and took talk with one of the official serving in this Company. We likewise gather information from web. Along these lines we gathered essential information. Consequently we have utilized both essential and optional report to set up this report. With our review and meeting results we discovered some key focuses that are talked about in the following segment. Degree and confinement: Actually we have gathered data by esse ntial and optional data.During gathering data we have confronted a few issues. At the point when we went at pieces of clothing, we needed to sit tight commonly for gathering data. What's more, we search web, web speed is low. Another point is that lab PC doesn't work appropriately. We have broke down the variables dependent on administrative speculations and administrative key capacities with the proposed choices and the occasions however not many things may be overlooked because of our restricted information and access of data. We are constantly arranged to give any sort of data or archives to you on your demand.Formal Report Company A (MILLENNIUM GARMENTS LTD. ) an) About the organization Millennium Garments Limited was built up with a dream to fabricate a top notch pieces of clothing house to match the best in South East Asia. The Company was set up in September of 1998 by buying and assuming control over a current articles of clothing organization which had been running since 19 92. Thousand years Garments Limited spends significant time in the assembling of top notch men's shirts. The company’s shiny new hardware incorporate profoundly particular gear required in the gainful' of excellent shirts.Millennium Garments additionally takes orders for cushioned sewed shirts women's dress, pajama sets and robes. The organization as of now sends out its articles of clothing to its clients in Canada, Germany, Belgium and Netherlands. Processing plant Product is 100% fare orientated instant articles of clothing from woven textures, Production Capacity 150,000 pieces/month. 1223 representatives are working in this association the organization is situated in Delwar Complex (fifth to ninth Floor) 26, Shahid Nazrul Islam Avenue, Dhaka 1203, Bangladesh. b) Size and exercises of HR Department Human asset arranging MILLENNIUM GARMENTS LTD. as an individual and managerial Department. Thousand years GARMENTS LTD. is perhaps the greatest boss in Bangladesh. The all ou t number of businesses in Bangladesh. The all out number of workers is 1,223. For the representatives there is deliberate in house preparing in home and abroad. To spur the representatives, alongside pay and advantages the organization gives different offices like free suppers , free transportation , 24 hour clinical focus , on location sports . A creation and settlement office incorporates full time gracefully of safe drinking water, sufficient lighting and ventilation offices from sheet.The whole administration process involves the accompanying units: Executive Management: The Managing Director, the CEO is the leader of the Executive Management Team which contains senior individuals from the Management Apparatus. Inside the restrictions of appointed position and obligation by the Board of Directors, Executive Management works through further assignment of power at each echelon of the line the board. The official Management works inside the structure of Policy and Planning procedur es set by the Top Management with occasional execution detailing for guidance.The Executive Management is answerable for readiness of section plans/sub †fragment plans for each benefit communities with budgetary focuses for each thing of products and benefits and are considered responsible for inadequacies, with thankfulness for extraordinary and remarkable exhibitions. These activities are constantly helped out by the Executive Management through arrangement of Committees, sub †Committees, Committees and standing Committees helping the line the board. Standing Committee: Standing Committee contains the accompanying advisory group: Audit Committee: †¢Ã‚ Internal Audit Committee  ISO Audit Committee †¢Ã‚ Social/Environment Committee †¢Ã‚ Performance Evaluation Audit Committee Employment Relations Committee: †¢Ã‚ Remuneration Committee †¢Ã‚ Work Environment Committee †¢Ã‚ Performance Evaluation Audit Committee Management Committee: †¢Ã‚ P roduct Planning and Development Committee †¢Ã‚ Quality Control and Research Committee †¢Ã‚ Production and Inventory Management Committee †¢Ã‚ Export Promotion Committee c) Their Overall HR Practice: HR Practices of MILLENNIUM GARMENTS LTD. Enrollment Training Performance Management Labor connection Employee connection Job investigation Job designSelection Development Incentives Benefits d) Recruitment is the procedure trough which the association looks for candidates for expected work. Determination alludes to the procedure by which it endeavors to recognize candidates with the fundamental information, aptitudes, capacities and different qualities that will enable the organization to accomplish its objectives, organizations participating in various techniques need various sorts and quantities of representatives. The system an organization is seeking after will directly affect the sorts of workers that it looks to enlist and selection.Source of enrollment There are two sorts of source Millennium Garments Ltd. utilizes for enrollment . They are 1. Outside source 2. Inward source. We attempt to examine every relative source which are utilized for enlistment in Millennium Garments Ltd. Inner source Millennium Garments Ltd. imagines that current workers are a significant wellspring of volunteers for everything except passage level positions. Regardless of whether for advancements or for ‘Lateral’ work moves, interior up-and-comers definitely know the casual association and have point by point data about its proper strategies and procedures.Promotions and move are normally chosen by working directors with little inclusion by HR division. Occupation posting programs HR offices become included when interior employment opportunities are announced to workers through occupation situating programs, which educates representatives about opening and required capabilities and welcome qualify representatives to apply. The notification generally are posted on organization notice sheets or are set in the organization paper. Capability and different realities ordinarily are drawn from the activity examination data. Withdrawing Employees A regularly disregarded wellspring of enrollment specialists comprises of withdrawing employees.Many representatives leave since they can no longer work the customary 40 hours work week . School, youngster care needs and different responsibilities are the regular explanation. Some may happily remain on the off chance that they could revamp their long stretches of work or their obligations . Rather, they quit when an exchange to low maintenance occupation may hold their significant aptitude and preparing. Regardless of whether low maintenance work isn't an answer, an impermanent time away may fulfill the representative and some future enlisting need of the business. Outside source When employment opportunity can't be filled inside, the HR division of MILLENNIUM GARMENTS LTD. ust look outside the as sociation for candidates. We talk about all the outer wellspring of enrollment at roar: Walk-ins and Write-ins: Walk-ins are a few searchers who showed up at the HR division of MILLENNIUM GARMENTS LTD. inâ search of a vocation; Write-ins are the individuals who send a composed enquire . the two gatherings typically are request to finish and application clear to decide their advantage and capacities. Usable application is kept in a functioning document until a reasonable opening happens or until an application is too old to ever be viewed as substantial, generally six months.Employee re