Thursday, September 3, 2020

Hr Practice in Ready Made Garments Industry

Research project: 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 segment in Bangladesh. We led study in two pieces of clothing (Panorama Apparels Ltd. and Millennium Garments Ltd. )and we attempted to discover their general practice. In th is examination report, we have attempted to incorporate all the components we thought basic for recently referenced title. We have examined the components dependent on administrative hypotheses 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. taking a shot 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, fund and operational zone of the Company.The expansive goal of this report is to give an outline of HRM practice in Garments Sector of Bangladesh. The particular goals of this report are: †¢Ã‚ To give Comp any diagram †¢Ã‚ To give advertise outline and investigation †¢Ã‚ To uncover operational, the executives and HRM arranging. †¢Ã‚ Discuss all HRM practice Methodology: We led an example overview with a survey (see index) . We gave our duplicates of poll among the arbitrary 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 led an optional 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. In this way 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 area. Extension and confinement: Actually we have gathered data by essential 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 examined the elements dependent on administrative speculations and administrative key capacities with the proposed choices and the occasions however hardly any things may be discarded 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 manufacture 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 pieces of clothing organization which had been running since 1992. Thousand years Ga rments Limited has some expertise in the production of top notch men's shirts. The company’s fresh out of the plastic new hardware incorporate exceptionally particular gear required in the gainful' of great shirts.Millennium Garments additionally takes orders for cushioned stitched shirts women's dress, pajama sets and robes. The organization right now sends out its articles of clothing to its clients in Canada, Germany, Belgium and Netherlands. Industrial facility 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 regulatory Department. Thousand years GARMENTS LTD. is probably the greatest business in Bangladesh. The all out number of managers in Bangladesh. The all out number of workers is 1,223. For the workers there is precise in house preparing in home and abroad. To spur the workers, alongside pay and advantages the organization gives different offices like free dinners , free transportation , 24 hour clinical focus , on location sports . A creation and convenience office incorporates full time gracefully of safe drinking water, sufficient lighting and ventilation offices from sheet.The whole administration process includes 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 power and duty by the Board of Directors, Executive Management works through further designation of power at each echelon of the line the executives. The official Management works inside the structure of Policy and Planning procedures set by the Top Ma nagement with occasional execution detailing for guidance.The Executive Management is answerable for arrangement of fragment plans/sub †section plans for each benefit communities with budgetary focuses for each thing of products and benefits and are considered responsible for inadequacies, with gratefulness for remarkable and extraordinary exhibitions. These tasks are consistently brought out by the Executive Management through arrangement of Committees, sub †Committees, Committees and standing Committees helping the line the board. Standing Committee: Standing Committee includes the accompanying council: 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‚ Product Planning and Develop ment 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. Enlistment 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 likely work. Choice alludes to the procedure by which it endeavors to distinguish candidates with the fundamental information, aptitudes, capacities and different attributes that will enable the organization to accomplish its objectives, organizations participating in various methodologies need various sorts and quantities of representatives. The methodology 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 Millenni um Garments Ltd. utilizes for enlistment . They are 1. Outside source 2. Inside source. We attempt to talk about every single relative source which are utilized for enrollment in Millennium Garments Ltd. Inner source Millennium Garments Ltd. feels that current representatives are a significant wellspring of enlisted people for everything except passage level positions. Regardless of whether for advancements or for ‘Lateral’ work moves, inside applicants definitely know the casual association and have point by point data about its conventional approaches and procedures.Promotions and move are ordinarily chosen by working supervisors with little contribution by HR office. Occupation posting programs HR divisions become included when inward employment opportunities are pitched to workers through employment situating programs, which advises representatives about opening and required capabilities and welcome qualify workers to apply. The notification generally are posted on organization announcement sheets or are set in the organization paper. Capability and different realities regularly are drawn from the activity examination data. Withdrawing Employees A frequently neglected wellspring of scouts comprises of leaving employees.Many representatives leave since they can no longer work the conventional 40 hours work week . School, youngster care needs and different responsibilities are the regular explanation. Some may happily remain in the event that they could revise their long periods of work or their obligations . Rather, they quit when an exchange to low maintenance employment may hold their significant ability and preparing. Regardless of whether low maintenance work isn't an answer, an impermanent time away may fulfill the worker and some future selecting need of the business. Outer source When employment opportunity can't be filled inside, the HR division of MILLENNIUM GARMENTS LTD. ust look outside the association for candidates. We talk about a ll the outer wellspring of enlistment at cry: Walk-ins and Write-ins: Walk-ins are a few searchers who showed up at the HR branch of MILLENNIUM GARMENTS LTD. inâ search of an occupation; Write-ins are the individuals who send a composed enquire . the two gatherings ordinarily are request to finish and application clear to decide their advantage and capacities. Usable application is kept in a functioning record until an appropriate opening happens or until an application is too old to possibly be viewed as legitimate, typically six months.Employee re