Hrm in Bd

Human resources plays a great part in the functioning of the company and could impact the success

The sources of data used in this project report are both primary and secondary data.

Human resource management refers to the management of the tasks involved in human or personnel matters in the management process. Human resource management includes: job analysis; development of human needs planning and recruitment; training and development; compensation and welfare management, performance evaluation; labor relations management.

Introduction: Each organization has their unique way to perform various function of human resource management such as Selecting, recruiting, on boarding, training, retaining, performance management etc. For the purpose of company analysis project following topic has been selected to describe best practice and my own experience with organization.

The term human resource is defined as a system of activities and strategies that focus on successfully managing employees at all levels of the organization to achieve organizational goal (Niles, 2013). Human resource management is the process of proper use of available limited skilled workforce. The main purpose of the human resource management is to make efficient use of existing human resource in the organization.

The article tries to find the relationship between effective human resources and the performance of the firm. The company

The author has experience in dealing with financial data during his day to day job. Therefore he is comfortable with extracting relevant figures and come to a conclusion on his

• Human resource management is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labour laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will typically also serve as the company's primary liaison with the employees' representatives. The human

According to the online Business Dictionary (2014) human resource management is hiring employees and developing their skills for them to become an asset to the organization. Human resource management is the process of finding out job requirements and the number of employees needed, sourcing the right people for the job, training them, management of wages and salaries, handing out benefits and incentives, conducting performance evaluations, resolving disputes and communicating with all the employees of the organization. (businessdictionary.com).

Human Resource is the Human Capital. Human Resource Management is the process of maximum use of the available human resource in order to achieve the goal of the organization.Since every organization is made up of people, acquiring their services, developing their skills, motivating them to higher levels of performance and ensuring that they continue to maintain their commitment to the organization are essential to achieving organizational objectives. This is true, regardless of the type of organization-government, business, education, health, recreation, or social action.

The Bank is fully aware that its’s position in the market depends upon the effective development of its human resources. To this end, the Bank continuously aim to:

Why do organizations need a Human Resources department? The need for Human Resources developed during the industrial ages since the factories were tasked with managing a large number of employees and maintaining their employees safety. During the 20th Century, the Human Resource function expanded to complying with social requirements and the productivity of its employees. At the end of the 20th Century, the Human Resource function focused more on developing their leaders due to the increase of technology and globalization, (“Brief History of Human Resources and HR Management”, n.d.). What exactly is Human Resources? Human Resources is the “process of assessing HR programs and services to determine effectiveness or efficiency,” (“SHRM HR Terms.,” n.d). So what is Human Resource Management? Human Resource Management is the “formal structure within an organization responsible for all decisions, strategies, factors, principles, operations, practices, functions, activities and methods related to the management of people,” (“SHRM HR Terms.,” n.d). The difference in the definitions demonstrates how the Human Resource position is constantly evolving from the managing of employees, to the managing of the productivity of its employees and now to developing management into stronger leaders. This paper examines relationship that exists between the Human Resource professional and a manager in the Farmer Insurance organization. The reader will have better

Human Resource Management is designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals (Mathis & Jackson, 2008). To that end, Human Resource

An entire research paper is based upon the secondary data. An essential information required for the study is collected from various secondary sources such as books, journals, government reports, articles, news

The report contained the chairman’s report, directors’ report, historical financial summaries and additional financial information which provided adequate information for this research work, both financial and otherwise.