An Analysis of Recruitment & Selection Process of The ACME Laboratories Ltd.

Abstract

Recruitment and selection plays an important role in acquiring a competent personnel for a company. If a company has a proper selection process, it can get qualified personnel for the company. If it is really efficient, it can be done in short amount of time. Alongside helping in recruiting competent personnel for the organization, it also shows what kind of philosophy and culture the company believes in through its recruited personnel. Recruitment and selection is one of the key practices of HR. Acme Laboratories Limited Bangladesh is one of the leading pharmaceutical companies in Bangladesh. It is a member of The Acme Group, a renowned Bangladeshi conglomerate with a long history in the country. The company has a wide range of products in various therapeutic areas and offers quality, innovative, and cost-effective healthcare solutions. Acme Laboratories Limited Bangladesh is committed to providing its customers with the highest quality products, backed by its strong commitment to innovation, research, and development. This report will provide an overview of the recruitment and selection process of Acme Laboratories Limited Bangladesh. The report will include the company’s recruitment and selection criteria, the recruitment and selection process, and the methods used to ensure that the right candidates are selected. It will also discuss the use of technology and automation in the recruitment and selection process. Finally, the report will provide recommendations for improvement in the recruitment and selection process. The ACME Laboratories Limited started its journey in 1954 with the leadership of late Hamidur Rahman Sinha. With his effort and determination, the company was able to grow. As it was passed on to the next generation, they led the company with the same effort and determination. As a result, the company is in a good position now. The company is being led with a leadership style that is democratic. It is taking inputs from other while making decisions. As a result, it shows that it values its employees. The company is in a good financial position too though some area requires attention, still it has a lot of potential for growth. The company has been able to shift from paper-based work to technology based for some of its processes like recruitment and selection. As a result, they can get works done in much less time. The company has a good marketing practice which is the only way of promoting their products. They use MPO’s to promote their products and they make sure they are getting all the benefits as they are one of the key members of the workforce. The industry they are doing business in is very competitive. Though the industry is very profitable, it is really tough to sustain in the industry. With the company’s strengths it has been able to sustain and come this far.