An Evaluation of Human Resources Practices of BRAC Bank Limited

Abstract

The title of this internship report is “An Evaluation of Human Resources Practices” of BRAC Bank Limited. The report is the result of three months internship program with Brac Bank Limited of Bangladesh . Theoretical knowledge will be little important unless it is applicable in the practical life. So, we need proper application of our knowledge to get some benefit from our theoretical knowledge to make it more fruitful. The internship is designed to have a practical experience while passing through the theoretical understanding. This report consists of five chapters i.e. Introduction of the Study, Company Profile of BBL, Human Resource Management Practices of BBL, Findings, Recommendations and conclusion , bibliography and following appendices. Firstly the initial words about the report were described in the first segment titled “Introduction “which contains the basis of the study. In this part Origin, Rationale, Objectives, Methodology and limitations are included. Both primary and secondary data and information have been used in preparing this report. The limitations that have been faced during the data collection, organization & preparation of the report have been stated. The prime objective of the report is to relate and highlight the human resource management policies and practices of Brac Bank Limited. The Human Resource Department of Brac Bank Limited is an ideal place for learning Human Resource Management Practices. Human Resource Management Policies and Practices of Brac Bank Limited are discussed. Here, HRM Functions, HRM objectives, Human Resource Planning (HRP), Strategies of HRP, Techniques of Designing Job by Brac Bank Limited, Recruitment, Alternatives to Recruitment, Selection process, Training and Development, on the job training methods, off the job training methods, Performance Appraisal, performance appraisal process, appraisal methods, Motivation Function, Reward, Reward System, Payment System have been discussed. The effectiveness and achievements largely depends upon the ability and efficiency of Human Resource Department (HRM) of an organization. Recruitment in BBL for required post has to be approved by the board members at the beginning of each year.