Human Resource Practices in Bangladesh: A Case Study on Walton Group

Abstract

As I have mentioned earlier that this is thesis paper which is a partial requirement of graduation program. Preparing thesis paper on “Human Resource Management Practices of Walton Group” is very common and for some extent trouble-free, but this report is prepared on real practices on the field. Human resource Management practices is one of the widely cited topics for the organizations nowadays. It is the process by which one organization makes sure that it would get the right number of people for the right position at the right time. Human resource Management practices anticipates not only the required kind and number of employees but also determine the action plan for all the functions of personnel management. Human resource planning can be defined as the process of identifying the number of people required by an organization in terms of quantity and quality. All human resource management activities start with human resource planning. So we can say that human resource planning and practices is the principle/primary activity of human resource management. It has been said that supply of labor is always abundant but the supply of competent and dexterous workforce is not always available. Hence, today the organizations are giving a strong weight in human resource planning. The majority 52% of employees got a disagreed level of support from organizations. 60% of employees replied that they did not get a promotion timely. According to them, various issues impede the smooth promotion process in the organizations like proper promotion guidelines, limited job vacancy, limited recruitment, etc. Only 32% opined that they got a promotion on time. Employees expect to get expected remuneration. Employees were asked whether they are satisfied with the remuneration provided. 28% of employees replied that they are disagreed. 56% are satisfied and 8% respondents said neutral level of satisfaction. About Duration of Recruitment and Selection process. They can improve their HR department by making it more efficient. During the method of new recruitment, a screening mechanism must be introduced to select the best candidate who will work with the respective branch for a longer period. Performance evaluation should be positive and not punitive. To provide lunch facility. If it not possible. Therefore, company delivers special lunch one times in a month (at the middle of a month) for motivation. Walton group should develop a market analysis group formally for national and international market. This group will be responsible for searching new prospective market and also analysis the present market problems.