Human Resource Management Practices in Bangladesh A Case Study on Dhaka Fareast Ltd.

Abstract

As I have mentioned earlier that this is an internship report, which is a partial requirement of graduation program. Preparing report on “HRM practices” is very common and for some extent trouble-free, but this report is prepared on real practices on the field. Readymade Garments demand is second demand in five fundamental demand of the human being. For enrollment in civilizations garments is fundamental requirement to social members. So, garments demand and style are changing in nature. This demand is comparatively rising than other demands except food. Readymade garments have demand in global markets from the first stage of civilization. Global or International market demand of readymade garments has made challenges to the International vendors in different nature included micro, macro and foreign elements. This indicates the vendors to practices regarding recruitment and selection and the proper compliance management to capture international market. Ready Made Garments Industries in Bangladesh contain the lion contribution of our national income. Ready Made Garments sectors prospect means the prospects of our economy also. In the year 2018 Ready Made Garments export was 30 billion this is 76% share of our total national exports. In Garments Industry near about 5 million workers are working in 4500 Garments. This employment helps our economy to boost. In total containers handling in sea, air and land ports with 85% of containers are relates to Garments industry. After implementation of Uruguay Round Negotiations envisaged the phasing out of MFA by the end of 2004, this provides opportunity to the Bangladeshi vendors for covering the new and maximum export to the target market. But our RMG sector faces some internal and external problems. Dhaka Fareast Limited is very much conscious about the buyer requirements as well as the employee rights so workers unrest is minimum in the Dhaka Fareast limited factories. HR department takes a great role to improve the productivity and employee satisfaction in the factory because this department looks after the employee rights.