Executive Summary

EXECUTIVE SUMMARY signifi lott Textile Ltd. started its operation in 1997. It was enlisted in Dhaka Stock central & Chittagong Stock Exchange in 2002. The business lines of Squ atomic good turn 18 Textile Ltd. ar manufacturing and marketing of yarn. Its factory is located in Gazipur , Dhaka. The manufactures 100% Cotton reflect Span Yarn or Hosiery , 100% Cotton OE rotor For Hosiery and Knit Fabrics for 100% export oriented readymade Garments Industry. The strategic Goals and Objectives of the family are to strive hard to optimize profit though conductivity and transparent business operations and to create to a greater extent competitive in the midland and external market.In home, customer of Square Textile circumscribed are export oriented readymade Garments Industry. The Company overly exports its products to the market of atomic number 63 & USA . The export sells increased by 19% in 2003 scarce over the previous year. Competition level is increasing both in local and abroad market . Competition leave alone be more loaded after 2005 when multifiber agreement pass on be phaced extinct. Among the other foreign competitors Srilanka , chinaware Pakistan and India are prominent. Square is one of the biggest employees in Bangladesh. It has a personnel and administrative discussion section . The kernel number of employees are 1223.For the employees in that location are doctrinal in house preparation in home and abroad . The managing director, the chief executive officer is the head of the executive management team . Below in in that respect are directors , executive directors and general manager. Under the direct super romance of the general manager a number of de discriminatements are controlled. The Company is dismissal through continuous growth in proceeds . The total production increased year on year basis at the order of 0. 43% and 1. 467% during 2002 and 2003 respectively . The Companys operations are out on a aggregate basis and are managed as a single opport building blocky segment .The Company uses Computer Aided figure of speech (CAD) , Computer Aides Spreading (CAS) and Computer Aided Manufacturing (CAM) in its imbed to increase the over all in all efficiency and productivity. OBJECTIVE The broad objective of this get over is to fork out an overview of HRM practice of Square Textiles Ltd. The specific objectives of this report are To provide Company overview To provide market overview and analysis To reveal operational, management and HRM planning. deal all HRM practice METHOLODGY To prepare this report we be in possession of tranquil data from several(predicate) published materials.Then we have conducted a substitute(prenominal) study. by and by that we have prepared a questionnaire and took interview one of the executive part in this Company. We also collect data from profit . This representation we collected primary data. Thus we have used both primary and secondary report to prepar e this report. INTRODUCTION This report is prepared as a requirement of the course Seminar in pitying Re character reference Management. We selected Square Textiles Ltd. working(a) on this organization we came to come various Kind of HRM practice which are use here. Though it is a textile, it has proved itself in the related finish s a major competitor. In this report we have followed the guidelines provided by the t from each oneer. Here we have t commanded not only the HRM practice except also the marketing, management, finance and operational area of the Company. 5. Human resource management 5. 1. Human resource planning Square has a personal and administrative subdivision . Square is one of the biggest employers in Bangladesh. The total number of employers in Bangladesh . The total number of employees is 1,223. For the employees there are systematic in house training in home and abroad .To motivate the employees, along with salary and benefits the companion provides var ious facilities like free meals , free transportation , 24 mo medical center , on site sports . Production and accommodation facilities includes replete time supply of safe drinking water, adequate lighting and external respiration facilities from sheet. 5. 2 HR Practices of feather textile Recruitment Training mathematical turn Management Labor relation Employee relation personal credit line analysis furrow design Selection Development Incentives Benefits 5. 2. 1 Recruitment and Selection process in SQUARERecruitment is the process trough which the organization seeks applicants for authority employment. Selection refers to the process by which it attempts to identify applicants with the necessary intimacy, skills, abilities and other characteristics that volition help the company achieve its goals, companies engaging in different strategies postulate different types and numbers of employees. The strategy a company is pursuing result have a direct doctor on the types of employees that it seeks to recruit and selection. mention of recruitment There are two kinds of source SQUARE uses for recruitment .They are 1. External source 2. Internal source. We try to discuss all relative sources which are used for recruitment in SQUARE. 1. Internal source SQUARE thinks that flow employees are a major source of recruits for all but entry-level positions. Whether for forward motions or for Lateral pedigree transfers, internal candidates already know the in established organization and have detailed information many its formal policies and procedures. Promotions and transfer are typically decided by operating managers with olive-sized involvement by HR department. 1. 1Job-posting programsHR departments cash in ones chips involved when internal job initiatives are publicized to employees through job positioning programs, which informs employees about opening and required qualifications and invite qualify employees to apply. The notices usually are aff ix on company bulletin boards or are placed in the company unseasonedspaper. Qualification and other facts typically are drawn from the job analysis information. The purpose of job posting is to encourage employees to seek promotion and transfers the help the HR department fill internal opening and go out employees personal objectives.Not all jobs openings are posted . too entry level positions, senior management and top stuff positions whitethorn be filled by merit or with external recruiting. Job posting is most common for lower level clerical, technical and supervisory positions. 1. 2 Departing Employees An often overlooked source of recruiters consists of departing employees. Many employees leave because they can no longer work the traditional 40 hours work calendar week . School, child care needs and other commitments are the common reason. most might gladly stay if they could rearrange their hours of work or their responsibilities . Instead, they halt when a transfer to a part-time job may hold their valuable skill and training. Even if part-time work is not a solution, a temporary leave of absence may satisfy the employee and some future recruiting need of the employer. 2. External source When job opening cannot be filled internally, the HR department of SQUARE must look outdoors the organization for applicants. We discuss all the external source of recruitment at bellow 2. 1 Walk-ins and Write-insWalk-ins are some seekers who arrived at the HR department of SQUARE in search of a job Write-ins are those who air a written enquire . both groups normally are ask to complete and application blank to de landmarkine their interest and abilities. Usable application is kept in an active file until a suitable opening occurs or until an application is too old to be considered valid, usually sise months. 2. 2 Employee referrals Employees may refer job seekers to the HR department . Employee referrals have several advantages . Employees with hard to find j ob skill may no others who do the same work.Employees referrals are excellent and legal recruitment technique, but they tend to maintain the status quo of the work force in term of raise , religions , sex and other characteristics , possibly leading to charges of discrimination. 2. 3 denote Want ads describe the job and the benefits, identify the employer, and tell those who are implicated how to apply . They are most familiar form of employment advertisement . for exaltedly specialist requites, ads may be placed in captain journal or out of town newspaper in areas with high concentration of the desired skills Example General Manager- production (ref PM) Age 28-35 days Graduate with specialization in garment mfg technology from NIFT or equiv. -Minimum 10 years experience in similar position of a unit with a minimum of 1000machines. -Must have detailed hands on knowledge of industrial engineering. We offer competitive salary which is commensurate with experience and qualificati on. If you plan to an exiting and rewarding career , send your detailed resume, quoting your present and expect salaries to jobs. 2. 4 Internet Now today no body thinks anything without internet. So SQUARE give their advertise at internet. Example WWW. bdjobs. com www. square. bd. comExecutive summaryThe passing anticipated and much celebrated hammock of the newest and perhaps hippest cellular telephony on the market has spurred a number of discussions on the applicability of these devices to other forums. An classical change which has revolutionized not only the way people interact and do business with one another(prenominal) but also the way relationships are formed in this domain is the tele rally.Alexander Graham buzzer could never have imagined that visits today bequeath people to surf the internet and also watch movies. The telephone has become such an integral part of the everyday lives of people. This role is even expected to only become more and more important as t he attached generation of cellular phones pull up stakes allow users to watch videos and talk to each other onscreen.This short give-and-take will therefore discuss the different marketing strategies for mobile phone providers. This includes the features that are offered in the market for current cellular phones such as the WAP access and even the video or camera quality. As shown in other pertinent marketing studies that will be discussed in this discourse, there are also other important considerations that consumers take into their decision make process with regard to the purchase of a mobile phone unit. utilize projective techniques and perceptual mapping techniques, this study will attempt to show which of these new features and marketing strategies have the greatest impact on the mobile phone industry.Executive summaryThe highly anticipated and much celebrated release of the newest and perhaps hippest cellular phone on the market has spurred a number of discussions on the applicability of these devices to other forums. An important change which has revolutionized not only the way people interact and do business with one another but also the way relationships are formed in this world is the telephone.Alexander Graham Bell could never have imagined that phones today allow people to surf the internet and also watch movies. The telephone has become such an integral part of the everyday lives of people. This role is even expected to only become more and more important as the next generation of cellular phones will allow users to watch videos and talk to each other onscreen.This short discourse will therefore discuss the different marketing strategies for mobile phone providers. This includes the features that are offered in the market for current cellular phones such as the WAP access and even the video or camera quality. As shown in other pertinent marketing studies that will be discussed in this discourse, there are also other important considerations t hat consumers take into their decision making process with regard to the purchase of a mobile phone unit. Using projective techniques and perceptual mapping techniques, this study will attempt to show which of these new features and marketing strategies have the greatest impact on the mobile phone industry.