HR practices and policies of Rahimafrooz
AuthorMousumy, Morshada Akter
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Rahimafrooz is not just a name. It indicates milestone which Rahimafrooz has achieved with trust, support and dedication of all stakeholders and most importantly its customers. Rahimafrooz has endured turbulences of the last 60 years and has been able to transform itself from a small trading company to a leading business house. They want to emerge as an employer brand. Rahimafrooz always give value to their customers as well as talented and hard working employees. Rahimafrooz try to attract, develop and retain qualified and competent people. Human resource management covers the fields of staffing (hiring people), retention of people, pay and bonus setting and management, performance management, and taking care of exiting employees. Now-a-days, human resource management does not merely handle recruitment, pay, and discharging, but also capitalize on the use of an organization's human resources in a more strategic level. I have analyzed the recruitment procedure and policies of Rahimaafrooz. I have found that the HR department of Rahimafrooz performs its activities competently and successfully. The major activities of this department are filling up the vacant posts through proper recruitment and right placement of the new work forces, storing and updating the employee information, providing training and development program to the employees. Rahimafrooz provide training to their employees so that they can work effectively and efficiently and also improve their performance level. Human Resource Department of Rahimafrooz prepares monthly statement to identify the current employee status of Rahimafrooz. This internship report contains human resource practices and policies of Rahimafrooz. Recruitment policy, corporate designation and grade policy, training policy, promotion policy, performance management policy, benefits- retention initiatives of Rahimafrooz are described in this report. A different learning which is I+10 Habits developed among employees of Rahimafrooz. In addition, analysis of monthly turnover rate in percentage of Rahimafrooz.