Retirement provident fund and future of BPO sector in Bangladesh: a case study on Data-Path Limited

Abstract

I feel very lucky to have been given a student internship with DataPath Ltd. In 2008, the United States and Bangladesh joined together to form what is now a highly successful business: DataPath Ltd. To aid its customers in becoming prosperous businesses, the firm draws on its vast experience across a wide range of fields and professions. DataPath Ltd. provides administrative services on behalf of July Business Services, a retirement service provider located in the United States, through a partnership. The company's primary goal is to work closely with its business and financial partners to provide individualized solutions that help them achieve their goals. My report's first chapter provides background and introduces the topic at hand. In this part, we lay out the report's overarching goals, which center on comparing and contrasting the retirement planning and fund management processes in the United States and Bangladesh. DataPath Ltd.'s background, introduction, policies, vision, mission, core values, competition, and organizational structure are all outlined in the next chapter. My internship obligations are discussed in length in Chapter 3, including the time frame of my internship, the tasks I was given, the activities I participated in, and the training I received. The 3rd chapter is a personal reflection on the experiences and knowledge I gained throughout my internship. This internship gave me invaluable insight into the 401(k)-retirement planning industry in the United States. I used a variety of accounting programs in the workplace and was able to successfully apply concepts learned in the classroom. Thanks to my hard work in the group, I also developed crucial interpersonal skills. The methods used to compile the report are laid out in detail in Chapter 3. This investigation is based on Qualitative Interview Data. In chapter three, I have provided an overview of Bangladesh's Business Process Outsourcing (BPO) industry and analyzed the effect of BPO practices on employee financial security assurance. Then next offers suggestions for improving BPO in Bangladesh. Finally, this study provides a survey of BPO practices on employee financial security assurance in Bangladesh.