Employee attitudes towards HR policies

Abstract

HR policies are gaining a lot of importance for a lot of companies in recent years. It has significant importance in both small and big organizations. Since A&E Bangladesh is a part of the textiles industry it plays a great role in regulating up-to-date HR policies that both satisfy the employee needs and limit them from overusing it. Implementing these policies properly has greatly increased the overall productivity and efficiency of the organization. Bangladesh is known for its inexpensive labor cost and the quality of apparel throughout the entire globe. In recent years, it has expanded. According to Export Promotion Bureau (EPB) in the fiscal year of 2021-2022, Bangladesh exported more than worth of US $42.613 billion in garments which is said to be the second-highest exporter in the world. This data speaks volumes of how much prominent Bangladesh is in the textiles sector. The entire RMG exports saw an astonishing 35.47% growth. The economy of Bangladesh, which is rapidly growing, receives all of its development from the textile and apparel sectors. The main source of foreign currency gains is from the export of clothing and textiles. By 2002, 77% of Bangladesh's total exports of goods were textiles, apparel, and ready-made garments (RMG). Not only it is growing at a rapid speed, but also these industries are able to give a lot of people of Bangladesh a chance of employment. These rapid growing industries are also helping in developing the livelihoods of the poor people. A&E Bangladesh is a multinational company operating in more than 44 countries throughout the entire globe. It saw endless possibilities in Bangladesh and started to operate here at 2004. Since then, the company itself only grew. Now it has 3 different corporate office with 2 factories (1 currently under-construction) within Bangladesh. A&E Bangladesh has discovered a lot of potential within the country and has been operating effortlessly till the first day. A&E Bangladesh is committed to make the workplace better by continuous development of the HR polices and updating them on a regular basis. They take employee feedback with utmost attention and try their level best to resolve any issue within the organization. This research has emphasized the significance of HR policies that are tailored to the requirements of the HR department of A&E Bangladesh. The research has highlighted numerous crucial areas for improvement in the HR Policies via a review of the company's present HR procedures and requirements. Overall, A&E Bangladesh may significantly increase the efficacy and efficiency of its HR department by putting these suggested HR policies and processes into practice. This will therefore help the business as a whole and position it for success in the cutthroat textiles market.