The annual business plan and the recruitment & selection process of Chevron Bangladesh Ltd.

Abstract

Chevron Bangladesh Ltd. is an oil & gas multinational company that produces most of the natural gas consumed in Bangladesh. The Company operates as a profit center under the Asia South Business Unit and is the highest Tax payer as well as the largest foreign direct investment in Bangladesh. Chevron takes pride in their core values and the world wide safety record it holds. The company is currently operating in three gas fields, all of them situated in the Sylhet division, and has the vision to expand in un-explored blocks and search for alternative energy. The Human Resource department of Chevron Bangladesh is mostly responsible for being involved in employee recruitment and development. The department is divided into three self-management teams in order to attain efficiency in work processes. As a Human Resource Intern I was assigned with a variety of tasks that are related to recruitment, compensation, employee appreciation and database management. I have divided my duties into Regular duties, Ad Hoc duties and Project work, in order to portray a clear image of my responsibilities. The project report is on the ‘Annual Business Plan and the Recruitment & selection Process’ of Chevron Bangladesh Ltd. The Annual Business Plan is where each department submits a new manpower planning for the next three years and gets it reviewed by the leadership body to get the approval. The approval goes through three a stage process where the final approval comes from the regional office of Asia Pacific. The recruitment process of the approved manpower planning is carefully planned aiming to achieve efficiency in all the tasks involved. Finally the report provides insights and suggests solutions on the critical points of the recruitment process and the existing issues regarding the delayed response time of the client party, inadequate recruitment plan, lack of coordination within the HR department and the cause of disagreements in setting a proper remuneration package.