Exploring recruitment processes, challenges, and solutions in talent acquisition of BRAC Bank

Abstract

This report details my internship experiences at BRAC Bank PLC. The first chapter includes all the necessary information for the internship. During my internship period, I had specific responsibilities to fulfill and acquire my first job experience in working environments within the company's organization. In addition, this paper thoroughly analyzes the organization, clarifying its managerial styles, marketing approaches, organizational structure, and operational procedures while assessing the effects on overall operations. It also performs a thorough competition analysis, utilizing Porter's Five Forces and SWOT analysis, to assess company's standing in the industry and pinpoint important advantages, disadvantages, opportunities, and threats. In addition, the study offers important suggestions for strengthening the company's competitive edge and promoting sustainable growth that is based on the knowledge acquired through competitive research. Lastly, the third chapter concludes with a project on the HR recruitment process and talent acquisition management in BRAC Bank PLC. The study aims to understand the difficulties in the talent acquisition process of BRAC Bank PLC. The individual interviews gave qualitative responses that provided the starting point for the study. with the associate manager of BRAC Bank. The findings bring up challenges and solutions for the recruitment process of BRAC Bank to identify the problems that the department usually faces and bring up possible solutions to overcome these problems. There are many challenges the HR department has to face, like Data collection, communication with the candidates, Information Verifications, Time management, Retention of the employees, and many other things. Here, data-driven decisionmaking by scheduling time and using technological tools for the Regulatory complexes could make the challenges easier for the HR department. However, This study presents numerous helpful implications for recommending best practices for solving problems in the recruitment process, as these may impact employee satisfaction, candidate verification, and solving Regulatory complexities easily in the HR department of BRAC Bank PLC.