Human resource management practices of Prime Bank Limited

Abstract

Nowadays, businesses encounter a number of challenges. Thus, they are formulating remedies. For a business to succeed and remain competitive, human resources are essential. Many studies think that people are just as important to an organization's success as systems are. Strategic HRM is more likely to be included into strategic outcomes when people are viewed as essential resources. HR are no longer considered a stand-alone element of a business's overarching long term competitive advantage plan. Because of this, it is insufficient to build and manage an HR system or procedure around business needs. Managers also need to think about the long-term objectives of the business. HR has a significant role in business performance, according to the strategic viewpoint. This report's study's primary goal is to comprehend the ways in which Bangladesh's Prime Bank Limited's organizational performance may be influenced by SHRM related variables. The internship's overview is provided in the first chapter. The second chapter methodically summarizes the goals and includes relevant literature. Key literature on the subject of this study is provided in this chapter. The corporate profile of Prime Bank Limited, including its culture, HRD strategies, and range of products and services, is covered in the third chapter. The fourth chapter discusses the issues that HRM in Bangladesh is facing now and in the future. Chapter 5 contains the PBL's HRM procedures. The study's findings, which centered on how strategic HRM practices affected Prime Bank Limited's organizational performance, were presented in the sixth chapters. Lastly Chapter seven represent the recommendation and conclusion of the report.