HR practices of Ventura Properties Limited

Abstract

This report is based on the internship program, partial requirement for the Master of Business Administration in BRAC University. The main objective of this report is to know the Human Resource Management Practice followed by Ventura Properties Limited. Ventura Properties Ltd (VPL), a real estate company which was established on 28th April, 2004. The company has 10 operational departments which are run by some brilliant employees. The numbers of employees are 250.50employees work in the head office and other 200 works on the construction site. Human resources are the most important resource of every organization to gain a sustainable competitive advantage over competitors. To manage these human resource there are several practices that are used globally by different organizations to create a competent workforce. These HR Practices are a set of principles that is used as a potential contributor to find suitable personnel for and improve their commitment, productivity and loyalty toward the company. The report discusses about all the HRM practices which includes the main issues of the Recruitment method and responsibilities done by HR department in Ventura Properties limited. How recruitment process aredone,how they select right people for the right post, their training and development process and methods, performance appraisal methods. Types of facilities are getting by employees like benefits, leaves and other Allowance. In my report, I modestly tried to uphold all the HR activities and practices conducted and followed by VPL, find the flaws which are drawing them back and make some recommendation which may better their situation.