Understanding human resource management practices in Square Pharmaceutical Limited

Abstract

Main theme of this thesis paper is HR practices of square pharma. In this report, the background of the pharmaceutical industry in Bangladesh including current scenario, competitive analysis which is done by Porter's Five Forces model is briefly discussed. Here a SWOT analysis on square pharma to determine the strengths and weaknesses, as well as the opportunities and threats it may face was conducted. Moreover, an overview of square pharma including its management, marketing practices, accounting, operation management practices is given. Furthermore, in this work, square pharma’s condition during COVID 19 and square pharma’s responses to Covid 19 has been presented. Then square pharma’s financial performance and COVID 19 influence over it was briefly discussed. Subsequently this work presents, how HR conducted training and development procedure in square pharma including HR role in employee’s training and employee development. Moreover, this paper discusses employee benefit and special benefit offer during COVID 19 by square pharma. Regardless, the main concentration of this work is on the recruitment and selection process of square pharma. Finally, this paper identifies eleven findings and analyzes it and provides sixteen recommendations for improving square pharma’s recruitment and selection process.