An analysis on effectiveness and improvement of HRM practices through Human Resource Information Systems (HRIS) of IPDC Finance Limited

Abstract

"IPDC Finance Limited (previously known as ""Industrial Promotion and Development Company of Bangladesh Limited"") was established in 1981 and is the first private sector non- banking financial institution of Bangladesh. Since its commencement, it has become a renowned non-bank institution, supporting numerous businesses across the country. This report sheds light on the use and effectiveness of the HRIS software of IPDC Finance Limited. There is no doubt that the HR department of any organization plays a vital role in managing and guiding the employees to constantly redirect them towards their goals. In addition to that, proper usage of HRIS software is also important for the effective maintenance of employees. This report includes the information related to the development of the HRIS software of IPDC. It describes how the employees operate it and for what purposes it is being used. The report also demonstrates whether the usage of HRIS acts as an effective medium to operate the business and its workforce smoothly. The first chapter of the report covers the overview of the internship, which includes the student’s and company’s information and also the outcomes of the internship. The second chapter deals with the elaborate description of all the departments of the organization. The third and last chapter contains the information regarding the main topic of the project, its findings, conclusion and recommendations of how to further improve the system along with the references."