Human resource practices of United Finance Limited

Abstract

This report is prepared as a requirement of the internship phase of MBA program of BRAC University. This report focuses one month working experience at United Finance Limited. This report will give a clear idea about the HR practices in Gulshan Branch of United Finance Limited. Here in the first chapter basically discuss about the origin of the report, objectives and methodology l used in preparation of the report and limitation faced at preparation and is overview of United Finance Limited. In this part historical background of United Finance Limited, its mission, vision, structure of the United Finance Limited is describe. For preparing this report the main objective is to focus on the activities related with HR practices in the United Finance Limited. From my experience, observation and discussions with the employees, I learn about the HR practices and use of these in the organization. In chapter two, about HR practices like as their recruitment, selection, training activities, salary and benefits, performance appraisal method etc. are in the United Finance Limited are described as much as possible. The chapter three of the report analyzes the Strengths, Weaknesses, Opportunities and Threats of United Finance Limited. I have tried to find out the HR practices implementation in this branch in chapter two. As an internee, it is really difficult to give recommendation based on whatever I had learnt from my experience I have elaborately stated them in chapter three. From 20ol to 2013 it has been more than 12 years of long journey of United Finance Limited. They have made strong initiatives in banking sector. They can be one of the best private banks in the Bangladesh, if they match the expectation of their clients though their best banking services. I hope that the authority is always concerned about their employees so they can provide excellence service with efficiency, accuracy and proficiency to the clients and meet the ultimate objectives of United Finance Limited. United Finance Limited can function to the fullest by overcoming the following problems are under HRM, specifically how HRM should or can support to achieve the mission or objective by: identifying what kind of competencies are needed; recruiting from the outside experts having needed competencies; and identifying more suitable experts internally or by training the staff in important fields.