Centel Banks Policy of Bangladesh

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  • Topic: Human resource management, Regression analysis, Human resources
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  • Published : January 21, 2013
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HUMAN
HUMAN RESOURCE MANAGEMENT AND EMPLOYEE
PERFORMANCE: A CASE STUDY ON BANGLADESH BANK

PRESENTED BY:
MD. RAYHANUL ISLAM
EXAMINATION COMMITTEE:
Dr. SUNUNTA SIENGTHAI (CHAIRPERSON)
Dr. SUNDAR VENKATESH
Dr. YUOSRE BADIR

Agenda:
Agenda:

Introduction of the study
Snapshot of BB and its current situation on human resource
management.
Findings and discussion.
Conclusion of the study and recommendations.

Introduction
Introduction

Bangladesh Bank (BB), the central bank of Bangladesh, is the key player for the financial sector of Bangladesh as well as for the economy.
An urgent need for supply of adequate professional manpower to cope with the emerging challenges.

Objectives of the study:
1. To describe the existing HRM of BB.
2. To assess the strengths and weaknesses of the current
BB’s HRM.
3. To examine the relationship between BB’s HRM
practices and HR Department’s employees performance.

Research methodology






Sampling Method
Primary Data
Secondary Data
Data Gathering Instrument
Data Analysis

Flow chart of the research framework

Bangladesh
Bangladesh Bank and its situation
on Human Resource Management
• The


establishment of BB

Functions of BB

Human Resources Department (HRD) of BB: HR Dept. has 3 division & each division has 2 wings. These are•

Planning and Resourcing Division
-Planning, Promotion & Transfer wing
-Recruitment & Outsourcing wing
Development and Benefit Division
-Benefits & Administration wing
-Training & Development wing
Performance and Reward Division
-Recognition & Reward wing
-Performance & Discipline wing

Human
Resource
Department

Planning and
Resourcing
Division

Planning,
Promotion &
Transfer

Recruitment
&
Outsourcing

Development
and Benefit
Division

Benefits &
Administrati
on

Training &
Development

Performance
and Reward
Division

Performance
& Discipline

Figure 2: Structure of Human Resources Department

Recognition
& Reward

Human
Human Resource Management (HRM)
Edwin Flippo defines Human Resource Management as "planning, organizing, directing, controlling of procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are achieved.

achieved.”
Human Resource Management in BB
-Bangladesh Bank has given more emphasis on its human resource management.
-HRM of BB mainly focuses on recruitment of, management of, and providing direction for the people who work in the organization. -Its HRM involves the acquisition of employee of the right caliber, developing their skill, motivating them to high levels of performance and ensuring that employees continue to maintain their commitment to the organization.

-The Bangladesh Bank Staff Regulations, 2003 is the legal instrument that deals with these issues.

Existing Human Resource Management System in BB
-Human Resource Management System (HRMS) refers to the systems and processes at the intersection between human resource management (HRM) and information technology.
-Bangladesh Bank has taken a number of initiatives, such as
establishment of LAN/WAN among different offices and departments, implementation of Enterprise Resource Planning (ERP) etc.
-The HR function consists of tracking existing employee data, which traditionally includes personal histories, skills, capabilities, accomplishments and salary.

Performance Management System (PMS) in BB
-Bangladesh Bank successfully introduced Performance Management System (PMS) from appraisal year 2007-2008.
- To replace the current subjective Annual Confidential Report (ACR) system, an improved objective system PMS is introduced.
-PM is a three-step process. It starts with performance planning and ends with performance reviewing. In between these two steps is continuous monitoring through feedback, coaching and reinforcement by the supervisors....
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