HRN Presentation

8/6/2019 HRN Presentation

1/15

HUMAN RESOURCE POLICIES ANDPRACTICES OF

SQUARE PHARMACEUTICALS LTD.

Prepared BySaif Muhammad fahadID No- M2091111101618th Batch,BBA program, School of BusinessUTTARA UNIVERSITY


2/15

Introduction

SQUARE today

symbolizes a name astate of mind. But itsjourney to the growth andprosperity has been nobed of roses. From the

inception in 1958, it hastoday burgeoned into oneof the top lineconglomerates inBangladesh.


3/15

Square Pharmaceuticals Ltd., the flagship company, isholding the strong leadership position in the

Pharmaceutical industry

of Bangladesh since

1985 and is now on its

way to becoming a highperformance global

player.


4/15

VISION

We view business as a means to the material and

social wellbeing of the investors, employees and thesociety at large, leading to accretion of wealth

through financial and moral gains as a part of the

process of the human civilization.


5/15

MISSION

Our Mission is to produce and provide quality &

innovative healthcare relief for people. Maintain stringently ethical standard in business

operation also ensuring benefit to the

shareholders, stakeholders and the society at

large.


6/15

Recruitment

Two kinds of source SQUARE uses for recruitment .

They are -1. External source.

2. Internal source.


7/15

Internal source

SQUARE thinks that current employees are a

major source of recruits for all but entry-level

Positions.

Some Internal Sources of Recruitments are

given below:

1. Job-posting programs.

2. Transfers.

3. Promotions.

4. Upgrading & Demotion.


8/15

External source

HR department of SQUARE must look

outside the organization for applicants.Some External Sources:-

1.Walk-Ins And Write-Ins.

2. Employee Referrals.

3.Advertising.

4. Press Advertisement.


9/15

Training & Employee

Development

We offer both on-the-job and off-the- job at both

theoretical and practical training opportunitiesthrough a range of Local, Regional and

International Training programs that include both

functional and managerial levels on the basis of

Training Need Assessment.


10/15

We also give -

1. Management Development Training.2. Overseas Training.

3. Field Forces Training.

4. Field Forces Refresher Course.

5. Territory ManagerTraining.


11/15

Motivation

We must offer them something that value as anincentive to work towards a goal like-

Increase salary.

Promotion.

Bonuses.

Profit sharing.

Pension plans.

Paid leaves.

Purchase discounts.


12/15

Maintenance

We ensure

The safety and health of employees. Staff communication.

Employee relations.


13/15

Compensation

Compensation Dimensions of SQUARE

1. Pay for work & performance.2. Pay for time not work.

3. Disability Income Continuation.

4. Health, Accident and liability Protection.


14/15

Purpose of PerformanceAppraisal in SQUARE

To review past performance.

To assess training needs. To help develop individuals.

To audit the skills within an

organization.

To set targets for future performance.


15/15

Conclusion

HR is maintaining an effective way to

deal with labor union and still no unrest hasbeen recorded as dispute.

Finally Square, with its progressive business

outlook, believes and practices corporate work

culture with a classic blend of efficiency and

equity.

Documents

HRN Presentation