BRAC Bank Limited is a scheduled commercial bank in Bangladesh. It established in Bangladesh under the Banking Companies Act, 1991 and incorporated as private limited company on May 20, 1999 under the Companies Act, 1994. Its operation started on July 4, 2001 with a vision to be the market leader through to providing all sorts’ support to people in term of promoting corporate and small entrepreneurs and individuals all over the Bangladesh.
BRAC Bank will be a unique organization in Bangladesh. The Bank consists of major divisions named 1) Corporate banking, 2) Retail banking, 3) Treasury, 4) Small & Medium Enterprise (SME). At present the Bank operating its business by 26 Branches. ...view middle of the document...
From the inception of the civilization the banking sector dominate the economic development of a country by mobilizing the saving from the general people and channeling those saving for investment and thus economic development and growth. In ancient time, the importance of commercial banks after the ravage of the liberation war to develop a better economy was severally needed and it is needed now and will be required in future also. In time-to-time Government of Bangladesh agreed to permit the private commercial banking in the country. BRAC bank will be knowledge-based organization where the BRAC Bank professionals will learn continuously from their customers and colleague’s world wide to add value. It will work as a team, stretch, they will innovate and break barriers to serve customers and create customers loyalty through a value chain of responsive and professional delivery. The bank promotes broad-based participation in the Bangladesh economy through the provision of high quality banking services. BRAC Bank will do this by increasing access to economic opportunities for all individuals and business in Bangladesh with a special focus on currently under-served enterprises and households across the rural – urban spectrum. BRAC Bank believes that the pursuit of profit and developmental goals is mutually reinforcing.
1.1 OBJECTIVE OF THE STUDY
[pic] Acquiring a practical knowledge and personal observation about the overall HR procedure, functions, principles and its nature.
[pic] Find out the activities and implication of HR department to the organization.
[pic] Analyzing the HR planning, job analysis, employee recruitment process and selection, training, performance appraisal, compensation and pay plan, benefits and service.
[pic] Supervision whether the organization follows the HR procedures, functions or not.
[pic] Gathering the experience about the total HR application, activities, its importance through the visit the organization.
2. SCOPE OF THE STUDY
[pic] Almost every formal organization is now developing their HR department to support the total management system. So there is a scope for gather experience and work in HR field.
[pic] In the age of globalization, the business communities are rapidly expanding. So the HRD have to be developed. There fore there is a scope to analysis the HRD department to get knowledge and practical experience through visiting the organization.
We made a checklist and according to this checklist we took an interview and made a discussion session from the executive officer of Human Resource Department of BBL.
The study uses both primary data and secondary data. The report is divided into two parts. One is the Organization Part and the other is the Project Part. The parts are virtually separate from one another
The information for the Organization part of the report was collected from...