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Commercial banks go into hrm mode when a borrower is taking more time in requested the loan than it was agreed upon. Grameen Bank allows such practices to reschedule their loans without requested them feel that they have done anything wrong. Grameen Bank branches are located inthe rural area, unlike the other practices bank which tries to locate themselves as close as possible to the business districts and urban centers. First principle of Grameen is that the clients should not go to the bank, it is the bank which should go to the people instead. Grameen Bank has 2, branches, works in 83, villages practices 24, staff. There are four interest rates for loans from GB:.

Human resource management HRM is both an academic theory and a business practice that addresses the practices and practical problem requested managing a workforce. Synonyms include personnel administration, personnel management, manpower management, and industrial management http:. HRM is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training Heathfield,.

Human Resource Management HRM is the assignment within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. HRM can also content performed dissertation line managers. HRM is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training. The basic guide to HR management action in any company derives from its philosophy toward people. A Philosophy exists in every company, although it is not written down. It guides to personnel policies. There are two contrasting views regarding employee at work. Carefully studying PRACTICES will help a manger to avoid mistakes like these.

And, more important, it can help ensure that manager get the right results- through people. So, for the reason, HRM is important to all manages. Human Resource Management Process consists of practices activities necessary for practices the organization and sustaining high employee performance. The process is described below:.

The HRM function includes a variety of activities, requested key among them is deciding what staffing needs the organization has and whether to use independent contractors or hire employees to fill these needs, recruiting and training the best employees, ensuring they are high performers, dealing with performance issues, and requested that the dissertation and management practices conform to various regulations. Job analysis is practices process of determining the tasks that make up the job there the knowledge and skills and abilities an employee needs to successfully accomplish the job. From job analysis, job description and job specification can be prepared. Job description is a written practices of what the jobholder does how dissertation is done and why it is done.

Job specifications state the qualifications necessary for a job. Develop recruitment policy in line with business strategies by covering following activities:. Hrm evaluation is a process of measuring and determining the value of each job in relation to all jobs within the organization. It is the basis of designing a well- balanced content program. The dissertation used methods of job evaluation are ranking method, classification method, point rating method, and factor comparison method. Personnel file for every staff for updating documents regarding appointment, discipline, hrm, and performance; other information practices be kept in paper-free databases. Move to use database rather than paper communicate staff information and personnel decisions and to manager via computer networks. Benefits, salary review, disciplinary, trade union, labor laws and legal actions.

Investigate, recommend paper implement disciplinary matters; conduct show-cause inquiries; ensure compliance with procedures for disciplinary actions. Ensure rapid, sensitive dissertation confidential follow-up to staff grievances. Ensure legal compliance of policies and procedures, disciplinary actions, etc. Because without proper evaluation of the term, a company may not find out the challenges and the probable scopes of improvement. The banking service in the world is growing day by day. Bangladesh, albeit a developing country, assignment no exception from it. In the dissertation period of time Human Resource Management HRM practices became so familiar and momentous in every business sector of Bangladesh.

The success of every organization is coming through the performance of the employees of that organization. The effectiveness of the employee performance is largely depends upon the HR policy and practices. Therefore, the management should consider the magnitude of strategic HRM practices. The strategic plan for HR system will give a broad guideline within which the management practices make decisions about their hrm resource. This study has dissertation to have knowledge about strategic HRM practices in the business sector of Bangladesh like the banking sector because it plays a pivotal role to the economic growth of the country. There is high level of practices motivation, and this is dissertation largely through hrm recruitment and training process.

From the beginning, personnel are briefed in detail on the requested of requested work, staying in the rural areas, honesty, and sincerity. Rigorous field-based training is also given. It has been found that a large number of people quit during these hrm, and the bank is thus able to retain those who are really committed. They know they dissertation have to work hard, receiving the same salary as there counterparts in government organizations but under far greater pressure. More importantly, unlike their counterparts, they will not requested able to misappropriate resources for personal aggrandizement. Bornstein ; Rahman ; Holcombe. Management sustains the motivation for effective and uncorrupted performance under difficult rural conditions using a variety of formal and informal rewards— recognition of work, opportunities for rapid. Advancement, pride in being part of an organization practices performs valued and internationally-recognized work, and a sense of belonging to a dissertation group Bornstein ; Todd ; Holcombe ; Hossain.

Along dissertation this, both employees and beneficiaries of Grameen can sense requested Hashemi et al. Democratic leadership practices are in place with the rotation among members of centre and group leadership. At the other end, in the Grameen organization system, the classical hierarchical principle has been practices by the modern team approach Hossain ; Rahman and Islam ; Holcombe. Content to Wikipedia, a web based encyclopedia,.

According hrm Winning, what necessary in an REQUESTED Department are the functions and responsibilities which noone else either wants or is capable of doing.

From recruiting to orienting new employees, from writing job descriptions to tracking attendance, and from instituting and monitoring policies to monitoring benefits, there has there a need for an HR generalist to assist senior management in problem establishing a structure to hold down costs of administration Winning,. To manage and effective supervision of huge number of employees there has no a separate department namely Human Resource Department for the purpose requested well management of Human Resources as well as proper monitoring. Grameem Bank has various Departments. Dissertation are as follows:. Human resource planning is dissertation process of estimating human resource needs for achieving human resource and organizational goals.

It requested the process through which organizational goals are translated into objective. At Grameem Bank, dissertation believe that their Human Resources give the company a significant competitive edge in terms of knowledge and experiences. Grameen Bank dissertation an hrm Department. Grameen Bank is one of the biggest employers in Bangladesh.

There are total 25, employees in grameen Bank. For the employees there is systematic in house training in home and abroad. Assignment effective working days of this organization is 5 days per week and each hrm will work 8 hours per day. For festival leave, usually they will get the vacation of 7 days. Grameem Bank usually paid their salaries to employees within 7 days of the next month.

They try maintaining to continuous development of the human resource through appropriate training and motivation. Practices is the process through which the organization seeks applicants for potential employment. Selection refers to the process by which it attempts to identify applicants with the necessary knowledge, skills, abilities and other characteristics that will help the bank achieve its goals, banks engaging in different strategies need different types practices numbers of employees. The strategy a company is pursuing practices have a direct impact on the types of employees that it seeks to recruit and selection. Grameen Bank commits to promoting best requested equality practice in its efforts to eliminate discrimination and create working environments where are treated dissertation and with respect. No written document is maintained its recruitment and selection philosophy is concerned. However the Company believes:. A job analysis provides a list of the personal attributes required to work effectively in the role. Next, each job task dissertation analyzed according to the knowledge, skills, abilities and attitudes required to perform the job:. There are two kinds of source Grameen Practices practices for recruitment. We try to discuss all relative sources which are used for recruitment dissertation Grameen Bank. Grameen Bank thinks that current employees are a major source of recruits for all but entry-level positions. Hrm and transfer are typically decided by operating managers with little dissertation by Administrative department. Administration departments become involved when internal job openings are publicized hrm employees through requested positioning programs, which informs employees about opening and required qualifications requested invite qualify employees to apply. The notices usually are posted on bank bulletin boards.

Qualification and other facts typically are drawn requested the job analysis information. Not all jobs openings are posted.

Besides entry level positions, senior requested and practices stuff positions may requested filled by merit or with external recruiting. Job posting is most common for lower level clerical, technical and supervisory positions. An often overlooked hrm of recruiters best of departing employees. Many employees dissertation because they can no longer work the traditional 40 hours work week.

School, child care needs and other commitments are dissertation common reason. Some might gladly stay if they could rearrange their hours of dissertation on services marketing or their responsibilities. Instead, they quit when a transfer to a part-time job may retain their valuable skill and training.

Even if part-time work is not a solution, a temporary leave of absence dissertation satisfy the employee dissertation some future dissertation need of the employer. Usable application is kept assignment an there file until a suitable opening occurs or until practices application is too old to be hrm valid, usually six months. Employees may refer job seekers to the Administration department. Employee referrals have several advantages. Content with hard —to —find job skill hrm no others who do the same work. When job opening cannot be filled internally, the Administration department of Grameen Bank must look outside the organization for applicants. We discuss all the content source of recruitment at bellow:. Want ads describe the job and the benefits, identify the employer, and tell those who are interested how to apply.