Chapter 1: Introduction 1.1 Origin of the Study All businesses are concerned with earning profit through selling either a product or rendering service. A textile produce tangible product to sell for maximizing their profit. But the most important sector in a textile is the Human Resource Management. Without which an organization cannot perform its functions. And a structural planning process is essential to develop HRM in an organization. Therefore, the Human Resource Practice has an important role to play in the textile sector of Bangladesh. Consequently the study of Human Resource practice in RMG sector in the context of Bangladesh’s developing economy would help in the overall management of balance of payment of the count 1.2 Objective of the Study To acquire knowledge and find the relationship between practical and theoretical background. To evaluate the Human Resource performance of RMG sector. To examine the operational procedure of Textile. To examine various factors and techniques used in HR Planning Process. To analyze the overall performance of foreign exchange operations of RMG sector. To find the position of RMG sector with regard to foreign exchange operations through a comparison with other countries. 1.3 Scope of the Study This report is prepared as a requirement of the course “Human Resource Management.” We selected Square Textiles Ltd and COATS Bd Ltd. working on these organizations we came to know various Kind of HRM practice which are use here. Though they are a textile, they have proved themselves in the related industry as a major competitor. In this report we have 1 followed the guidelines provided by the teacher. Here we have tasked not only the HRM practice but also the marketing, management, finance and operational area of the Company 1.4 Methodology of the Study This report has been prepared on the basis of surveyed information. For preparing this report I have also got the information from annual report and website of the SQUARE TEXTILE LTD and COATS Bd Ltd. Sources of data collection: 1.4.1 Primary Sources Face to face conversation with the respective officers and stuffs of the office. Surveying with employees of the office. 1.4.2 Secondary Sources Various publications on textile. Website of Square Textile Limited. Different procedure manual published by Square Textile Limited and COATS Bd Ltd. 1.5 Limitations Although I have tried to find out the relationship between our theoretical knowledge and practical implication, I have found some differences between what I learn in theory and what are practical. The report was completed under the following constraints Difficulty in gaining accesses to accounts of the textile. Without their own employee it is very much difficult to collect relevant data. In some cases verifications of data were become tough. Unavailability of necessary documents. 2 As the department specified a short span of time, sufficient time could not spend to make on in-depth study on such an important issue. 1.6 Report Preview This report contains Eight chaptersChapter 1 Gives introduction to the report. Chapter 2 Importance of HRM practice Chapter 3 RMG in Bangladesh Chapter 4 provides an overview about the Organizations Chapter 5 HRM practice in RMG Chapter 6 Shows the detailed research, the findings & analysis Chapter 7 Gives suggestions for improvement Chapter 8 Concludes the report 3 Chapter 2: Importance of HRM practice 2.1 Importance of HR practice Every success of origination is depending on efficient and effective man power. HR starts when a man enters in the organization and its end, when he leaves the industry. HR deals with the human dimension. Success or failure of an industry depends on the effective coordination of the resources such as money, material, machinery and men. Among these, the role and operation of men is the most complex. All the activities of an organization are initiated and completed by the persons who make up the industry. Therefore, people are the most significant resources of any industry. HRM is known by different names – Personal management, personal administration, man power management. The role of human resource management in organization is at counter stage. Managers are aware that HRM is a function that must play a vital role in the success of organization. It is an active participant in charting the strategic course an organization must take place to remain competitive, productive and efficient. Its focal point is people; people are the life blood of the organization. The uniqueness of HRM lies in its emphases on the people in work setting and its concerns for the well living and comfort of the human resources in an organization. The HRM function is much more integrated and strategically involved. HRM and every other functions must work together to achieve the level of organization. Effectiveness required competing locally and internationally. Effective use of HRM can help a company significantly. It will definitely help to i. Increase productivity and turnover ii. Improve financial performance iii. Make them dedicated and loyal towards organization iv. Employ the skills and the activities of the workforce efficiently. v. Provide the organization with well trained and well motivated employee. vi. Increase to the fullest the employee’s job satisfaction. vii. Develop and maintain quality of work life. 4 2.2 Job satisfaction Jobs satisfaction is defined as an employee’s overall affective state resulting from an approval of all aspects of his/her job. An employee’s level of satisfaction toward her/his job varies with specific aspects of the job. These are the nature of the work, pay, promotion, coworkers and organizational context Human resources (HR) and other management practices have been changed dramatically in last four decades due to globalization, privatization/deregulation, competition, and technological advances. These highly turbulent environmental changes have enforced organizations to adopt new workplace practices that enhance sustained level of high performance. In recent years, those practices have taken the attention of both practitioners and researchers, increasingly being used by Fortune 1000 companies. Those practices or systems have been conceptualized as high performance workplace practices (also referred in the related literature as strategic HR priorities, involvement work systems, high-performance work systems, high-performance organizations, and high-commitment management) that consist of flat hierarchical structures, job rotation, self-directed teams, participation of employees in decision-making, horizontal communication channel, skills-based pay systems In present study, we conceptualized these practices as high performance HR practices. HR practices have many significant benefits for organizations that have to manage many challenges to survive and competition. Since these practices can help organizations to have achieved “higher flexibility, higher product quality, and higher performance while remaining cost competitive by inducing workers to work harder and using the skills and information of their employees more effectively through moving decision authorities closer to those who have the relevant information” . Also, Huselid suggested that a set of HR practices (as he referred high performance work systems) were related to turnover, accounting profits, and firm market value. It has further been proposed that HR practices are not only beneficial for the employers but also their employees through increased job satisfaction. There are not many studies that investigate the effects of HR practice on employees’ job satisfaction. However most of those studies were conducted in USA. One of the rare comparable research on the effect of HR practice on employee’s job satisfaction for European countries that was conducted by Bauer. 5 Bauer found that a higher involvement of employees in HR practice is associated with higher job satisfaction in his study surveyed 15 European member countries. It is therefore, essential to explore potential the impacts of HR practice on employee’s job satisfaction different economic and cultural context. 2.3 Productivity We focus on productivity as the key outcome. Many studies look at other outcomes such as worker turnover, absenteeism, worker perceptions, etc. These are useful, but if they have no effect on productivity then in our view they are second order –generally studies use them because they have no direct evidence on productivity. HR practice shows great impact over productivity. Applying the principles and methods contained herein should help you achieve sound human resource management practices which can result in increased productivity, reduced staff turnover, and satisfied employees and managers. 6 Chapter 3: RMG in Bangladesh 3.1 AN OVERVIEW OF THE BANGLADESH GARMENTS INDUSTRY The garment industry is the only multi-billion-dollar manufacturing and export industry in Bangladesh. Though it took a rather late start i.e., in 1976 but it soon established its reputation in the world market within a short span of time and became a prominent player in the economy within a short period of time. Resultantly garment is now one of the main export items of the country. Besides, enriching the country's economy it has played a very important role in alleviating unemployment. At present there are more than two thousand one hundred garment factories in the country employing more than 12 lack labors. 85 percent of the labor force is women. Once Sri-Lanka was leader in this field in South Asia and India was its competitor. After a bloody civil war resulting in the quick demise of the garments industry of Sri-Lanka and India, the international buyers and investors diverted their attention towards Bangladesh. As a result the garments industry of Bangladesh expanded with unprecedented success. The role of the RMG sector in our national economy can hardly be over-emphasized. There has been a steady development in our RMG export field during at least the last decade and a half but in the last few years it has been unique. The export of RMG recorded an average growth of 21.53% since 1994-95, which grew to 76.05% by the year 1999. Readymade garments help reducing poverty in Bangladesh even if just one step just like at a time. For example, minimum wages is Taka 5000 ($75) per month, so with this amount, members can fulfill their basic needs. The industry has contributed to export earnings, foreign exchange earnings, employment creation, poverty alleviation and the empowerment of women. The export-quota system and the availability of cheap labor are the two main reasons behind the success of the industry. In the 1980s, the RMG industry of Bangladesh was concentrated mainly in manufacturing and exporting woven products. Since the early 1990s, the knit section of the industry has started to expand. Shirts, T-shirts, trousers, sweaters and jackets are the main products manufactured and exported by the industry. Bangladesh exports its RMG products mainly to the United States of America and the European Union. These two destinations account for more than a 90% share of the country’s total earnings from garment exports. The country has achieved some product diversification in both the United States and the European Union. Bangladesh 7 is currently one of the 12 largest exporters of garments products in U.S.A and U.K. In spite of this, the real situation does not come in front of the world. That is they are not becoming influenced like before any more. We can see this by the price level of our garments products in the world market. The quantity we are exporting is huge but at a very low price. In the statistics the impact may be huge but the condition of Bangladesh is not improving at that satisfactory level. Bangladesh has a great comparative advantage in garments products that is low labor cost. Because of this advantage Bangladesh can produce products more easily than other countries. But labor is cheap here because people who are related to this sector are from very poor background. Most of them are unskilled, uneducated. But if some steps are taken to improve the quality of labor, the proper benefit of this comparative advantage can come out. . The industry provides employment to about 3 million workers of whom 90% are women. Two non-market elements have performed a vital function in confirming the garment industry's continual success; these elements are (a) quotas under Multi- Fiber Arrangement1 (MFA) in the North American market and (b) special market entry to European markets. The whole procedure is strongly related with the trend of relocation of production. The garments industry contributed only0.001 per cent to the country’s total export earnings in 1976, its share increased to about 75 per cent of those earnings in 2005. Bangladesh exported garments worth the equivalent of $6.9 billion in 2005, which was about 2.5 per cent of the global total value ($276 billion) of garment exports. The country’s RMG industry grew by more than 15 per cent per annum on average during the last 15 years. The foreign exchange earnings and employment generation of the RMG sector have been increasing at double-digit rates from year to year. Some important issues related to the RMG industry of Bangladesh are noted in table 8 Important issues related to the Bangladesh ready-made garments industry Years Issue 1977-1980 Early period of growth 1982-1983 Boom days 1985 Imposition of quota restriction 1990 Knitwear sector developed significantly 1993-1995 Child labor issue and its solution 2003 Withdrawal of Canadian restriction 2005 Phase out export quota system Currently, there are more than 4,000 RMG firms in Bangladesh. More than95 percent of those firms are locally owned with the exception of a few foreign firms located in export processing zones (Gonzales, 2002). The RMG firms are located mainly in three main cities: the capital city Dhaka, the port city Chittagong and the industrial city Narayangonj. Garment companies in Bangladesh form formal or informal groups. The grouping helps to share manufacturing activities, to diversify risks; horizontal as well as vertical coordination can be easily found in such group activities. 9 Chapter 4: Company Overview 4.1 History of Square Textile Ltd. Square Textiles Ltd. started its journey by establishing the first unit in 1997. One year later the second unit was established. Square Textile is a subsidiary company of Square Group .The Company was incorporated as a public limited company in the year of 1994. The operation was started in 1997.It was enlisted in Dhaka Stock Exchange & Chittagong Stock Exchange in 2002. Within a very short time of span the company achieved some significance success. Square Textile receives Oeko-Tex standard 100 and ISO-9002 certificates in the year 2000. Authorized capital of the company is tk. 1000 million. It’s paid- up capital is tk. 251.90 million. 1,223 employees are working in this organization. The business lines of Square Textiles Limited are manufacturing and marketing of yarn. The factory is located in Saradaganj, Kashimpur, Gazipur, Bangladesh. Its office is located at Uttara in Dhaka 4.2 Mission and Goals of Square Textile Ltd. Mission The mission statement of Square Textiles Limited is “Our mission is realization of vision through maximum production of goods and services strictly on ethical and moral standards at minimum costs to the society ensuring optimum benefits to the shareholders and other stakeholders.” This mission is envisioned by the concept of business which ensures well 10 being of the investors, stakeholders, employees and members of the society which will create new wealth in the form of goods and services. 4.3 History of COATS Bangladesh Ltd. Coats Bangladesh Ltd, a subsidiary of Coats Ltd UK, is recognized as the most trusted and recommended thread manufacturer and market leader in supplying of Industrial Sewing Thread. Perhaps, that is why many of the high street brands prefer as well as recommend to use Coats Thread. Coats plc has its roots in the very beginning of the industrial revolution, dated back to the mid 18th century. Coats family established its business in Paisley, Scotland in 1755. In 1896 Clarks, another thread manufacturer, merged with Coats. Originating in Paisley, Scotland, both Coats and Clark families they are the pioneers of sewing thread and embroidery thread manufacture in the UK. Coats manufactured sewing and crochet threads, including mercer crochet, while the Clark family manufactured Anchor embroidery threads. In the 1980's another large textile group Vantona Viyella merged with Coats and subsequently acquired Tootal Group another famous UK name. In its journey of more than 200 years, Coats has established its manufacturing plants in more than 70 countries and expanded its business operations in over 150 countries, worldwide. In 1990, Coats expanded its business horizons in Bangladesh and started its operations as Tootal Thread Bangladesh Ltd. In 1997, a global merger with Coats and Tootal Thread formed which is presently recognized as Coats Bangladesh Ltd. At present, Coats Bangladesh Ltd has 2 state-of-the-art Dyeing plants established in Chittagong and Gazipur. With over 800 dedicated employees, Coats Bangladesh is one of finest examples of enriched human resources. Coats Bangladesh was the pioneer in achieving the ISO 9002 Certificate in the Textile Sector. In its continual strive for excellence; Coats Bangladesh has recently achieved the ISO 9001:2000 Certificate. Not only that, Coats has been 'Oeko -Tex' Certified for having Eco Friendly products. 11 Even the 'Best' can be 'Better' -the drive for Coats continues with the focus of strengthening relationship with the customers ensuring enhanced product quality and valued services with every upcoming year. 12 Chapter 5: HRM practice in RMG HRM Practices in Bangladesh garments Industry is the potential industry where the growth of a country depends a lot. In Bangladesh garments industry is also very influential. This industry is very big in Bangladesh and holds a lot of skilled employees. So Human Resource Management (HRM) is very much applicable as well as practiced in the garments of Bangladesh. To compete with the global challenge we have developed a skilled and efficient workforce. This large employee force is managed totally by the HR department. This HR department meets all the requirements of the employees from salary to rewards, hiring to firing employees and other important developing trainings. In Bangladesh Human resource management (HRM) refers to the policies and practices involved in carrying out the ‘human resource(HR)’ aspects of a management position including human resource planning, job analysis, recruitment, selection, orientation, compensation, performance appraisal, training and development, and labor relations. 5.1 HR Practiced tion and change management and employee relations 5.2 Recruitment and Selection process Recruitment 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 company achieve its goals, companies engaging in different strategies need different types and numbers of employees. The strategy a company is pursuing will have a direct impact on the types of employees that it seeks to recruit and selection. 13 Source of recruitment There are two kinds of source used for recruitment .They are 1. External source 2. Internal source. Factors Influencing Recruiting Effort Although every organization engages in recruiting activity some do so to a much larger extent than others. Size Employment condition The effectiveness of past recruiting effort Working condition, salary & benefit package Recruitment Process 1. Determining the number of vacant post: First of all, what number of employee is to be recruited is determined. Generally HRM calls every other department to inform them (HRM) the number of employee they (other departments) need. When the number is determined HRM department goes to the next process. 2. Determining the job criteria: Here the HRM department determines the necessary job criteria discussing with the respective departments. Different jobs require various criteria. 3. Inviting Application: In this step BB invites application from the intended applicants. Generally HRM department advertises inviting application in the dailies. Applicants full filling the job criteria can only apply. Applicants send their CV through mail to HRM department. Besides BB has a CV bank and people interested to work in BB register their CV there. They also come in consideration in case of recruitment. 4. Scanning Application: HRM department now scans all of the CV and calls a limited number of applicants for the next step of recruitment. This scanning is done based on various factors and requirements. 14 5. Tender: The HRM department does not take recruitment exam. It calls tender for taking MCQ test and written exam. The work is given to that bidder who full fills all of the requirements and bids at the lowest rate. 6. MCQ test: In this step, Applicants have to face a MCQ test. The MCQ question paper is prepared under strict secrecy. Governor has the power to suggest question. A special coding system is used to identify the applicants in MCQ test. Applicants passing the MCQ test with at least a predetermined number are called for the written exam and viva voice. 7. Written exam and viva voice: Here applicants have to go through a written exam and a viva voice. In the written exam applicants has to write easy, arguments, solve mathematical problem etc. After that applicants securing a very good number are called for the viva voice 8. Final selection: The number of MCQ test and written exam are summed and averaged. Applicants with a high average number within 100 serial numbers are finally selected. 5.3 Training and Development program Training is a process of learning a sequence of programmed behavior. it is application of knowledge. It gives people an awareness of the rules procedures to guide their behavior. It attempts to improve their performance on the current job or prepare them for an intended job. Development is a related process. It covers not only those activities which improve job performance but also those which bring growth of the personality; help individuals to the progress towards maturity and actualization of their potential capacities so that they become not only good employees but better men and women. In organizational terms, it is intended to equip. Person to earn responsibility and hold greater promotion Posting and Transfer: When a fresher enter in the Job he/she has to complete his/her training period successfully and then he/she is transferred to a branch. The decision of transfer is made by HRM department A mentionable point is that whenever an employee gets promotion he/she is transferred. Sometimes as a punishment an employee is also sent to a distant branch. In case of transfer, a certain process is maintained. Human Resource Department keeps one copy of posting in employee’s personal file and 15 the copy of posting order distribute among employee. There is no hard and fast that after a certain period an employee must be transferred. Types of method practices in RMG .we discuss that method at bellow: On the job training On the job training is a training that shows the employee how to perform the job and allows him or her to do it under the trainer’s supervision On the job training is normally given by a senior employee or a manager like senior merchandiser or a manager. The employee is shown how to perform the job and allowed to do it under the trainer’s supervision. Job rotation Job rotation is a training that requires an individual to learn several different some in a work unit or department and performer each job for a specified time period. In job rotation, individuals learn several different jobs within a work unit or department. One main advantages of job rotation is that it makes flexibilities possible in the department. When one employee like junior merchandiser absence another merchandiser can easily perform the job. Apprenticeship training Apprenticeship training provides beginning worker with comprehensive training in the practical and theoretical expect of work required in a highly skilled occupation. Apprenticeship program combined of the job and classroom training to prepare worker for more than eight hundred occupation such as computer operator, sewing technician. 5.4 Performance Management Performance appraisal is the process of assessing employee’s past performance, primarily for reward, promotion and staff development purposes. 16 Performance appraisal is a process that identifies, evaluates and develops employee performance to meet employee and organizational goals. Performance Appraisal doesn’t necessarily use to blame or to provide a disciplinary action. Previous management theories used to view performance appraisal as a stick that management has introduced to beat people. Performance appraisals are now more clarified and they concentrate on developing organizational strengths and employee performance. Purpose of Performance Appraisal 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 To identify potential for promotion To provide legal & formal justification for employment decision To diagnose the hidden problems of an organization Performance Appraisal Process Who Appraises • Supervisors • Subordinates • Peers • Clients/customers • Self appraisal • 180/360 degree approach 5.5 Employee relation Employers and employees each have their own sets of needs and values, and successful relationship between these two sides requires that some sort of balance be struck. This 17 balance often takes the form of a psychological contract, an understood agreement between employer and employees that defines the work relationship. This contract with or without support of a formal collective bargaining, agreement influence the outcome achieve by each side. SQUARE and COATS group the various into three channel categories those are 1. Employee safety 2. Employee health 3. Employee working condition 1. Employee safety SQUARE provide the employee safety .It ensure the all kinds of job safety such as insurance of each employee not this it provide insurance to the labor. 2. Employee health Free medical checkup, provide health card and also provide necessary medical facilities for each employee. 3. Employee working condition The working condition of employee is very hygienic SQUARE is ISO 9001-2000 Certified company 5.6 Job analysis Job analysis is the procedure for determining the duties and skill requirement of a job and the kind of person who should be hired for it. The supervisor or HR specialist of normally collects one of the following types of information 18 5.7 Work activities First he or she collects information about the job actual work activities such as marketing, sewing, production. This list also include how, why and when the worker performance each activity. Education and qualification Collects the information about education background and qualification. Experience Experience must not be needed for any job in RMG. 5.8 Job Design Job design is the process of structuring work and designating the specific work activates of an individual or group of individuals to achieve certain organizational objectives. The job design can generally be divided into three phases: 1. The specification of individual task. 2. The specification of the method of performing each task 3. The combination of individual tasks into specific job to be assign to individual Environmental considerations Social expectations In designing jobs, the surrounding social expectations must be considered to avoid possible worker dissatisfaction. 19 Workforce availability Job requirements should be balanced against the availability of the people who are required to do the work. Work practices Work practices are set methods of performing work. These methods may arise from tradition or the collective wishes of employees. 5.9 Benefits & Rewards: Garments industry offers a wide number of benefits to its employees. Almost all of them are applicable as far the government regulation. The benefits usually offered to the employees are: Private pension plan Life and accident insurance Medical check ups Nursery and summer camp allowances Car, parking space and allowances, depending on position Health plan and routine medical allowance including optical and dental treatment. Short and long-term disability coverage, as well as life insurance Development opportunities and career support. Retirement benefits. Having rank of a first class gagged officer Entertainment benefit Advance training facilities Promotion There are two criteria for promotion and they are: Performance and Seniority. There is also certain ratio use in case of promotion. Sometimes this ration is not maintained if there are adequate employees able of promotion according to certain criteria. Educational qualifications are big factor in case of promotion. Employees having higher degree and good number of training experience is given preference for promotion. 20 When an employee is promoted to a higher post, he gets more authority coming with more responsibility, higher salary and better number of benefits and so on. 21 Chapter 6: Findings and analysis 6.1 SWOT ANALYSIS OF RMG SECTOR SWOT analysis means the analysis of strength, weakness, opportunity and threats for RMG sector by collecting data from both Square and Coats BD. It is given below Strength: Strong workforce(dedicated & loyal employees) Low labor cost. Energy at low price. Easily accessible infrastructure like sea road, railroad, river and air communication. Wide ranges port facilities. Improved GSP advantages under Regional Cumulative. Looking forward to Duty Free Excess to US, talks are on, and appear to be on hopeful track. Adjudication service of the International Center for the Settlement of Investment Dispute (ICSID) offered. Excellent Tele-communications network of E-mail, Internet, Fax, ISD, NWD & Cellular services. Globally recognized and loyal customers Weakness: There are too many departments under the super vision of the general manager which can cause low productivity due to large span of super vision. 22 Employees face too much stress while they are on training as they have to finish their incomplete job which were not done during training. It creates double pressure for employees Autocratic approach of nearly all the investors. The country is deficient in creativity. A small number of manufacturing methods. Sluggish backward or forward blending procedure. Time-consuming custom clearance. Unreliable dependability regarding Delivery/QA/Product knowledge. Long lead-time Communication gap created by incomplete knowledge of English. Lack of marketing tactics. Subject to natural calamities. unfavorable work atmosphere Opportunity: There are bright opportunities for the Company in the overseas market. If is can communicate well and capture a significant market portion in the Europe and USA market It can get scale of economic. Huge financial turnover gives them freedom to enhance their business Chittagong port is going to be handed over to the foreign operator, which will make the port’s service much faster, it will also reduce lead-time as well as total cost will be decreased Threats: Political instability Frequently changing of laws and regulation Economical fluctuation New competitors 23 Raw material crisis Shifting trend from cotton fiber to polyester fiber Fluctuation in international market price Global Competition Pest diseases on cotton crop result in low production of cotton lint Import of cotton 6.2 Job Satisfaction and Productivity: Job satisfaction occurs because of certain facets. They are followings. Work itself Pay Advancement Opportunities Supervision Coworkers etc Enjoying the work itself is usually the facet most strongly correlated with high levels of overall job satisfaction. Interesting jobs that provide training, variety, independence, and control satisfy most employees. In other words, most people prefer work that is challenging and stimulating to work that is predictable and routine. Moreover, there is an interesting relationship between salary and job satisfaction as well as job condition. Personality also plays a role in job satisfaction. Productivity & performance are the impacts of Job Satisfaction: There are consequences when employees like their jobs, and there are consequences when employees dislike their jobs. Managers’ interest in job satisfaction tends to center on its effect on employee performance. There are large number of studies that have been designed to assess the impact of job satisfaction on employee performance, OCB (Organizational Citizenship Behavior), customer satisfaction, absenteeism, turnover, and workplace deviance. 24 Job satisfaction and Job Performance: There is a positive relationship between job satisfaction and job performance. Organizations with more satisfied employees tend to be more effective as well as productive than organizations with fewer satisfied employees. Happy workers are not necessarily productive workers but productivity is likely to lead to satisfaction. It might not be true that a happy worker is more productive, it might be true that happy organizations are more productive. Job Satisfaction and Absenteeism: There is a negative relationship between satisfaction and absenteeism but the correlation is moderate to weak. Dissatisfied employees are more likely to miss work. Therefore, satisfaction leads to attendance and dissatisfaction leads to absenteeism. Job Satisfaction and turnover: Satisfaction is also negatively related to turnover, but the correlation is stronger than absenteeism. Labor market conditions, expectation about alternative job opportunities, and length of tenure with the organization are important constrains on the actual decision to leave one’s current job. Other factors like pay rises, praise, recognition, rewards, vacation/sick off leave, promotion also determine the job satisfaction which leads to the chance of turnover. Job Satisfaction and Workplace Deviance: Job dissatisfaction predicts many specific behaviors, including unionization attempts, substance abuse, stealing at work, undue socializing, and tardiness. Researchers argue that these behaviors are indicators of a broader syndrome that we would term deviant behavior in the workplace. The key is that if employees do not like their work environment, they will respond somehow. One worker’s response might be to quite. But another may respond by taking work time to surf the Internet, taking work supplies for personal use and so on. 25 6.3 Findings and Analysis of Job satisfaction of employees of RMG sector OVERALL, HOW SATISFIED ARE YOU WITH YOUR CURRENT JOB AT RMG SECTOR (SQUARE? COATS BD)? From this job satisfaction pie graph, we can see that most of the employees (49%) are satisfied with their job. They are very satisfied about their salary which is 15%. Employees also feel near to satisfied in flexibility of work hours, physical working and job security field. There are also a few employees who are very dissatisfied (4%) and dissatisfied (11%) with the aspects. So, Companies should try to improve this field of job satisfaction for their employees 26 WHAT ARE THE THREE MOST IMPORTANT REASONS THAT YOU CONTINUE TO WORK FOR (SQUARE /COATS BD )? Chart Description: Employees were asked to provide three answers to this question. 27 Their first answer is the “Top Answer”, and these numbers add up to 100%. The following two answers were combined as the “Secondary answer”, so secondary answers add up to 200% (two choices per employee). The entire chart adds up to 300%, representing all three responses. HOW LIKELY IS IT YOU WILL BE WORKING AT (SQUARE /COATS BD )? 28 WHAT IS THE BEST THING ABOUT WORKING AT RMG SECTOR (SQUARE /COATS BD )? 29 Chart Description: The chart is a compilation of responses to an close-ended question. If employees provided multiple answers to the questions, only their first response is included in the chart. “Other” Includes: Customers (0.7%); Lack of stress (0.6%); “other” others (1.2%). Other Notes: “People/co-workers/staff” includes Teamwork (0.7%); “Schedule or schedule flexibility” combines Flexible schedule (3.4%) and Schedule/hours (5.1%); “Good boss/management/supervisor” includes Lack of micro-management (1.0%) and I am recognized and appreciated (0.6%). WHAT IS THE WORST THING ABOUT WORKING FOR RMG SECTOR (SQUARE /COATS BD)? 30 Chart Description: The chart is a compilation of responses to an close-ended question. If employees provided multiple answers to the questions. “Other” Includes: Budget issues/lack of funding certainty (1.6%); Negative public perception (1.6%); Lack of training (1.6%); AMHS specific issues (1.6%); DOT too huge/not well organized (1.4%); Lack of job security (1.1%); Lack of quality planning (0.8%); Benefits (0.9%); Location of job (0.7%); Stress (0.6%); Contractor issues (0.6%); Unions 0.5%; “Other” other (3%). Other Notes: “Hours/Schedule” includes Not enough hours; Seasonality of work; Lack of flexible hours. 31 IF YOU COULD DO ONE THING TO MAKE RMG SECTOR (SQUARE /COATS BD )MORE EFFECTIVE OVERALL, WHAT WOULD IT BE? 32 Chart Description: The chart is a compilation of responses to an close-ended question. If employees provided multiple answers to the questions, only their first response is included in the chart. “Other” Includes: Improve schedules/schedule flexibility (1.4%); People need to be more kind/fair to each other (1.2%); Create more advancement opportunities (0.8%); Adhere to higher quality standards (0.6%); Public Relations (0.6%); More in-house projects (0.5%); “Other” other (7.3%). Other Notes: “AMHS Specific” includes comments such as “Improve schedules, fares, service,” and “Run ships like a business.” “Hire more qualified people” includes comments such as “Don’t promote based on favoritism.” 33 Chapter 7: Recommendations 7.1 Recommendations: From the analysis with the organization structure we have seen that its span of super vision is too large. A number of departments report directly to the general manager. If the number were less the efficiency and productivity of the organization might be increased. Quality control department should remain prompt always. So that it can maintain a certain level of standard as per the market demand to capture the foreign market share it should strive more. Sometimes job responsibility becomes a burden for the employee when he or she goes for off the job training. Because when he comes back the tasks which were undone at the time of his absence for training purpose have to be completed within a short period of time. Sometimes it become a great burden for the employee as he has to finished his previous and present accumulately. So HR department should focus on this problematic issues Sometimes HR do not emphasize enough on the motivation of employee while they are given training. So employees may not learn the training properly because of lack of motivation so HR should focus on this issue. Because according to expectancy theory describe below. . 34 Chapter 8: Conclusions 8.1 Conclusions The flourishing of any industry requires combined efforts and co-operation from several parties. Social, political and macroeconomic environment play pivotal role in this regard. Though Square Textile is a newly Ventured Company in the respective sector, its growth and expansion is praiseworthy. It’s contributing the country and serving the nation in different ways. If it can up hold it’s much toward advancement, it will be able to set a role model in our country. The garment industry is the only multi-billion-dollar manufacturing and export industry in Bangladesh. Though it took a rather late start i.e., in 1976 but it soon established its reputation in the world market within a short span of time and became a prominent player in the economy within a short period of time. At present there are more than two thousand one hundred garment factories in the country employing more than 12 lack labors. So the Human Resource Practice has an important role to play in the textile sector of Bangladesh. In this report we will discuss the HRM practice in textile sector. We selected Square Textiles Ltd and COATS Bd Ltd. For our report. Square Textiles Ltd. started its journey by establishing the first unit in 1997. Within a very short time of span the company achieved some significance success. Square Textile receives Oeko-Tex standard 100 and ISO-9002 certificates in the year 2000. Coats Bangladesh Ltd, a subsidiary of Coats Ltd UK, is recognized as the most trusted and recommended thread manufacturer and market leader in supplying of Industrial thread. . Coats family established its business in Paisley, Scotland in 1755. Coats Bangladesh was the pioneer in achieving the ISO 9002 Certificate in the Textile Sector. . To compete with the global challenge we have to develop a skilled and efficient workforce. . So Human Resource Management (HRM) is very much important. This large employee force is managed totally by the HR department. This HR department meets all the requirements of the employees from salary to rewards, hiring to firing employees and other important developing trainings. In Bangladesh Human resource management (HRM) refers to the policies and practices involved in carrying out the ‘human resource(HR)’ aspects of a management position including human resource planning, job analysis, recruitment, selection, orientation, compensation, performance appraisal, training and development, and labor relations. Recruitment, selection, and on boarding (resourcing),Organizational design and development Business transformation and change management, Performance, conduct and behavior management Manager, labor and employee relations, Human resources (workforce) analysis and workforce personnel data management these are the HR practices of an organization. 35 Bibliography: Human Resource Management-Gary Desslar Website: http://textile.squaregroup.com www.coatsbd.com www.explorehr.org 36