WELCOME TO THE PRESENTATION

Human Resource Management Practices of Incepta Pharmaceuticals Limited

Group Members
Sharmin Alam ID# 08330130
Jakia Akhter

ID# 08510046 Nahida Akhter ID# 08510102 Arifur Rahman ID# 09310058 Ashraf Uddin ID# 07510041

Introduction
Incepta Pharmaceuticals Ltd. is a leading pharmaceutical

company in Bangladesh established in the year 1999. The company has a very big manufacturing facility located at Savar, 35 kilometer away from the center of the capital city Dhaka. The company produces various types of dosage forms which include tablets, capsules, oral liquids, ampoules, dry powder vials, powder for suspension, nasal sprays, eye drops, creams, ointments, lotions, gels, prefilled syringes, liquid filled hard gelatin capsules, lyophilized injections etc. Since its inception, Incepta has been launching new and innovative products in order to fulfill unmet demand of the medical community. The focus has always been to bring new, more technologically advanced molecules and innovative dosage forms to this company.

Skilled People are there Asset

Our dedicated employees work hard to meet the business and

lifestyle needs. We pride ourselves on the quality and functionality of our products, and we measure our success by how well they are received in the market place. Quite often we get a pat on the back with an industry award that tells us we must be doing something right. high standards and that their employees behave ethical standards act responsibly and comply with the law. Competitive advantages can only be achieved by building up highly motivated and skilled employees at all levels that we enable organization to compete in a fiercely competitive market scenario and to respond appropriately to the market needs, with regard to quality products and services and technological innovations. Incepta pharmaceuticals Ltd.

They are committed to ensuring their business practices meet

Human Resource Management

1. Human Resource Planning Policies
2. Recruiting and Selection Policies 3. Training & development Policies 4. Job Analysis and Job Evaluation Process 5. Performance Appraisal System 6. Promotion Policies 7. Pay Policies

Human resource planning

Human resource planning is the process of estimating human resource needs for achieving human resource and

organizational goals. It is the process through which organizational goals are translated into objective. At Incepta pharmaceuticals Limited, they believe that their Human Resources give the company a significant competitive edge in terms of knowledge and experiences.

Recruiting and Selection Policies

Need assessment Checking the recruiting options Internal External Screening and Short-listing Applications Written test Interview Reference checking Medical check-up Offer letter Orientation /induction Follow up

Training Policies
Inform employees of policies and procedure of Incepta Educate them in job skills Develop them for future advance men Recruitment training Team building and leadership Development of team building and leadership Development of managerial skills

Job Analysis & job Evaluation

Job evaluation is the process of appraising the different

positions of employees in the organization with a view to establish a well conceived for pay-structure. For job analysis Incepta consider several common uses such as- job definition, job re-design, orientation, socialization, carrier counseling, employee safety, performance appraisal and compensation. Incepta Pharmaceuticals Ltd. follows the Ranking and the Classification method for evaluating the job. In case of ranking method a committee typically compared of both management and employee to representative to arrange the job in a simple rank order, from highest to the lowest rank

Performance Appraisal
In this regard Performance appraisals are used as means of communicating to employees how they are doing and suggesting needed changes in behavior, attitude, skill or knowledge. For apprising the performance Incepta Pharmaceuticals ltd consider the different criteria of the employee, such as attendance, attitude, cooperation, initiative, dependability, quality of work, overall output, honesty, personality, ready to take challenge etc.

Pay Policies
Pay structure

No information is given, as this is considered highly restricted information. Provident Fund In Incepta Pharmaceuticals Limited 12% of the basic salary goes to the provident fund and the employee pays the same amount of their basic salary. Medical Facilities Doctors are arranged to visit each location of numbers of times a week to provide necessary medical support to the employees. Moreover, the non-management staffs enjoy medical treatment at Holy Family Hospital at company arrangement. Health Insurance Policy No information is given by the authority of Incepta Pharmaceuticals Limited.

Recommendation
Incepta is a highly professionally managed organization in

where safety leads improved productivity, so Incepta Pharmaceuticals Limited need to provide the employee more quality work life as well as more attractive environment for working. They should keep the work environment sound and healthy for the employee to work in their own environment. Employees satisfaction needs to be increased by maintaining the company policy efficiently to get maximum productivity through employees satisfaction. Though the company has loss in different sector, above all it makes profit in the current year but it need to prevention of loss by adopting effective technology and continuous development of human resource management. Incepta is a pharmaceutical company so for the responsibility of the society it needs to completely obey the national law and order of the Government.

Conclusion
In present competitive and dynamic environment, human resource are now being viewed as the most valuable mean for gaining advantages over other. Competitive advantages can only be achieved by building up highly motivated and skilled employees. To fulfill the vision, mission, and core objectives of a company the management has needed to established a effective and efficient human resource department and hired the confident and most promising professional