This document discusses the human resources management practices of Abudawood Trading Co. It provides information on the founder and directors of the company. It then outlines the company's vision, mission, and approach to managing human resources through recruitment, selection, training, compensation and benefits. Industrial relations, communication practices, and terms of employment are also summarized. The conclusion emphasizes the company's focus on recruiting and retaining top talent.
9. VISION
• Best Integrated Service Provider in the Region
• Every Business Partner satisfied
• Every Employee committed
• Every Commitment delivered
• Focus on mutual Growth & Benefits
10. MISSION
Our purpose is to constantly and surely grow the
wealth and well-being of our shareholders,
employees, principals and community.
17. RECRUITMENT & SELECTION
3. Induction Process at Abudawood Trading Co.
• Pre-employment medical test.
• Offer Letter.
• Joining Report.
• Probation Period.
• Confirmation Letter.
• Resignation.
• Termination or Dismissal.
• Retirement.
• Clearance Certificate.
18. TRAINING & DEVELOPMENT
Training Need Assessment.
• Training Planning.
• Orientation Training to new Employees.
• Quality Audit Training.
• Technical Training.
• In-House Training.
• Out-sourced Training.
• ROI on Training.
• Evaluation of Training.
19. EMPLOYEES SERVICE SAFETY, HEALTH
& WELFARE:
•Employees – Our people ore our best assets.
• Activities in Safety Sector:
Safety Education.
Quiz contests regarding “Safety on Job”.
• Activities in Health Sector:
Water Filtration Plant.
First Aid Facilities.
20. Employees - The Force Behind Our Business and
Change.
• Activities in Welfare Sector:
Maintaining Balance Between Work and Social
Life.
General Education.
Green Working Environment.
Employee Benefits.
EMPLOYEES SERVICE SAFETY, HEALTH
& WELFARE:
44. MANPOWER PLANNING
Manpower planning is a process which involves:
• Recognize how people develop.
• Identify the relationship between technical, functional and behavioral
competencies within ATCO.
• Identify various competency models and assessments.
• Recognize available tools and resources.
Steps for Manpower Planning at Abudawood Trading Co:
• Analysis of current Manpower situation.
• The creation of Skill Inventory.
• The Turnover Problem & its overcome.
45. SALARY ADMINISTRATION
• Pay Day: Salary payment is made on 1st of the month.
• Deductions: Deductions from the employee’s salary account include:
Company loan repayments.
Income tax.
Provident fund contribution/ EOBI deduction.
• Salary Advance:
Cases where a salary advance may be considered are as
follows:
Serious illness in the immediate family.
Marriage in the immediate family.
House building.
Any serious emergency.
46. • Approval Process:
Factors which may be considered in deciding the
approval are:
Purpose of financial assistance and its
urgency and criticalness.
Employee’s service period with the
organization.
Prior record, if exists, of the similar assistance.
47. Associates Benefits:
• Car/Motorcycle.
• Bonus.
• Gratuity.
• Provident Fund
• Group Life Insurance.
• Health Insurance/Hospitalization Plan.
• Personal Accident.
• Compensatory Leave.
• Inconvenience Allowance.
• Personal Loan
48. INDUSTRIAL RELATION
Abudawood Trading Co. Culture:
• The management of Abudawood Trading Co. ensures peaceful
industrial relations.
• Although workers are encouraged to suggest improvements but
they cannot implement them on their own, unless authorized to do
so.
• Workers and Abudawood Trading Co. both try to promote and
foster an atmosphere of mutual trust, confidence, understanding
and cooperation.
49. • Right of Abudawood Trading Co. :
• Abudawood Trading Co. has the right to manage, control and use
the property of its enterprise and conduct its business in any
manner considered appropriate to it.
• Abudawood Trading Co. has right to use the resources available to
it including Human Resource efficiently and effectively in the best
interest of the enterprise.
50. SYSTEMS OF COMMUNICATIONS
In ATCO communication is a very important aspect of the Human Resource
Management.
Forms of communication in the work place:
• Business Letters.
• Memos.
• Presentations.
• Notices.
• Agendas.
• General Letters.
• Announcements.
• Meetings.
• Feedbacks.
• Policies.
• Group Discussions.
51. It is the only thing which helps to connect the HR Management
Department with other departments, individuals and as well as with
independent groups.
• Forms of communication in the Company:
• Advertisements. Meeting.
• Memos. Publications.
• Letters. Research Articles.
• Declarations. Addressing.
• Press Releases. Manuals.
• Campaigns. Notices.
• Annual General Meetings.
53. TERMS & CONDITIONS OF EMPLOYMENT
Employment:
• Filling the Job Opening:
• Personal Details:
Address.
Bank Details.
Beneficiaries.
Contact.
Qualifications.
Past Experience.
Date of Birth.
NIC no.
• Total Remuneration:
54. Resignation:
• If an employee wants to terminate his/ her employment,
then he/ she must submit a written notice of resignation to
his/ her manager.
• The notice period is as follows:
• One month notice of payment of one month’s salary in lieu of notice.
• When necessary and practical, the factors contributing to employee’s
resignation will be discussed in an Exit Interview.
55. CONCLUSION
• ATCO's believes that the success of the
company is achieved through the people it
employs.
• The company aims to recruit & select the
best people, to retain them by offering
ongoing training relevant to their position
and to promote them when they are ready.
• Its recruitment policies, procedures and
practices reflect the company's
determination to fulfill its aim.