Human Resources Practices in Incepta Ltd

Human Resource Management Practices of Incepta Pharmaceuticals Limited

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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. 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.

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Process of Human Resource Management

• • • • • • • The modern HR Processes are grouped into logical HR areas as they provide the value added to the internal and external clients. The main HR Process Areas are: Recruitment and Staffing Compensation and Benefits Training and Development Career Development Talent Management Leadership Development HR Controlling

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Activities of HRM in Incepta Pharmaceuticals ltd

• • • • • • • • • Determining the requirements for human resources Forecasting the requirements for human resources Recruiting and selecting human resources Integrating employees Training human resources Communicating with human resources Human resource assessment Career development Motivating human resources

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Functions of HRM in Incepta Pharmaceuticals Ltd.

The main Functions of Human resource Management are 1. 2. 3. 4. 5. 6. 7. Human Resource Planning Policies Recruiting and Selection Policies Training & development Policies Job Analysis and Job Evaluation Process Performance Appraisal System Promotion Policies Pay Policies

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Planning policy

 Human resource planning is the process of estimating human resource needs for achieving human resource and organizational goals.

Recruitment & selection...