Human Resource Practices in Software Company Presentation
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This presentation summarizes the human resource practices of vQsolution Ltd., an emerging software company in Bangladesh. It first provides background on the company and outlines the purpose of studying its HR department and practices. It then describes the HR process, including the company hierarchy and roles of HR staff. Specific HR practices discussed include employee engagement policies, performance appraisal processes, and recommendations for improvement, such as enhancing performance management tools and compensation packages to better retain top talent.
Human Resource Practices in Software Company Presentation
- 1. Human Resource Practices In vQsolution Ltd. 1 Fakrul Hassan ID: 2018010005080 Batch : 26th MBA ( Friday ) School Of Business Studies Southeast University Presented By
- 2. Abstract Businesses today are facing dynamic market conditions, changing consumer behavior, new technology, and more data than ever before. To keep pace, they have to be more agile and respond more quickly to change. This environment demands more than traditional outsourcing. In this presentation, I will try to introduce HR practice in a vQsolution Ltd. (IT company) 2
- 3. Purpose Of This Study • # Finding out the background of vQsolution Ltd. • # Finding out the role of HR department of vQsolution Ltd. • # Identifying the HRM practices of vQsolution Ltd. • # Suggestion of improvement scope and way forward. 3
- 4. vQsolution Ltd. • vQsolution Ltd. is an emerging Software Company established in the year 2013, it’s Global Headquarter is in Bangladesh; vQsolution has the ambition to build excellent software in an agile way with top class proactive developers who exclusively works for a particular stakeholder at a time. 4
- 5. Human Resource Management Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is often referred to simply as human resources (HR). 5
- 7. Hierarchy of vQsolution Ltd 7 • Senior and Top Level professional • Middle Level professional • Entry Level professional
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- 9. HR Stuff Of vQsoltuon Ltd. 9 HR temporary contract are for those categories whose Job description is such, where he/she needs to be under the direct supervision of Company’s authority, whose performance is monitored by Senior Management Team.
- 10. Employee Engagement There has been a very strict policy in vQsolution for attendance and punctuality which motivates me further to investigate the time entry logs of employees. 10
- 11. Performance Appraisal 11 • Performance appraisal is the process of assessing employee’s past performance, primarily for reward, promotion and staff development purposes. Performance appraisal is a process that identifies, evaluates and develops employee performance to meet organizational goals.
- 12. vQsolution’s Performance Appraisal Process •Supervisors •Subordinates •Peers •Clients / Customers •Self-appraisal 12
- 13. Performance Management Process • vQsolution claims to have ineffective performance management tool in place last year. which gives an additional drive to check its effectiveness as well as the perception of the employees. 13
- 14. Recommandation & Conclusion HR department always has been an indispensable part of any organization. Now a days HR employees are called strategic business partners also. For vQsolution Ltd. "Good enough is not enough". As an emerging software development firm, vQsolution is actually doing quite well in-terms of getting new projects and prospective clients. With few improvement scopes in performance appraisal process, reward concept, proper review of compensation packages, effective training and knowledge transfer to build competent resource pool, vQsolution can retain top talent experts and reduce it’s risk of missing software delivery deadlines and release failures. 14
- 15. Thank You! 15