HR Report On BRB Cable Industries Limited

HUMAN RESOURCE MANGEMENT

COURSE CODE – MGT 351
SECTION - 14

SUBMITTED TO
Mr. Shahid Hossain (ShH)

Senior Lecturer

DEPARTMENT OF MANAGEMENT

NORTH SOUTH UNIVERSITY

SUBMITTED BY
GROUP – Alpha
Md. Atikul Islam (Team Leader) ID: 1821869030

Rufaida Mahdiat ID: 2111373630

Tania sultana mitu ID: 2021785630

Nafis Azad Nahian ID: 2111082630

Md Faisal Haque Shah Poran ID: 1731784030

Tawsif Abrar Faiyaz ID: 2112191630

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 LETTER OF TRANSMITTAL

Thursday, 20th April 2022

Mr. Shahid Hossain (ShH)

Senior Lecturer of Management

School of Business and Economics

North South University

Subject: Submission of HR report on BRB Cable Industries Limited

Dear Sir,

We are pleased to submit the following HR report of the project on BRB Cable
Industries Limited as a part of our human resource management project. The
following report contains the overall development of the topic. The main
purpose of this report is to apply the topics learnt so far in the course. We are
deeply appreciating the opportunity of doing this report. We hope that this report
will merit your approval.
Sincerely yours,

Md. Atikul Islam (Team Leader) ID: 1821869030

Rufaida Mahdiat ID: 2111373630

Tania sultana mitu ID: 2021785630

Nafis Azad Nahian ID: 2111082630

Md Faisal Haque Shah Poran ID: 1731784030

Tawsif Abrar Faiyaz ID: 2112191630

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 ACKNOWLEDGEMENT

We would like to express our gratitude to our respected faculty Mr. Shahid Hossain (ShH) for providing
us the opportunity to write the report on such a topic and guiding us throughout the course and making
this report on the process of human resource management of an esteemed company. We would also like
to thank our respected faculty for giving us his valuable time and effort into making sure that we learn
something fun and effective that we will be able to execute in real life for the long run.

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 Table of Contents

Executive Summary.......................................................................................................................5

Introduction....................................................................................................................................5

Methodology...................................................................................................................................6

Background Information..............................................................................................................6

Cultural and Interpersonal Relationship....................................................................................6

Recruitment....................................................................................................................................7

Selection..........................................................................................................................................7

Training and Development...........................................................................................................7

Implication for Strategic Human Resource Management.........................................................8

Benefits Offered.............................................................................................................................9

Calculation......................................................................................................................................9

Recommendation.........................................................................................................................10

Conclusion....................................................................................................................................11

References.....................................................................................................................................11

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 Executive Summary
We have prepared the following report about BRB Cable Industries Limited’s Provident Funds,
Gratuity & other parts of Human Resource Management processes. BRB Cable Industries Ltd.
was established in 1978 to make quality cables and wires and started its commercial production
in 1980. Currently, BRB Cables Ltd. is the class-leading cable industry in the country. The
company has gained notoriety in the country, and its products have been approved and are being
used by central government and non-government organizations. Being the first entrant, the
company is currently enjoying the market leadership position, holding more than 30% market
share in Bangladesh (The Business Standard,02 January 2022). With over 1000 employees, most
of them are recruited straight from various top leading universities. The following report is
divided into several parts: introduction, brief organization overview, company overview,
organization's culture, Provident Funds, Gratuity, recommendations, and lastly, conclusion. Our
research findings have been through a company visit to the BRB and the information available
on the internet.

Introduction
Human Resource Management is a formal way of personnel and people management, which is a
fundamental part of any organization. The main responsibilities of this type of management
includes evaluating, training, and compensation of employees. The HR deals with staff issues in
their working capacity, and work practices that affect the company’s performance. The term
‘Human Resources’ in a business situation means the workforce, i.e., the employees and the
skills they bring and use for the company’s success. Processes such as recruitment of candidates,
selection of eligible employees, training and developing skillset of new employees, maintaining
office relations and strengthening morale are closely monitored by the HR department. Our
research includes the overview of the complete Human Resource Management processes of BRB
Cables Ltd., that also include recruiting, selecting, training, developing, benefits, and
maintaining a strategic human resource management. Our focuses include the Provident Fund, a
retirement savings scheme accumulated every month for employees who also contribute, saved
up to sum amount at retirement or the end of employment and Gratuity, a lump sum amount paid

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by the employer to the employee as a token of appreciation. Our research proceeds to evaluate
and describe these HRM processes of BRB Company Ltd.

Methodology
We’ve followed a specific methodology for this project, including instructions as per our
honorable faculty Mr. Shahid Hossain. At first, we selected 3 companies who have a policy of
Provident Funds & Gratuity and sent their names as a proposal to our faculty. Then our
honorable faculty selected BRB Cables LTD from our proposal. Proper research on the company
and an interview of the HR officer was done. The interview previewed the company’s Provident
Fund & Gratuity information. It also gave us information about the company’s recruitment and
selection processes, training and development processes, and benefits policy that contributed to
the company’s strategic human resource management tasks.

Background Information
BRB Cable Industries Ltd. Established in 1978 with a goal of making quality cables and wires.
BRB started their commercial production in 1980. Currently, BRB Cables Ltd. is the class
leading cable industry in the country. To fulfil the demand in the market, the company started
producing most types of conducting and insulating cables and wires, electrical components and
instruments. BSTI (Bangladesh Standards and Testing Institution) and CPRI (Central Power
Research Institute), India gave them recognition and certificates for distribution. The main
factory is located at BSCIC Industrial Estate, functioning with its own equipment and modern
machinery, along with qualified and experienced people to ensure the quality of their products.
The company has earned fame in the country, and its products have been approved and are being
used by major government and non-government organizations.

Cultural and Interpersonal Relationship

Efforts of individuals in BRB Cables Ltd. for their organizational achievements, goals, and
objectives are utilized and recognized. The workplaces of the firm are characterized by strong
interpersonal relationships between individual workers of their corresponding departments.
Company teams which include more or less 7 members divide their work among themselves.

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Every employee’s contribution is very important in securing organization goals, despite having
separate duties contributing to their respective teams. Knowing these criteria, all the company’s
employees try their best to fulfill their own duties individually in a team. Since the team’s
success depends on the members, the other team members step in to help. Every department’s
work is different, but their prime goal is the same, which is the benefit of the company. BRB
Cables Ltd. also provides sufficient resources to each team so that they can work properly and
flawlessly.

Recruitment
BRB Cables Ltd. uses internal and external recruitment processes to hire employees. Firstly, the
company collects information about staffing needs from various departments. The firm uses an
internal recruitment policy, such as giving the option to existing employees to apply for the job.
The external recruitment process of the firm incudes placing adverts on various newspapers,
websites, and agencies about the jobs. Then the business starts collecting the candidates’
Curriculum Vitae (CV) and creates a pool. The firm also uses a policy of CV Bank, which is a
database of the applicants where staffing needs of any department can shortlist applicants.
Applicants are invited to multiple screening and selection processes before being recruited by the
company.

Selection
BRB Cables Ltd. uses selection methods to determine whether applicants appropriately meet the
staffing demands of the departments. Applicants are screened through checking their level of
education, level of experience, and other fundamental requirements of the company. The firm
then starts shortlisting the employees for recruitment by checking the correctness and validity of
the CVs. The shortlisted applicants are called for a written and viva exam. The firm then
considers hiring applicants who have passed this process. A background check is done, such as
medical test, police verification, document verification, etc., on the applicant, and if they are
correct, an offer letter is sent to them, and if accepted by the applicant, they receive an
appointment card on the day of joining.

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 Training and Development
The HR Training and Development Manager of BRB Cables Ltd. is liable for the association's
staff preparing necessities, projects, and their professional improvement needs. They oversee
training staff, training plan and regulate training courses, alongside overseeing compromise,
group building, and worker ability assessments.

After the selection in BRB Cables Ltd., the employee is called for an orientation. Then a session
called induction is introduced, where employees interact with recently enrolled employees and
support them to adjust to their new jobs and work spaces. During this session they receive help
from a Buddy, who is mainly appointed to help the new employee. A mentor of the company
will also monitor the employees work for 3 months where the employee’s performance will be
evaluated. If the performance of the employee is good then he will be appointed as a permanent
employee. But if not, they will get a letter and get a 3 month extension to improve, and in this
extension period he fails again then he will be terminated. After the 3 months probationary
period the employee might get on the job training or off the job training to get better output.

Implication for Strategic Human Resource Management

Strategic Human Resource Management (SHRM) provides a framework linking people
management and development practices to long-term business goals and outcomes. It focuses on
longer-term resourcing issues within the context of an organization’s goals and the evolving
nature of work. It helps ensure that the various aspects of people management work together to
drive the behavior and climate needed to create value and meet performance targets. It also
informs other HR strategies, such as reward or performance, determining how they are integrated
into the overall business strategy.

BRB Cables Ltd. carry out their SHRM tactic by keeping in mind the motivation factor of the
employees. They focus on both financial and mental satisfaction of the employees. Fulfilling job
satisfaction by ensuring a suitable workplace free from any sort of harassment and injustice, and
preventing misappropriation is the prime objective. They tend to financially satisfy their
employees by handing out special incentives depending on profitability, alongside general
incentive plans, welfare and gratuity bonuses, coverage of employee transport costs and even
their children’s education fees. They keep their employees mentally satisfied by giving valued

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employees their recognition for work, and maintaining a strategic pay plan through salary survey
to avoid imbalanced pay.

Benefits Offered
Employee benefits are defined as the non-wage compensation provided to employees by an
organization in addition to their normal salaries or wages. BRB Cables Ltd. provident multiple
benefits alongside their Strategic HRM tactics to ensure employee satisfaction, including
Provident Fund and Gratuity. Provident fund is a government-managed retirement savings
scheme accumulated every month for employees who can contribute a part of their pension fund
every month. These are easily accessible as a lump sum amount at retirement or the end of
employment. Gratuity is a lump sum amount paid by the employer to the employee as a token of
appreciation for the services they have provided towards the company.

In BRB Cables Ltd. the employer’s contribution to the provident fund is as same as the
employee’s deducted salary, which is 7% of their basic salary. The provident funds saving
depend on the monthly salary of the employee, so during increments, the provident fund
deduction and employer’s contribution will subsequently increase. For the gratuity policy, the
employee has to work in the company for at least 3 years in order to be eligible for the benefit.
The employee can be able to withdraw the lump sum of money as gratuity at the end of his
working period. The gratuity is calculated by the product of last basic salary and length of
service. The company also provides all the money for provident fund and gratuity right after the
employee resigns or retires. So, the vested schedule for the benefits is all at once.

In case of the employee’s death, the accumulated provident fund and gratuity will be sent to the
nominee of the employee, which is chosen beforehand. If no nominee is found, then the money is
dived among the closest kin of the employee through a court process. But if the employee is
fired, the intensity of their offense will determine whether they will be exempted from the
benefits, or enjoy a percentage of their total provident fund and gratuity.

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 Calculation
BRB Cables Ltd. offers a systematic provident fund for their employees.
Let Mr. Karim be an Administrative Officer of the company whose monthly salary is Tk 40,000
and a basic of 60% as per company policy.
By the end of the month, he will earn 60% of Tk 40,000 = Tk 24,000
In the provident fund, the employee contributes 7% of their salary,
which is 7% of Tk 40,000 = Tk 1,680
The employer’s contribution is also 7% of the employee’s salary, which is Tk 1,680
So, the monthly deposited amount is Tk (1,680+1,680) = Tk 3,360
This amount will be deposited until Mr. Karim resigns or retires properly.

BRB Cables also provides gratuity for their long term working employees.
Let Mr. Rahim be a Senior Officer who has worked in the company for 20 years, and his current
salary be Tk 1,00,000 and a basic of 60% as per company policy.
By the end of every month, he will earn 60% of Tk 1,00,000 = Tk 60,000
Gratuity is calculated by = (Last basic salary x Length of service)
So, gratuity received by Mr. Rahim will be, Tk (60,000 x 20) = Tk 12,00,000
This amount can be withdrawn fully by Mr. Rahim when he resigns or retires properly.

Recommendation
1. BRB Cable Ltd. can review their current annual leave to boost employee morale and
productivity.

2. The company can improve the communication system among employees to make teamwork
more effective.

3. BRB Cable Ltd. should establish a proper canteen system to allow employees to be more
social in their work-life.

4. Good work-life balance programs need to be introduced

for increased flexibility during work hours, compressed hours, job sharing, etc.

5. BRB Cable Ltd. should introduce spaces for employees to socialize with peers. Along with
that, it also increases the feeling of inclusiveness within the team.
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6. BRB Cables Ltd. should implement programs to promote and develop coordination amongst
their employees.

7. BRB Cable Ltd. can implement career development programs for existing employees to help
them develop their skills and talents. A lack of a career development program or facility hugely
impacts employee retention.

Conclusion
The HR department of BRB Cable Industries Ltd is managing its task successfully despite its
drawbacks. The training and development program of the HR department is well organized and
efficient in hiring and managing its employees. The interpersonal relationship culture of BRB
Cables Ltd is also effective, which helps them maintain a high level of quality in work, thus
adding to their success. Following a two-way communication system and a well-balanced
Human Resources Department, the BRB Cable Industries Ltd is trying to adapt to modern HR
concepts to smoothen the process. The company's primary motivations are growth and effective
public service, and they are steadily advancing towards their goals.

References
 BRB Cables Job Circular - Top Circular BD. https://topcircularbd.com/brb-cables/
 Noyon, A. U. (2022, January 2). Cable market booms with electrification, infrastructural
development. The Business Standard. https://www.tbsnews.net/economy/bazaar/cable-
market-booms-electrification-infrastructural-development-351931
 B. (2019, June 21). THE COMPANY. BRB Cable Industries Limited.
https://brbcable.com/the-company/

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 Group Alpha

Visiting Card from Md. Moniruzzaman

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