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Human Resource Management Services

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HR Outsourcing: Expectations Vs Reality

Is Outsourcing HR Services Good For Your Business? Outsourcing HR allows a company to save money and time while also giving them a competitive edge in their human resource operations and providing better assistance to their employees. It assists organizations…

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Evaluating Critical Operational Signals Demanding Strategic HR Management Solutions

Executive Summary: Identifying HR Management Distress Signals Evaluating critical operational signals demanding strategic HR management solutions is vital for corporate leaders navigating rapid organizational scaling in Bangladesh. Specifically, recurring calculation errors, escalating labor compliance exposure, and administrative paperwork bottlenecks signal…

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Facts About Human Resource Management

Essential Principles Driving Human Resource Management Success

Executive Summary: Strategic Principles of Human Resource Management Human resource management extends far beyond administrative record-keeping to serve as a vital driver of enterprise strategy. Specifically, understanding core HRM principles empowers business leaders across Bangladesh to align talent acquisition, statutory…

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Payroll Services in Bangladesh, Workforce Planning

6 Reasons Why You Need Workforce Planning for Your Organization

Workforce planning helps to find and keep skilled and experienced employees who produce high-quality service. It is a process that helps to prepare a business for future workforce management. 92% of companies reported they experienced higher turnover due to poor…

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Employee Experience Certificate

Employee Experience Certificate Template

Executive Summary: Employee Experience Certificate Templates & HR Compliance Issuing a statutory Employee Experience Certificate (Service Certificate) is a legal requirement under Section 31 of the Bangladesh Labor Act 2006. Consequently, HR departments must maintain standardized, professionally drafted templates that…

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Payroll Services in Bangladesh Blog

Mastering HR Recruitment and Selection to Scale Enterprise Talent

Executive Summary: Strategic HR Recruitment & Selection Architecture Establishing a robust human resource recruitment and selection architecture is essential for organizational expansion and long-term business performance in Bangladesh. Specifically, aligning candidate competencies with corporate objectives minimizes hiring risk, reduces employee…

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Workers Wages Calculation

Workers Wages Calculation And Paying Employee Unveiled Leave

Direct Answer: How Are Worker Wages and Leave Encashment Taxes Calculated? Worker wages and unutilized earned leave encashments are calculated based on average daily basic pay under Section 117 of the Bangladesh Labour Act 2006. Gross payouts form part of…

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onboard, manage, and pay your employees globally, working hours

Workers Overtime Compensation in HR Staffing.

The normal working hours are 08 hours a day and 48 hours a week. The “hours of work” is defined as the time during which the workers are at the disposal of the employer, excluding intervals for rest and meals. Overtime is work performed on any day or week for more than the hours fixed under the BLA 2006, i.e., 8 hours a day and 48 hours a week. The maximum working hours, inclusive of overtime, may not exceed sixty hours in any week and on average fifty-six hours per week in any year. Thus maximum overtime is two hours a day and 12 hours a week. However, the average overtime hours in a year must not exceed 08 hours per week.

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Payroll Services in Bangladesh Blog

Employment Agreement – HR Annual Leave of Holiday Entitlement

Regulations on annual leave and holidays according to the Bangladesh Labour Act 2006, amended in 2013, the annual leave entitlements vary according to the worker’s age and industry and are capped on a similar basis.  The qualifying period for all workers’ annual leave entitlement is one year of continuous service in an establishment with a minimum of 240 days of service within the previous twelve months. A year’s service is taken to be continuous despite any interruption in service due to any holiday, leave with wages, leave without or without wages due to sickness or accident, maternity leaves not exceeding 16 weeks, period of lay-off, or legal strike or lock-out.

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Human Capital Resources Management Service, employment contract

Types Of employment Contract And Job Classification

All workers shall have equal employment contract opportunities irrespective of age, sex, marital status, family status, disability, race, nationality, or religion. Job seekers are treat fairly and equally. Employment should be offered only to the best-qualified applicants with reference to their merits and abilities to meet the requirements of the jobs. Irrespective of whether they are referrals or direct applicants.

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