Any company should have a strong belief in the capabilities of human resources which would provide a strong and vital base for higher productivity, growth and success of the business.
People form the major resource of any organization and the best productivity and efficiency arises when there is a right fit for the right job. The recruitment and selection process hence arises as a vital system.
For the leave or holidays under this Act, a worker/employee shall get at the rate equal to the daily average of his full-time wages/salaries. Wages’ means any remuneration expressed in terms of money or capable of being so expressed that,…
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.
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.
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.
A Professional Employment Organization or a Registered Employer? PEO vs EOR A PEO is a professional employer organization. PEOs provide HR benefits to small and mid-size companies. This can include payroll and benefits, HR, tax and regulatory compliance. According to their national organization, PEOs serves…
We provide hassle-free Remote HR payroll management services for small businesses, medium-sized to large companies. PayrollBangladesh provides end-to-end HR and payroll outsourcing services that seamlessly integrate to your existing HR and accounting processes.
When hiring employees in Bangladesh, establishing a subsidiary or branch office is not always the best route, as it’s often a lengthy and expensive process. Hiring via a Professional Employer Organization (PEO), or Employer of Record (EOR), is a faster…
Top reasons for using Payroll management system in a company What is payroll? What are the roles of a payroll management system in a company? Top reasons why modern companies prioritize outsourced payroll management process. Companies are constantly evolving with…
Payroll Services: Best payroll services will support a company to make employee pay slips on a weekly and monthly basis. In fact, payroll service eases out an accountant's role in a company. In this way, an Accountant can make around…