Elite Paint HRM 410

COMPANY BACKGROUND

Elite Paint is one of the leading manufacturers of paints in Bangladesh. The company is operating in this particular industry for almost 57 years and it is one of the oldest names in the paint industry of Bangladesh. The founder of the Elite Chemical Industries Limited, late Mr. Serajuddin Ahmed came to East Pakistan from India in 1947 (after the partition) and started his business in a small scale. After completion of his study, in 1952, late Mr. Serajuddin Ahmed established a small paint manufacturing factory by the name of Elite Chemical Industries. The company started its journey with a small manufacturing base, tiny capital and simple machinery. The company started producing and marketing their products to the local market at that particular time and now Elite is one of the renowned paint manufacturers in the country. At this point of time Elite offers all kinds of painting solutions in decorative, industrial and in marine segment for both decorative and protective purpose.

Elite paint has a strong marketing network throughout the country. The company has their head office in Dhaka and they have their marketing operation in different zones like Dhaka, Chittagong. Noakhali, Sylhet, Rangamati, Bogra, Barisal, Kustia and Khulna. Theses zone are also covering few areas and the company is trying to expand their business around the country. The basic operations of Elite Paint Group of Industries are as follows:

* Elite Chemical Industries LTD. Chittagong

* Hexagon Chemical Complex LTD. Chittagong

* Elite Iron and Steel Mils LTD. Dhaka

* Elite Oil Refinery LTD. Chittagong

* Elite International LTD. Chittagong

* Delight Knitting Company LTD. Chittagong

* Elite Garment Industries LTD. Dhaka

Its corporate head office is located in Dhaka and factory is sited in Chittagong. Elite establish well equipped paint laboratory in its factory and engage highly qualified chemists and specialist. To enhance the technical strength, Elite Paint undergoes technical collaboration with DNT, Japan and Crown Berger, UK.

OVERVIEW OF ELITE PAINTS BANGLADESH LTD.Elite Paints began its painting in Bangladesh since independence. Over the decades,

Elite has evolved to becoming the leading paint solution provider in this country and has

diversified into every sphere of the industry - from Decorative Paints to Industrial

Coatings, from Marine Coatings to Powder Coating and what not. Elite has invested

more on technology and Research & Development (R & D) than any other manufacturer

in this market. With its strong distribution network, Elite has reached almost every

corner of Bangladesh. Nationwide Dealer Network, supported by 7 Sales Depots

strategically located at Dhaka, Chittagong, Rajshahi, Khulna, Bogra, Sylhet and Comilla

has an unmatched capability to answer to paint needs at almost anywhere in

Bangladesh.

VISION

The company’s vision is to remain as the benchmark in the Paint industry by:

Being an innovative and technology driven Company consistently delivering world-class

products ensuring best consumer satisfaction through continuous value added services

provided by highly professional and committed team.

MISSION

The company’s mission is to increase their turnover by 100% in the next five years.

They shall remain socially committed ethical Company.

CORPORATE OBJECTIVE

Elite’s mission is to add value to life, to outperform the peers in terms of longevity,

customer service, revenue growth, and earnings and cash generation. It will be the

employer of choice for all existing and future employer.

ORGANIZATION STRUCTURE

Elite paint BD limited is one of the biggest companies in paint industry. Its Organization

structure becomes a little complicated than before. It is organized on functional basis. It

is consisted of more than 300 employees of whom about 160 are general workers and

the rest are white color employee. These employees are working in different factories

and depots of the company.

The positional hierarchy of the company is starts with the Managing Director, then

Director, then Executive=II, under him is Executive=I, under him is the Senior

Manager, then the Manager, then the Assistant Manager and finally the officers (I, II, III,

IV).

PRODUCTS OF ELITE PAINTS LIMITED

On product lines, Elite Paints Bangladesh Ltd. can be differentiated into decorative,

Industrial and Marine paints.

Decorative Products: The objective is to beautify the surfaces with protection from

corrosion and erosion. This business category mainly targets household segment and

products are being offered to the consumers through a dealer network. Products fulfill

the aesthetic value of the consumers. This section constitutes the major revenue

earning business area of Elite Paints Bangladesh Ltd. Decorative products include

luxury silk, Robbialac Acrylic Plastic Emulsion, Robbialac Easy clean, Robbialac Super

Gloss Synthetic Enamel (RSE), Robbialac Acrylic Distemper (SPD), Weather Coat

Smooth, Robbialac Aluminium Paint, Elite illusions, Elite color bank products, Robbialac

Zinc Phosphate Primer, Robbialac Synthetic Undercoat, etc

Industrial protective coatings: These are tailor made products used to cater to the

specific needs of customers. These products give protection to the surfaces in extreme

situations like severe hazardous environment, high temperature, movement of heavy

materials and machinery etc. Direct marketing approach is being used to promote the

Industrial Coatings. Main customer groups are Garments Factories, Chemical Plants,

Fertilizer Manufacturing Plants, Consumer Durable Manufacturing Plants etc. Industrial

protective coatings are categorized into industrial finishes, high protective coatings,

industrial primers and other products.

Marine Products: Products are being offered mainly through direct marketing

approach. The main user groups of these products are Dock Yards, Bangladesh Navy,

and Passenger Ships. Market is mostly concentrated in Dhaka and Chittagong.

Elite’s marine coatings include Seaborne High Gloss Enamel, Seaborne Aluminium

Paint, Seaborne Aluminum Hold Paint, Seaborne Topside, Seaborne Deck Paint, Elite

Marine Enamel, Seaborne High Performance Epoxy Coatings, Seaborne Chlororubber

Antifouling, Seaborne Red Lead Primer, Seaborne Zinc Chromate Primer, Elite Marine

Red Lead Primer, Elite Marine Anticorrosive Primer, Seaborne Paint Remover,

Seaborne Rust Remover, etc.

SERVICES OF ELITE PAINTS Elite Home Décor is a service wing of Elite Paints Bangladesh Ltd. Elite Home Decor

offers two-stage services which include free service and paid service. Elite Home Décor

is currently offering wide range of services to its prospects and existing consumers.

Technical advice on surface preparation and application guideline include paint

selection, dealer selection, painter/ contractor selection and color scheme. There is

defined Telephone number for queries. By ringing simply in the number one can make

query or seek available services from the company. According to the nature of query,

the company provides solutions.

PEOPLE AT ELITE

People at Elite Bangladesh believe that ‘their People’ are ‘their Strength’. It is the people

who with their sheer hard work, dynamism and creative minds have made the business

succeed. Their professionalism, excellent teamwork and strong commitment to their

service, customers, associates and finally to the communities they live in, have enabled

Elite to remain as the market leader in the Paint industry.

Elite place high priority in developing their human resources. Importance is given on

relevant on-the-job, in-house and external training programs, so that their people are

well equipped with necessary skills. They augment those skills through appropriate use

of information technology in order to maintain productivity and competitive edge. Elite

Bangladesh’s culture encourages professionalism, stimulates teamwork and promotes

innovation reinforced with highest ethical standard.

Human Resource Department

The existence of a human resources department is vital to overall productivity and efficiency of the strong workforce in any thriving company. In most professional organizations, the role of the human resources department is not sidelined or eclipsed by other departments. In fact, good human resources can be one of the most valued and respected departments in an organization; their job is people, and people are the company‘s most important asset.

Now in the competitive global market human resource is the most welcomed resource than other resources. Human resource planning will be a central matter in the strategy of Elite paints Ltd. This is because human resource planning would help our managers to decide what strategies to develop to help maintain a supply of skilled workers who will best contribute to meet the future needs of our organization.

Recruitment Process

Applicants must include academic report, transcript and reference report on the closing date.All Applications would be sent to the screening committee.The screening committee would make short the applications and conduct interview for other candidate.Screening Committee would recommend the selected candidates who would pass from the interview.The Appointment committee would discuss and decide the selected candidates and would recommend salary and would provide offer latter on same day.

Selection Strategies

Employee testing and selection process is methods that Elite paints follows to hire employees. All selection activities, from the initial screening interview to the physical examination if required, exist for the purpose of making effective selection decision in the organization.

Selection is a constant process. As it‘s the matter to have the right employees for the organization to perform efficiently, Elite paints Ltd would focus onto that issue with great consideration .The number of steps in the selection process and their sequence will vary, not only with the organization but also with the type and level of jobs to be fill The recruitment process of Elite Paints Bangladesh LTD are given be-

Screening Committee would recommend the selected candidates who would pass from the interview

The screening committee would make short the applications and conduct interview for other candidate

All Applications would be sent to the screening committee

Applicants must include academic report, transcript and reference report on the closing date

The Appointment committee would discuss and decide the selected candidates and would recommend salary and would

provide offer latter on same day

Selection Process

Selection is a constant process. As it’s the matter to have the right employees for the organization to perform efficiently, Elite Paints Bangladesh LTD would focus onto that issue with great consideration .The number of steps in the selection process and their sequence will vary, not only with the organization but also with the type and level of jobs to be filled. The steps of the selection process of Elite Paints are given below-

File search or advertisement

Selection of the right candidates and Shortlist

Introduction of the selected candidates to the consumers

Job Offer to selected candidate

The Interview Selection Panel

The role of the Interview Selection Panel is to assess the comparative merits of each applicant, based on the selection criteria and recommend suitable applicants with the greatest merit for interview and overseeing the eventual appointment of the most suitable candidate for the vacant position on offer.

The Shortlist

Once the application deadline has closed, the Selection Panel will assess the applications to determine who will be invited to interview. This process is known as short listing. During short listing, selection panel members compare all applicants against the essential and desirable selection criteria in order to: eliminate unsuitable applicants, and Identify applicants who best match the required criteria. Only the most applicants who demonstrate that they meet the criteria will be considered for interview.

The Interview

Only Candidates selected for interview will be contacted by phone, fax or email shortly after the closing date. Further interview information is available at Interview structure – notes for candidates attending interview At the interview, the Selection Panel will be seeking to assess each applicant in relation to the position and the selection criteria. Each applicant will be asked the same core questions based on the job related criteria to ensure a consistent and fair approach. At the end of the interview applicants may discuss matters that may not have emerged in response to questions raised during the interview, add or clarify any information previously stated, or ask any questions. The Selection Panel will advise candidates about the timing of the final decision to appoint the most suitable applicant(s) and when they will be notified of the eventual outcome.

Additional forms of assessment

In addition to the interview, the Selection Panel may use other forms of assessment such as PowerPoint presentations, or asking applicants to complete an assessment task. If this is the case, applicants will be provided with advance notice of this type of assessment.

Contacting Referees

Only referees nominated by the candidate will be contacted to provide documentary evidence in relation to suitability for the role or character. Referee checking is designed to seek employment related information about an applicant from present or past managers or other people with a direct personal knowledge of an applicant's work performance. Referees will be requested to provide a written report.

Equity & Diversity Policy

The Authority is an equal opportunity employer, and employees are selected on merit and suitability. This means the person whose skills, knowledge and experience best match the job requirements.

Offer and Appointment

The HR department will make the conditional offer of employment to the successful applicant

Formal Offer - Letter of Appointment

Once all matters relating to the offer (i.e. salary, commencement date, references in relation to character, CRB check, and suitability etc) have been negotiated, the HR department will send the formal offer or letter of conditional appointment to the successful applicant. The letter of appointment will include details of the agreed remuneration package and any special conditions. The appointee must accept the offer in writing before commencing employment at the Authority. The signed letter of appointment is returned to the HR department Reserve candidates Candidates being described as being highly/suitable will be kept on a reserve list for a period of 3 or 6 months. There will not be a further requirement to attend the interview process. This interview is the methods to be used for measuring reliability of the selection process would be:

Test-Retest method

Inter-Rater reliability Internal consistency

The validity of the selection tests would be determined through

Content validity Criterion validity- to determine criterion validity, we would use both predictive and concurrent validity.

Training and development strategies

Providing redundant staff with training to take on new roles Providing current staff with development opportunities to prepare them for future jobs in your organization

Training involves employees acquiring knowledge and learning skills that they will be able to use immediately and employee development involves learning that will aid the organization and employee later in the employee‘s career.

Training and development is now a significant part for every organization to update and make workforce competitive in the company to perform effectively and efficiently. Elite paints Ltd would take training and development program for its every level of the workforce. It will conduct based on the performance and base on the situation.

Recognizing the need for change Determining training needs Establishing specific objectives Selecting training methods Implementing training programs Evaluating training programs

The following methods are general methods of training:

Job instruction training Class room lectures Case study Simulated training Business games Role playing

The training methods for the factory level workers would be:

Apprenticeship training Job rotation Coaching and mentoring

Training and development can include everything from teaching employees basic reading skills to advanced courses in executive leadership.

Training Options

Personalized basic training o 2 hours practical training in the factory

Personalized developer's training o 2 half-day sessions interactive training

Advanced Training o 4 day interactive training session, detailed training on each textile and

paints components

Human Resource Department

Functions of HR- department include:

Recruitment of employees.

Promotion of employees

Transfer of employees.

Retirement of employees

Deals with remuneration, increments and other things benefits

Look after the facilities like lunch, Transport service etc.

Communication with Union

Performance Evaluation

Performance Evaluation identifies training and development needs. Management pinpoints employee skills and competencies that are currently inadequate but for which

programs can be developed to remedy. Performance evaluations can be used as a criterion against which selection and development programs are validated.

Methods of performance evaluation:

Critical incidents Graphic rating scales Behaviorally anchored rating scale Forced comparison Paired comparison

Performance evaluation serves a number of purposes in organization.

Management uses evaluations for general human resource decisions. Evaluation provides input into important decisions such as:

Promotion Transfer Termination

Compensation Policies

Elite paints Ltd is concentrating on competitive compensation package for its all level of employees to ensure to retain and motivates its employees. To gain competitive advantage it has conducted salary survey. It is highly encourage performing its employees the best because Elite paints Ltd will maintain performance based compensation system. On the other hand, promotion and salary increment will obviously depends on the performance of the employee in a fiscal year. Other allowances will be provided based on the organizational hierarchy. The compensation packages of the company is discussing below:

Basic Salary

Basic Salary is the salary, which is paid by the company to the employees for work performed. That means Basic salary is the Salary will provide based on the individual skills and knowledge and the salary sheet is given in the appendix.

Festival Bonus

Employees will be given two annual bonuses in the two Eid Festival. Same as basic salary bonus on two Eid Festivals each, which will be settled on the basis of their basic salary

Increments

An increment is defined as the increase in the salary according to the performance of the employees. Elite paints Ltd would provide increment to the salary of the employees according to the satisfactory performance.

House Rent

All employees of Elite paints Ltd would be provided 40% house rent of the basic salary to the top-level management and for mid level and low level employees, up to 55% of the basic salary.

Medical Allowances

To ensure that everyone within the company fill secure about their health related issues and to be motivated towards the work Elite paints Ltd will provide BDT200 to BDT1, 000. From the top to bottom every level of employees within the company will receive the same amount of medical allowance in every month.

Utility Bills

All employees of Elite paints Ltd would be provided utility bills which will include gas, water, telephone and electricity bills. Utility bills are based on basic salary and it is variable.

Traveling Allowance and Daily Allowance (TADA)

Only lower level employees will get TADA allowance. Employee whose salary is below BDT 10,000 will get this allowance BDT30 to BDT 50 per day.

Stock Option

Employee whose salary is above BDT 35,000 will get stock option.

Transportation Facilities

Employees whose basic salary is equal to or more than BDT 26,000 will get car facilities and employees whose salary ranges from BDT 10,000 to BDT 25,000 will get company staff bus facilities.

Compensation Package

The compensation of Elite paints Ltd would be provided according to the position of the different department. The compensation package of the Elite paints Ltd would be designed according to the structure shown below-

Grade Basic Salary Gross Salary

A 40000 68500

B 30000 51000

C 20000 32000

D 15000 24500

E 10000 16700

F 7500 13700

G 5000 9500

H 3500 7100

I 3000 6300

Performance Appraisal

Performance appraisal is a method by which the performance of an employee is measured generally in terms of Quality, Quantity, Cost and Time. The roots of Performance Appraisal can be found in F. W. Taylor's Time and Motion study.

Performance appraisals are a regular review of employee performance within organizations.

The aim of performance Appraisal of Elite paints Ltd will be

Give feedback on performance to employees. Identify employee training needs. Document criteria used to allocate organizational rewards. Provide the opportunity for organizational diagnosis and development. Facilitate communication between employee and administrator. Form a basis for personnel decisions-salary (merit) increases, disciplinary action, etc. Validate selection techniques and human resource policies to meet federal Equal Employment Opportunity requirements.

A common approach to assessing performance is to use a numerical or scalar rating system whereby managers are asked to score an individual against a number of objectives/attributes.

Setting work standards

Assessing the employee‘s actual performance relative to the standardsProviding feedback to the employee with the aim of motivating that person to eliminate deficiencies or to continue perform above par. The organization will use performance appraisals to get information upon which promotion and salary decisions are made.

Methods of Performance Appraisal

360 degree (multi-rater) feedback

360 degree, or multi-rater, feedback is important as part of a performance management system. It provides employees with performance feedback from supervisors, co-workers, peers, customers, and reporting staff. The performance feedback is usually part of a developmental plan.

Upward Appraisal

Upward appraisal helps top managers diagnose management styles, identify potential people problems, and take corrective action with individual managers as required. In Elite paints Ltd this will be an effective method in order to evaluate the executives and other top level authorities. This method would ultimately help the company in order to develop the employee behavior. Subordinate ratings are especially valuable when used for development rather than evaluating purposes.

Pear Appraisal

Peer appraisal refers to evaluate an employee performance through his/her peers.

This appraisal method has several advantages-

There is a tendency for co-workers to offer more constructive insight to each other so that as a unit each will improve. Their recommendations tend to be more specific regarding job behaviors-unless specificity exists. Constructive measures are hard to gain.

In Elite paints Ltd, these are conducted by employee‘s coworkers; people explicitly will be familiar with the jobs involved mainly because they too are doing the same thing. There will be the most aware co-workers’ day-to-day work behavior and should be given the opportunity to provide the management with some feedback.

Performance Appraisal will be based on

Individual based responsibility versus (72 percent) Providing feedback Emphasis on both personal and job-related training Customer orientation Participation on determination of work objectives Precise performance standards and objectives Emphasis on Intrinsic motivation of employees Upward appraisal Contribution to the department goal Meeting demand and expectation of both quality management and employeeMonitored by both HR and quality staff Team-based compensation system (6 percent)

Methods:

Objective

o Production: quantity and/or qualityo Personnel data: absenteeism (excused or unexcused), tardiness,o accidents

Subjective (judgmental)

o Graphic rating scales = rating scale (e.g., 5 point) o Forced choice system (to reduce leniency) o Employee comparison: ratings are all relevant, not absolute

Rank order Nomination (for best performer) Paired comparison [ n(n-1)/2 ] Forced distribution

Behavioral checklists

Critical incidents = behaviors that are critical for success on the job (a method of job analysis)

Weighted checklist = critical incidents that are rated so that worker’s behavior can be scored.

Behaviorally Anchored Rating Scales (BARS) = similar to graphic rating scale, but has behavior anchors.

List critical incidents Cluster these into dimensions Critical incidents retranslated to dimensions Critical incidents rated on 9 point scale Item means recorded Item standard deviation (low is better) Critical incidents worded as expectations

Employee Incentives and Benefits of Elite paints Ltd

Incentive is compensation that rewards an employee for efforts beyond normal performance expectations

Reason

Control costs (pay contingent on performance) Motivate employees (pay contingent on performance)

Our Incentive plan will sustain

Equity Goal Setting Behavior Modification

Individual Incentive Plans

Quantity of work output Quality of work output Monthly sales Work safety record Work attendance

Group Incentive Plans

Customer satisfaction

Labor cost savings (base pay, overtime pay, benefits) Materials cost savings Reduction in accidents Services cost savings (e.g., utilities)

Payment for Time Worked

Overtime- Non-exempt employees are eligible to receive overtime pay if they work more than 40 hours in a given week. Holiday, vacation, and sick time are not included in hours used to determine overtime eligibility. Overtime pay equals 1.5 times and employee‘s regular hourly rate. All overtime must be approved the manager in advance.

Shift differentials- Employees required working shifts outside the standard Saturday through Thursday daytime work hours.

Excluding holidays, shift differentials will run at 10 percent of base pay for both hourly and salaried employees.

Shift durations at 8-hour increments regardless of start time. Additional compensation for working night shift - 10 p.m. – 6 a.m.,

Employees receive an extra 15% of their base pay for all hours worked during that time.

Eligibility for shift differentials varies between hourly and salaried

employees, with hourly employees far more likely to receive a shift

differential.

The calculation of paid time-off for employees working 2nd and/or 3rd

shifts will be done at the same rate as employees on regular work

hours.

Leave & Holiday pay

Religious Holiday

Agencies should make reasonable accommodation for the religious holiday needs of employees, unless accommodation will result in undue hardship to the agencies. Also there will be break time for Muslim employees of Friday and other weekdays for prayer.

Informal Leave

Employees would be entitled to 21 (twenty) days (excluding weekends and Holidays) informal leave in a calendar year during his/her contract period and s/he may apply for maximum 3 (three) days leave at a stress.

Uncertified Sick Leave

Privileged is 3 (three) days in a calendar year but not more than 2 (two) consecutive days for illness.

Certified Sick Leave

Entitlement is 30 (thirty) days (including weekends and holidays) in a calendar year.

Maternity Leave

A member of staff who is eligible, as defined above; to receive Occupational Maternity Pay will receive full pay during their period of Ordinary Maternity Leave.

Elite paints Ltd will provide maternity leave of 8 weeks before expected delivery and 8 weeks after delivery (total 16 weeks) full paid.

Staff who will be working in the organization for at least 6 months, having 2 children will get annually a fixed amount of monetary payment based on their salary range.

Funeral Leave

Employees will be paid for up to five days to attend the funeral of a close relative, such as a spouse, children, parents, grandparents, siblings and corresponding in-laws.

Employee Benefits Policy

Employee benefits, sometimes called fringe benefits, are those rewards that employees receive for being members of the organization and for their positions in the organization. Unlike wages, salaries, and incentives, benefits are usually not related to employee performance.

Elite paints will provide following benefits based on

Nondiscrimination

Elite paints Ltd will not provide highly compensated employees (for example, vice presidents, chief executive officers) with preferential treatment with regard to organization contributions to the plans or the level of benefits received unless the employer contributions or benefit levels are based solely on employees‘ compensation level or years of service.

Religion

Elite paints Ltd will respect all the religions in the organization. Every religion has some value; we will never violate any religious value and will make our employees feel comfortable in the workplace.

Vesting Requirements

Elite paints will provide employees with a no forfeitable right to the funds they contribute to the plans on behalf of their employees after a specified period, commonly five years. For example, employees who terminate their employment after five years maintain the right to the funds contributed on their behalf by the employer. However, employees who

terminate their employment before the five year period forfeit the right to the funds contributed on their behalf by the employer.

Grade Structure of Elite paints Company and the number of employees in each grade

Grade ‘A’

Position Number of Employees

Managing Director 01

Grade ‘B’

Positions Number of Employees

Accounts Manager 01

HR Manager 01

Marketing Manager 01

General Manager (Production) 01

Production Manager (Support) 01

Total 05

Grade ‘C’

Positions Department Number of Employees

Payroll Officer Accounts & Finance 01

Budget Analyst Accounts & Finance 01

Regional Sales Manager Marketing 04

Compensation Manager Human Resource 01

Labor Relation Manager Human Resource 01

Training & Development Human Resource 01

HRIS Manager Human Resource 01

Administrative Manager Human Resource 01

Production Head Production 01

Quality Control Officer Production 01

Maintenance Officer Production 01

Doctor Production (Support) 01

Total 15

Grade ‘D’

Positions Department Number of Employees

Assistant Accountant (Office) Accounts & Finance 01

Assistant Accountant (Factory) Accounts & Finance 01

Assistant Financial Officer (Office)

Accounts & Finance 01

Assistant Financial Officer (Factory)

Accounts & Finance 01

Territory Sales Officer Marketing 04

Junior Officer Production 02

Facility Supervisor Production (Support) 01

Total 11

Group ‘E’

Positions Department Number of Employees

Cashier (Office) Accounts & Finance 01

Cashier (Factory) Accounts & Finance 01

Junior Financial Officer (Office)

Accounts & Finance 01

Junior Financial Officer (Factory)

Accounts & Finance 01

Sales Representatives Marketing 40

Checking Assistants Production 04

Store Officer Production (Support) 01

Total 49

Grade ‘F’

Positions Department Number of Employee

Driver Human Resource 12

Production Supervisor Production 07

Maintenance Supervisor Production 02

Electrician Production (Support) 04

Total 25

Grade ‘G’

Positions Department Number of Employee

Receptionists Human Resource 01

Office Clerk Human Resource 03

Store Helper Production (Support) 02

Production Worker Production 250

Maintenance Worker Production 50

Total 306

Grade ‘H’

Positions Department Number of Employees

Cook Human Resource 3

Security Guard Production (Support) 8

Total 11

Grade ‘I’

Positions Department Number of Employees

Janitor Human Resource 04

Total 04

Compensation Budget of Elite paints LTD

Grade Total Employees

Individual Salary (BDT)

Accumulated salary for the Grade (BDT)

A 01 68500 68500

B 05 51500 255000

C 15 32500 480000

D 11 24500 269500

E 49 16700 818300

F 25 13700 342500

G 306 9500 2907000

H 11 7100 78100

I 04 6300 25200

Total Employee 427

Total Monthly Salary (BDT)

5,244,100

Total Yearly Salary (BDT)

62,929,200

Festival allowances (BDT)

5,826,000

Total (BDT) 68,755,200

Conclusion

Elite paint is one of the best paint manufacturer companies in Bangladesh. All Human resource functions and activities are given. Through these information here we have come know about their employee recruitment and selection, training and development, compensation, Salary Structure, performance appraisal, salary budget and organogram of the Elite paint.