Human resource management practice of Impace Management Services Ltd.

Abstract

Inpace Management Services Ltd. (IMSL) is one of the largest marketing agencies in Bangladesh. Inpace Management Services develops highly creative solutions to marketing problem on a worldwide basis. The Human resource department of Inpace is working for the development of every employee. Inpace sis doing their HR practices in some process. They have a structured recruitment and selection process. There are some effective steps to select the candidate as an employee. That’s why they are able to hire the most potential employees. The organization’s working environment is in such a way so that the employees can trained well with practical experience. The training session is held for 4 or 5 days on the basis of off the job training. The probation period of any employee is for 6 months. Inpace evaluates the employees’ performance on the basis of many things. They evaluate the employee’s performance by monitoring their job responsibilities. There is also scope of evaluating the peers and the managers as well. The promotion systems of Inpace are based on the merit and performance of employees. The increment of salary is held according the time being and the performance of the employee. They provide two increments in a year. The report focuses on overview of human resources practice of Inpace. It contains background, mission, strategies, organizational structure, recruitment policy, performance evaluation policy, motivational policy, payroll support policy, training & development policy and so on. The second and the core section focuses on my internship experience, my experiences and influence of Inpace on my career. I also include a section of appendix of literary study on the prospect of outsourcing.