“The Impact of COVID-19 on Overall HRM Practices of Healthcare Pharmaceuticals Limited”
Abstract
As part of my BBA program, I completed a three-month internship at a well-known pharmaceutical firm called "Healthcare Pharmaceuticals Ltd." During my internship with "Healthcare Pharmaceuticals Ltd," I obtained invaluable knowledge and experience in the field of Human Resources. Because of the lockdown and safety issues, I had to work only for 3 days a week. So, the report is based on my observation, studies, and fortunately got some practical knowledge before the lockdown period in Healthcare Pharmaceuticals Limited. At the beginning of my report, I have discussed about the over view of the company that when they had started their journey, history behind their success, what is the mission and vision of the company, what types of products and services they are providing to the customers, about current status of HPL, what are the contribution of HPL towards the society and their internal employees. After that I have identified the strength, weakness, opportunities and threat of the company. HPL is constantly coming up with new ways to add originality and competitiveness to its goods and services at every stage of the process. The industry is a sensitive one as it manufactures medicine and requires experienced and skilled people from production level to packaging. A single mistake in any of the levels can prove to be life-taking and eventually lead to the fall of a company. In my internship report, I attempted to analyze the HR of "Healthcare Pharmaceuticals Limited Recruitment and Selection process, Training and Development, Performance Appraisal and Compensation policy, the impact of COVID-19 on HR and employees, and how HR of HPL has changed or modified their policy in response to the COVID-19 pandemic. Here I have discussed how HR may cope up in this situation and what steps should Bangladesh Govt. may take to minimize the economic loss. I have also attempted to highlight my responsibilities and what I've learned from the organization in my report. Finally, I provided some feedback based on each department of HPL.
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