Performance appraisal system of Concord Group of Companies

This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.

Bibliographic Details
Main Author: Shafa, Maliha Tahsin
Other Authors: Chowdhury, Suman Paul
Format: Internship report
Language:English
Published: Brac University 2024
Subjects:
Online Access:http://hdl.handle.net/10361/23080
id 10361-23080
record_format dspace
spelling 10361-230802024-06-03T21:02:41Z Performance appraisal system of Concord Group of Companies Shafa, Maliha Tahsin Chowdhury, Suman Paul Brac Business School, Brac University Real estate company Employee performance HR practices Concord Group of Companies Performance appraisal Employee Performance Appraisal--standards Personnel management Performance--management This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023. Cataloged from PDF version of internship reports. Includes bibliographical references (pages 48-49). Bangladesh's real estate industry is flourishing and has a significant impact on the country's economy. Concord is one of the biggest and most successful conglomerates in Bangladesh. Over the past 50 years, its business outside of real estate has expanded. Some of the most famous and difficult events in the world have been presented in appreciation of their talent and dedication. Employee performance and job satisfaction are closely correlated. According to research, employees who are happy in their professions are more likely to perform well, be loyal to their employers, and experience reduced turnover rates. On the other hand, unsatisfied workers are more likely to underperform, miss work, and leave the organization. In a highly competitive industry like real estate where employees are regularly under pressure to meet sales targets and please clients, employers must place a significant emphasis on employee engagement and satisfaction. This can be accomplished through creating a pleasant work atmosphere, providing competitive pay and benefit plans, and making investments in the training and development of employees. Furthermore, it's critical to understand that employee satisfaction involves more than just financial incentives; it also involves making employees feel appreciated, respected, and heard. Employers can increase employee job satisfaction by fostering open communication, offering venues for suggestions and teamwork, and praising and rewarding staff for their accomplishments and efforts. Real estate organizations may increase employee retention and overall performance and productivity, which will increase success and profitability, by putting employee pleasure and engagement first and ultimately it will improve the employee performance. Aspects of human resources that are both strong and poor have been observed by me during my internship and overall studies. For instance, the effectiveness of employees is impacted by a number of issues, including a lack of personnel in the HR department, time consumption, and excess workload. There are also a few positive findings. In this case, HRD is extremely vigilant and observant while selecting candidates, and the selection procedure is quite transparent to allow them to choose the best individuals from the applications. Since I had worked in the HR department, it will be simple for me to discuss the performance evaluation system, which is the same as that of all other departments and will demonstrate Concord's HR practices. Maliha Tahsin Shafa B. Business Administration 2024-06-03T05:32:14Z 2024-06-03T05:32:14Z ©2023 2023-05 Internship report ID: 19104153 http://hdl.handle.net/10361/23080 en Brac University internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 49 pages application/pdf Brac University
institution Brac University
collection Institutional Repository
language English
topic Real estate company
Employee performance
HR practices
Concord Group of Companies
Performance appraisal
Employee Performance Appraisal--standards
Personnel management
Performance--management
spellingShingle Real estate company
Employee performance
HR practices
Concord Group of Companies
Performance appraisal
Employee Performance Appraisal--standards
Personnel management
Performance--management
Shafa, Maliha Tahsin
Performance appraisal system of Concord Group of Companies
description This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.
author2 Chowdhury, Suman Paul
author_facet Chowdhury, Suman Paul
Shafa, Maliha Tahsin
format Internship report
author Shafa, Maliha Tahsin
author_sort Shafa, Maliha Tahsin
title Performance appraisal system of Concord Group of Companies
title_short Performance appraisal system of Concord Group of Companies
title_full Performance appraisal system of Concord Group of Companies
title_fullStr Performance appraisal system of Concord Group of Companies
title_full_unstemmed Performance appraisal system of Concord Group of Companies
title_sort performance appraisal system of concord group of companies
publisher Brac University
publishDate 2024
url http://hdl.handle.net/10361/23080
work_keys_str_mv AT shafamalihatahsin performanceappraisalsystemofconcordgroupofcompanies
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