HRM370 Beximco Pharmaceuticals LTD Final.docx - Independent...

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Independent University, Bangladesh Course Title: Strategic Human Resource Management Course Code: HRM 370 Session: Summer 2020 Section : 2 Assignment Topic: “Critically analyze the impact of COVID- 19 and discuss the policies adopted by organizations. Collect information regarding industry practices and suggest cost and compensation decision to minimize the effect;” Submitted to: MS. Bushra Sanjana Submitted by team: NewGen Leaders Name ID Nafees Hasan Chowdhury 1830143 Sahar Khan 1830737 Sadia Islam 1730954 Nowshin Mariam Barsha 1721384 Nahiduzzaman 1720244
Letter of Transmittal September 22, 2020 MS. Bushra Sanjana Lecturer, Independent University, Bangladesh Subject: Submission of the Report on HR planning of a business from USA to Bangladesh Dear Ma’am, It is an enormous pleasure to submit the report on Critically analyze the impact of COVID- 19 and discuss the policies adopted by organizations. Collect information regarding industry practices and suggest cost and compensation decision to minimize the effect. It was an opportunity to work on such a project which helped us to recognize to discuss all relevant points regarding of our course international business. We tried our best to observe this report to the emergent information. We all entirely enjoyed and effectively attach all effort to proudly complete the report. Therefore, we request you to accept our report and inspired us with your valuable suggestions. We sincerely thank you for giving us the opportunity and support. We would be glad to answer any queries that you may have in this regard. Yours Sincerely, Team NewGen Leaders 1 | P a g e
Executive Summary In this report we have used the knowledge we learnt from the course HRM370 and went through various medium and sources to Critically analyze the impact of COVID- 19 and discuss the policies adopted by organizations. Collect information regarding industry practices and suggest cost and compensation decision to minimize the effect. Firstly, we have included the company portfolio to know the depths of the company we worked on for our topic. We have covered all the necessary information needed to get a proper idea of the company, including their mission, vision, their Board and management, R&D, Safety health and public relations etc. Then we talked about the current impact of COVID-19 on the current business and in this related business and the employment issues that the employees are being fired from their job or having their salaries cut in half or more than half. Then how the companies are suffering due to low sale and not being able to produce any products. Then we talked about how the company coped up with the current situation and how they found success in this time of pandemic and gained a positive attention in the national level as well as the international level.

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