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15 views13 pages

Labour Law Slide PDF

Uploaded by

santonaislam85
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PRACTICES OF LABOUR & INDUSTRIAL LAW IN

BANGLADESH

A CASESTUDY ON BSRM
COMPANY

PRESENTED BY TEAM RITHI

SUBMITTED TO HASINA PARVIN JOLLY


ASISTANT PROFESSOR
DEPT.OF BUSINESS ADMINISTRATION
DHAKA INTERNATIONAL UNIVERSITY
1.BSRM company overview
2.BSRM conditions of service and employment
3.Health, safety and hygiene of BSRM
4.Safety and security of BSRM
5.Working Hours and leaveof BSRM
6.Compensations and benefit of BSRM
7.First –aid appliances of BSRM
8.The washing facilities at BSRM
9.Restrictions on employment of children and
adolescent of BSRM
10.Limitations of BSRM
11.Recommendations
12.Conclusion
COMPANY OVERVIEW
Company Name: BSRM steel mills ltd. Company Profile: BSRM Steels Limited is mainly

engaged in the manufacture


and sale of steel products. BSRM is the leading steel manufacturing company and
one of the prominent corporate houses in Bangladesh.Over the years, BSRM steel
products have been chosen solely for building major National landmarks and
infrastructures. To name a few, the Padma Bridge,Mayor Hanif Flyover and Shah
Amanat Bridge were built with BSRM. It is the first EMF tested rod.
Establishing Date: 1952 Financial Year End: December

Headquarters: Chittagong, Bangladesh Chairman :Mr. Alihussain Akberali


BSRM Conditions of Service and Employment
1.Working Hours and shifts
Standard work week 6 days a week From Saturday to
Daily working hours 8 hours per day Thursday, Friday as the weekly day off
Shifts
2. Compensations and Benefit
salaries
Overtime pay
Bonuses Health
Benefits Retirement
Benefits
3.Leave
policies
Annual Leave
Sick Leave
Maternity and paternity Leave
public Holidays
Health, Safety and Hygiene of BSRM
BSRM ensures 100% safe and healthy workplaces. .
Health and Safety Policies
1. Workplace Safety: BSRM adheres to stringent safety protocols to prevent
workplace accidents and injuries. This includes regular safety drills,and the
implementation of safety management systems.
2. Personal Protective Equipment (PPE): Employees are provided with
necessary PPE such as helmets, gloves, safety glasses, and protective footwear.
3. Health Screenings: Routine health screenings and medical check-ups are
conducted to monitor the health of employees

Hygiene Practices of BSRM


1.Sanitation Facilities: Clean and well- maintained sanitation facilities,
including restrooms throughout the workplace.
2.Clean Work Environment: Regular cleaning and sanitation of the
workplace, including workstations, common areas, and machinery
3.Waste Management: Proper waste disposal systems are in place to manage
and dispose of industrial and non-industrial waste safely and responsibly.
Safety and security of BSRM
BSRM is committed to ensuring the safety and security of its employees, contractors, and vis
Safety Measures
1.Safety Management system : It including safety policies, procedures, and protocol designed to prevent
accidents and injuries.
2. Training and Awareness: Regular safety training sessions and awareness programs are conducted to educate
employees
3.Risk Assessments: Regular risk assessments carried out to identify potential safety risks.
Security Measures
1.Access Control: This includes the use of ID cards, security checks.
2.Surveillance Systems: CCTV cameras facilities to monitor activities and enhance security.
3.Fire Safety: Fire safety measures include the installation of fire alarms. Regular fire drills and evacuation
exercises are conducted to ensure preparedness.
Working Hours and leave of BSRM

Working Hours
1. Standard Work Week
2 .Daily Working Hours
3 .Overtime

Leave
1.Annual Leave
2.Sick Leave
3.Maternity Leave
4.Public Holidays
5.Casual Leave
Compensations and Benefit of BSRM

Compensation
1.Base Salary
2.Overtime Pay
3. Bonuses andIncentives

Benefits
1.Health and Medical Benefits:
2.Retirement Benefits
3. Training and Development
4. Employee Welfare Programs
5. Insurance
6. Transportation and Housing
First-aid appliances of BSRM
BSRM company has implemented comprehensive first aid
facilities and procedures to ensure the well-being of its
employees.
Key components of BSRM’s first aid appliances include:
1.First Aid Kits
2.Emergency Medical Equipment
3. Trained First Aid Personnel
4.First Aid Rooms
5. Eye Wash Stations and Safety Showers
6. Emergency Contact Information
The washing facilities at BSRM
BSRM (Bangladesh Steel Re-Rolling Mills Limited) is
committed to maintaining high standards of cleanliness
and safety within its operations.

1.Shower Areas
2. Hand Washing Stations
3.Locker Rooms
4.Soap and Sanitizer Dispensers
5.Laundry Services
Limitations of BSRM

• Economic crisis makes a huge impact on the overall


performance of the company.
• Unavailability and high Cost of raw materials
• It is difficult to cope up with changes in Technology
• Increasing no of competitors more than before
• Facing severely Energy crisis
• Price is high comparatively than the other competitors

• High debt decreasing profit

• High dependency on import for raw material

• Generating low profit margin


Recommendations of BSRM
Management and marketing team should take some pre and post economic
crisis policy to reduce the affect that the company will face during crisis
moment.
To save from the effect of unavailability of raw materials BSRM steel may
take measures in a way that it can source from different suppliers or create
a plant in future that will be used to manufacture some valuable raw
materials in the country.
To reduce the effect of interest rate and currency rate fluctuation the
finance department should play upper hand to import materials or pay
interest or take loan.

To stay in the competition management team specially the marketing team


should take measures that will produce more sales for them to grow as a
big player in future.

BSRM steel intends to increase its market share and they have already set
up the latest factory with latest technology but to reach its goal it needs to
hire key persons or take policy that will go along with its goal.
CONCL US ION

Steel Industry of Bangladesh is a rapidly expanding market. BSRM


Ltd has come into the industry with its full strengths but it is facing
some problems. From our close observation we have found some
limitations as well as some tremendous prospects. Finally, we have
put some recommendations in this regard and believe that if they
put concern on these they can surely compete satisfactorily in the
modern and competitive business arena.

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