Human Resource Management (HRM) Practices in Fisheries Industries: a Scenario from Bangladesh

Abstract

Bangladesh's fisheries organizations are one of the most productive and vibrant sectors in the country. This industry is essential to the economy's food security, employment, and foreign exchange revenues. However, the human resource management (HRM) practice in the fisheries organizations in Bangladesh is not well studied yet. HRM is the process of employing and developing personnel to increase their value to the business. Proper utilization of human resources may result in improving efficiency, increasing productivity, and others. Thus, the purpose of this research is to analyze the present state of HRM practices in the fisheries organization of Bangladesh. The research is designed with questionnaire survey. Purposive sampling was used to obtain data from 100 respondents from different fisheries enterprises in the Khulna division of Bangladesh who were representative from each organization. Respondents in this survey were asked to follow several HR functions. According to the responses, the organization follows a recruiting and selection procedure, provides salary, ensures health and safety, provides training, and other processes. However, they also stated that the corporation does not have a distinct HR department to do the specialized task. They believe that having a distinct HR department within the firm is necessary. They also believe that the firm's specialized HR approach will lead to greater efficiency, allows the company to build good relationships with the employees and perform well in the country's economy.