HRM PERFORMANCE APPRAISAL

1. GROUP MEMBERS
Safwat Jahan
Atiqur Rahman
Iffat Sultana
Mohammad Anisuzzaman
Md. Shamim Khan
Dr. Kamal Uddin Ahmed
Professor, MBA Program
North South University
PREPARED FOR

2. An Analysis of Employee Benefits:
A Case Study on Rahimafrooz
Distribution Ltd.

3. Overview of Rahimafrooz
Distribution Ltd. (RDL)

4. Parent
Company:
Rahimafrooz
(Bangladesh)
Ltd.
Rahimafrooz
Distibution
Limited:
Nationwide
Distribution Network
172 Dealers,
263 Retailers
400 Outlets
Electronics Retail
Chain
Products:
Batteries
Tyres
Lubricants
Rahimafrooz
IPS
Rahimafrooz
UPS

5. Recruitment Policy
Corporate Design & Grade Policy
Training Policy
Promotion Policy
Performance Management Policy
HR Functions at RDL

6. *Attracting and keeping the best employees
*Ensuring organization’s competitive edge
*Toolset for strategic remuneration planning
Compensation / Benefits

7. 4 2
1
3
1
2
3
4Responsibilities
Mental Efforts
Physical Efforts
Skills
Compensation System in RFD

8. Employee
Benefits
Direct Financial
Benefits
Indirect Financial
Benefits
Non-Monetary
Benefits
Employee Benefits of RFD

9. Direct Financial Benefits of RFD
BASE SALARY1
FESTIVAL BONUS2
KRA (KEY RESULT AREA)
BONUS
3
ANNUAL VARIABLE PROFIT
BONUS (VPB)
4
SALES INCENTIVE5
CORPORATE
BONUSES

10. Table: Components of Monthly Salary
A) Basic Pay
Component-1
B) Cash Allowance
1 House Rent
2 Conveyance
3 Medical Allowance
4 Leave Allowance
5 Entertainment Allowance Expenses
6 House Maintenance Expenses
7 Club Member Ship Expenses
8 Mobile Phone Expenses
Total Cash Allowance (1-10)
Component-2 Guaranteed Cash (A+B)

11. Indirect Financial Benefits of RFD
Indirect
Gratuity
Provident
Fund
Group
Life
Insuranc
e
Hospitali
zation
Benefits
Vacation
/ Holiday
Benefits
Others:
• Overtime for
Non-
management
Employees
• Tour Allowance
for Business
Travel

12. Non-Monetary Benefits of RFD
Non-
Monetary
Benefits
Training
Education
Sponsorship
Car &
Motorcycle

13. Stress of Work
Leadership Role
Employee’s Opportunities
Factors Influencing Offered
Benefits
Life Style and Social Class

14. For
Employees For
Employer
Benefits of Benefit Plan

15. Establish wage & salary plan
Ensure health & medical allowance plan
Make sure effective Provident fund plan
1
2
3
Make sure short term & long term
benefit plan
5
6
Make situation demanding profit
sharing plan
Purpose of Benefit Plans of RDL

16. Conclusion