THE IMPACT OF HUMAN RESOURCE ACCOUNTING INFORMATION SYSTEM (HRAIS) ON HUMAN RESOURCE MANAGEMENT PRACTICES OF THE BANKING SECTOR IN BANGLADESH
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Creator Jahangir Alam
Title THE IMPACT OF HUMAN RESOURCE ACCOUNTING INFORMATION SYSTEM (HRAIS) ON HUMAN RESOURCE MANAGEMENT PRACTICES OF THE BANKING SECTOR IN BANGLADESH
Contributor Mehedi Hasan
Publisher University of the Thai Chamber of Commerce
Publication Year 2559
Journal Title UTCC International Journal of Business and Economics
Journal Vol. 8
Journal No. 2
Page no. 77-90
Keyword Human Resource Department (HRD), HR executives, Human Resource Planning, Human Resources Accounting (HRA), Human Resources Accounting Information System (HRAIS)
URL Website http://ijbejournal.com/
Website title ijbejournal
ISSN 1906-5582 (paper)
Abstract Human Resource Department relies on innumerable information to make policies and decisions for smooth practices of human resource management, such information include accounting information, financial information, economic information, or market information etc. The another newly evolved information system is Human Resource Accounting Information System (HRAIS) which is normally used for human resource accounting information processing, and is rarely used in Bangladesh. But now-a-days some of the firmsin Bangladesh use this approach partially to provide benefits for the human resource accounting information to different departments of the firm. This study wanted to explore, whether the human resource accounting information system is familiar in HRM practices in the banking sector of Bangladesh and to analyze the impact of HRAIS on the performance of HRM practices. A questionnaire survey was conducted to collect data for this study. The sampling area was mainly the HR executives of different leading banks in Bangladesh. Consequently this study collected data from 120 HR executives of 20 different banks. The results indicated that the human resource accounting information system was familiar to almost all of the HRD of the banks and the HRAIS had a significance impact on the performance of HRM. The major contributing area of Human Resource Accounting Information System (HRAIS) was on job design & analysis, human resource planning, recruitment & selection, and training & development and performance appraisal etc. The study concluded that proper implementation and execution of HARIS can give competitive advantages to the organization.
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