Impact of Post Covid-19 Pandemic on Foreign Remittance Beneficiaries

Dhaka University Journal of Management,

Vol. 15 , No. 1 & 2, January 2023 – December 2023
https://doi.org/10.57240/DUJMV15A2

 

Impact of Post Covid-19 Pandemic on Foreign Remittance
Beneficiaries
Md. Mesbah Uddin, PhD 1
Mahanaz Hoque 2

Received on 2nd Nov 2022, Accepted on 24th Nov 2022, Publised on 31st Dec 2023
Abstract: Thousands of migrant Bangladeshi workers have been compelled to abandon their
occupations as a result of the extensive spread of the coronavirus pandemic, depleting foreign
currency reserves. There is a significant effect on the national economy from the money that expats
send back home. More importantly, remittances help migrant families directly by increasing
consumption and easing investment in sectors like education, healthcare, and infrastructure.
The primary goal of this study is to determine whether or not people of Sylhet division of
Bangladesh, who have received remittances from abroad, have altered their purchasing habits
or quality of life as a result of the Covid-19 epidemic. This study was conducted based on
survey. Multiple regression analysis was carried out. The research found that those who receive
remittances were negatively affected by the Covid-19 Pandemic monetarily, socially, and
psychologically. It is also found that households that received remittances had trouble saving
during this period and also had trouble paying back debts. This finding also reveals a dramatic
decline in the volume of remittances received over the studied period. Therefore, household
spending is severely impacted.
Keywords: Remittance, Covid-19, Beneficiaries, Social Impact, Financial Impact,
Psychological Impact.

Disabled Entrepreneurship: Human Capital Transformation in the Context of Bangladesh

Dhaka University Journal of Management,

Vol. 15 , No. 1 & 2, January 2023 – December 2023
https://doi.org/10.57240/DUJMV15A1

Disabled Entrepreneurship: Human Capital Transformation in
the Context of Bangladesh
Sumon Das, PhD 1
Nadia Newaz Rimi, PhD2

Received on 18th Aug 2022, Accepted on 8th Jan 2023, Publised on 31st Dec 2023
Abstract: This research investigates various challenges that disabled people face and ultimately
become their inspiration to be entrepreneur through various supportive mechanisms. Using an
explanatory lens, the researchers used semi-structured interviews to collect information from
14 disabled entrepreneurs. The findings showed that disabled entrepreneurs transform the
challenges into motivators with the help of the supportive mechanisms and become successful
in their business and personal life. Based on the findings, the study reveals how the challenges
become motivators through the supportive mechanisms and bring both personal and business
results to impaired entrepreneurs and provides discernments into the disabled population’s
business endeavors in Bangladesh.
Keywords: Disabled entrepreneurs, challenges, motivators, support systems, and
Bangladesh

 

Effect of Training on Employee Performance: A Quantitative Study on Employees within the Human Resource Department

June 2022
DOI:
ISSN: 2221-2523

Razib Hossain1

 

ABSTRACT

This study aims to explore the relationship between employee training and employee performance in organizations. It uses a theoretical framework of competencies—knowledge, skills, and attitudes—to present the relationship between training and employee performance. Training provides three learning outcomes, i.e., knowledge, skills, and attitudes (KSAs). These learning outcomes develop competency among employees to improve problem-solving capacity, productivity, timeliness to perform the assigned job, creativity, quality, and fulfillment of customer demand, which are the indicators used to measure employee performance. This study has been conducted based on primary data collected through a questionnaire survey from a sample of one hundred and seventeen employees working in the human resource (HR) departments of some selected private organizations in Bangladesh. Respondents have been selected through the convenience sampling method. Statistical tools, such as SPSS and MS Excel, are used to make correlation and regression analysis. Blanchard et al.’s (2014) KSA theoretical approach has been used to analyze empirical findings. This study has revealed that there is a moderate positive influence of training programs on employee performance. The empirical and practical significance of the study focuses on the importance of effective training to improve employee performance in organizations. However, organizations must use an effective evaluation system to ensure the effectiveness of training programs.

 

Keywords: Training, Competency, and Performance.

An Analysis of Employee Satisfaction in Physical Work Setup and Work-From-Home (WFH) in the Context of Bangladesh

© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT

Volume 14, No. 1, December 2022

DOI: https://doi.org/10.57240/DUJM140105

Page No: 71-87, ISSN: 2221-2523

 

Sutapa Bhattacharjee, PhD1

 

Abstract: The COVID-19 pandemic was a black swan for the whole world. It was a phenomenon that profoundly altered the workplace context and employee work setup. Even though a number of developed nations have started taking advantage of the benefits of working from home since the last decade, Bangladesh was not one of those. This article tried to find out if there is any relationship between the work setup (i.e., working from home versus a physical work setup) and employee satisfaction by developing two hypotheses. The article went through an extensive literature review for secondary information. Primary data, on the other hand, were gathered from a total of 125 respondents from various industries. Judgmental and snowball sampling were used in the context of questionnaire circulation. The questionnaire had twenty-five questions in relation to employee learning, compensation, total hours of work, rewards and benefits, interpersonal relationships with coworkers, overall work-life balance, etc. A paired t-test was carried out to identify which hypothesis could be accepted. This research article identified that because of long working hours, impact on rewards and benefits, detachment from coworkers, poor work-life balance, and other factors, employees do not feel satisfied with a work-from-home setup. The analysis revealed that employee satisfaction could be largely influenced by work setup, and in the context of Bangladesh, physical work setup and factors related to it led to higher employee satisfaction.

 

Keywords: COVID-19, physical work setup, work from home,-.

1) Professor, Institute of Business Administration (IBA), University of Dhaka

 

COVID-19: Challenges to Accept New Normal Life

© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT

Volume 14, No. 1, December 2022

DOI: https://doi.org/10.57240/DUJM140104

Page No: 35-55, ISSN: 2221-2523

 

Shilpi Das, PhD1

Popy Rani Sarkar2

 

Abstract: COVID-19 has turned the dynamic normal life into a stagnant life by disseminating the fear of infection to all. It is a period of exigency. The main objective of this study is to explore different challenges that common people are envisaging to accept a new normal life. The paper has been prepared based on the survey of 250 respondents divided into three categories: students, job holders, and businessmen. Four questions mentioning several challenges, ways of outgrowing, recommendations for authority, and different opinions of the respondents have been added to the survey questionnaire, where ‘Challenges’ is an independent variable and ‘Accepting new normal life’ is a dependent variable. The study elicits that financial crisis, mental anxieties, frustration, technological adaptation, shortage and higher costs of transportation, and price hike are the common challenges for all. The findings of the study recommend that in this unpropitious period, authority should take appropriate initiatives to help common people get relief from several challenges and adapt to new normal life. Those initiatives will reduce the pernicious impact of COVID-19 on the common people and ultimately on the economy of Bangladesh.

 

Keywords: COVID-19, Challenges of COVID-19, New Normal Life, and Bangladesh.

1) Associate Professor, Department of Accounting & Information Systems, Jagannath University

2) MBA (Major in HRM), Department of Management, University of Dhaka

IR 4.0 in the Apparel Industry of Bangladesh: Prospects and Challenges

© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT

Volume 14, No. 1, December 2022

DOI: https://doi.org/10.57240/DUJM140103

Page No: 133-151, ISSN: 2221-2523

Sadia Sharmin1

 

  Abstract: Over the past decade, the world has been heading towards the fourth industrial revolution, with many countries adopting the latest innovations and technological upgrades, which essentially are meant to meet the growing demands of consumers in every sector of an economy. The research first reviewed the existing theories and concepts regarding IR4.0 and then utilized the “Industry 4.0 Readiness” model of Impulse Industry 4.0-Readiness of the Association of Germany’s Engineering Industry (Verband Deutscher Maschinen- und Anlagenbau) as the guiding framework for devising an original, suitable, readiness model to evaluate 135 RMG factories (big, medium and small) in Bangladesh. A mixed methodology approach is followed in the research, implying the utilization of both quantitative and qualitative tools. This exploratory research focused on how companies make use of technological tools and methodologies and how they are prepared to adopt the massive changes, brought forward by IR 4.0. Based on this study’s findings, apparel companies should focus more on using technologies such as AI, Sensors, ERP, SMV, GSD, Big Data, Cloud, M2M communication, etc. to boost Bangladesh’s global competitiveness. In addition, respondents believed that digital transformation could create a smart factory to optimize the manufacturing system, and it has a very substantial impact on industry 4.0. Furthermore, this exploratory study exposed that the apparel industries of Bangladesh are encountering major challenges in IR 4.0 strategy design and equipment organization to aid IR 4.0 demands.   Keywords: Apparel industry, Bangladesh, Fourth Industrial Revolution, IR 4.0 readiness, Impulse Industry 4.0-Readiness, Verband Deutscher Maschinen- und Anlagenbau (VDMA)

1) DBA Fellow, Department of Management, and Joint Secretary to the Government of Bangladesh.