Unit 3: Human Resource Management Report for FPT Company Analysis

This report provides a comprehensive analysis of the Human Resource Management (HRM) practices at FPT, a prominent technology company. It begins with an overview of FPT's vision, mission, and objectives, followed by an examination of the function, roles, and responsibilities of the HRM department. The report delves into specific HRM functions such as recruitment and selection, training and development, performance management, and reward systems, detailing FPT's approaches and strategies in each area. It explores both internal and external recruitment methods, evaluating their strengths and weaknesses within the context of FPT. Furthermore, the report discusses the benefits of various HRM practices, their effectiveness in enhancing organizational profit and productivity, and their application within the organizational context. Recommendations are provided for improvements in recruitment and selection, along with suggestions for adapting HRM practices to other companies. The report concludes with a summary of key findings and insights into the overall effectiveness of FPT's HRM strategies.

ASSIGNMENT 1 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 3: Human resource management
Submission date 10/12/2019 Date Received 1st
submission
Re-submission Date Date Received 2nd
submission
Group number: Student names & codes Final scores Signatures
1. Nguyen Xuan Duc Hieu HIEU
2. Nguyen Tu Trinh TRINH
3. Le Trung Thien THIEN
4. Tran Gia Long LONG
5. Nguyen Trung Kien KIEN
Class Assessor name Mr. Nguyen Minh Hai
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I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that making a false
declaration is a form of malpractice.
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Table of Contents
Introduction .....................................................................................................................................
1

I. About FPT ................................................................................................................................
1
1. Vision of FPT: ........................................................................................................................
1
2. Mission: ................................................................................................................................
1
3. Objectives: ............................................................................................................................
2
II. Function and the key roles and responsibilities of the Human Resource function ................
3
1. Function of Human Resource Management ........................................................................
3
2. The role of Human Resource Management in Organizations ..............................................
5
III. Function of FHR (FPT Human Resource) .................................................................................
6
1. Recruitment and selection ...................................................................................................
6
2. Training and development ...................................................................................................
8
3. Performance management ..................................................................................................
9
4. Reward systems of FPT.......................................................................................................
10
5. Regulation and rules of FPT ................................................................................................
11

IV. Approaches to recruitment and selection ............................................................................
11
1. Explanation of strengths and weaknesses of different approaches to recruitment and
selection ....................................................................................................................................
11 a. Recruitment ....................................................................................................................
11
b. Selection ...................................................................................................................
... 12
2. Evaluate the strengths and weaknesses of different approaches to recruitment and
selection. ...................................................................................................................................
12 a. Internal Recruitment ......................................................................................................
12
b. External
Recruitment .................................................................................................. 13
3. Critically evaluate the strengths and weaknesses of different approaches to recruitment
and selection in HRM of FPT .....................................................................................................
13 4. Recommendation for FPT’s Recruitment and Selection ....................................................
15
V. Functions of HRM ..................................................................................................................
16

1. HRM functions: ...................................................................................................................
16 a. Operative
functions: ....................................................................................................... 16
b. Managerial
functions: ................................................................................................. 17
c. Advisory
functions: ......................................................................................................... 18 2. In
the case of FPT HRM: .....................................................................................................
19
VI. FPT HRM practices: ...............................................................................................................
20
1. The benefits of different HRM practices within an organization. ......................................
20
2. The effectiveness of different HRM practices in terms of raising organizational profit and
productivity. ..............................................................................................................................
21
3. HRM practices and application within an organizational context: ....................................
23
a. Salary, rewards and
benefits: ......................................................................................... 23
b. Learning and
development: ........................................................................................ 24
c. Working
environment: ................................................................................................... 24 4.

Recommendation .............................................................................................................
.. 24 a. The change of company when applying HRM
practices. ............................................... 24
b. Recommendation for another
company. ................................................................... 25
Conclusion: ....................................................................................................................................
25
Reference: .....................................................................................................................................
27

Introduction
Welcome to FPT,
30 years is the development journey of FPT to become a pioneer group, opening many trends in
Vietnam in various fields such as technology, telecommunications, education, etc. This journey
not only helps FPT become a leading technology corporation in Vietnam but also brings
Vietnamese intelligence to the globe and inspires other businesses in Vietnam and contributes
to national development.
I. About FPT
1. Vision of FPT:
“Pioneer in technology. Affirm Vietnam's position in ICT world map” (FPT, 2019). In the top
50 Global Digital Services/IT services providers in the next 10 years.
2. Mission:
FPT's mission is to focus on bringing customer satisfaction with the best technology
products, services and solutions. At the same time, constantly researching and developing
new trends to contribute to affirm Vietnam's position in the 4th technological revolution -
the digital revolution. FPT will pioneer to provide comprehensive digital transformation
services in organizations and businesses on a global scale.
3. Objectives:
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FPT – LONG-TERM VISION
Becoming a world-class digital corporation - DX service and listed in the top 50 Global Digital
Services/IT services providers
Rising from #180 positions in Gartner’s the top 200 Global IT Service in 2018 to top 100,
then ranking up Top 50 in the next 10 years.
OBJECTIVES FOR THE 2019 – 2021 PERIOD
In 2019-2021, FPT's objectives include four main objectives
Position: World-Class full-services providers for the global DX industry; enhance the
value and position of FPT by providing high value such as digital conversion consulting
and argument conversion strategies.
Client Portfolio: +30 MAJOR ACCOUNTS (THE FORTUNE GLOBAL 500); Bringing DX
services and other product services to abroad; Recruiting +30 major customers in the
Fortune Global 500 list every year.
Revenue: Sustain double-digit growth rate; always achieve a growth rate of over 15%
annually
Products and Services: Complete comprehensive DX service package; diversify the
solutions/ services then completing the full DX service package in the next two years.
In addition, FPT in Japan, FPT CEO Nguyen Viet Vuong aim to make FPT one of the 20
largest IT companies in Japan in the next 3 years. The goal is to increase 35% of
employees from 1300 to 2000.
II. Function and the key roles and responsibilities of the Human Resource
function
Human Resource Management Definition:
2

Human Resource Management (HRM) is an extremely important part of a business that helps
businesses manage employees or workers. HRM is a process that includes activities such as
recruiting, selecting, inducting employees, providing orientation, imparting training and
development, appraising the performance of employees, deciding compensation and providing
benefits, motivating employees, maintaining proper relations with employees and their trade
unions, employee safety, welfare and health measures in compliance with labor laws of the
land.
1. Function of Human Resource Management
Functions Main job
Planning -The manager must plan for the subordinates to get the job done. It is
also important to help FPT set goals.
-Planning also helps establish the best procedures to achieve goals.
Further, effective managers often spend most of their time to make
plan.
-Make a plan to identify the personnel program that can contribute to
achieving FPT’s goals.
-Programs include FPT's recruitment needs prediction, job
requirements planning, job description and job identification.
Organizing After the manager plans to be able to achieve the goals and
development for the program, the manager will design and develop the
organizational structure to carry out various activities within the
company. Structure development include:
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- Grouping of personnel with the same function and position to operate
together.
-Decentralize authority to groups according to their respective duties
and responsibilities.
- Cooperation activities with various employees.
Directing The function of the HRM manager is to guide and motivate people to
complete HR programs.
HRM can motivate employees through career planning and salary
management by promoting employee morale, developing
relationships, providing safety requirements and taking care of
employees' welfare.
To be effective, HRM must identify the needs of employees to meet the
means and methods for them, create satisfaction and motivate them at
work.
Controlling An important function of HRM is to control and adjust activities in
accordance with FPT's plans and goals. The manager observes and
compares the results to the set standards.
The manager must correct the errors in the implementation process.
Control helps managers evaluate the performance of parts for different
functions. This involves appraisals, audits and statistics
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2. The role of Human Resource Management in Organizations
- Recruiting: ensuring the organization has the right people, the right job, the right time.
- Employee relations: the human resources department is a liaison between the
organization and the staff, to ensure that employees keep up with relevant information
and in turn.
- Employment law compliance: Human resources have a duty to keep an organization
compliant with the law in the workplace. Provide positive working conditions to ensure fair
work practices.
- Health and safety: Promote a safe workplace, responsible for ensuring an organization
adheres to all employee safety and health laws.
- Staff training and development: An important aspect of the human resources department
is to facilitate training at the workplace, to ensure adequate training is provided but also to
encourage the continuous development of employees through training courses or related
workshops.
III. Function of FHR (FPT Human Resource)
1. Recruitment and selection
Recruitment demand of FPT is extremely large when the coverage range of FPT is global. As
a young and ambitious business, FPT always wants and expects many elements, regardless
of whether competent people of any age can join to work at FPT.
Criteria when coming to FPT: Don't hire the best people, just hire the right people.
Internal and External environment are the two main recruitment methods of FPT
External environment recruitment:
5

Step 1: Apply
Send information and CV include personal information, studying
process, experiences, objectives and personal preferences, etc. to the
addresses provided in the recruitment postings.
Step 2: Receive and select records
After candidates submit their applications and
information, FPT will gather and select candidates
who have information close to the requirements of
the position to invite to participate in the multiple
choice test and essay round. The records are not yet
appropriate, we will save for the location and the
later stages.
Step 3: Multiple choice test and essay writing
Candidates will take some exams that include:
• IQ test - Logical thinking test
• GMAT- Check timed computing ability
• English
• Professional exams (Corresponding to vacancies)
*Note:
- Each vacancy has exams that match that position
- There are 2 types of entrance examination applied: Online test and Paper test
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Step 4: Interview
This is the first official
meeting between the
candidate and the
Company. During this
interview, the Company
has more information to
assess the suitability of
candidates to recruit jobs.
Some of the main factors FPT often considers
when interviewing candidates include: The
communication skill, the ability to work
(independently or in groups), organizing work
and planning, the ability to think and solve the problem, check some information in the file:
Learning process, experience, skills, etc. Candidates can also ask the Company related
issues. Depending on the candidate and the position, there may be more
than one interview. Selected candidates will receive notification within 10 days of the
interview.
Step 5: Contractual agreement
Candidates who pass the interview will be agreed on labor contracts and related issues,
including: type of contract, job, salary, working time. All following stages will be carried out
according to the labor contract and the guidance of leaders and HR staff.
Step 6: Complete record
After receiving the notice of matriculation,
candidates should prepare the following
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documents and send to HR staff: Original resume | Birth certificate copy or notarized |
Health certificate with round marks | A photo ID with local confirmation | Copy diploma |
Student certificate (if any) | Transcript, certificate copy | 02 photos 03 x 04, 2 photos 04x06.
2. Training and development
For new employees:
100% of new employees have participated in FPT training courses. The course will help
employees develop soft skills such as planning and time management skills,
communication skills, teamwork skills, etc. In addition, attending the course will help
employees integrate into the work and working environment
The training of new employees with the purpose of being oriented in the beginning time,
better understanding the core values of FPT Company.
For old employees:
This program is organized with the purpose of building a competent staff - a key force in
developing FPT, making the most contribution to production activities, business
development - thriving, meeting general strategy.
Technology staff training: Technology training programs are regularly organized to update
the latest technology trends for employees, improve staff qualifications and technology
capabilities.
Training and fostering professional skills: Training programs are organized annually to help
improve professional skills for employees to meet the needs of FPT.
Training adjacent staff force: Training adjacent staff, prioritizing resources to train core
staff to become adjacent management and leadership to serve the long-term development
needs of FPT.
3. Performance management
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Operation principle
FPT applied management by OKR (Objectives and Key Results) to observe employee and work
activities, OKR is being applied at most leading technology companies in the world, OKR is an
upgraded version. of KPI (Key performance indicator). FPT has used this method in its
development plan since 2018.
- Ambition: the goal is always set higher than the company's capacity threshold
- Measurable: Key Results are attached to measurable landmarks
- Transparency: All members of the company can follow OKR's organization including
trainees
- Performance Calculation: ORK cannot be used to evaluate employee performance
Benefits OKR brought to FPT
- Creating FPT's internal linkage: OKR sets clear and transparent goals to all departments
and all employees to ensure that everyone can have the same idea on how to work for
everything to be connected.
- Clarify orientation for all departments and staff: Because of the transparency and
simplicity of the enterprise size, each department can easily understand many issues
such as expected goals, priority activities or the organization of FPT. Moreover,
employees are able to identify their contribution to the success of the company.
- Focus on the essentials: by focusing on the goals and understanding the goals and
objectives of FPT, thereby reducing unnecessary work to help employees focus on key
activities to create more efficiency.
- Measuring the progress of achieving the target: By the data and indicators collected,
OKR will reflect the percentage of the work that departments and employees have
completed to achieve FPT's goals.
- Achieving outstanding results: OKR helps managers maximize the ability of managers,
helping the company achieve impressive results.
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4. Reward systems of FPT
FPT is honored in the Top 5 companies that employees want to work in Vietnam market. In
addition, salaries, benefits and incentives are considered one of the best businesses in
Vietnam.
The FPT compensation structure consists of 4 categories:
• A 13th-month salary is paid twice a year based on FPT's business performance
• Allowances, including a travel allowances, mobile phone top-up, concurrent employment
allowance and other specific cases
• Bonus, including a bonus based on employee performance appraisal and the company’s
financial results.
• Welfare including social insurance, health insurance, unemployment insurance, health
check-ups, FPT care insurance and a holiday policy.
5. Regulation and rules of FPT
FPT's sustainable development is based on: professional ethics, professional knowledge and
conduct of each employee. On that basis, FPT commits to strictly follow the provisions of this
Code of Ethics. All violations against the rules mentioned below will be strictly punished at all
levels.
- Comply with the laws of Vietnam, the regulations of the Ministry of Finance, the State
Securities Commission and the regulations of FPT Securities Joint Stock Company.
- Working and serving customers with full capacity, devotion, fairness and transparency.
- Do not take advantage of positions, powers and other advantages gained from the
position of work at FPTS to benefit individuals and related people.
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- Absolutely confidential all information of FPTS, customers, partners of FPTS. FPTS staff
members are only allowed to provide the above information when authorized by FPTS
authorities or at the request of competent state management agencies.
- Not spreading directly or indirectly false information, rumors that affect customers,
partners of FPTS and other related parties.
- Do not perform operations that the company has not prescribed or allowed.
IV. Approaches to recruitment and selection
1. Explanation of strengths and weaknesses of different approaches to recruitment
and selection
a. Recruitment
Recruitment is a fundamental method of an organization's overall human resources
planning and management process. Hiring is a process of trying to locate and encourage
potential candidates to apply for current or anticipated job opportunities (UKEssays.com.
2019).
FPT’s recruitment has 6 steps: Apply, receive and select records, multiple choice test and
essay writing, interview, contractual agreement and complete record.
b. Selection
Selection is the process of finding the most suitable candidates for the company and
recruiting them (Anon, 2019).
11
Apply
Receive and
select
records
Multiple
choice test
and essay
writing
Interview Contractual
agreement
Complete
record

Our selection process consists of many different steps to selecting the right candidates for
the company. Candidates will take a number of tests such as:
- IQ - Test of logical thinking
- GMAT- Test calculation ability in a short time
- English professional tests
- Specialized tests for each position
2. Evaluate the strengths and weaknesses of different approaches to recruitment
and selection.
a. Internal Recruitment Strengths:
- Reduce recruitment costs while promoting employee morale
- Retain top talent and reduce employee turnover Weaknesses:
- The number of potential candidates is limited
- The company may miss new ideas and perspectives that external candidates can bring -
Workplace conflicts may also arise
b. External Recruitment Strengths:
- The company will get new ideas from new candidates
- New employees will have new skills and inputs
- Large number of candidates, the company will have many options  Weaknesses:
- External recruitment may not be effective enough to disclose the best candidate
- External recruitment can cause problems among existing internal employees - It
takes time and money to recruit and train
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3. Critically evaluate the strengths and weaknesses of different approaches to
recruitment and selection in HRM of FPT
a. Internal FPT’s Recruitment and Selection
Fpt often use internal information channels such as website, Facebook, Gmail and
private forums to notify recruitment to internal employees. For example, I used to link
with website Topcv to post internal communication staff, this is a good position but only
for internal staff in FPT (Topcv.vn. 2019). Strengths:
- Saving money and time
- Fpt already has enough information of candidates to evaluate them
- The candidates are familiar with the working environment so they will adapt faster
- Create more motivation and opportunity for FPT staff  Weaknesses:
- The bias that can occur makes unfair hiring between employees
- Internal recruitment will be limited to candidates, losing the diversity of employees in
FPT - When employees are recruited to a new position, their former position will be
empty.
This process will occur continuously if FPT do not have external recruitment
b. External recruitment
FPT is one of the strongest companies in Vietnam, so its recruitment is very attractive
and highly appreciated. According to the review of CareerBuilder, which was just
announced in 2019, FPT holds 2 positions in the top 5 most favorite employers
(Chungta. 2019).
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 Strengths:
- There is no limit on the number of candidates
- FPT candidates are of relatively high quality
- The FPT education sector will be an effective weapon of FPT in external recruitment. FPT
knows the profiles and results of students, and thanks to the close cooperation through
FPT education, they will know the bright candidates and prioritize recruitment to keep
talent Weaknesses:
- Spend time and money on recruiting and training
- There is a risk of finding a suitable and loyal employee with FPT
4. Recommendation for FPT’s Recruitment and Selection
During the 4.0 revolution, FPT was a pioneer company in Vietnam in researching and
developing new technologies in artificial intelligence, big data, mobile, etc. FPT is proud to be a
pioneer corporation in the world's leading technology sector creating the most advanced
technology platforms. This shows that internal factors play an important role in the
development of FPT. FPT should focus on both external and internal recruitment.
The reason:
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 For external recruitment
Firstly, in the process of innovation need dialysis, FPT is always at the forefront of innovation,
innovation so it will need more ideas from outsiders. With human resources from universities
such as FPT, Greenwich, FSB, Funix, etc. FPT family students are famous for being creative,
energetic and eager to learn with such enthusiastic young generation that will help FPT go
further in the future.
Secondly, external recruitment helps reduce unnecessary conflict between internal employees. For internal recruitment
Firstly, FPT is a company with a very unique culture. Internal recruitment can work well because
FPT employees are familiar with the working culture so it will not take time to get used to this
culture.
Secondly, in some important positions that need to be hired quickly, internal staff should be
given priority. Because they have been shown their previous loyalty and skills in the old
position, it will be safer than external recruitment when the candidate's loyalty and skills are
still in time examination.
Thirdly, FPT has many different industries and located in many regions of Vietnam, so internal
recruitment is not only for one small unit but also for all branches of FPT system. Taking
advantage of the large scale of the company, internal recruitment will be less limited in terms
of candidates as other small companies. In fact, there are many employees at Fpt software and
Fpt telecom who have moved to work as lecturers at Fpt University and Greenwich University.
This is a prime example of flexibility in internal recruitment.
V. Functions of HRM
1. HRM functions:
Human Resource Management is a function in an organization that concentrate
mostly on the recruitment, management and provide guidelines to the human
resource in a company. HRM’s job is to concern about problems that are related to
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the staff of the company in terms of hiring, compensation, performance, safety,
wellness, benefits, motivation and training. An ideal HRM help make the workforce
of an organization to contribute efficiently and effectively to achieve a company’s
goals and objectives. (studiousguy, 2019)
HRM’s functions can be of three types like Operative, Managerial, and advisory.
a. Operative functions:
• Recruitment and selection: This is one of the most important and difficult task
for a company’s HR manager. In order to draw attention, employ and keep the
company’s future employees, HR department need to put in a lot of effort and
resources. Some of the tasks which are required in this stage are: developing a
job description, publishing the recruitment posting, sourcing the applicants,
interviewing, job negotiations and finally, making the job offer.
• Training and development: After successfully recruited employees for the
company, HR department then need to provide trainings for the new comers. In
some cases, trainings are provided not only for new employees, but also the
existing employees. Some companies offer On the job training for their newly
recruits, others provide one month (or a few months in some cases) training for
fresher before officially work in the company. For the existing employees,
development programs are more preferred. These programs help the employees
sharpen their skills, learn some new ones or simply just keep them up to date
with their respective jobs as required by the company. During this phase, the
results are collected and monitored in order to keep track of an employee’s skills
so the company may provide additional new skills if he/she should need them.
• Professional development: This function of HRM is very important. This function
provides employees with opportunity for both personal and professional growth.
Companies usually organize seminars and trade shows for their employees.
These activities help make the employees feel being taken care of by their
superior and also the company.
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• Compensation and benefits: A company can greatly increase the work morale of
its employees by providing the right benefits for them. Some of the benefits can
be: working hour flexibility, vacations/extended vacations, health care,
maternal/paternal leave, education support for children.
• Performance assessment: Any employees of a company will be evaluated by the
HR department as some point depend on the company’s policy. This function of
the HR department allows the company to keep track of an employees’
performance. It also provides the company with data on whether the employees
need improvement. Based on the data collected in this function, HR department
can make future plan to help the employees who have not yet met the minimal
requirement for their job.
b. Managerial functions:
• Planning: This function is very vital to set goals and objectives of an organization. The
policies and procedures are laid down to achieve these goals. When it comes to planning
the first thing is to foresee vacancies, set the job requirements and decide the
recruitment sources. For every job group, a demand and supply forecast is to be made,
this requires an HR manager to be aware of both job market and strategic goals of the
company. Shortage versus the excess of employees for that given job category is
determined for a given period. In the end, a plan is ascertained to eliminate this
shortage of employees.
(studiousguy, 2019)
• Organizing and staffing: The next major managerial function is to develop and design
the structure of the organization. It fundamentally includes the following:
o Employees are grouped into positions or activities they will be performing. o
Allocate different functions to different persons.
o Delegate authority as per the tasks and responsibilities that are assigned.
(studiousguy, 2019)
• Directing: This function is designated to inspire and direct the employees to achieve the
goals. This can be attained by having a proper planning of career of employees, various
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motivational methods and having friendly relations with the manpower. This is a great
challenge to any HR manager of an organization; he/she should have the capability of
finding employee needs and ways to satisfy them. Motivation will be a continuous
process here as new needs may come forward as the old ones get fulfilled. (studiousguy,
2019)
• Controlling: This is concerned with the apprehension of activities as per plans, which
was formulated on the basis of goals of the company. The controlling function ends the
cycle and again prompts for planning. Here the HR Manager makes an examination of
outcome achieved with the standards that were set in the planning stage to see if there
are any deviations from the set standards. Hence any deviation can be corrected on the
next cycle. (studiousguy, 2019)
c. Advisory functions:
• Top management advice: As HR manager is a specialist in Human resource
management, he/she can advise and recommend the top managers for making
appropriate policies, procedures and the appraisal of manpower in the company. This
function also involves advice regarding keeping and maintaining high quality human
relations and employees work morale.
• Department head advice: In this function, the HR manager and the HR department
advise the head of departments in the company on job design, job description,
recruitment, selection and appraisal.
2. In the case of FPT HRM:
As a forward looking organization, FPT Software is always recruiting dynamic individuals to
conquer new technologies and explore new frontiers. To ensure a highly motivated team, peak
performance and to world class leaders, FPT Software invests heavily in people across all levels.
Talent is recognized, performance is rewarded and leaders are groomed in the FPT
environment that encourages teamwork and excellence. (FPT, 2019)
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More Value to Customers
FPT Software has a large talent pool largest human resource with an annual growth rate of 40%.
This gives us the ability to take on any challenging project– small, medium or large. FPT
engineers are young, motivated, eager to deliver, keen to learn and achieve results. This
explains why our attrition rate is less than 10% while the industry average across Asia is 20%
plus. (FPT, 2019)
Human Resource Strategy
We are managing company’s annual growth rate at around 30-40%, thus increasing the chances
of career enhancement for our employees.
• Providing intensive training for sustained growth.
• Creating a career path system for Engineers, allowing fast track performance assessments every
6 months (using OKR system)
• Offering excellent employee benefits such as health care, summer vacations and other soft
perks.
• Identifying and nurturing a ‘Key Talent Group’ with less than 5% attrition rate. (FPT, 2019)
Work Ready Talent Resource Pool
• FPT University – one of the largest IT Universities in Vietnam, a subsidiary of FPT Corporation,
was founded with the aim of preparing future talent to match and exceed industry
requirements.
• FPT Software co-operates closely with a host of reputed domestic and overseas universities and
leverages the best candidates in its very own ‘FPT University’ to identify and groom talent to
become highly qualified engineers for the industry. Students from these universities are
provided internship opportunities in FPT Software while they are studying in their 2nd or 3rd
year.
• Our potential employees are first provided with a practical working environment, on-site tasks,
lots of work-oriented education and on-the-job training to improve their foreign language
proficiency and enhance their technical knowledge related to the various technologies used
across different projects. (FPT, 2019)
Continuous Training
FPT Software has its own training center that is responsible for managing human resources and
providing training courses to ensure sufficient numbers of highly-trained staff are available for
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projects. New recruits undergo rigorous training before being exposed to live projects, while
the experienced staffs undergo retraining from time to time thus ensuring that our people are
on par with the latest developments. (FPT, 2019) VI. FPT HRM practices:
1. The benefits of different HRM practices within an organization.
Currently, HR management software is known as information technology
applications to make the implementation of HR processes easier. (amis, 2019)
Now, human resource management is an important strategy in the development
of the business and covers many aspects such as hiring management, staff
management, salary management and personnel assessment. (amis, 2019) The
benefit of HRM: can help bring high efficiency for businesses by streamlining
employee management processes and maximizing their potential. Effective recruitment: Human resource management software helps HR
staff prepare recruitment notices, post them on various recruitment sites,
select and evaluate candidates in accordance with the set criteria. (amis,
2019) Fully evaluate staff and their skills: When using personnel management
software, businesses will fully focus employee information, which helps
the job assignment more effectively. (amis, 2019) Managing labor resources: Businesses can assign tasks, track progress or
reward from a single software that will bring high efficiency in
productivity and cost savings. (amis, 2019) Payroll management: Using HR management software with payroll
features will ensure that salaries and benefits of employees are always
calculated correctly and comply with tax regulations. (amis, 2019) Accurate evaluation & reward: A good personnel management system
will help businesses track the progress of each employee and easily
assess the level of work done, rewarding and rewarding for employees.
(amis, 2019) Through the benefits of HRM mentioned above, people can
see this is a tool to help manage employees quite effectively. Not only
that, human resource management software can also help leaders track
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and evaluate the progress of employees' work in the most intuitive way
possible.
In terms of recruiting, FPT has focused a lot on recruiting and ensuring
benefits for employees such as a good working environment, free
professional training, and opportunities for promotion at work. (FT, 2019) In
addition, FPT also focuses on evaluating and rewarding employees including
13th-month salary, allowance salary, salary based on work efficiency and
social welfare. (Cp, 2019) In summary, FPT has used HRM as an extremely
good management tool with many different benefits that contribute to
improving the performance of the company.
2. The effectiveness of different HRM practices in terms of raising organizational profit and
productivity.
To understand the effectiveness of the various HR management activities in terms of
improving profitability and productivity of the organization, here are some data
collected through FPT's annual report.
Through the statistics table of FPT's human resources structure for 5 years (starting
from 2015 to 2018), people can see the impact of human resources on FPT, which
has a strong impact on FPT, namely total The number of employees in 2018 was
27,843, an increase of 16.7% compared to 2017, excluding employees of Synnex FPT
and FPT Retail because both companies became joint ventures from December 18,
2017. In which, the number of human resources of the Information Technology
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Figure 1: Number of employees and Human resources structure of FPT in 2018 (Fpt, 2019)

sector accounts for 60.8% of the total workforce of the group, Telecommunications
accounts for 34.3% and the remaining is Education.
At the present time, FPT has a lot of areas to develop but the focus is still on the
software field, and human resources is an extremely important issue to be able to
develop well in this field. In fact, FPT is in the period of lack of human resources in
the software field, it is expected that FPT Software will recruit 5,000 more people by
2020 to be able to improve this situation (Cht, 2019). So people can see that human
resources have a lot to do with the revenues and activities of large enterprises like
FPT.
Figure 2: MAIN TARGETS FOR 2019 (Fpt, 2019)
In 2019, the revenue of the Information Technology sectors of FPT is VND 15,450
billion, up 15.3% compared to 2018 and accounting for 57.95% of FPT's total
revenue. From here we can begin to see the importance of the human resources
impacting FPT. Currently, FPT is focusing on using internal resources trained on site.
Instead of enticing "stars" elsewhere to occupy important positions, businesses
should use internal human resources, give opportunities and delegate authority in
an increasing degree and clear roadmap for them to have be able to grow and serve
the business (Ct, 2019). Thereby, in order to be able to develop sustainably, FPT
Corporation has had a great focus on human issues at work.
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To sum up, FPT has put the human factor into the decisive factor for ensuring sustainable
development of the corporation.
3. HRM practices and application within an organizational context:
In the past, FPT used to face a human resource crisis. 1,400 employees of the company
resigned; all of them are experienced staff. The reason for their resignation was low salary. This
event has brought FPT to the attention of taking care of the company’s employees.
From that event, FPT has made a lot of changes in the effort of improve the company HR. Those
changes can be seen through some points mentioned below.
a. Salary, rewards and benefits:
• Increasing salary process (Nguyen, 2010): In FPT, employees will get a pay raise base on
different levels according to the company’s policy; which include 13th month salary and
bonuses and one or twice pay raise per year.
• FPT’s comprehensive structure (FPT Annual report, 2019): Employees receive many
benefits such as expenses support or insurance significantly for FPT’s employees.
Welfare policies (FPT Annual report, 2019): FPT provide medical check-up with 100% cost
support for employees. Other insurance such as health insurance, unemployed insurance to
ensure the best benefits for employees.
b. Learning and development:
FPT is one of the leading company in term of encouraging its employees to learn. In 2018, FPT
invested 76.9 billion VND for its employees training program. FPT provide training for fresher,
existing personnel, officers, professional skills and soft skills, etc.
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c. Working environment:
FPT establish an ideal working environment with six core values:
• Respect: personal respect, listen and tolerance
• Innovation: learning, creativity and STCo
• Team spirit: sincerity, Unity and consensus
• Objectivity: build trust in employees
• Exemplarity: Leader must set a good example for his/her staff  Wisdom: Vision and
assertiveness
4. Recommendation
a. The change of company when applying HRM practices.
According to the above analysis, in 2012 FPT encountered a serious problem when 70% of its
employees quit their jobs due to low salary. That has greatly affected FPT's development
process. After the 2012 event, FPT learned that lessons such as salary, working environment
and development ability are the most important factors for employees to work for a long time
and work better. To overcome that, FPT uses strategies such as salary and bonus, encouraging
employees to self-study, OKR software, etc. In 2018, FPT is one of the 5 most favorite
employers in 2018. Besides, FPT is in the top 130 companies with the best working
environment in Asia.
From there, we can see that HRM practices has an important role in developing the company.
b. Recommendation for another company.
FPT is an example of the success in applying HRM practices so we recommendation that FPT
will open exchange courses to connect with other companies for the purpose of sharing and
training knowledge basic. Other companies will have to pay for each respective course.
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Opportunities: Creating new sources of funds to support FPT's implementation of strategies,
personnel development policies and internal event. Besides that, expanding diplomatic
relations, connecting companies together. Especially, FPT asserts its position domestically and
internationally.
Threaten: Increase competition but not significantly because the courses are nature basic.
However, increasing competition creates more challenges forcing FPT to develop stronger. The
application of such training programs gives FPT many opportunities. Besides, promote
Vietnam's economy development so FPT should apply program.
Conclusion:
Despite the fact that HR crisis occurred in the past, with the help of HR department and using
the right strategies of HRM, FPT has recovered and now rank on top of the best working
environment companies. This show that HRM plays a crucial part in helping a company improve
and maintain its manpower, in turn, increase the company’s productivity and profit. Others
company can see FPT as an example to apply their own HRM strategy in order to build and
maintain a good workforce for the company
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