HRM2

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ASSIGNMENT 3

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HUMAN RESOURCE MANAGEMENT

Human Resource Management : 

Human Resource Management The Management of various activities designed to enhance the effectiveness of the organization’s workforce by attracting developing and maintaining an effective workforce

Strategic Importance of HRM : 

Strategic Importance of HRM Strategic resource of the firm Involvement in the strategy development process Shared responsibility between the HR managers and the line managers

The HRM Process : 

The HRM Process Planning Staffing Training & Development Compensation

Steps In HR Planning : 

Steps In HR Planning Job analysis Systematic analysis of the jobs with in the organization. Purpose , duties, conditions, contacts with others, knowledge and skills and abilities needed

Job Analysis : 

Job Analysis Job Description- Duties of the job the working conditions, material and tools needed Job Specifications- Statement of skills abilities education and previous job experience required

Matching : 

Matching Over staff Small reductions through retirement Large reduction resignation and lay offs Short Fall Internal promotions and transfers New hiring

Staffing : 

Staffing Staffing- A set of activities aimed at attracting and selecting individuals for positions in a way that will facilitate the achievement of organizational goals Recruitment- is the process of finding and attempting to attract job candidates who are capable of effectively filling job vacancies

Internal : 

Internal Considering current employees as applicant for higher level jobs in the organization What are the advantages & disadvantages of internal hiring?

External : 

External Getting People from outside to apply for the jobs What are the advantages & disadvantages of external hiring?

Decruitment : 

Decruitment Techniques for reducing the labor supply within an organization

Selection : 

Selection The process of choosing the most suitable candidate for a job from a pool of applicants

Selection Methods : 

Selection Methods Application Forms Tests Interviews Work sampling Other techniques

Validation : 

Validation It is the process of determining the predictive value of a selection technique.

Reliability : 

Reliability The ability of a selection device to measure the same thing consistently.

Orientation : 

Orientation Introduction of new employee to his/her job and the organization Organizational Orientation Work-unit Orientation

Employee Training : 

Employee Training Training –Teaching operational and technical skills to do the job for which an individual is hired On-the-job training Off-the-job training

Performance Appraisal : 

Performance Appraisal A formal assessment of how well an employee is doing in his/her job

Employee Performance Management : 

Employee Performance Management A process of establishing performance standards and evaluating performance in order to arrive at objective human resource decisions as well as to provide documentation to support those decisions.

Performance Appraisal Methods : 

Performance Appraisal Methods Written Essay Critical Incidents Graphic Rating Scale Behaviorally Anchored Rating Scale (BARS) Multiperson Comparison Management By Objectives (MBO) 360 degree Feedback

What is a Compensation System? : 

What is a Compensation System? Set of rewards that organizations provide to individuals in return for their willingness to perform various jobs and tasks within the organization

Skill-Based Pay : 

Skill-Based Pay A pay system that rewards employees for the job skills they can demonstrate

Variable Pay Plan : 

Variable Pay Plan A pay system that rewards employees based on time spent on the job or number of units produced

What Are Benefits? : 

What Are Benefits? Compensation other than wages and salaries offered by a firm to its workers

Benefits Programs : 

Benefits Programs Cafeteria benefits plan sets limits on benefits per employee, each of whom may choose from a variety of alternative benefits

Family-Friendly Benefits : 

Family-Friendly Benefits Benefits that accommodate employees needs for work life balance

Slide 28: 

Welcome to Human Resource Management in the School of Economic and Management Studies