Title : Job Description and selection criteria
Subject : HRM 210 Managing Human Resources
Name : Nischay Kumar
Student ID : 11433082
Managing Human Resources
Introduction:
Managing the human resources is an important task and in latest years has become the top priority for the organisations world over. The pressures of competition and global skill shortages have made staff recruitment very important. This assignment is about attracting and retaining key for an IT start up business. Selection and recruitment is assumed that the writer has successfully gained a position as a human Resource Manager.
We first are going to discuss HRM theoretical issues that need to the considered in relations to recruitment. These issues include the offer for the job, Pay for performance, job analysis, job description, pay and company’s objectives. After this, the document also discusses the advertisement issue. The link between the remuneration package and job performance will also be discussed. Many factors are been discussed which shows how performance in the job depends on other important factors.
1. The aim of having a pay for performance system in the organisation is to have a productive, efficient and effective organisation that improves the employee’s morale and motivation for his work. The merit or pay for performance plans relate to the Performance, Job size, Position in pay range, Pay competitiveness and company profitability. Pay for performance plans are essentially based on the achievement of the employees for the job goals and performance criteria. There is no doubt about the fact that motivation is the key driver of achieving good performance within an organization. There is no doubt that we live in a money-centred world and therefore any amount of human relations cannot compensate for a lack of monetary reward. However, the idea of giving incentives for individual outstanding
References: • Raymond J. Stone (2010). Managing Human Resources, John Wiley & Sons • Advantages and disadvantages of Pay performance