(A) Soft HR treats employees as the most important resource in the business and a source of competitive advantage Employees are treated as individuals and their needs are planned accordingly whereas hard HR treats employees simply as a resource of the business like machinery and buildings. • Soft HR concentrates on the needs of employees; their roles‚ rewards‚ motivation where as hard HR identifies workforce needs of the business and recruits and manages accordingly. • Soft HR Strategic
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Future of HR Management Over the years‚ the role of human resources has changed and evolved based on the needs of our society. Put in basic terms‚ human resource management must change as the business environment in which it operates changes. An article written by Susan Heathfield‚ states that while successful organizations are becoming more adaptable‚ resilient‚ quick to change direction‚ the HR professional is considered by line managers as a strategic partner‚ an employee sponsor or advocate
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Ball and Bats‚ Inc.: Double Line method and the Straight Line Method On January 1‚ 2005 the company Balls and Bats‚ Inc. made a purchase of equipment. The cost of the equipment was one hundred thousand dollars and had life expectancy of four years. The following schedules are the double-declining balance method and the straight line method of depreciation. This schedule will assist Balls and Bats‚ Inc determine the best method to depreciate there new acquisition. Further‚ the schedules will determine
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Leased Line:- A leased line is a private high-performance circuit leased by a common carrier between a customer and a service provider’s network. It is rented on an annual basis and usually carries voice and data or both. Leased lines are mostly used for either internet access (Internet Leased Line) or used privately between two customer sites (Point to Point Leased Line). Unlike a dial-up connection‚ a leased line is always active. Similarly unlike broadband‚ a leased line is not contended or
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A PROJECT REPORT On A Study of HR Practices in ITC Submitted in partial fulfillment of the requirement for the award of degree Of Master of Business Administration OF [pic] ITC Ghaziabad [pic] SESSION 2009 Submitted by: Raibahadur Singh Parihar Under the guidance of: MR. Ravi karan singh Contents 1. Declaration 2. Acknowledgement 3. Preamble 4. Objective 5. Certification of ITC 6. Policies of ITC 7. Company profile 8. Growth
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should elevate HR to a position of power and primacy in the organization‚ and make sure HR people have the special qualities to help managers build leaders and careers.” (Jack Welch 2005: 98) Surviving in this era of globalization‚ organizations face varying degree of challenges to remain relevant and to obtain that ‘extra’ competitive edge. In doing so‚ HR managers play a vital role in ensuring that strategies adopted by the organization are fully supported. The challenges faced by HR managers in
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Nazca Lines and its Mistery. Nazca Lines‚ one of the greatest mysteries of Latin America‚ are a series of geometrical shapes‚ and animal figures‚ none of which is repeated and some as long as two hundred meters in length‚ occupying about some 500 square kilometres of bleak‚ stony is situated in desert of Peruvian desert along the coastal plain‚ approximately four hundred kilometres south of the capital city Lima. The knowledge of these lines came into being accidentally from an aero plane
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to the distribution of payroll and dealing with employee relations at a particular location. The human resources (HR) function has been viewed as a provider of local services addressing individual employee questions. As the organizations have grown (both domestically and internationally)‚ HR headcount and the number of localized HR regulations have proliferated as well. As a result‚ HR processes in many companies have begun to resemble the tax codes which have fragmented‚ poorly documented‚ and become
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HR Specialist Job Description Job Purpose: • To be the primary point of contact for employees for information on benefit plans‚ payroll related matters‚ for maintenance of employee records and for the preparation of documentation for employees. • To provide administrative support to other ECE HR team members • To assist HR manager in the delivery of the full spectrum of Human Resources services • To participate in HR projects‚ e.g. development and maintenance of HR policies
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ROLES OF AN HR MANAGER Administrative roles The administrative roles of human resource management include policy formulation and implementation‚ housekeeping‚ records maintenance‚ welfare administration‚ legal compliance etc. i. Policy maker: The human resource manager helps management in the formation of policies governing talent acquisition and retention‚ wage and salary administration‚ welfare activities‚ personnel records‚ working conditions etc. He also helps in interpreting personnel
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