Theories of HRM Equity theory Equity theory is a theory that attempts to explain relational satisfaction in terms of perceptions of fair/unfair distributions of resources within interpersonal relationships. Considered one of the justice theories‚ equity theory was first developed in 1963 by John Stacey Adams. Employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the perceived inputs and outcomes of others. Equity theory
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SCIENCES HUMAN RESOURCE DEPARTMENT NAME: MAPONGA MERCURY REG No/ R12023Q MODULE: (HRM 213) HRPP LEVEL: 2:1 LECTURER: MRS CHIRASHA DUE DATE: 8 FEBRUARY 2013 QUESTION: “HRM MUST BE COMMITED TO ENSURING A WORK ENVIRONMENT THAT IS ANTI DISCRIMINATORY‚ DEMOCRATIC‚ RESPECTIFUL OF RIGHTS‚ MINDFUL OF DIGNITY AND LEGALLY SOUND OR LEGITIMATE.” NEL ET AL (2004). DISCUSS THIS STATEMENT WITH PARTICULAR REFERENCE TO HRM POLICIES. Armstrong‚ (2006) defined Human Resource policies
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Task 1 i) The Human Resource Management or personnel function of ASDA covers a variety of activities. The term ’Human Resource Management’ has largely replaced the old-fashioned word ’personnel’‚ which was used in the past. The types of work covered in the Human resource function might include the following: ·A Policy-making role - This is important because the Human resourcesdepartment need to be making big policies thatcover the place of work and the importance of thepeople in ASDA. ·A Welfare
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organization. (personal.kent.edu) WHY IS RECRUITMENT IMPORTANT? Successful‚ efficient recruitment‚ benefits organisations in that it increases it chances of gaining and thus increasing the ever important economic theory of the human capital factor. (Mullins‚ 1999) The human capital theory suggests that education or training raises the productivity of workers by imparting useful knowledge and skills‚ hence raising workers’ future income by increasing their lifetime earnings (Becker‚ 1964). One of
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1. Introduction: The concept of human resource is changing day by day. Now employees of an organization is not only considered as human resources but also as human capital.This happened because of the increasing importance of human resource to an organization especially to a manufacturing organization. As a result‚ duties and responsibilities of human resource management have become so dynamic and challenging. The span of tasks of human resource management is now not only limited in hiring of employees
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“Research Proposal” Topic : Human Resource Accounting as a Measurement Tool: Asian Perspective Submitted By: M. Rizwan Arshad. Lecturer Department of Management Sciences The Islamia University of Bahawalpur. PhD Research Proposal of Mr Rizwan Arshad Human Resource Accounting as a Measurement Tool: An Asian Perspective Attempts to account the Human Resource are not new it was Rensis Likert (1963)‚ who initiated research into HR accounting in the 60’s. He stressed
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As a Human Resource Manager in L&P household‚ it is my responsibility to analyze how some Chinese values stand sharp contrast to those of US and the influence of Chinese culture in shaping HRM practices of an US Company operating in China. I will divide this report in two four parts. In the first part of this report‚ I will identify the cultural difference between China and US. In the second part‚ I will give a brief discussion on how cultural different affect HRM practices. For the third part
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Human Resource Planning Human Resource Planning is the process of anticipating and carrying out the movement of people into‚ within‚ and out of the organization. Human resources planning is done to achieve the optimum use of human use of human resources and to have the correct number and types of employees needed to meet organizational goals. Importance of Human Resource Planning • Ensures optimum use of man (woman‚ too nowadays?) • Forecast future requirements • Help determine
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ANALYSIS OF THE IMPACT OF HUMAN RESOURCE DEVELOPMENT ON ORGANIZATIONAL GROWTH. 1.0 Introduction 1.1 Background to the Study A rapidly changing economic environment‚ characterized by such phenomena as the globalization and deregulation of markets‚ changing customer and investor demands‚ and ever-increasing product-market competition‚ has become the norm for most organizations. To compete‚ they must continually improve their performance by reducing costs‚ innovating products and processes‚ and improving
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Impact of HR Practices on Organizational Performance in Bangladesh Mir Mohammed Nurul Absar1 abstract Impact of human resource management practices on organizational performance has been a widely researched area for years. But unfortunately‚ very insufficient number of studies have been conducted on this area in the context of Bangladesh and other developing countries. This study was undertaken to fill this obvious research gap. Data collected from fifty manufacturing firms in Bangladesh shows
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