HUMAN RESOUCE MANAGEMENT CONTENTS 1. Introduction 1 2. Literature review 2 2.1 Emergence of PRP 2 2.2 Concept of PRP 3 2.3 Relevant theories of PRP 4 2.3.1 Maslow’s hierarchy of needs & Herzberg’s motivational theory 4 2.3.2 Equity theory in PRP 5 3. Case study 6 3.1 Case one: “Why Do Companies Use Performance-Related Pay for Their Executive Directors?” (Bender‚ 2004) 6 3.2 Case two: “Evaluating performance-related pay for managers in the National Health Service”
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this section on a new sheet of paper. Question 1 Merit pay link performance and appraisal ratings to annual pay increases. It provides a direct recognition to employees’ outputs but may not be effective sometimes. Describe and explain five reasons why merit pay programs may not help organizations increase their overall productivity. (20 marks) Question 2 Many organizations have deemed training as an important process in human resource development. Discuss and explain
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The Influence of Culture on Human Resource Management Processes and Practices. Dianna Stone and Eugene Stone-Romero‚ eds. New York: Psychology Press‚ 2008. 340 pp. $38.25‚ paper. Although national and international workforces have become increasingly culturally diverse‚ human resource systems and processes often lag in adapting to multiculturalism in ways that will reduce the cultural bias of existing human resource systems and enhance organizational effectiveness. Nearly 15 years ago Sharon Lobel
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Information technology‚ also known as IT‚ has drastically changed the workplaces of the world in the past 50 years. The field of human resources has historically been limited to a clerical or administrative role in the business arena‚ dealing mainly with tasks like payroll or attendance. In the modern market‚ new core HR responsibilities include recruitment and training‚ oversight of legal and regulatory compliance‚ benefits administration and the safeguarding of confidential employee information
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OWT.223 2013 ADDITIONAL NOTES HOW DID HRM BEGIN? M ANAGEMENT IN THE 1970S AND 1980S: THE CIRCUMSTANCES OF THE EMERGENCE OF ‘HR M’ AS WE KNOW IT Human Resource Management has developed its original programme in the 1980s‚ it has expanded and consolidated its agenda in the 1990s‚ and it has been flourishing explosively in the dozen years since the turn of the millennium (the 2000s so far). We will try to understand the conditions of possibility for the rise of HRM in terms of cultural
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Human Resource Management (HRM) is now a term which is now widely used‚ yet loosely defined (Guest‚ 1987). So‚ what is HRM? What does it mean and what is its focus? “The focus on HRM is on managing people within the employer – employee relationship. Specifically it involves the productive use of people in achieving the organisation’s strategic business objectives and the satisfaction of individual employees needs.” (Stone‚ 1998) Derived from this and certain theories addressed later in this research
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Impact of Globalization on Human Resource Management Bhushan Kapoor‚ Professor and Chair‚ Information Systems & Decision Sciences‚ Cal State University‚ Fullerton‚ USA ABSTRACT The roles and responsibilities of Human Resources departments are transforming as the modern business faces pressures of globalization. The global supply of talent is short of its long-term demand‚ and the gap is a challenge for employers everywhere. The shortage between the demand and supply of talent is likely to continue
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Human Resources Management Assessment Approach January 2013 Paul Marsden‚ Liverpool Associates in Tropical Health (LATH) Margaret Caffrey‚ Liverpool Associates in Tropical Health (LATH) Jim McCaffery‚ Training Resources Group‚ Inc. (TRG) Human Resources Management Assessment Approach Human Resources Management Assessment Approach TABLE OF CONTENTS Introduction 1 Background 1 Purpose 2 Applying the Assessment Approach 3 Users 3 Time frame 3 Methodologies
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into existence and so does the different work for HR people like building leadership bench‚ creating organizational capabilities‚ enhancing knowledge transfer‚ leveraging technology. The traditional HR practices of staffing‚ training‚ performance management‚ benefits‚ regulation‚ labour relations and so forth did not go away‚ but they became the table stakes for HR‚ with new practices emerging constantly. Then came the present scenario in which the table stakes were still there but because of change
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Asia Pac J Manag (2009) 26:197–218 DOI 10.1007/s10490-008-9103-6 PERSPECTIVES Future research on human resource management systems in Asia Pawan Budhwar & Yaw A. Debrah Published online: 17 September 2008 # Springer Science + Business Media‚ LLC 2008 Abstract Re-emphasizing the need to examine human resource management (HRM) in context‚ this article builds around four themes. First‚ it analyses the main issues discussed in the existing literature regarding HRM in the Asian context. Second
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