Human Resource Planning Human resource planning (HRP) in simple words could be defined as planning for the future personnel needs of an organization‚ taking into account both factors in the external environment and internal workforce. It is the process by which an organization ensures that it has the right number and kinds of people‚ at the right place‚ at the right time‚ capable of efficiently completing those tasks that will help the organization achieve its overall objectives. HRP is an important
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Human resources in Russia: The greatest opportunity‚ the greatest challenge A report from the Economist Intelligence Unit Sponsored by 1 Contents Russian human resources today The best in the world? Educated and cultured Quality is deteriorating at the margins Which are the difficult positions to full? 3 3 3 4 6 Salaries – what do you pay? The role of pay in staff motivation Competition for talent forcing pay rises The battle with HQ The dollar peg: weak US dollar – what currency
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this global competitive era‚ banks have an important role as a financial institution. This report has been prepared on a commercial bank. In every organization‚ men/human resources play an important role for its success. No organization whether it is small or large‚ labor intensive or technology intensive can run without human resource. The topic of our report is “HRM issues in the Banking sector: A Case Study on IFIC Bank Limited.” We have done this report on the IFIC bank Ltd. Although we have
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Jon M. Werner and Randy L. DeSimone in their book Human Resource Management defined Human Resource Development as a set of systematic and planned activities designed by an organization to provide its members with the opportunity to learn necessary skills to meet current and future job demands. The business dictionary defines it as training an individual after he/she is first hired‚ providing opportunities to learn new skills‚ distributing resources that are beneficial for the employee ’s tasks‚ and
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000 days. The decline in strike activity over recent years sparks a heated argument that conflict between employers and workers is no longer a significant feature of current human resource management. This article will also discuss this topic and find out if the conflict is still the significant feature of current human resource management. Stroh‚ Northcraft & Neale (2003) defined that conflict is the opposition interaction within or between interdependent individuals or entities when the goals
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Project – is a set of related tasks/activities with a beginning and an end‚ undertaken by people to meet established goals within defined constraints of time‚ resources and quality. Project Management – is the systematic planning‚ organizing and controlling of allocated resources to accomplished project cost‚ time and performance objectives. It the application of modern management techniques and system ICT – Information and Communication Technology – encompasses all forms of computing systems
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of definitions applied to Human Resource Development (HRD). To demonstrate your understanding of HRD‚ use an essay format to critically discuss the following definition: HRD is a combination of structured and unstructured learning and performance based activities which develop individual and organisational competency‚ capability and capacity to cope with and successfully manage change. Introduction The field of Human Resource Development (HRD) is embroiled
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Introduction Human Resource Management (HRM) is the function within an organization that focuses on recruitment of‚ management of‚ and providing direction for the people who work in the organization (Heathfield). It involves management decisions related to policies and practices which together shape the employment relationship and are aimed at achieving individual‚ organizational and societal goals (Boselie 2009). Human resource practices are designed and implemented by both HR professionals and
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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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Impact of Training Practices on Employee Productivity: A Comparative Study Rohan Singh Faculty of Management Studies‚ Siksha O Anusandhan University Bhubaneswar‚ India rohansingh@khalsa.com Abstract — The paper studies the effects of training on employee productivity. This paper provides a review of the current evidence of such a relationship and offers suggestions for further investigation. An extensive review of the literature in terms of research findings from studies that have been trying
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