PRINCIPLES OF WAGE & SALARY ADMINISTRATION The main principles that govern wage & salary fixation are three: * EXTERNAL EQUITY: Compare the pay of the same job in different organizations and judge if it is fair. Example: Retail store X has a Store Manager and retail store Y has a store manager (the same job in two different organizations) * INTERNAL EQUITY: Compare the pay of different jobs in the same organization and judge if it is fair. Example: A retail store has an Assistant
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(HRM) ACTIVITIES HR management is composed of several groups of interlinked activities taking place within the context of the organization . All managers with HR responsibilities must consider external environmental forces like : 1-legal 2-political 3-economic 4-social 5-cultural
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to obtain more skills and knowledge and it has the responsibility for society. With better staff‚ the organization will have more chances for them to develop the skills. Today‚ we focus on discuss HKJC Football betting service. 2. Describe the HRM Practice HKJC Football has different bets mode to fulfill total customer satisfaction‚ allows to bet when and where it best suits for customers‚ e.g. Online Betting‚ Telephone Betting‚ etc. We are focus on Telephone Betting training. In 2003‚
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MANAGEMENT: Question1 Does the firm use strategic management concepts? Yes‚ the management uses strategic management concept to gain the profit which is the ultimate goal of every company‚ survival in the industry and to get and sustain competitive edge. Question2 Are the company objectives and goals are measurable and well communicated? Yes‚ the company goals and objectives are measurable in terms of numbers and achievement the company planned to get e.g the company wants 34% market share
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and provides the framework that management will use to achieve to goals through strategic‚ tactical and operational planning. When developing a strategy‚ managers answer such questions as "What products should we make?" "What markets should we serve?" What operations should we use?" "How should we compete?" To effectively answer these questions‚ managers consider four elements when they create organizational strategies. STRATEGY LEVELS Although alignment of strategic initiatives is a
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HRM Role in Recession The recession is healthy‚ from time to time. The recession helps to stop the businesses‚ which are not bringing value added and the human capital is transferred to more vital businesses at lower costs. In the companies‚ which survive the recession‚ the HRM Role is very important. The recession is very dangerous for the companies. During the times‚ when the business grows dramatically‚ the HRM Function introduces different policies‚ which are focused on spending money. The
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provides an implementation of the discussed concept in the management area of business. The chapters of Human Resource Management that this document would be covering are: Introduction to HRM Explaining the function of HRM is and how it is implement in organizations. HRM Strategy and analysis Outlining the steps in strategic management processes Discussing the nature of job analysis Personnel Planning and recruiting Explaining the main techniques used in employment planning and forecasting Discussing effective
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HR as a Business Partner 4 HR as a Strategic Partner 5 EFFECTS OF TECHNOLOGICAL CHANGES ON HRM AND INTRODUCTION OF HRIS 5 A RETENTION FACTOR IN TODAY’S DYNAMIC BUSINESS WORLD - TRAINING AND DEVELOPMENT 6 TQM – THE 3 MAGIC LETTERS TO SUCCESS 7 Key Elements: 8 TOTAL QUALITY HUMAN RESOURCES MANAGEMENT 11 Introduction 11 How to implement TQHRM 12 TQHRM in Action 13 HR’S ROLE IN REENGINEERING 13 STRATEGIES FOR HR TRANSFORMATION 15 HR - Support to Strategic advantage 15 It’s your data working
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Gamescorp in China ENU Wei Bingxue Content 1.0 Cultural differences between China and British 3 2.0 Significance of different culture on HRM approach 6 3.0 Orientation of the organization 7 4.0 Practices and polices for the recruitment and selection 9 5.0 Conclusion 11 References
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International Human Resource Management Policies Changes due to a new subsidiary in China of a MNE The Case IKEA 1 IHRM: A Key Factor For Success Of A MNE – An Introduction 1.1 The three components of IHRM – a description 1.2 Key elements concerning IHRM – the details 1.2.1 Recruitment 1.2.2 Training and Development 1.2.3 Performance measurement 1.2.4 Compensation 2 The expansion of a Swedish MNE to China – an example 2.1 Sweden and China – a comparison 2.2 The “IKEA way”
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