Human Resource Management HRM means to Select‚ Develop‚ Motivate and Maintain human resources‚ in the organization. It first selects the right human resources or staff (i.e. managers and employees). It trains and develops them. It motivates them by giving them recognition and rewards. It also provides them with the best working conditions. HRM is directly concerned with the "people" of the organisation. It is people oriented process. That is‚ it manages people at work. Recruitment Definition of
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Introduction: Knowledge is becoming a critically important resource in business organizations. And human resource management is the pillar for any organization. Managing human resources effectively has become vital to organization within the modern and fast-paced business environment. In order to survive in the current competitive environment it is mandatory for every company to recruit the right sorts of people in the right place. Now the question is why this word “right’’ has been used in here
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“ HRM policies and principles contribute to the effectiveness‚ continuity and stability of the organization.” Human resource is the set of individuals who make up the workforce of an organization. Any successful organization does not owe its success solely to market realities and sustainable competitive advantages. Successful companies are those that consider their human resource as their most important asset.Human resource is thequalitative aspects‚ that actually make or break an organization
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Chapter Two REVIEW OF RELATED LITERATURE AND STUDIES 2.0. Introduction Performance evaluation reflects an employee’ actual job performance levels‚ but in order to get a true picture‚ the rating must be accurate. Accuracy is the primary goal of appraisal system. Employment decisions that are based on accurate ratings are not valid and would be difficult to justify if legally challenge. Moreover employees ten to lose their trust in the system when ratings do not accurately reflect their performance
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Question 1: Being an HR specialist‚ explain the steps you would take to develop and implement an effective training and development program for your staff over the next year. Answer 1: Firstly we want to differentiate between training and development. Training is a systematic process of providing specific knowledge and skills to improve performance (the current job)‚ while development is training but for the future job (Future-oriented training). So‚ to develop and implement an effective training
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Human Resource Management‚ 12e (Dessler) Chapter 9 Performance Management and Appraisal 1) Which of the following terms refers to the process of evaluating an employee’s current and/or past performance relative to his or her performance standards? A) recruitment B) employee selection C) performance appraisal D) employee orientation E) organizational development Answer: C Explanation: Performance appraisal means evaluating an employee’s current and/or past performance relative to his
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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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Silver Surgical Complex (Pvt) Ltd Introduction Silver Surgical Complex (Pvt) Ltd is manufacturers of cannula and syringes which are known by its brand name Silver & Green. The green is made for the international market while the silver is made for the local markets. It has been in local and international market from last 10 years and have achieved excellence in manufacturing the highest class‚ most hygienic and bacteria free disposable devices. Some of the countries they export to are Iran
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PROJECT ON “PERFOMANCE APPRAISAL” MASTER OF COMMERCE SEMESTER -1 (2013 – 2014) SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIRNMENT FOR THE AWARD OF DEGREE OF M.COM BY SAYALI SUNIL SAMANT SEAT NO.____________ TOLANI COLLEGE OF COMMERCE SHER –E- PUNJAB SOCIETY‚ ANDHERI (EAST)‚ MUMBAI- 400 093. CERTIFCATE This is to certify that SAYALI SUNIL SAMANT M.com. Semester – 1 (2013 – 2014) has successfully completed the project on
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Creating a Case-Base using CASL 1. Introduction CASL is a language used for Case-Based Reasoning. The contents of a case-base are described in a file known as a case file‚ using the language CASL. The program Caspian uses this case file to create a case-base in the computer’s memory‚ which can then be accessed and modified in order to solve problems‚ give a diagnosis etc. using Case-Based Reasoning techniques. When new cases are added to the case-base in the computer’s memory‚ they are also
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