Human resource management (HRM‚ or simply HR) is the management of an organization’s workforce‚ or human resources. It is responsible for the attraction‚ selection‚ training‚ assessment‚ and rewarding of employees‚ while also overseeing organizationalleadership and culture‚ and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement‚ HR will also serve as the company’s primary liaison with the
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Letter of Transmittal GIFT University Gujranwala‚ Pakistan January‚ 09‚ 2008 Mr. Sohail Islam GIFT University Gujranwala‚ Pakistan Dear Sir‚ The report is focused on evaluating the effectiveness of Human Resource Department of any multinational Company. We chose Haier for this purpose. We are very thankful to you that you gave us the opportunity to work on such topic‚ which really made us aware of a lot of hidden facts about the practical HR work
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Executive SummaryOctober 1‚ 2014Executive SummaryThe purpose of an executive summary is to summarize a report. Executive summaries are written for executives who most likely do not have time to read a complete document. Therefore‚ the executives summary must cover the major points and be detailed enough to mirror the content yet concise enough for an executive to understand the substance without reading the entire report. An executive summary differs from an abstract. Readers use an abstract
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Q. Critically analyse the article for the meaning of strategic human resource management and identify the factors impacting on strategic human resource management in contemporary organisations. Before an argument can be put in place about whether human resource management (HRM) can be strategic‚ we need to be aware that human resources (HR) is more then maintaining personal functions. Corporate and economic developments since the 1950¡¦s have dictated that businesses‚ to remain competitive‚ need
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Personnel management refers to a set of functions or activities including recruitment‚ training‚ pay and industrial relations performed effectively but often in isolation from each other or with overall organisation objectives. In 1991‚ Hilmer noted that the Australian tradition of many sub-specialities or functions (industrial relations‚ compensation‚ training and pay) was out of date. The early 1990s was an are of great speculation on the future of the functions in managing people. The concept
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becoming a melting pot of people from different nations or as Multinational corporations (MNC’s) operating and competing across the globe. Culture influences every stage of the HR cycle from recruitment to termination and if properly managed it can be a resource and a pool of talent to ensure that the organization is dynamic and productive. Culture‚ in essence‚ is the values and beliefs shared by and unique to a society which creates its identity. It consists of things such as language‚ dress‚ mannerisms
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HUMAN RESOURCE MANAGEMENT PRACTICES IN SMEs: AN OVERVIEW Dr.R.SEENIVASAGALU Associate Professor‚ PG & Research Dept.of commerce‚ Government Arts college(Autonomous)‚ Nandanam‚ Chennai- 600 035. Abstract In this article‚ the current state of Human Resources Management practices in Small and Medium Enterprises (SMEs) is explored. The owner-managers play important roles in managing human resources in SMEs. This study specifically examines
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still based‚ Nestlé has often been called “the multinational among multinationals”. Only about 1.5 percent of its sales are generated in its home country‚ and all but 12 of its factories are situated abroad. The CEO is Paul Bulcke‚ and the General Management includes a Belgian‚ two Canadians‚ one Dutch‚ a Frenchman‚ a German‚ a South African/British‚ three Spaniards‚ one Swiss‚ one American and a SwissAmerican. Nestlé is a truly public company with over 250‚000 shareholders of which around one third
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Human resources department is a part of business that deals with its staff. The department is seen as part of strategic management‚ in the effort to achieve the goals of the business‚ and is crucial to the business’s success. Some of the human resources department’s responsibilities include recruitment‚ retention‚ selection‚ job enlargement/enrichment‚ motivation and leadership‚ job role allocations‚ training‚ and payroll appraisals. The department’s decisions are influenced by‚ however‚ internal
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Q1a With the function change between Personnel Management and Human Resource Management‚ Human Resource Management is not only about the maintenance of personnel record and administrative systems. HRM is strategic in nature; it is about the forecasting of the change of environment‚ the continual monitoring and adjustment of personnel and management systems to assist an organization to meet the future requirements. We are now to review the major contextual changes affecting the current business environment
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