workforce planning‚ choosing whether to hire contractors or independent employees. Recruitment and selection‚ hiring the best candidate for the job. Induction and orientation‚ making sure that the employees are aware of the organization’s goals and policies. Wage and salary regulation‚ making sure that employees are properly compensated. Training‚ development‚ and performance appraisal in order to enhance employees’ potential and utilize his expertise in the achievement of the organization’s goals
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B M BIRLA Braj Mohan Birla‚ popularly known as B M Birla was the youngest of four sons of Baldev Das Birla. As an industrialist‚ he championed private enterprise‚ free competition & encouragement to private foreign investment. Although‚ his advocacy of capitalism was based not on its benefits to the capitalist but on the ground that it would benefit the masses. He admired USA for being a great economic and political power and believed that similar policies would elicit India’s emergence as
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........................................................... HR Metrics Standards & Glossary Published by the HR Metrics Service Version 6.4 /October 12‚ 2011 HR Metrics Standards and Glossary Introduction The following document contains a list of HR metrics‚ including formulas and descriptions. It has been arranged in a series of categories for ease of reference. The categories are as follows: • • • • • • • Compensation HR Efficiency Learning and Development Productivity Recruitment Retention
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Core competencies an essential method for the company. It helps to develop the competitive advantage over other companies. The actual sources of advantage are to be found in the management’s capability to combine business varied technologies and production skills onto competencies that authorize and enable individual businesses to adapt rapidly to shifting opportunities. In short‚ core competencies are the combined learning in the organization‚ particularly how to organize various production skills
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Glossary of HR terms Term Absolute ratings Definition A rating method where the rater assigns a specific value on a fixed scale to the behavior or performance of an individual instead of assigning ratings based on comparisons between other individuals. The Accident Compensation Corporation Accident compensation Affirmative action Also : Positive discrimination. Carried out on behalf of women and disadvantaged groups and members of such groups are placed in dominant positions. Appraisal Attrition
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In what three areas of recruiting do companies have to make decisions? Answer | | Personnel policies‚ outsourcing‚ recruitment sources | | | Personnel policies‚ recruitment sources‚ characteristics and behavior of the recruiter | | | Recruitment sources‚ implementation‚ characteristics and behavior of the recruiter | | | Recruitment sources‚ affirmative action‚ personnel policies | 4 points Question 3 1. Which of the following is a strategy of OSHA to increase ergonomic
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organization the HR has a crucial role in building the organizational culture and also moulding the ethical character of the workforce. Through the role of role of HR is evolving and assuming more strategic significance‚ it is still widely recognized as the policing arm of the executive management. The HR has responsibility for all the functions that deal with the need and activities of the employees. Hiring‚ training‚ leadership development‚ performance management‚ person new policy framework‚ salary
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1.What is HR planning ? Human resources planning is a process intended to help guide the organization plan in many general areas concerned with the organization in order to enhance its employees performance‚ such as‚ staffing‚ the growth and development of the organization‚ planning training programs for the employees‚ job rotations‚ and the process of designing‚ managing and implementing programs that help and support the employees like benefits and compensation programs. Nowadays‚ human resources
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Task description Students will select a company from those listed below. The case companies are taken from the Australian Stock Exchange Top 20 and are the largest 20 ASX listed companies by market capitalization. Provide a commentary on the HR practices within the organization with particular reference to one or two of the topics on the Unit topic list. Note also the strategic role of HRM in assisting the organization meet its challenges. So your heading will be for example: OH&S practices
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of the size of the company. The main purpose of human resource is to hire qualified employees while keeping the cost low yet provide benefits and training to retain those employees to make a company successful. To maintain the standard of a company HR has to face many challenges and come up with strategies to face those challenges. With many changes happening in work area‚ it must be extremely challenging for Human Resource Management to maintain the standard of a company. With many questions in
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