Abstract In this globally competitive and volatile shipping industry‚ it is supported by the four significant shipping markets. Although these markets possess different business characters‚ they may share the same trading players‚ i.e. the ship owners. Hence their activities are closely correlated. (Stopford 2009)Any fluctuations or changes in sentiments will affect the cycle of the markets. Based on the article by Reyes‚ B. (2013)‚ „Scrapping activity slows to a crawl‟ in Lloyd‟s List‚ this paper
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The HR activities of the organization is vast. The activities can be listed out as 1. General Administration of the employees. 3. Recruitment and selection. 4. Payroll and compensation. 5. Induction and training. 6. Performance appraisal. 10. Preparing HR Budget. 11. Periodical review of the employees and implementing strategies leading to Employee satisfaction. Positive aspects of Roles and Functions of the Human Resource Department Recruitment of Employees This is one of the most
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Materail 1 Companies with most Innovative HR Practices Today’s human resource management cannot set itself aside as the mere functional department for common welfare‚ selection‚ rewards‚ recognition‚ compensation‚ remuneration‚ work culture and productivity of employees. Today’s human resource management cannot set itself aside as the mere functional department for common welfare‚ selection‚ rewards‚ recognition‚ compensation‚ remuneration‚ work culture and productivity of employees. As the
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HR ASSIGNMENT: CASE STUDY ANALYSIS Why doesn’t this HR Department get any respect? Prepared By: Nikhil Chandra‚ Section C‚ Roll No. 28064 Background of the case: Luke Robinson is the Managing Partner – HR at Loft Securities. He joined the company over a year ago. He is very upset with the problems he is facing at this workplace and is discussing them with his friend Kate Ross‚ who is the Vice President – HR of a successful PR Firm. The new CEO had initially tried to support Robinson
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HR ASSIGNMENT INTRODUCTION ”A sense of ethics‚ a concern for sustainable development‚ solidarity with local communities‚ and an eagerness to look ahead to tomorrow ’s world. Welcome to L’Oréal.” [http://sustainabledevelopment09.loreal.com/business/about-loreal.asp] (accessed on 2013/09/07] The Human Resources environment is a highly competitive one where we have to ensure we not only attract but retain the best people. L’Oreal has been successful in their recruitment drives and retainer
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Resources Conducting an HR Audit: How HR Can Better Measure the Effectiveness of its Functions and Programs? By Judith Brown‚ Director of Research International Public Management Association for Human Resources 1617 Duke Street Alexandria‚ VA 22314 (703)-549-7100 http://www.ipma-hr.org Introduction Conducting an HR Audit---How HR Can Better Measure the Effectiveness of its Functions and Programs By Judith Brown‚ Director of Research Redefining the role of HR The historical role
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periods of time. They perform specific tasks that often require special job skills and are employed when an organization is experiencing significant deviations in its workflow (as in non-profitable organizations). 2) Please explain the role of the HR department during downsizing activities. Please provide an example that highlights your understanding. * HRM must ensure that proper communications occur during downsizing. * HRM must minimize the negative effects of rumors and ensure
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OF HR EMPLOYEES IN CHINA Trisha Kanjirath‚ CAHRS Graduate Research Assistant Introduction Leveraging talent is a major focus area for all businesses‚ and this is no different for companies with major operations in China. Given the complexity of the new challenges and rapid expansion of markets that drive the global economy‚ it is absolutely imperative that HR professionals in China are equipped to support their company’s business strategy. The high demand for qualified and talented HR professionals
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Assessment 1 Practical Table of Contents Introduction of the company: 2 Organisation strategic and organisational plans to determine human resources requirement: 3 Consultation approaches with senior management to identify human resource needs within their area: 4 Options for delivery of human resources services: 4 Methods to ensure option for human resource services comply with legislative requirements and organisation policies: 5 Strategies and action plans for delivery of human resource
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------------------------------------------------- HR AUDIT - Human Resource HR Audit is a comprehensive evaluation of the entire gamut of HR activities :- HR Cost HRD activities Health‚ Env. & Safety Legal Compliance Quality Compensation & Benefits HRD Audit is evaluation of only few activities :- Strategies‚ Structure‚ Systems‚ Styles Skills & Competencies Culture This evaluation helps the organisation have a clear understanding of the lacunae and better align the HR processes with business
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