Theories of HRM Equity theory Equity theory is a theory that attempts to explain relational satisfaction in terms of perceptions of fair/unfair distributions of resources within interpersonal relationships. Considered one of the justice theories‚ equity theory was first developed in 1963 by John Stacey Adams. Employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the perceived inputs and outcomes of others. Equity theory
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companies realize the growing importance of human resources that influences on how successful the enterprises will be. Initially‚ we should have an understanding what strategic human resource management is. Strategy of Human Resource Management is seen as an approach that mentions how the long-term business aims and outcomes of organization will be supported and acquired through a strategic framework and people. This approach consists of some typical human resource components like recruitment‚ quality
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critical to the company and then using quantitative methods to identify human capital strategies that drive those outcomes; and standards of evidence‚ in which criteria is used to determine the importance of various relationships which can be used to better design employee strategies. An example is the measurement of employee productivity and work quality against organizational goals. Evidence based HR forces human resource professionals to systematically gather‚ utilize and evaluate information
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Human Resource Management International Digest Emerald Article: HR ’s future in a global setting Peter Reilly Article information: To cite this document: Peter Reilly‚ (2012)‚"HR ’s future in a global setting"‚ Human Resource Management International Digest‚ Vol. 20 Iss: 3 pp. 3 - 5 Permanent link to this document: http://dx.doi.org/10.1108/09670731211224285 Downloaded on: 02-12-2012 References: This document contains references to 2 other documents To copy this document: permissions@emeraldinsight
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Human resources in Russia: The greatest opportunity‚ the greatest challenge A report from the Economist Intelligence Unit Sponsored by 1 Contents Russian human resources today The best in the world? Educated and cultured Quality is deteriorating at the margins Which are the difficult positions to full? 3 3 3 4 6 Salaries – what do you pay? The role of pay in staff motivation Competition for talent forcing pay rises The battle with HQ The dollar peg: weak US dollar – what currency
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Human Resource Planning Human Resource Planning is the process of anticipating and carrying out the movement of people into‚ within‚ and out of the organization. Human resources planning is done to achieve the optimum use of human use of human resources and to have the correct number and types of employees needed to meet organizational goals. Importance of Human Resource Planning • Ensures optimum use of man (woman‚ too nowadays?) • Forecast future requirements • Help determine
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force are: 1. An aging workforce‚ 2. A diverse workforce and 3. Skills deficiencies of the workforce. UNIVERSITY COLLEGE DUBLIN NATIONAL UNIVERSITY OF IRELAND‚ DUBLIN Student Name: Pham Tuan Phuong Nam Student Number: CT0109634 Module: Human Resource Management Assignment 1 Question: The term labour force is a general way to refer to all the people willing and able to work. For an organization‚ the internal labour force consists of the organization’s workers - its employees and the people
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purpose‚ it will first elaborate on the business model and the strategic focus of the company. Second‚ it will consider the strategic HRM focus and the general blueprint that IBM has developed for its workforce. Third‚ it will outline a variety of HRM practices in the fields of knowledge management‚ compensation and HRM effectiveness. 2. IBM Business Model 2.1 Customer Value Proposition At the core of its business stands IBM’s desire to help clients to become more innovative‚ efficient and competitive
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CASE STUDY #2 (read for Feb 26th) THE CROSS-CULTURAL ORGANIZATION: THE MULTICULTURAL MODEL Main problem = lack of transferability of American techniques to the rest of the world (Hofstede‚ 1980b)‚ mainly to European countries in this case Differences in power distance Different levels of achievement-based incentives Differences in work-related attitudes Objective focus on the management of differentiation across cultures in an international operation and to consider the issue of transferability
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Human Resource Development (HRD) is often seen to be a central feature of SHRM. Discuss the role and importance of HRD in achieving SHRM organizational outcomes. Introduction Learning and development in the context of organizational development is having an essential role in achieving strategic human resourcing outcome. From attraction and retention‚ to development and utilisation of human capital‚ Human Resource Development (HRD) is the centre of strategic focus in HRM. This essay aims to present
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