Human Resource Management (HRM) is the function within an organization that focuses on recruitment of‚ management of‚ and providing direction for the people who work in the organization. HRM can also be performed by line managers. HRM is the organizational function that deals with issues related to people such as compensation‚ hiring‚ performance management‚ organization development‚ safety‚ wellness‚ benefits‚ employee motivation‚ communication‚ administration‚ and training. HRM is also a strategic
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essential part of any business and it pays to do it properly. When organisations choose the right people for the job train them well and treat them appropriately‚ these people not only produce good results but also tend to stay with the organisation longer. In such circumstances‚ the organisation’s initial and ongoing investment in them is well rewarded. An organisation may have all of the latest technology and the best physical resources‚ but if it does not have the right people it will struggle to
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Human Resource Planning Definition: Human Resources Planning is defined as the process of assessing an organization’s human resources needs in the light of organizational goals and changing condition and making plans to ensure that a competent‚ stable workforce is employed. The actual planning process will vary a great deal from organization to organization As defined by Bulla and Scott (1994)‚ human resource planning is ‘the process for ensuring that the human resource requirements of an
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HUMAN RESOURCE MANAGEMENT Part A (Each 15 Marks) 1) Describe the native and importance of employee selection. Explain briefly the steps involved in selection process => JUNE 2010. 2) How can Performance Appraisal be made more effective? Discuss => JUNE 2010. 3) Discuss the scope and significance of human resource Management => JUNE 2010. 4) What are the objectives of human resources planning? Illustrate with examples the process of man power planning
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Human Resource Management is “the management of the various designed to enhance the effectiveness of an organization’s workforce in achieving the organization’s goals (ABE).” “It is also said to be concerned with the human side of enterprises and the factors that determine workers relationship with their employing officers.” The workforce of an organization is its most essential component‚ in ensuring the survival of organizations‚ hence making it imperative that mangers are able to get the most
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The CIPD Human Resources Profession Map (HRPM) incorporates 10 professional areas as well as 8 behaviours in order to show what successful and effective people do who work within the human resource profession. This map is relevant to all human resource professionals and covers different bands ranging from 1 to 4‚ these bands determine professional competence. The map describes what you need to know‚ what you need to do and how you need to do it within each professional area across these bands.
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advantage (Millmore et al.‚ 2007). Therefore‚ in a growing number of organizations‚ strategic human resources management (SHRM) is now viewed as a source of competitive advantage. Strategic human resource management is designed to help companies meet the needs of their employees while promoting company goals. As an important aspect of strategic human resource management is employee development‚ organisations have to consider employees may want or need and what the company can reasonably supply (Baker
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Question: Discuss the importance of the Treasury Management function in a profit making organisation with relevance to an organisation of your choice. Also comment on whether the Treasury function is of any relevance to non-profit making organisations such as Non-Governmental organisations‚ football clubs‚ churches and charity organisations. Introduction According to Ogilvie (2002) the practice of establishing a specialist treasury function in the finance department can be traced back to the late
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HRD in public sector HRD in Government sector HRD in IT sector and HRD in NGO’s INTRODUCTION TO HRD: INTRODUCTION TO HRD HUMAN RESOURCES DEVELOPMENT HRD is development processes were it focuses on improving the existing capabilities of employees and helping them to acquire new capabilities required for the achievement of organizational and individual goals. Human Resource Development is the integrated use of training‚ organization‚ and career development efforts to improve individual‚ group and
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Assessor name: Lead IV name: Title of unit: Understanding Organisations and the Role of Human Resources Unit Number: Contents Page Aim of the report 3 Product and services offered by PC World to its customers 4 PC World’s main customers 5 Four external factors and the impact they have on PC World’s business activities 6 The structure of the organisation and four functions groups 8 How the different functions
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