Dell’s benefit programs are key to Dell’s Winning Culture and Rewards Strategy. Dell’s benefit plans are designed to maintain and enhance employee productivity and further Dell’s operational goals by assisting employees as they plan for major life events‚ such as illness‚ disability‚ retirement and death. Dell ties benefit program design and costs to market median; however‚ "Employee Perceived Value" may be above market. Benefits are appropriate rather than cash compensation when: Required from a
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Administration Cost * Termination Costs * Recruitment Costs * Errors at work * Reduction in employee Morale We are embedded with a huge responsibility of selecting the right person due to the costs attached to selecting a wrong candidate. From HR point of view‚ we want to help the organization make the right decision with hiring people and avoid the companies make the below errors: False Positive: when we hire someone after completion of the recruitment process but they don’t prove out to be
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There is a number of reasons why we‚ as an HR team‚ collect different types of data. One of them is meeting legal requirements. In order to satisfy legal obligations we collect such information as contractual arrangements‚ employees’ duties‚ privileges‚ salaries‚ working hours‚ vacation accruals‚ bonuses‚ as well as documents relating to health and safety. The Russian Labor Inspection can check any data regarding individual employees and it is important for the organization to timely provide accurate
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What is ‘recruitment’? Recruitment is the process of screening‚ and selecting qualified people for a job at organisation or firm. Selection then consists of the processes involved in choosing from applicants a suitable candidate to fill a post. By saying to choose a right people for a job means making sure that job holders have the right skills‚ knowledge and attitudes required by organisation to help them achieve firms objectives. In simple words recruitment is simply taking on employees to get
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is amazing that this important part of HR is mostly ignored in HR in most organizations because those at the top do not know the value of HR planning. Organizations that do not plan for the future have less opportunities to survive the competition ahead. This article will discuss the importance of HR planning; the six steps of HR planning that is : Forecasting; inventory‚ audit‚ HR Resource Plan; Actioning of Plan; Monitoring and Control. Definition of HR Planning Quoting Mondy et (1996) they
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..... 4 2.1.4 Compensation‚ Benefits and Incentives .................................... 4 2.1.5 Selection ......................................................... 5 3 Recruitment 3.1 What is Recruitment? ...................................................................... 6 3.2 External Recruitment ............ ........................................................... 6 3.2.1 Employee Referrals ....................................................... 7 3.2.2 Advertising
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Recruitment and Selection : Recruitment and selection has an important role in any business to ensure that the employees outcomes moving forward to achieve the business objectives . This role is part of HR division where they support line managers in advertising the position and selecting the best candidate. The difference between Recruiting and Selection is recruitment deals with attracting a group of potential candidates to apply for a vacancy where Selection is a process of choosing the most
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rental prices in his locality from an HR head based from the organization’s headquarters in Seattle. The challenges apart from the usual semantic one’s. to manage such an organization with offices or departments spread throughout the globe‚ would be tough if not impossible. Why is this idea so difficult to implement when theoretically it’s logic is so apparent? In a global firm that used this popular slogan on the first page of its annual report‚ one local HR manager commented on its application
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No: 1620 Batch: PGDM HR Index | Sr. No. and Topic | Page No. | |1.What is TQM |2 | |2.Why is it valued in industry |2 | |3.What does it consist of |3 | |4. How is role of HR important in TQM?
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1 E-Recruitment Information Systems in Recruitment Summary: Several researches and studies have been conducted to demonstrate the effectiveness of technology in the recruitment process. This project explains what recruitment is‚ the growth of recruitment from how it was two decades ago to using technology today. The work done in this paper identifies the advantages and disadvantages of e-recruitment and discusses e-strategies to overcome the disadvantages. The adoption of these e-strategies helps
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