Supplementary Chapter HRM problems in Bangladesh Bangladesh is one of the least development countries (LDC) in the world. It’s Human Resource development index‚ as published by UN‚ is one of the poorest‚ literacy rate is poor. Extremely high level of corruption and politicization of society has made HR event tougher. These problems create several challenges for Human Resource Management in Bangladesh. Some of those are: 01. Very high population growth‚ unemployment‚ deteriorating ethical
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HRM Evolution-India Indian experts account growth since 1920 This period related to post I-World War difficult conditions that called for State intervention & Trade Unions. The Royal Commission (1931)- recommended to appoint of Lab-Welfare-Officer for selection of workers & settling grievances The Factories Act‚ 1948- compulsory Welfare officer (workers 500 & 500+) In course of time: Two Professional Bodies set up. IIPM ( Kolkota ) & NILM (Mumbai)‚ premier Traditional Industrial
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HRM and Employment Relationships Employment Relationship Employment Relationship can economical‚ social and political relationship in which employees provide manual and mental labour in exchange for reward from employers (Gospel and Palmer 1993) There are 4 Dimensions within the employment relationship * Economic exchange – Wage-effort bargain * Socio-political - Power * Legal/Contractual * Psychological contract/social exchange Contract of employment is formed when an offer
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Republic of the Philippines Iloilo State College of Fisheries DUMANGAS CAMPUS Dumangas‚ Iloilo College of Hospitality Management PRACTICUM MANUAL Name: Course/Year & Section: Home Address: Establishment: Address: COLLEGE OF HOSPITALITY MANAGEMENT VISION College of Hospitality Management will engage in producing potential manpower in hospitality industry and the center of globally competent graduates who can uplift the socio-economic‚ political
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concepts and techniques can be of use to all managers. HR management is important to all managers because the concepts and techniques can make you avoid personnel mistakes and improve profits and performance. You will need a good working knowledge of the HRM concepts and techniques because getting results through people is the name of the game. You can for example hire the wrong
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Offshoring: An Industry Insight into the Benefits and Challenges By Greg Bacon. In collaboration with Ian Machan (Machan Consulting) and Dr Denyse Julien (Cranfield University). Whilst offshoring can be an excellent strategy to reduce costs‚ particularly through lower labour costs‚ there are many other hidden costs which companies often fail to include in their business case. Research has found that offshoring is often carried out with little or no understanding of the true costs. Furthermore
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HRM Role in Recession The recession is healthy‚ from time to time. The recession helps to stop the businesses‚ which are not bringing value added and the human capital is transferred to more vital businesses at lower costs. In the companies‚ which survive the recession‚ the HRM Role is very important. The recession is very dangerous for the companies. During the times‚ when the business grows dramatically‚ the HRM Function introduces different policies‚ which are focused on spending money. The
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Performance Management Compensation Employee Relations Introduction: HR practices of CB which is controlled by the four Chaudhry brothers themselves. Chaudhry Brothers is currently managing its human resource activities through themselves only. There is no human resource department and some of the activities are also managed by respective functional heads. Human Resource planning is not very strong as compare to the best practices followed externally. They are managing their plan which is not well defined
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PRINCIPLES OF WAGE & SALARY ADMINISTRATION The main principles that govern wage & salary fixation are three: * EXTERNAL EQUITY: Compare the pay of the same job in different organizations and judge if it is fair. Example: Retail store X has a Store Manager and retail store Y has a store manager (the same job in two different organizations) * INTERNAL EQUITY: Compare the pay of different jobs in the same organization and judge if it is fair. Example: A retail store has an Assistant
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HUMAN RESOURCES AND THEIR DEVELOPMENT – Vol. I – A History of Human Resource Development - Richard J. Torraco A HISTORY OF HUMAN RESOURCE DEVELOPMENT Richard J. Torraco University of Nebraska‚ USA Keywords: human resource development‚ computerization‚ HRD‚ Organizational change. mutual cooperation‚ renaissance‚ Contents U SA N M ES PL C O E – C E H O AP L TE SS R S 1. Introduction 2. In the Beginning: Survival through Labor and Learning 3. The Use of Tools and
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