HUMAN RESOURCE MANAGEMENT UNIT 1 Human Resource Management (HRM) comprises of planning‚ organizing‚ directing‚ controlling for procurement(recruitment and staffing)‚ development‚ compensating and maintenance to achieve individual objectives‚ organizational objectives and societal objectives. HRM is the process of managing people in organizations in a structured and thorough manner. HRM is the organizational function that deals with issues related to people such as compensation‚ hiring‚ performance
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following report outlines the extent of the global spread of Compal Electronic ’s listed as 468 of 500 of the globes most lucrative businesses according to Fortune 500. The report discuess issues such as the extent of the firms global operations‚ outsourcing‚ the standing of the firm at the global marketplace and its major markets. 2 Table of Contents 1. Introduction:............................................................................................................................
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ancient Greece‚ India or china. The philosophy of managing human being‚ as a concept was found developed in ancient literatures in general and in Indian philosophy in particular. Personnel functions: Till 1930s‚ it was not felt necessary to have a separate discipline of management called “Personnel management”. In fact‚ this job was assigned as part of the factory manager. Adam Smith’s concept of factory was that it consists of three resources‚ land‚ labour and capital. This factory manager is expected
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development of Human Resource Management‚ increasingly more enterprises have attached great importance to the relationship between employees and employers‚ which is‚ put into professional terms‚ psychological contract. This concept was first introduced by Argyris in 1960 and has experienced several changes over the subsequent 50 years. However‚ what are the key factors that affect changes in the psychological contract? Personally‚ the fierce competition caused by globalisation is more important than the other
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Competitive challenges facing Management: Globalization Information Technology Reducing costs through downsizing‚ outsourcing‚ & off shoring Change in demographic (age‚ gender‚ education) Change in laws and regulations such as increasing employee rights in workplace Ethics and social responsibility Work-family balance Importance of service sector History of Management I- Classical Schools (Major Axiom: There is only one best way to do the job): Scientific Management (Frederick Taylor‚ 1900-
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EDUCATIONAL & VOCATIONAL TRAINING AUTHORITY i HRMi619: INTERNSHIP REPORT (HRM) TECHNICAL EDUCATIONAL & VOCATIONAL TRAINING AUTHORITY Submitted By Name: Naveed Arshad ID: Mc070402070 Session: Spring 2010 Date 04-02-2010 Department of Management Sciences‚ Virtual University of Pakistan i VIRTUAL UNIVERISTY OF PAKISTAN TECHNICAL EDUCATIONAL & VOCATIONAL TRAINING AUTHORITY ii Letter of Undertaking VIRTUAL UNIVERISTY OF PAKISTAN ii TECHNICAL EDUCATIONAL & VOCATIONAL TRAINING
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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 who
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Outline RSM 361H1S Human Resource Management Spring 2013 Meeting Times and Locations: Section L0101: Tuesday 2-4pm‚ SS 1085 (Sidney Smith Hall) Section L5101: Tuesday 5-7pm‚ WO 25 (Woodsworth College Residence) Instructor: E-Mail: Office Hours: Course Website: TA E-Mail: Professor David Pizarro pizarro@gmail.com By Appointment http://portal.utoronto.ca TBA Course Prerequisites: Rotman Commerce Students: MGT262H1/RSM260 Employment Relations and HR Management Students: WDW260H1
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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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RESOURCE MANAGEMENT 1. Wellbeing Physical | | Social | | Emotional | | Spiritual | | cultural | | 2. Needs and wants Needs: satisfaction of physical‚ emotional‚ social‚ spiritual and cultural enhances a person’s wellbeing. Things necessary in life according to Maslow’s hierarchy. Wants: things we desire (phone‚ car‚ games) 3. Resources Economic resources | Financial resources used to achieve economic gain or goals. (income from wages. etc.) | Non-economic resources
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