...Graduate School of Management Abstract This paper will explore the ways human resource management has evolved throughout the years and the importance of human resources in an organization. This paper will show a correlation of the components associated with the process of recruiting, hiring, evaluating, and compensation of employees. These steps are vital in selecting the right person that will benefit the organization and its objectives. It will also inform the reader of the types of compensations and how organizations make those compensation decisions. Human Resource Management The role of Human Resource Management (HRM) has evolved throughout the years, shifting from personnel department to human resources. The move was part of the effort to recognize the significance of employees as a structural resource. This change was accompanied by a call that allowed human resources to become a strategic partner with leaders of businesses to make critical and significant decisions. The role of the human resource professional has evolved in a way that they are doing more than just routine employment duties. These professionals are skilled with the ability to handle any and all areas of human resources. Human resource management is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human resource deals with many concerns associated with people; such as compensation, hiring, performance...
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...Presentation Overview Introduction Syllabus of Compensation and Benefits and PoA Methodology, Reference Text and Pre-read Evaluation Pattern and List of Assignments What is HR and HRD ? HR functions HR Philosophy and Approach for an Organization Human Resource Management Summary Tuesday, 29 July 2014 Self Introduction B. Sc. (Physics) and Masters in Administrative Management from JBIMS, Mumbai University IT experience across 3 organizations since 1985 Exposure in Manufacturing and Banking domains Career shift from technical to HR to operations Responsible for key client relationships and HR Currently working as Director for Nucsoft Ltd. Tuesday, 29 July 2014 Self Introduction Adjunct Faculty, Project Guide and Mentor at SIMSR Guest Faculty at FCRIMS, CIMSR, SSCMR and UBS Visiting Faculty for Compensation and Benefits at RIMSR, OIM, ITM, RGCMS and GNIMS Visiting Faculty for Organization Theory Structure and Design at RGCMS Visiting Faculty for Managing Change through Organization Development at SIESCOMS and OSB Visiting Faculty for Management Functions and Organizational Behavior at SIESCOMS and ITM Tuesday, 29 July 2014 About Nucsoft Started operations in Mumbai in 1994 Focus on BFSI Domain 350+ team and ISO 9001:2008 certified company Onsite/Offsite/Onshore/Offshore Software development and Production support Resourcing, Projects, Products and Solutions Major clients – Citi, HDFC Bank, Barclays...
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... | | |Human Resource Management | | |Puerto Rico Campus | Copyright © 2009, 2008, 2006, 2004 by University of Phoenix. All rights reserved. Course Description This course focuses on the strategic role of human resource management, personnel planning and job analysis, personnel selection, performance appraisal, compensation, training, and development from the vantage point of the manager. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2007). Fundamentals of human resource management (2nd ed.). New York, NY: McGraw-Hill....
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...Human Resource Management Roles 1 Human Resource Management Roles January 25, 2012 Maria Lee HCS341 Colin Smith Human Resource Management Roles 2 The operations involved in Human Resource Management function are penetrated through out the organization . Major Human Resource Management responsibilities include work design and job analysis, training and development, recruiting, compensation, team building, performance management and appraisal, worker health and safety, issues, as well as identifying or developing valid methods of selecting staff (Benardin, 2007). Human Resource departments must support all aspects of the organization because of the complexity of businesses. Organizational design has a core competence. Organizational design includes decision making, workflow analysis, team effectiveness, and change management. Training of the workforce is an important issue in Human Resource Management. Human Resource managers must consider the makeup of the workforce with both skills and training levels. A well trained workforce is critical for any organization, including a successful health care system. Compensation involves a rage of incentives that are used to attract employees. Compensation focuses on benefits, profit sharing, retirement packages and...
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...NAME: HUMAN RESOURCES MANAGEMENT 1. Explain the concept of human resources management and discuss the role of human resources management function in an organisation. According to Bratton and Gold (1999:11) Human resources management is described as the process that specialises in the management of people in work organisations. Human resources management emphasis that employees are critical in achieving sustainable competitive advantage, that human resources practices need to be integrated with the corporate strategy. Human resources specialist helps organisational controllers to meet both the efficiency and equity strategic objective. Human resources management seeks to achieve two sets of objectives which are to improve employee’s performance and enhance organisational efficiency. The major role of human resources management in an organisation is the hiring and firing of employees which involves attracting the best employees on the market, keeping them in their positions and ensuring that they perform according to the organisational expectation and enhance overall strategic goals of the organisation. Recruitment of employees is the major role performed by the human resources department. This ensures that the organisation selects the most skilful and competent people. This role involves evaluation of the ability and competence of potential employees in relation to the goal of the organisation. Human resources Management is an approach to management of people...
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...Human Resource Management Roles Jarred Thomas HUMAN RESOURCES IN HEALTH CARE HCS/341 Human Resource Management Roles Human Resources are an important factor in all organizations no matter what the size the organization they in are.Usually when some people think of human resources they may think they are "the police” While others may think that HR is mainly implemented into a company to prevent lawsuits or to ease harassment issues within the company but that is far from the truth. While others think that HR exists to make bosses' lives easier when they want to get rid of someone. (HEFFERNAN, 2013). The primary purpose of HR is to protect the reputation and assets of the company; human resources answers only to the employer. ("Primary Responsibilities Of A Human Resource Manager", 2013).In orders to do this Human resources need to stay on top of an ever-changing employment and legal landscape, and are often asked to be way ahead of the departments they oversee. They need to be intimately aware of issues that will have a tremendous effect on the company while continually frustrated with the lack of authority to conduct real change. ("Primary Responsibilities Of A Human Resource Manager", 2013). As you can see Human Resources roles in a company is very important. Within this department those who are in the Human Resource Management position has their own roles that they have to do in order to...
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...Human Resource Management for ABC Company Abstract To determine the current and future organizational needs in human resources, a specific approach must be employed. Such approach is the human resources plan that includes the aspects associated with the workforce and provides a strategy that maximizes the employees’ contribution to organizational objectives. Planning for human resources needs will help to ensure that the workforce possesses the competencies the business needs to succeed. Underachievement or insufficient expertise can be a result of workplace failures and improper hiring process. Therefore, it is important to invest efforts into human resources planning. The present paper provides an example of the human resource plan for ABC Company, which specializes in providing management and subcontract workers on various projects globally. Specifically, the plan consists of organizational structure, description of competitors, work culture, factors needed for success, communication, compensation of employees, recruitment, performance management, and training. These areas should provide comprehensive information about the significance and purposes of the human resource plan in international organizations. Human Resource Management for ABC Company Human Resources (HR) plan is a strategic and systematic method of managing people in a way that maximizes their contribution to company’s goals. It involves all management decisions...
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...Strategic Management Human resources can play a very large role in a company during corporate restructuring or during a merger/acquisition. Many companies depend on human resources for recruitment, retention, training, development, employee performance management, regulatory compliance, and when it comes to dealing with compensation and benefits for employees. This paper will describe human resources role as a strategic partner in corporate restructuring of a health care facility as well as human resources functional responsibilities as mentioned above. When a corporation is in the process of being restructured, they must depend greatly upon their human resources management to recruit and retain the employees for the company. Corporate restructuring can be a stressful time for everyone that is involved including all employees. Human resources must do their best to retain the employees who are currently employed. They do this by keeping them happy so that they stay with the company. Human resources must also hire new employees on an as-needed basis is a company is being restructured because they may be growing and new positions may be opening. When new employees are hired, they need to be trained accordingly. To be trained for a new position within a company requires the human resources to provide the necessary materials and personnel to properly train the individuals. Training usually consists of some type of classroom and paper materials, and so many hours of on-the-job...
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...performance in the Human Resource field nowadays, you must be able to walk the walk and talk the talk. However, as easy as that may seem, there are many factors that need to be taken into consideration to effectively create a high performing organization in the respect of any human resources department. Job design, recruitment and selection, training and development, performance management, and compensation all go hand-in-hand to develop such a successful, high performing outcome. Job design is a vital part in the development of high performance. The role that any human resource representative plays in this part is that they must put themselves in the managers’ shoes. To carry out the job successfully, you really have to break down work procedures and clearly define the specialized tasks to be completed. The human resource representative is responsible for working with the manager or the department lead to ensure this information is the most accurate as this will ultimately be the basis of which defines the job duties and responsibilities. By working with the managers or department leads, it gives the human resource representative the opportunity to thoroughly understand the job itself and its place in the grand scheme of the business. In high performance organizations, job design is essential because it emphasizes teamwork and empowerment as a fundamental piece of improving collaborative performance. Once the job design has been established, the human resource representative can...
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...Human Resource Management and the Workplace Cassandra M. Rhymes BUS303: Human Resources Management Professor Beverly Williams April 26, 2010 Human Resource Management and the Workplace Human Resource Management requires a careful balance and coordination between corporate policies, local, state and federal regulations, and employee rights within the workplace. This paper will review a few of the principles examined during this course and applied to current work environments. Specifically, this paper will review the effect human resource management has on planning within a company through hiring, planning, and recruitment through the use of compensation and other benefits that are important to employee satisfaction. Discussions within our classroom environment included EEO and affirmative action, human resource development, safety and health, and employee and labor relations. While these are not the only components of human resource management, these are the items we addressed in class. Within my own company, our human resource department is divided among the divisions, with the main corporate office housing the human resource group for the entire company, and a small human resources group in the St. Louis office for the division I currently work for. For purposes of this paper, I will use the St. Louis information, as it is the group I am most familiar with. Additionally, I will address the corporate policies for the United States groups, as those apply to our...
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...Human Resource Management Overview Name HRM/300 Date Instructor Name Human Resource Management Overview Human resource management (HRM) has a role that supports organizations in achieving their goals by hiring and maintaining effective employees. The human resource manager is in charge of the staffing, defining and designing work, and employee compensation and benefits. The goal for HRM is to make the most of the production of an organization by improving the success of the employees. Human Resource Management According to DeCenzo & Robbins (2007), human resource management will deal with the changing world and how it relates to the work field. HRM must “understand globalization, technology changes, workforce diversity, labor shortages, changing skill requirements, continuous improvement initiatives, the contingent workforce, decentralized work sites, and employee involvement” (DeCenzo & Robbins, 2007). Primary Function The primary functions of human resource management are overseeing department functions and managing employees. This includes strategic and functional responsibilities, compensation and benefits, training and development, recruitment and selection, and employee relations. Strategic Plan The strategic planning is when a company defines objectives and addresses any internal and external factors. The strategic planning process includes the mission and objectives, situation analysis, strategy formulation, strategy implementation, and...
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...Human Resource Management Human resource management deals with programs that help manage the employees that work in a company or organization. Human resource management might be known by different names depending on the employer. For example it is not uncommon for human resource management to be called the personnel department, employee development, or industrial relations (Ivancevich, 2010). However, the name does not matter as much as the many functions that human resource managment performs, which makes this department strategically important for any company or organization. Many employees may think that human resources is simply there for record keeping and filing, but they are responsible for several major functions that include: Equal Employment Opportunity enforcement, human resources planning, human resources development, compensation and benefits, safety and health, and employee and labor relations. One of the first major functions of human resource management is to ensure that all current and potential employees are treated fairly according to the Equal Employment Opportunity Commission laws. One of the areas that fall within the Equal Employment Opportunity Commission laws is Affirmative action. Affirmative action is the actions appropriate to overcome the effects of past or present practices, policies, or other barriers to equal employment opportunity (Ivancevich, 2010). This area of the human resources management function is very important because it ensures...
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...environment. Human resource is the strategy for acquiring, using, improving and preserving the organisations human resource. Effective Human Resources Management (HRM) plays a major role in ensuring that an organization will survive and prosper. The HRM facilitates the most effective use of people or employees to achieve organizational and individual goals. During our seminar last Thursday, January 21st our speaker Ms. Karen Zamora LLB, MAEd, HR director of this school discussed us topics on hiring, firing, compensation and even the benefits of an employee of the school as well as the teachers. I can say that there are boundaries of school’s laws and regulation pertaining the employee/teacher just benefits and compensation. The basic objectives of the seminar are to understand the roles and function of Human Resource Department in the organization, to identify the essentials steps involved in the recruitment, selection and hiring process, to learn the key elements in developing and implementing an effective training and development program for employees, lastly is to comprehend the basic principles, objectives and components if compensation management system. In this seminar we tackled about four topics first topics is “Overview of Human Resource Management”, second is “Recruitment and Selection”, third “Training and Development”, lastly is “Compensation and Benefits Management”. When our speaker slowly gives us ideas about the function and roles of being a human resource I realized...
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...Legal, Safety, and Regulatory Requirements Valencia Simpson HCS 341- Human Resources Management March 24, 2014 Author Note This paper was prepared for Human Resources Management- HCS341, taught by Alejandra Sipion. Safety, legal, and regulatory requirements in any organization is the most important law because the department involves developing, employing, utilizing, managing and understanding the staff in an organization. According to Gomez, Mejia, Balkin, and Cardy (2010) legal concerns can play an important role in staffing, particularly in selection. Many legal restraints, particularly federal legislation such as Department of Labor, the U.S. Equal Employment Opportunity Commission affects the Human Resource Management process. This paper will discuss the effects of legal, safety, and regulatory requirements have on the Human Resource Management process. Laws and regulatory requirements are currently in place for state and federal divisions to standardize and promote workplace safety. Organizations with extensive safety programs have reduced number of accidents keeping employees safe, decreased workers’ compensation claims and lawsuits and lesser accident-related expenditures for employees who go out under worker’s compensation. (Gomez-Mejia, et al, 2010, p. 511). The Human Resource Management department must take into consideration when hiring new employees the many legal requirements that are set in place by the United States government , state, and federal...
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...INTERNATIONAL HUMAN RESOURCE MANAGEMENT: Definitions of IHRM: Scullion (2005) tracked the evolution of definitions of IHRM. He observed that although there has been little consensus, definitions have broadly concentrated on examining the HRM issues, problems, strategies, policies and practices which firms pursue in relation to the internationalization of their business. Schuler et al (2009) similarly recently positioned the different views that have existed about the nature of IHRM. IHRM encompasses: ‘. . . the worldwide management of people in the multinational enterprise’ (Poole, 1990; p1) ‘. . . human resource management in an international environment . . . problems created in an MNC performing business in more than one country, rather than those posed by working for a foreign firm at home or by employing foreign employees in the local firm’ (Briscoe and Schuler, 2004; p1) ‘. . .how MNCs manage their geographically dispersed workforce in order to leverage their HR resources for both local and global competitive advantage’ (Scullion, 2005; p5) ‘. . . a branch of management studies that investigates the design of and effects of organizational human resource practices in cross-cultural contexts’ (Peltonen, 2006; p523) ‘. . . all issues related to the management of people in an international context [including] human resource issues facing MNCs in different parts of their organizations [and] comparative analyses of HRM in different countries’ (Stahl and Björkman...
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