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INTRODUCTION (OBJECTIVES OF HRM (Providing well trained & well…
INTRODUCTION
OBJECTIVES OF HRM
Providing well trained & well motivated people
Increasing job satisfaction
Efficiently employing the right skills & abilities to work in the company
Managing change
To achieve its goals
KEY HRM ACTIVITIES/ FUNCTIONS
Human Resource Developing ( Preparing people)
Compensation ( Rewarding & Stimulating people)
Staffing Functions ( Getting people)
Safety & Health Maintenance fucntion
Employee & Labor relations
ULTIMATE GOAL
Lower absenteesim
Increase performance
Satisfied employees
Aid Selection Retension
3 Fundamental ways: Achieve organisational objectives
Capacity to operate efficiently
Capacity to undertake new enterprise & change operations
Managing costs
HR Management INTEGRATE
Organisational/ Corporate Strategy
:red_cross:Retrenchment
Review wage cut
Job re-design
Lay-off
Re-negotiation of collective agreement
:check:Acquisation/Merger
Selective lay-off
Transfer/procurement
Orientation & Training
Management cultural transition
:fire:Growth
Aggressive Recruiting
Address rapidly rising salaries issues
Job creation
Expanding T&D