Post on 19-Oct-2014
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Managing Human Resource http://www.slideshare.net/Subjectmaterial
Chapter 8
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Quiz
And All the MoMs you can eat P-206 1,4,5,6,
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FINAL PROJECT
GENERATE REVENUE REQUIRED
SUBMIT GROUP NAMES DATE OF IDEA SUBMISSION
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Marks Distribution
50 Terminal Examination20 Mid Term Examination15 Quizzes15 Final Assignment
1. THE FOUNDATION OF HRM The Strategic importance of HRM Human Resource Planning
2. STAFFING THE ORGANIZATION Selecting Human Resource
3. DEVELOPING HUMAN RESOURCES Orientation Training & Development Techniques and methods
4. EVALUATING EMPLOYEE PERFORMANCE
5. PROVIDING COMPENSATION AND BENEFITS Compensation Indirect compensation and benefits
6. THE LEGAL CONTEXT OF HRM Equal employment opportunity Contemporary legal issues in HRM
TOC
7. NEW CHALLENGES IN THE CHANGING WORKPLACE
Managing workforce diversity Managing knowledge workers Contingent and temporary workers
Reference: Teacher tools
TOC
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THE FOUNDATIONS OF HRM
HRM: Attracting, developing, and
maintaining an effective workforce
Human Resource Planning Process
Conduct analysis
Forecast demand for
labor
Forecast internal supply of labor
Forecast external supply of
laborDevelop plan to match demand
with supply
Job Analysis“systematic analysis of Jobs Within an organization”
Job Description: Systematic evaluation of the duties,
working conditions, tools, materials, and equipment related to the performance of a job
Job Specification: Description of the skills, abilities, and
other credentials required by a job
Forecasting Labor Supply
Internal Forecasting:
The number and type of employees who will be in the organization in some future date
Replacement Charts Listing of each managerial position, who occupies it,
how long that person will likely stay in the job, and who is qualified as a replacement
Skills Inventories (Emp Information Sys)
Computerized system containing info on each employee’s education, skills, work experiences, and career aspirations
Forecasting Labor Supply
External Forecasting
The number and type of people who will be available for hiring from the labor market at large.
State Employment Commissions Government Reports College Information Availability of temporary workers
Matching HR Supply and DemandDealing with predicted shortfallFind out through comparing future demand and
internal supply Hire new employees Consider hiring temporary workers Retrain and transfer current employees into
understaffed areas Productivity enhancing systems Convince older workers not to retire
Dealing with overstaffing: Transfer the extra employees to other teams Not providing replacements Encourage early retirement Lay offs
External RecruitingAttracting outside candidates to apply for jobs
External RecruitingAttracting outside candidates to apply for jobs
STAFFINGProcess of attracting qualified candidates to apply for a job
Internal Recruiting
Considering current employees for new positions
Internal Recruiting
Considering current employees for new positions
What are the strengths and weaknesses
of each approach?
Selecting Human Resources Objective:
To gather information that will predict their job success and then to hire the candidates likely to be most successful
Process Application Forms Tests Interviews
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DEVELOPING HUMAN RESOURCES
Orientation: Process of introducing new employees
to the organization so that they can quickly become effective contributors
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Training & Dev techniques & Methods
Work based programs1. On the Job Training:
Work based training, which is conducted while an employee is in an actual work situation
2. Vestibule Training Work based training conducted in a simulated
environment away from the work site
3. Systematic job rotation and transfer Work based training in which employees are
systematically moved from one job to another so that they can learn a wider array of tasks and abilities
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Training & Dev techniques & Methods
Instructional based program Training designed to impart new knowledge
and information
1. Lecture or discussion Instructional based training in which knowledge
and information are descriptively presented
2. Computer assisted instruction Instruction based training in which knowledge
and information are presented via computer
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Training & Dev techniques & Methods
Training Technology Video Teleconferencing Interactive Video
Team building and Group based Training
Cooperation and group learning Outdoor programs Leadership programs Physical activities
EVALUATING EMPLOYEE PERFORMANCE
Performance Appraisal
Formal evaluation of an employee’s job performance in order to determine the degree to which the employee is performing effectively
Performance Appraisal
Formal evaluation of an employee’s job performance in order to determine the degree to which the employee is performing effectively
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PROVIDING COMPENSATION AND BENEFITS
Compensation: Set of rewards that organizations
provide to individuals in-return, for their willingness to perform various jobs and tasks.
Elements of Compensation Base salary Incentives Bonuses Benefits Other rewards
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Compensation
Wages: Compensation in the form of money paid
for time worked Salary
Compensation in the form of money paid for performing the responsibilities of a job
Merit pay plan Performance based pay plan which are
formally based on at least some meaningful portion of compensation on merit
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Indirect Compensation & Benefits
Benefits: Compensation other than wages and salaries
like rewards, incentives and other things of value
Mandated protection plans Unemployment insurance Social security; pension plans, provident fund
Optional protection plans Health insurance (dentals, maternity, death
coverage etc) Private pension plans
Paid time off; paid vacations, sick and annual leaves
Other types of Benefits Wellness programs
Counseling services
Childcare benefits
Cafeteria benefits; set limit on benefits per employee, giving employee to choose from a variety of alternative benefits
Fitness centers, sports, pick n drop, educational assistance
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THE LEGAL CONTEXT OF HR MANAGEMENT
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Equal Employment opportunity
Equal employment opportunity: Legally mandated nondiscrimination in
employment on the basis of race, religion, gender or national origin
Illegal discrimination Discrimination against protected classes
that cause them to be unfairly differentiated from others
Protected Class: Like women, black, disabled
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Contemporary issues in HR management
Employee safety and health Sexual Harrasment Employment at will
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NEW CHALLENGES IN THE WORKPLACE
Managing workforce diversity Managing knowledge workers Contingent and temporary workers