HUMAN RESOURCE Management

• Introduction to HRM
• Human Resource Management : The Challenges

Introduction to HRM

Human Resource 

• def: policies and practice being carried out to manage 'people' in an org. which deals with the work of recruiting, training, rewarding, appraising and retrenchment
• function
  • Employment
    • HR plan
    • recruitment , selection, induction (orientation)
    • administration of career advancement
    • ensuring compliance with employment law
    • record keeping and reporting of employee
  • Performance
    • appraisal system
  • Compensation
    • wages, salary. EPF
    • contract
  • Training
    • training program
    • motivation program
  • Safety / Health
    • safety equipment
    • safe working environment
  • Industrial Relation
    • relation with trade unions
    • administration of disciplinary procedures
  • Employee Service
    • canteen
    • transportation, accommodation
    • recreation facilities

Human Resource Management: The Challenges

1.    Environmental Challenges: 

• the forces external to the firm that affect the firm's performance but are beyond the control of management.
• Consist of :
  • Rapid Change
  • Work Force Diversity
  • Globalization
  • Legislation
  • Evolving Work and Family Roles
  • Skill Shortages and the Rise of the Service Sector

2.    Organizational Challenges:

• Concerns or problems internal to a firm; often a byproduct of environmental forces.
• Consists of :
  • Competitive Position: Cost, Quality, or Distinctive Capabilities.
  • Decentralization
  • Downsizing
  • Organizational Restructuring
  • Self-Managed Work Teams
  • The Growth of Small Business
  • Organization Culture
  • Technology
  • Outsourcing

 3.    Individual Challenges:

• Human Resource issues that address the decisions most pertinent to individual employees.
• Consist of :
  • Matching People and Organizations
  • Ethics and Social Responsibility
  • Productivity
  • Empowerment
  • Brain Drain
  • Job Insecurity