human resource management

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author by abhishek gupta ....MBA ghanshyam binani acedemy of management sciences

author by abhishek gupta ....MBA ghanshyam binani acedemy of management sciences

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  • 1. 6/29/2013 1
  • 2. 6/29/2013 2
  • 3. SERVICES  International assignments  Human resource management  Reward  People and change 6/29/2013 3
  • 4. INTERNATIONALASSIGNMENTS  You need to ensure that your international assignment policies are aligned with and meet the needs of your business while being cost efficient.  You want to develop competitive assignment, reward and benefits packages  You need tax-efficient international assignment structures and policies  You are focused on managing the risks inherent in global deployment  You need to ensure that you select the right staff for international 6/29/2013 4
  • 5. HUMAN RESOUCE MANAGEMENT  You need a talent pipeline which will truly deliver your growth ambitions.  Your organisation is going through a transaction or period of change that impacts employees.  You need a workforce restructuring programme – to cut out costs or to make your workforce fit for the future.  Employees and/or the management team are not meeting their objectives and that impacts business performance.  You want to identify a path to best practice with long and short-term HR priorities.6/29/2013 5
  • 6. REWARD  You want to align your reward strategies with your business objectives to create value for shareholders.  You want your reward strategies to better support the objectives of recruitment, retention and motivation.  You want to confirm that your reward plans are tax efficient in all relevant jurisdictions.  You need to comply with new legislation and corporate governance codes.  You want to optimise the P&L, balance sheet and cash flow aspects of your compensation and benefit programmes. 6/29/2013 6
  • 7. PEOPLE & CHANGE  You want the organisation's culture to be a competitive advantage.  You are seeking benchmarks for the efficiency and effectiveness of HR.  You have to establish the control and coordination required to manage projects and programs successfully, achieving the right business results. 6/29/2013 7
  • 8. 6/29/2013 8
  • 9. BENEFITS  HR strategy must be aligned with the organization’s vision, mission and goals.  In developing an HR strategy, the company must analyze the characteristics of its industry, determine its competitive advantage, and identify key processes and key people. 6/29/2013 9
  • 10. BENEFITS  Human Resources provides benefits in six core areas:  Health (medical, prescription drug, dental, vision, and health care flexible spending accounts)  Retirement (university provided retirement contributions and employee retirement savings vehicles)  Tuition (for employees and eligible children of employees)  Life Insurance (basic and supplemental life and AD&D insurance, and life insurance for dependents)  Disability Insurance (short- and long-term disability and workers' compensation)  Lifestyle Support (such as child care, EAP, transportation, banking, paid time off, and other benefits) 6/29/2013 10
  • 11. 6/29/2013 11
  • 12. HUMAN RESOURCE FEATURES 6/29/2013 12
  • 13. FEATURES  Human Resources encompasses all the applications necessary for handling personnel-related tasks for corporate managers and individual employees. Modules will include Personnel Management, Benefit Management, Payroll Management, Employee Self Service, Data Warehousing, Health and Safety, Workforce Management, Training, and Product Technology 6/29/2013 13
  • 14. PERSONNEL MANAGEMENT  Personnel management automates personnel processes including recruitment, personnel profile, organizational structure, career development & training, reward management, job position and wage profiles, and business travel and vacation allotments. 6/29/2013 14
  • 15. BENEFITS  Benefits functionality is used to administer a diverse range of benefit plans. Such plans typically cover accidental death and dismemberment (AD&D), disability, life, medical, retirement plans, flexible benefits, and profit sharing plans. 6/29/2013 15
  • 16. PAYROLL  Payroll manages the portion of accounting that is related to salaries, wages, and bonuses for employees.  check distribution, tax documentation, security and auditing, and automated timesheets 6/29/2013 16
  • 17. EMPLOYEE SELF-SERVICES  Employee self-service lets workers access their personal information and benefit allocations on-line to manage life events and benefit selections without having to send forms to human resources. 6/29/2013 17
  • 18. EMPLOYEE METRICS  Data warehousing describes the process of defining, populating, and using a data warehouse.  Creating, populating, and querying a data warehouse typically carries an extremely high price tag 6/29/2013 18
  • 19. HEALTH & SAFETY  Health and safety provides the tools to administer compliance with the health and safety regulations  Accident and injury reporting, and tracking of lost time by employee. 6/29/2013 19
  • 20. WORKFORCE MANAGEMENT  Workforce management enables organizations to efficiently plan and organize their labour resources.  It helps employers assess part-time employee labour, evaluate and project the contribution from individual employees 6/29/2013 20
  • 21. THANK YOU 6/29/2013 21