2. What is Human
Resource (HR).??
HR refers to the individuals or personnel or workforce within an organisation
responsible for performing the tasks given to them for the purpose of achievement of
goals and objectives of the organisation which is possible only through proper
recruitment and selection, providing proper orientation an induction, training, skill
developments, proper assessment of employees (performance appraisal), providing
appropriate compensation and benefits, maintaining proper labour relations and
ultimately maintaining safety, welfare and health concern of employees, which
is process of the human resource management.
4. What is Human
Resource Audit.??
Comprehensive evaluation of the current HR systems and strategies, structure and
competencies culture and impact in the context of the short and long term business
plans of the company.
5. Importance of HR Audit
• Align or realign HR with the business goals.
• Make HR Business driven
• Improve HR systems for expanding, diversifying and entering into a fast growth
phase.
• Adopt professional management
• Understand the reasons for turnover and improve retention strategies.
6. • Review and improve the HR systems like Manpower Planning and Recruitment,
Performance Appraisal (PA), Training and Development ,Career and Succession
planning.
• Create a high ROI on HR
• Reorient the HR system with the changes in Business Environment