This document discusses several contemporary issues and trends in human resource management. It covers topics like recruitment process outsourcing to staffing companies, downsizing, and the power of people analytics. It describes the benefits and potential pitfalls of using staffing companies. Common approaches to downsizing like natural attrition and early retirement are outlined. The use of people analytics to make smarter hiring decisions and increase retention through data-driven insights is also summarized.
Strategic Human Resource Management (SHRM) - MBA 423 Human Resources Manageme...Stuart Gow
Chapter Review/ Discussion Questions (CRQs) – 10% marks
At the end of each chapter of the text book, there are chapter review questions (CRQs) which are meant to review and test the student’s understanding of the chapter. The facilitator will chose and then allocate the CRQs to each group during week 2 for class presentations in weeks 3 to 7. Some of these questions are being recommended by Stone as possible essay questions which are frequently asked in examinations throughout the world. The time for each presentation may vary from 10 to 20 minutes followed by class discussions. The group’s power-point presentations, both soft and hard copies, must be submitted to the course facilitator on or before the presentation. No written report is required for CRQs. The class and the facilitator will evaluate each group’s presentation. A blank evaluation form will be made available in class and posted in Moodle. However, the MBA 423 Human Resource Management GSB, FBE, USP facilitator has the final say in terms of the final marks to be allocated to each group. The criterias to be used as a guide for evaluating the CRQ presentations is provided in the blank evaluation form.
MBA 423 Human Resources Management (Elective Course)
The effective management of people has an important bearing on organisational success. The importance of personnel policies and procedures has created opportunity for managers and administrators with expertise in this field. The course provides conceptual and practical skills in areas such as the strategic aspects of human resource management, manpower planning, recruitment and selection, performance appraisal, training and development, salary administration and employee benefits. Industrial relations in the context of the South Pacific region is an important theme.
http://www.usp.ac.fj/index.php?id=mba423
Students:
Stuart Gow
Amrish Narayan
Chaminda Wanninayake
Graduate School of Business
Faculty of Business and Economics
University of the South Pacific,
Private Bag, Laucala Campus,
Suva, Fiji.
Tel: (679) 323 1391/323 1392
Fax: (679) 323 1397
These slides are intended to help the Kannur University MBA - HRM students of MBA. It deals with topics of Challenges in HRM, Managing protean careers, Moonlighting Phenomenon, Workforce Diversity, Employee empowerment, Competitive Challenges,
In the 20th century HR is no more a departmental function. It is a core process determining the viability of your strategies. Strategies fail if they are not supported by the appropriate Human resource. Learn & Understand How.!
Strategic Human Resource Management (SHRM) - MBA 423 Human Resources Manageme...Stuart Gow
Chapter Review/ Discussion Questions (CRQs) – 10% marks
At the end of each chapter of the text book, there are chapter review questions (CRQs) which are meant to review and test the student’s understanding of the chapter. The facilitator will chose and then allocate the CRQs to each group during week 2 for class presentations in weeks 3 to 7. Some of these questions are being recommended by Stone as possible essay questions which are frequently asked in examinations throughout the world. The time for each presentation may vary from 10 to 20 minutes followed by class discussions. The group’s power-point presentations, both soft and hard copies, must be submitted to the course facilitator on or before the presentation. No written report is required for CRQs. The class and the facilitator will evaluate each group’s presentation. A blank evaluation form will be made available in class and posted in Moodle. However, the MBA 423 Human Resource Management GSB, FBE, USP facilitator has the final say in terms of the final marks to be allocated to each group. The criterias to be used as a guide for evaluating the CRQ presentations is provided in the blank evaluation form.
MBA 423 Human Resources Management (Elective Course)
The effective management of people has an important bearing on organisational success. The importance of personnel policies and procedures has created opportunity for managers and administrators with expertise in this field. The course provides conceptual and practical skills in areas such as the strategic aspects of human resource management, manpower planning, recruitment and selection, performance appraisal, training and development, salary administration and employee benefits. Industrial relations in the context of the South Pacific region is an important theme.
http://www.usp.ac.fj/index.php?id=mba423
Students:
Stuart Gow
Amrish Narayan
Chaminda Wanninayake
Graduate School of Business
Faculty of Business and Economics
University of the South Pacific,
Private Bag, Laucala Campus,
Suva, Fiji.
Tel: (679) 323 1391/323 1392
Fax: (679) 323 1397
These slides are intended to help the Kannur University MBA - HRM students of MBA. It deals with topics of Challenges in HRM, Managing protean careers, Moonlighting Phenomenon, Workforce Diversity, Employee empowerment, Competitive Challenges,
In the 20th century HR is no more a departmental function. It is a core process determining the viability of your strategies. Strategies fail if they are not supported by the appropriate Human resource. Learn & Understand How.!
Meaning of HRM, Importance of HRM, Objectives and Functions, process of HRM, Systems and Techniques, Role of human resource manager, duties and responsibilities of human resource manager, typical organization set up of human resource department.
A Short Review on Human Resource Management System for further development of any organization. Development of any system is necessary
but before that, we need to identify the obstacle of that system. In this situation, HRM helps us a lot. Therefore at first, we need to know HRM first.
Define HRM? Why it is important for an organization.kumail mehdi
Explain why human resource management is important to an organization? How external influences affect human resource management . Explain environmental factors affecting human resource management.
Meaning of HRM, Importance of HRM, Objectives and Functions, process of HRM, Systems and Techniques, Role of human resource manager, duties and responsibilities of human resource manager, typical organization set up of human resource department.
A Short Review on Human Resource Management System for further development of any organization. Development of any system is necessary
but before that, we need to identify the obstacle of that system. In this situation, HRM helps us a lot. Therefore at first, we need to know HRM first.
Define HRM? Why it is important for an organization.kumail mehdi
Explain why human resource management is important to an organization? How external influences affect human resource management . Explain environmental factors affecting human resource management.
ESSENTIAL OF HUMAN RESOURCE MANAGEMENT WORKSHOPEmeka Anazia
EHRM focuses on issues facing today\'s business owners and managers who do not always have the expertise to deal with the many employee relationship issues they face, and yet will be expected to make decisions that are both effective and legal. It equips participants with knowledge and skills to effectively address these challenges, saving them the cost of potential lawsuits, enabling them run a healthy and more productive work team which ultimately results in increased profitability
this ppt help you understanding the employee grievances. i hope you enjoy this typical topic. thanks
Kishan Kumar Panday
Scholar of
Banaras Hindu University, varanasi
221005.
mobil 7238809900
Charlotte Johnson is a community-focused St. Paul, Minnesota, executive who guides the Otto Bremer Trust (OBT) as trustee and co-CEO. In facilitating $47 million in program-based grants in 2016 alone, Charlotte Johnson and her colleagues sought out well-established organizations with a demonstrated track record of improving people’s lives.
The human resource planning process is one of the main responsibilities of the HR Manager. But at present this responsibility does not solely come under the HR Managers context since it directly affects the profitability of the company consequently.
Innovative Employee Solutions
9665 Granite Ridge Drive, #420
San Diego, CA 92123
(858) 715-5100
http://www.innovativeemployeesolutions.com/
Innovative Employee Solutions specializes in payrolling and outsourced HR administrative services as the employer of record for various industries including technology, engineering, medical, insurance, clerical, research companies and many more.
An abstract overview of the important aspect of HR department of every organisation that is recruitment which includes selection process, interviews, induction, orientation, etc.
See two companies' unique approaches to overhauling their recruitment processes.
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Job analysis and talent management process, personnel planning and recruiting Pallavi Goyal
THE TALENT MANAGEMENT PROCESS
THE BASICS OF JOB ANALYSIS
competencies model
steps in recruitment and selection process
planning
forecasting demand of employees
employee engagement
internal recruitment
diversity in recruitment
extended workforce
Global competition for talent, outsourcing labor, compliance legislation, remote workers, aging populations – these are just a few of the daunting challenges faced by HR organizations today.
Yet the most commonly monitored workforce metrics do very little to deliver true insight into these topics. Leaders need to graduate from metrics to analytics, surfacing the important connections and patterns in their data to make better workforce decisions. By graduating from metrics to analytics, HR professionals and leaders can better understand the contributing factors that are impacting their organization, and take the right actions to implement programs that will provide a true competitive advantage.
1. CONTEMPORARY ISSUES
AND TRENDS IN HUMAN
RESOURCE MANAGEMENT
Subject: Human Resource Management
Prof. Sanjay Kaushik
Team members: Ashok Kumar
(MBA GEN A) Nikki Latta
Sanchit Kaura
Swati Sharma
March 3rd, 2017
2. SIGMA-ALDRICH & KELLYOCG
KellyOCG created service level agreements (SLAs)
Comprehensive data mining from various internal and
external sources.
This involved reaching out to the HR and TA team,
other internal recruiters, external recruiters the
company was working with, and existing employees
to consolidate existing databases.
candidate résumés, various channels for
pharmaceutical-specific sourcing, and information
on pharmaceutical shared services in the IT domain—
checked for relevance, categorized, and centralized for
ready access.
Created role definitions, which incorporated
pharmaceutical related elements and IT requirements
for each role, to reach out to candidates.
3. 1. RECRUITMENT PROCESS
OUTSOURCING ( S TA F F I N G C O M PA N I E S )
Recruitment Process Outsourcing is a form of business
process outsourcing (BPO) where an employer transfers all or part of
its recruitment processes to an external service provider.
Technavio is a leading global technology research and advisory company.
Global recruitment process outsourcing market to grow at a CAGR of close to
18% during the period 2017-2021.
4. RPO COSTING MODELS
Management Fee Model (typically monthly) - agreed-upon number of positions, may have escalation
factors if the number of hires increases over a period of time
Cost Per Hire Model - A fee is paid for each candidate who is successfully brought through the program
and hired (or other action such as offered a position), may be used for short-term
Management Fee Plus Cost Per Hire - This is a combination of the above two. This combines the
consistent recruiting effort under the management fee, with payments for the success (hires) of the program.
Cost Per Slate - This is a sourcing model where the RPO provider charges a fee for a set number of
sourced, screened and qualified candidates for each open position. From there, the candidates are provided
to the internal recruiters for continuation of the recruiting and hiring processes.
Cost Per Transaction - A fee is charged for a specific process to be completed by the RPO provider, such
as initial screening or reference checks.
5. BENEFITS OF USING
STAFFING COS.
Focus on core business activities
Shrink HR and Administration costs (Payroll, Benefits, Training, Accounting)
Ease of handling – Planned & unplanned absences
Regulatory and Statutory Compliance
Better Employer – Employee relations
The recruiter can help write the job description
Since matching applicants with employers is a recruiter’s entire job, they’re able to devote the time and get applicants in place
quickly, meaning you’ll be able to fill the position faster.
They can handle reference checks for you. (Idfy – third party verification)
Recruiters are typically well-versed in their respective industry and can identify and connect with a larger group of candidates
- wider applicant pool at the recruiter’s disposal.
6. POTENTIAL PITFALLS OF
USING A RECRUITER
Morale: The temporary workers might develop resentment for doing the same job without the benefits that you
provide your permanent employees.
Legal Issues: Some employers have been sued for keeping workers as temporaries for long periods of time, the courts
viewed this as an attempt to skirt employer responsibilities
It’s difficult for an external agency to know your business as well as you do. This means that a recruiter may be more
likely to overlook an otherwise qualified candidate who doesn’t satisfy every box on a checklist. In other words, a great
candidate may be passed over if the recruiter doesn’t know when to be flexible in the candidate qualifications.
There is an extra expense involved with recruiters—typically a portion of the new hire’s initial salary. Obviously, this
expense may be quite high in some cases.
There is a time commitment involved in finding the best recruiting agency to contract with – quality compromise
Depending on the situation, a recruiter may place a candidate for interviews with several companies concurrently. This
can increase the likelihood that your chosen candidate will have competing offers.
8. ISSUES
Survivor sickness – decreased effort and creativity, increased
resentment and fatigue
Leaves a company ill-equipped to handle the return of strong
revenue numbers
Maintaining productivity with less employees
9. MOST COMMONLY USED
BY EMPLOYERS
Natural attrition/wastage (leave on their own accord)
Early retirement (VRS -Voluntary retirement scheme is a
method used by companies to reduce surplus staff)
Compulsory redundancy
10. ALTERNATIVES
Redeployment
Wage reduction
Mandatory vacations
Employee sabbatical (At Adobe, employees may take a sabbatical for every five
years of tenure. The first sabbatical is four weeks, then at the 10-year mark
employees are entitled to five weeks’ sabbatical. After 15 years, the time off
increases to six weeks, and it stays at that length for every subsequent five years.)
Hiring freeze
11. 3. THE POWER OF
PEOPLE ANALYTICS
HR was reactive and compliance oriented
People analytics helps organizations to make smarter, more strategic and more informed
talent decisions. With people analytic, organizations can find better applicants, make smarter
hiring decisions, and increase employee performance and retention.
Areas: Engagement, Diversity, Retention and attrition, Staffing and selection, Performance
management, Employee lifecycle, Leadership
People analytics relies on comprehensive collection of digital data about employees’
behavior. The data can come from employees’ key performance indicator reports, email
traffic, in-office interaction patterns, and social networking activity. Once collected and
aggregated, data are analyzed for patterns by algorithms to inform managerial decisions.
12. PRACTICAL IMPLEMENTATION
A co reduced its retention bonuses by $20 million—and employee attrition by half—thanks to the use of
predictive behavioral analytics. Through this process, and contrary to expectations, the company found that
limited investment in management and employee training, and inadequate recognition, were the main
drivers of staff defections. Expensive retention bonuses, to which the company had resorted in desperation,
were simply an ineffective and costly Band-Aid. Many companies conventionally try to tackle retention issues by
conducting in-depth exit interviews.
A leading healthcare organization, for example, has used these techniques to generate more than $100
million in savings while simultaneously improving the engagement of its workforce. The organization found that
highly variable and unequal compensation levels were disturbing employees and driving high rates of
attrition. Once the data analytics had identified an optimal minimum and maximum compensation threshold, the
healthcare group increased the engagement and productivity of its employees—and reduced not only their rate
of attrition but also its total compensation expenditures.
(http://www.mckinsey.com/business-functions/organization/our-insights/power-to-the-new-people-analytics)
13. (CONTD.)
An insurance company that found the No. 1 predictor of success in sales was whether a person had
typos in his or her resume. Whether the person had experience in selling insurance was No. 2 or 3.
After the company realized these were top factors, it changed its hiring criteria. The company saw
improvement in sales within six months.
The algorithm adapted by another co’s HR took into account historical recruiting data, including
past applicant résumés and, for those who were extended offers previously, their decisions on
whether to accept. the model successfully identified those candidates most likely to be hired and
automatically passed them on to the next stage of the recruiting process. Those least likely to be hired
were automatically rejected. With a clearer field, expert recruiters were freer to focus on the remaining
candidates to find the right fit. Helped in saving and increased ROI.
(http://www.mckinsey.com/business-functions/organization/our-insights/people-analytics-reveals-
three-things-hr-may-be-getting-wrong)
14. THE ISSUE WITH USING PEOPLE
ANALYTICS
Curbs innovation
Manipulation of self-administered reports
Algorithms are not always accurate
15. ASSESSMENT CENTERS
An Assessment Center consists of a
standardized evaluation of behavior
based on multiple evaluations
including: job-related simulations,
interviews, and/or psychological
tests. Job Simulations are used to
evaluate candidates on behaviors
relevant to the most critical aspects
(or competencies) of the job.
17. OTHER TRENDS
Agile HR (smaller teams, reduce number of meetings)
Softer performance ratings (Accenture, Deloitte)
Individualization (instead of segmentation like gen y gen x, data analytics are
used to narrow down on an individual)
SCRUM: work in a team in short sprints of two to four weeks. The goal is to
have clear deliverables at the end of the period. The end of the period is the
moment to regroup, discuss the lessons learned and determine the deliverables of
the next period
People management – managers cum hr professional
19. Research Paper(s):
Human Resource Management: Positive and Ethical People Practices Dr. Dana McDaniel
Sumpter California State University, Long Beach College of Business Administration (2013)
Ethical dilemmas in HR practice A paper from HR in a disordered world: IES Perspectives
on HR 2015 Alison Carter, Principal Associate (2015)
Book(s):
Contemporary human resource management by Tom Redman and Adrian Wilkinson
Case(s):
RPOIndia_TalentSolutionTailoredToFit_CaseStudy.pdf
REFERENCES
(NIK K I)