2. Meaning of HRM?
It is concerned with management of
people from recruitment to retirement.
To select RIGHT person , at the RIGHT
place for the RIGHT Job.
3. Objectives Of HRM
1. Help the organization reach its goals
2. Employ the skills & abilities of the workforce efficiently
3. Provide the organization with well trained & motivated
employees
4. Increase to the fullest the employee's job satisfaction & self
actualization
5. Develop & maintain a quality of work life
6. Communicate HR policies to all employees
7. Ethically & socially responsive to the needs of society.
5. Recruitment
The process by which a job vacancy is identified and
potential employees are notified.
The nature of the recruitment process is regulated and
subject to employment law.
Main forms of recruitment through advertising in
newspapers, magazines, trade papers and internal
vacancy lists.
Job description – outline of the role of the job holder
Person specification – outline of the skills and qualities
required of the post holder
6. Selection
“The process of assessing candidates
and appointing a post holder”
Applicants short listed ‘most suitable candidates selected’
Selection process ‘varies according to organisation’
Interview – most common method
Psychometric testing – assessing the personality of the
applicants ; will they fit in?
Aptitude testing – assessing the skills of applicants
In-tray exercise – activity based around what the applicant will
be doing, e.g. writing a letter to a disgruntled customer
Presentation – looking for different skills as well as the ideas of
the candidate
7. Employment Legislation
Increasingly important aspect of the HRM role
Wide range of areas for attention
Adds to the cost of the business
Even in a small business, the legislation relating to
employees is important – chemicals used in a
hairdressing salon for example have to be carefully
stored and handled to protect employees.
8. Discipline
Firms cannot just ‘sack’ workers
Wide range of procedures and steps in dealing with workplace
conflict
Informal meetings
Formal meetings
Verbal warnings
Written warnings
Grievance procedures
Working with external agencies
9. Development
Developing the employee can be regarded as investing in a valuable asset
A source of motivation
A source of helping the employee fulfil potential
Training
Similar to development:
Provides new skills for the employee
Keeps the employee up to date with
changes in the field
Aims to improve efficiency
Can be external or ‘in-house’
10. Rewards Systems
The system of pay and benefits used by the
firm to reward workers
Money not the only method
Fringe benefits
Flexibility at work
Holidays, etc.
11. Trade Unions
Importance of building relationships with
employee representatives
Role of Trade Unions has changed
Importance of consultation and negotiation
and working with trade unions
Contributes to smooth change management
and leadership
12. Productivity
Measuring performance
How to value the workers contribution
Difficulty in measuring some types of output – especially in
the service industry
Appraisal
Meant to be non-judgmental
Involves the worker and a nominated appraiser
Agreeing strengths, weaknesses and ways forward to
help both employee and organisation
13. Motivating Employees
How critical is Motivation of employees ?
Employees personal goals does vary with the management’s
goals
According to a study, 5% increase in employee satisfaction
results in a 1.3% increase in customer satisfaction and 0.5%
increase in sales
Customer loyalty is directly
related to motivation of
employees.
14. Human Resource Management Goals
Develop an Effective Workforce
Training
Development
Appraisal
Maintain an Effective Workforce
Wage and salary
Benefits
Labor relations
Terminations
HRM planning
Job analysis
Forecasting
Recruiting
Selecting
Attract an Effective Workforce
Company Strategy