This document discusses key aspects of human resource management including definitions, functions, nature, scope, concepts, differences between personnel management and HRM, objectives, importance, qualities of an HR manager, environmental factors, emerging issues, and human resource planning. Some of the main points covered are:
- HRM can be defined as employing, developing, utilizing, maintaining, and compensating human resources according to organizational needs.
- The main functions of HRM include acquisition, development, compensation, motivation, industrial relations, and information systems.
- HRM treats employees as an asset rather than a cost and focuses on developing their full potential through training and development.
The HR Business Partner is the most critical role in the modern HR Model. The HRBP is the employee, who acts as the single point of the contact for internal clients. However, the HRPB is not a pure sales person. The HRBP influences the work of Human Resources, participates in setting HR Goals and Objectives, leads difficult projects and collaborates with HR Centers of Excellence.
The role is critical, but many companies fail in choosing right employees for the position. The HR Business Partner has to be highly skilled and has to understand to all HR processes to sell them the right way.
Strategic Human Resource Planning PowerPoint Presentation Slides SlideTeam
Workforce planning is essential for high performing organizations, our Strategic Human Resource Planning PowerPoint Presentation Slides enable you to align your workforce requirements with your business goals. With the help of this sample deck, you can showcase strategic human resource plan framework, assessing the current HR capacity, forecasting HR requirements, skill gap analysis plan, organizational skills program matrix, company’s recruitment strategies, evaluating recruitment strategies, recruitment budget, etc. Structure human resource plan with this content ready strategic HRM planning PPT visuals. Using this visually stunning strategic human resource management process, HR managers can easily present the content to target management. Furthermore, this will guide you on how a business should move from its current to the desired manpower position. Get a clear idea about the HRM process. Download the strategic human resource management plan in just a few seconds. Deliver an effective presentation and explain your points more efficiently. Pamper yourself with our Strategic Human Resource Planning Powerpoint Presentation Slides. They will rejuvenate your thoughts.
The HR Goals and Objectives 2014 will be challenging again. The economy is still not improving enough to support the easy job of Human Resources. HR Department will have to stay focused on increasing productivity, attracting the best talents and simplifying its operations to cut costs.
HR Goals and Objectives 2014 will not change dramatically from 2013. Just social media and HR Big Data will be the next big thing in Human Resources.
The HR Business Partner is the most critical role in the modern HR Model. The HRBP is the employee, who acts as the single point of the contact for internal clients. However, the HRPB is not a pure sales person. The HRBP influences the work of Human Resources, participates in setting HR Goals and Objectives, leads difficult projects and collaborates with HR Centers of Excellence.
The role is critical, but many companies fail in choosing right employees for the position. The HR Business Partner has to be highly skilled and has to understand to all HR processes to sell them the right way.
Strategic Human Resource Planning PowerPoint Presentation Slides SlideTeam
Workforce planning is essential for high performing organizations, our Strategic Human Resource Planning PowerPoint Presentation Slides enable you to align your workforce requirements with your business goals. With the help of this sample deck, you can showcase strategic human resource plan framework, assessing the current HR capacity, forecasting HR requirements, skill gap analysis plan, organizational skills program matrix, company’s recruitment strategies, evaluating recruitment strategies, recruitment budget, etc. Structure human resource plan with this content ready strategic HRM planning PPT visuals. Using this visually stunning strategic human resource management process, HR managers can easily present the content to target management. Furthermore, this will guide you on how a business should move from its current to the desired manpower position. Get a clear idea about the HRM process. Download the strategic human resource management plan in just a few seconds. Deliver an effective presentation and explain your points more efficiently. Pamper yourself with our Strategic Human Resource Planning Powerpoint Presentation Slides. They will rejuvenate your thoughts.
The HR Goals and Objectives 2014 will be challenging again. The economy is still not improving enough to support the easy job of Human Resources. HR Department will have to stay focused on increasing productivity, attracting the best talents and simplifying its operations to cut costs.
HR Goals and Objectives 2014 will not change dramatically from 2013. Just social media and HR Big Data will be the next big thing in Human Resources.
The HR business partner is the most critical, yet frequently ignored role in the move to HR shared services. Much attention is given to new roles created by a shared services model while little attention is given to how the business partner role must change with the new model. This is the third session of a HR Shared Services learning series that ScottMadden presented in conjunction with Shared Services & Outsourcing Network (SSON). In this session, we discussed the important evolution of the business partner role and the skills and competencies needed to effectively support the business.
To learn more, please visit www.scottmadden.com.
The HR business partner is the most critical, yet frequently ignored role in the move to HR shared services. Much attention is given to new roles created by a shared services model while little attention is given to how the business partner role must change with the new model. This is the third session of a HR Shared Services learning series that ScottMadden is presenting in conjunction with Shared Services & Outsourcing Network (SSON). In this session, we discuss the important evolution of the business partner role and the skills and competencies needed to effectively support the business.
Change the perception and reality of talent acquisition from a necessary cost of doing business to an ROI force to be reckoned with.
You will learn about the strategic importance of the four fundamental processes: competency management, pre-employment testing, interviewing and onboarding and how each plays a role in engaging candidates who’ll continue to enhance your business.
HR Business Partner: Roles and ResponsibilitiesCreativeHRM
Dave Ulrich changed Human Resources. He described completely new HR Model. He introduced several roles, which HR has to act. The HR Business Partner is the key role in his concept.
The HR Business Partner is the front office role of HR and the HR Business Partner has to understand the business he or she supports. The HRBP has to understand to all HR processes and has to be able to negotiate the win-win consensus with internal clients.
What are the most common roles and responsibilities of the HR business partner? How should you implement the Dave Ulrich's HR Model in your organization?
HR Strategy - How to develop and deploy your hrm strategy - a manual for HR ...Anne Van de Catsye
Is your organization in need of a long term strategy for managing HR? Does your CEO challenge you to come up with HR plans that are aligned with the business plans? Do you have a strong strategic HR plan in your head but little time and no standard templates to turn this plan into a formal HR Strategy Document?
Having a clearly defined Strategic HR Plan helps you to become a strategic HR Business Partner, and will increase your credibility with Senior Management.
It will also help you to follow up on defined HR actions and report on progress in a highly professional way.
This manual explains in detail the 4 major steps to execute when defining and implementing your own HRM Strategy. You can use this manual as a guide during your projects, or as a development tool for your team.
Content within this Guide:
1. The Theory : Introducing the Concept & ModelWhat is Strategic HRM?
2. The Practice : A roadmap for creating your HRM StrategyHow to develop your HRM Strategy?
3. The Experience : Sharing experiencesHow to be successful?
Completely align the Recruitment Strategy with the business plan, so as to stay head of the curve with the leaders in recruiting Top Talent from the industry.
Annual business plan hr template : play this in slide show modeVipul Saxena
This is the Template which can be used for presenting Annual Business Plan for HR Deptt.
I have been using it and customise it as per needs of the organisation. Covers almost all aspects/challenges of HR Deptts
Effective Onboarding for Better Retention with Jeremy York, SPHR, SHRM-SCPAjilon
Build a smooth onboarding process for better retention. Onboarding done right helps new employees acclimate to company culture, feel appreciated from the get-go, and understand their roles and how they’ll work with other team members. This leads to long-term loyalty and job satisfaction—and more productive employees! This webinar will show you the steps to creating a strong onboarding plan.
Human resource is the most important asset of the organizations. Select our Hr Roadmap PowerPoint Presentation Slides to present HR planning Strategies. Users can easily present HR developments with this content ready presentation on human resource planning. Human resource timeline PowerPoint complete deck includes templates like HR roadmap for successful onboarding, HR strategy roadmap, action Plan, transformation roadmap, etc. These templates are completely editable. Presenter can change the font, text and color as per their needs. Showcase how right talent will help your business succeed over time. Purpose of HR planning is hiring the right people with the right talent at right place on right time. Strategic human management PPT presentation also be used for related topics such as human resource planning, workforce management, workforce planning manpower planning and many more. Download HR management plan Presentation layout to identify current and future human resource needs. Convince folks that they are in capable hands with our Hr Roadmap Powerpoint Presentation Slides. Impress them with your craft.
HR Management PowerPoint Presentation Slides is a highly visual virtual tool specially designed to showcase HRM strategies and practices. Human Resource Management PPT theme encompasses all the seven primary functions that rest on the shoulders of the HR department. Our workforce management PowerPoint slideshow is furnished with striking data visualization tools to assist you in effortlessly showcasing sophisticated processes. Several KPI and dashboard diagrams of personnel management PPT presentation help you to consolidate huge amounts of information systematically. Use this employee management PowerPoint theme to demonstrate strategic human resource planning, including recruitment, selection, motivation, training, development, and evaluation. The comprehensive layout of our staff management PPT slideshow helps you address all the fundamentals of a sound HRM system. Present details like compensation types, types of appraisal methods, workplace safety, and health laws using the HR management PowerPoint template. So, download our human capital management PPT deck and illustrate all the HRM functions with a dash of visual brilliance. https://bit.ly/3jrgTCu
A presentation describing HR Business Partnering in terms of its principles, methods and metrics, using Management Consultancy as a benchmark to identify their approaches to adopt within an internal HR team.
The HR business partner is the most critical, yet frequently ignored role in the move to HR shared services. Much attention is given to new roles created by a shared services model while little attention is given to how the business partner role must change with the new model. This is the third session of a HR Shared Services learning series that ScottMadden presented in conjunction with Shared Services & Outsourcing Network (SSON). In this session, we discussed the important evolution of the business partner role and the skills and competencies needed to effectively support the business.
To learn more, please visit www.scottmadden.com.
The HR business partner is the most critical, yet frequently ignored role in the move to HR shared services. Much attention is given to new roles created by a shared services model while little attention is given to how the business partner role must change with the new model. This is the third session of a HR Shared Services learning series that ScottMadden is presenting in conjunction with Shared Services & Outsourcing Network (SSON). In this session, we discuss the important evolution of the business partner role and the skills and competencies needed to effectively support the business.
Change the perception and reality of talent acquisition from a necessary cost of doing business to an ROI force to be reckoned with.
You will learn about the strategic importance of the four fundamental processes: competency management, pre-employment testing, interviewing and onboarding and how each plays a role in engaging candidates who’ll continue to enhance your business.
HR Business Partner: Roles and ResponsibilitiesCreativeHRM
Dave Ulrich changed Human Resources. He described completely new HR Model. He introduced several roles, which HR has to act. The HR Business Partner is the key role in his concept.
The HR Business Partner is the front office role of HR and the HR Business Partner has to understand the business he or she supports. The HRBP has to understand to all HR processes and has to be able to negotiate the win-win consensus with internal clients.
What are the most common roles and responsibilities of the HR business partner? How should you implement the Dave Ulrich's HR Model in your organization?
HR Strategy - How to develop and deploy your hrm strategy - a manual for HR ...Anne Van de Catsye
Is your organization in need of a long term strategy for managing HR? Does your CEO challenge you to come up with HR plans that are aligned with the business plans? Do you have a strong strategic HR plan in your head but little time and no standard templates to turn this plan into a formal HR Strategy Document?
Having a clearly defined Strategic HR Plan helps you to become a strategic HR Business Partner, and will increase your credibility with Senior Management.
It will also help you to follow up on defined HR actions and report on progress in a highly professional way.
This manual explains in detail the 4 major steps to execute when defining and implementing your own HRM Strategy. You can use this manual as a guide during your projects, or as a development tool for your team.
Content within this Guide:
1. The Theory : Introducing the Concept & ModelWhat is Strategic HRM?
2. The Practice : A roadmap for creating your HRM StrategyHow to develop your HRM Strategy?
3. The Experience : Sharing experiencesHow to be successful?
Completely align the Recruitment Strategy with the business plan, so as to stay head of the curve with the leaders in recruiting Top Talent from the industry.
Annual business plan hr template : play this in slide show modeVipul Saxena
This is the Template which can be used for presenting Annual Business Plan for HR Deptt.
I have been using it and customise it as per needs of the organisation. Covers almost all aspects/challenges of HR Deptts
Effective Onboarding for Better Retention with Jeremy York, SPHR, SHRM-SCPAjilon
Build a smooth onboarding process for better retention. Onboarding done right helps new employees acclimate to company culture, feel appreciated from the get-go, and understand their roles and how they’ll work with other team members. This leads to long-term loyalty and job satisfaction—and more productive employees! This webinar will show you the steps to creating a strong onboarding plan.
Human resource is the most important asset of the organizations. Select our Hr Roadmap PowerPoint Presentation Slides to present HR planning Strategies. Users can easily present HR developments with this content ready presentation on human resource planning. Human resource timeline PowerPoint complete deck includes templates like HR roadmap for successful onboarding, HR strategy roadmap, action Plan, transformation roadmap, etc. These templates are completely editable. Presenter can change the font, text and color as per their needs. Showcase how right talent will help your business succeed over time. Purpose of HR planning is hiring the right people with the right talent at right place on right time. Strategic human management PPT presentation also be used for related topics such as human resource planning, workforce management, workforce planning manpower planning and many more. Download HR management plan Presentation layout to identify current and future human resource needs. Convince folks that they are in capable hands with our Hr Roadmap Powerpoint Presentation Slides. Impress them with your craft.
HR Management PowerPoint Presentation Slides is a highly visual virtual tool specially designed to showcase HRM strategies and practices. Human Resource Management PPT theme encompasses all the seven primary functions that rest on the shoulders of the HR department. Our workforce management PowerPoint slideshow is furnished with striking data visualization tools to assist you in effortlessly showcasing sophisticated processes. Several KPI and dashboard diagrams of personnel management PPT presentation help you to consolidate huge amounts of information systematically. Use this employee management PowerPoint theme to demonstrate strategic human resource planning, including recruitment, selection, motivation, training, development, and evaluation. The comprehensive layout of our staff management PPT slideshow helps you address all the fundamentals of a sound HRM system. Present details like compensation types, types of appraisal methods, workplace safety, and health laws using the HR management PowerPoint template. So, download our human capital management PPT deck and illustrate all the HRM functions with a dash of visual brilliance. https://bit.ly/3jrgTCu
A presentation describing HR Business Partnering in terms of its principles, methods and metrics, using Management Consultancy as a benchmark to identify their approaches to adopt within an internal HR team.
MPA-MBA-Human Resource Management for Public Organization.pdfVarren Pechon
HUMAN RESOURCE MANAGEMENT IN PUBLIC ORGANIZATION-Human resource management can be defined as
– “ employing people, developing their resource, utilizing maintaining and compensating their services in tune with the job and organizational requirements”
Human resource management is the strategic and coherent approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer's strategic objectives
A. HUMAN RESOURCE MANAGEMENT
Objective:
The objective of the course is to familiarize students with different aspects of managing human resources in the organization through the phases of acquisition , development and retention.
UNIT-I
Nature and scope of HRM - Difference between Personnel Management and HRM Functions of HRM - Environment of HRM - Strategic HRM.
UNIT-II
Human Resource Planning - Recruitment - Selection - Methods of Selection - Use of various tests - Interview techniques in selection - Placement.
UNIT-III
Induction – Importance - Meaning of Training and Development - Training Methods - Techniques - Identification of Training needs.
UNIT-IV
Performance Appraisal –Definition – Need for Performance Appraisal – Objectives – Process - Methods – Compensation.
UNIT-V
Transfer - Promotion and termination of services - Career development - Mentoring - HRM Audit - Nature - Benefits - Scope - Approaches
Text Books:
1. Dr. J. Jayasankar - Human Resource Management –Margham Publications
2. Dr. C.D. Balaji – Human Resource Management – Margham Publications
3. Sundar & Srinivasan J –Essentials of Human Resource Management –Vijay Nicole Imrints
4. Murugesan G –Human Resource Management – Laxmi Publications Pvt. Ltd
5. Aswathappa K - Human Resource and Personnel Management
6. Guptha C B- Human Resource Management –Sulthan Chand &Sons.
Books for Reference:
1. Memoria CB - Personnel Management
2. Subba Rao P - Human Resource Management and Industrial Relations
3. Prasad - Getting the right people - MacMillan I Ltd
4. Pattanayak - Human Resources Management - Prentice - Hall of India
5. Decenzo/Robbins - Personnel/Human Resource Management - Prentice - Hall of India
6. Saiyadain Mirza - Human Resource Management –
7. Venkataratanam - Personnel Management & Human Resources –
8. Saxena - Marketing Management - Tata McGraw Hill Pub
9. A. M. Sheikh - Human Resource Development & Management.
10. Dwivedi RS - Human Relations and Organization Behavior
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
2. Definition
• Human resource management can be defined as
– “ employing people, developing their resource,
utilizing maintaining and compensating their services
in tune with the job and organizational requirements”
3. HRM FUNCTIONS
HR
acquisition
1. HR planning
2. Recruitment
3. Selection
4.Placement
HR
development
1. Career planning
2.Training &
development
3.Organizational
Development
Performance
&
compensatio
n
1. Performance Mg
2.Incentives&
benefits
Motivation &
maintenance
1.Empowerment
2.Health & Safety
3. HR mobility
4.Creating
motivating
environment
Industrial
relations
1.Discipline&
grievance mg
2.Industrial
dispute Mg
HR Information system
HR research
HR accounting
HR audit
4. Nature of HRM
1. Inherent part of management- selecting people, training, motivating, appraising
their performance for improving their quality.
2. Pervasive function-present in all levels of mg in an organization
3. Action oriented-solve problem through rational(balanced) policies rather than
record keeping
4. People oriented-HRM is all about people at work. Assign jobs, produce results,
reward, motivate them towards improvements in productivity
5. Future oriented- Effective HRM helps organization meet its goals
6. Development oriented-HRM develops full potential of employees through reward,
training, job rotation.
7. Integrating mechanism: HRM maintains cordial relationship between people
working at various levels in organization.
8. Comprehensive function: Workforce signifies people working at all levels, HRM
differs with form & shape but the basic objective of effective utilization of human
resource remains the same.
9. Continuous function: HRM is not a one shot deal it requires constant awareness
and alertness of human relations in every day operation.
10. Based on human relation: Every person has different need, perception and
expectations. The manger should give due attention to these factors.
5. Scope(capacity) of HRM
1. Human resource planning-fill various position
2. Recruitment & Selection- develop a pool(team) of candidates
3. Job Design: define task, assign authority & responsibility
4. Training & Development- helps in developing key competencies
5. Appraisal of performance-systematic assessment & evaluation
of workforce
6. Motivation of workforce- develop enthusiastic workforce
7. Remuneration of employees-focuses on fair, consistent &
equitable compensation
8. Social security & Welfare of employees-working conditions,
transport, medical assistance etc
9. Review & audit of personnel policies- ensures reliable HR
policies
10. Industrial labour relation- ensures healthy union mg
relationship e.g.: settlement of dispute
6. HRM concepts
People Management
The policies, practice and system that influence work force
Human Capital Management
Human Capital is a measure of the
skills, education, capacity and
attributes of labour which influence
their productive capacity: Education
is an investment in human capital
that pays off in terms of higher
productivity.
Personnel Management
Considered to be a sub-category of human resources that only
focuses on compliance, administrative and record keeping
duties, wherein workers are viewed as tool. It is a traditional
approach of managing employees which focuses on adherence
to policies and rules of organization.
7. Difference between personnel mg & HRM
PERSONNEL MANAGEMENT HUMAN RESOURCE MG
• Managing the people employed •
• Employees are treated as
economic man as his service are
exchanged with salary
• Employee are viewed as tool,
equipment
• Employee are treated as cost
center. Therefore mg controls
cost of labour
• Employees used as organization
benefit
• Personnel function is only
auxiliary (secondary)
• Short term perspective
Managing the employees skills,
Knowledge, abilities
• Employees are treated as
economic, social & psychological
man
• Employee are treated as a
resource
• Employees as treated as profit
center. Therefore, invest in
human resource.
• Employees used for multi-mutual
benefit for org, employees &
family
• HRM is a strategic(planned)
mgt function
• Long term perspective
8. Objectives of HRM
1. To help the organization reach its goal
2. To employ the skills and abilities of the workforce efficiently
3. To provide the organization with well trained & well motivated
employees
4. To increase employees job satisfaction and self actualization
(stimulate employees to realize their potential)
5. To develop & maintain a quality of work life.
6. To communicate HR policies to all employees.
7. To be ethically & socially responsive to the needs of the
society(ensuring compliance with legal & ethical standards)
8. To provide an opportunity for expression & voice in management
9. To provide fair, acceptable & efficient leadership
10. To establish sound organizational structure & desirable working
relationships.
9. Importance of HRM
GOOD HR
PRACTICES HELPS
1. Attract & retain talent
2. Train people for challenging roles
3. Develop skills & competencies
4. Promote team spirit
5. Develop loyalty & commitment
6. Increase productivity & profits
7. Improve job satisfaction
8. Enhance standard of living
9. Generate employment
opportunity
10.Greater trust & respect
10. Qualities of HR Manager
Henry fayol categorized as
a) Physical- health, vigor (energy, strength), address
b) Mental- ability to understand, learn, judge & adaptable
c) Moral – firmness, responsible, initiative, loyal, dignity (self
respect)
d) Educational- subject knowledge about function performed
e) Technical- peculiar knowledge on function
f)Experience – arising from work proper.
OTHERS:
Alert mentally, competent to take quick decision,
honesty & integrity, patience, good leader,
socially responsible, good communicator,
courteous (well mannered)
11. Environmental factors that affects the
HRM
Economic
environment
(a) Population &
workforce
(b)Workforce market
condition
( c) National income-
Salary structure
(d) Inflationary
pressure
Legal
environment
(a ) No discrimination
on sex
(b ) At least
prescribed % of total
employees must
belong to SC &
physically
handicapped
( c ) Safety, working
condition
(d) Industrial relation
Technological
environment
(a)Electronic
communication
(b)Open door policy
(can communicate
with any1 in
organization)
(c ) Global
monitoring
(d) Virtual office ( no
central place )
Socio- cultural
environment
(a)Expectation of
society
(b)Social status of
job
(c ) Achievement of
work
(d ) Authority
structure
(e)Workforce
mobility
(f)Role of labour
union
12. Emerging issues in HRM
Future of HRM: influencing factors
1. Increase in size of workforce-additional demands for better pay, benefits
& working conditions.
2. Composition of workforce- The raising percentage of women in workforce,
demand for equal pay, gender inequality
3. Employees expectations-as workers are better educated, more demanding,
voice strong- financial & non financial demands is ever growing & expanding.
4. Changes in technology- increase in automation, modernization &
computerization. Employees must update their knowledge & skills constantly.
This will necessitate constant training at all levels.
5. Life style changes- people are ready to change jobs, shift locations, start
up companies & even experiment with untested ideas.
6. Environmental challenges- Privatization efforts in India will gather
momentum . Burden of training & retraining falls on the shoulder of HR manager.
Reserved categories, minorities will lose importance during selection of
employees.
7. Personnel Function- Job redesign, career opportunity, Productivity,
reward, safety and welfare, Talent hunting, developing & retaining, Lean & mean
mg (good bye to old employees), labour relation, Health care benefits
13. Role & Responsibility of HR professionals in
changing Environment
• Focus on strategic HR issues: Issues have to be identified &
dealt with adequately. It will act as an in-build advantage
• Proactive action: not on reactive basis. Putting action in practice
before an issue arises.
• Developing integrated HR system:
Well balanced system without lack of coherence (unity) in function
• Working as Change agent: must perceive need for
change and initiate it. HR professionals must play an active role.
• Marketing HR potential: must have ability to prove
their contribution to enterprise
• Outsourcing HR functions: business instructs an
external supplier to take responsibility (and risk)
for HR functions.
14. HUMAN RESOURCE PLANNING
• According to Geisler-
“ Man power planning is the process which
includes forecasting, developing implementing,
and controlling by which a firm ensures that it
has the right number of people and the right
kind of people at the right place, at the right
time doing work for which they are
economically most useful”
15. Objectives of Human resource planning
1) Forecast personnel requirement
2) To ensure optimum utilization of resource
3) Use of existing manpower productively
4) Cope with changes(training about technological changes)
5) To provide control measures(ensure resource availability
when required)
6) Promote employees in systematic
manner(promotions, pay scale)
7) To provide a basis for Management
Development Programmes.
8) To assist productivity bargaining(good deal)
9) To assess the cost of man power
16. Importance of
HR Planning
A. Reservoir of talent- retain
skilled people
B. Prepare people for future-
motivated& developed to meet
future needs
C. Expand or contract-continuous
supply of people to handle
challenging jobs
D. Cut cost-Hr budget
E. Succession planning- stars are
picked for challenging projects
EFFECTIVE HUMAN RESOURCE PLANNING:
set efficient objective, top mg support, Employee skill inventory, HR
Information system, Coordination
17. HUMAN RESOURCE PLANNING
Organizational objectives
Human resource
planning
Identification of
human resource gap
Action plans for
bridging gap
Forecasting human
needs
Forecasting supply of
human resource
Surplus human
resource
Shortage of human
resource
18. HRP
Process
(A) Deciding the
objective of
HRP
(B) Estimating
future
organizational
structure &
manpower
requirement
( c) Manpower
Audit
(d) Job Analysis
(e) Developing
human
resource plan
19. A. Objective of HRP- fitting employee abilities to enterprise
requirements
B. Estimating future organizational structure & manpower
requirement- The mg must estimate the number & types of
employees (age, experience, qualification, salary range)required
in future by analyzing growth, expansion, structural changes .
C. Manpower Audit- Skill inventory
E.Developing human resource plan-Implementation of findings
PERSONAL
FACTORS
Name
Age
Marital status
EDUCATION &
TRAINING
School
Degree
Academic excellence
Training achieved
EXPERIENCE &
SKILLS
Job areas
Job titles
Special skills
Lang known
Reason for leaving
ADD INF
Salary grade
Disciplinary
record
Career plans
Appraisal data
Test results
job description-job summary, Duties performed, Machine ,
tools ,materials , working conditions
Job specification- what kind of person to recruit & for what
qualities that person should be tested. Physical character,
Psychological character, personal character, responsibility,
demographic nature
D. Job Analysis:
Training, Job
evaluation,
Performance App,
Career Dev, Induction,
Counseling, labor relat
20. Recruitment
• Acc to Edwin B.Flippo defined recruitment as
“ the process of searching for prospective
employees and stimulating them to apply for jobs
in the organization”
21. Factors affecting Recruitment
INTERNAL FACTORS
• Company’s pay
package
• QWL
• Organizational Culture
• Career planning
• Company’s size
• Company’s products
• Company’s Growth rate
• Cost of recruitment
EXTERNAL FACTORS
• Socio-economic
factors
• Supply & demand
factors
• Employment rate
• Labour market
condition
• Reservation for SC/ST
• Information system
22. Sources of
Recruitment
Internal
source
Transfer- job
rotation shifting
from one job to
another
Promotion-
shifting an
employee to
higher position
Employee
referrals-
recommendation
from current
employees
External source
Direct recruitment-
(factory gate)
Unsolicited
application
Media Advertisement
Employment
Exchange
Mg consultants(data
bank)
Campus recruitment
Recommendations
Labour contractors
Modern technique
Walk- in
Consult-in-(encourage to
approach personally )
Head Hunting-(professional
org search senior executives
and advise co. to fill the
position)
Body shopping- training
institution develop pool of
HR.
Business Alliances-
acquisition, mergers, share
HR
Tele-recruitment
23. Advantages of Internal source
• Employees are motivated, Employee morale(self confident) is
increased, Cheaper process, Chain of promotion improves
performance, Tool for training,
Disadvantages of Internal source
• Scope for fresh talent reduced, Employees become lethargic(lazy),
Spirit of competition is hampered, Frequent transfers reduce
productivity.
Advantages of External source
• Attract Qualified personnel, Wider choice, Fresh talent, Competitive
spirit
Disadvantages of External source
• Dissatisfaction among existing staff, Lengthy time
consuming process, Costly process, Uncertain
response
24. SELECTION-choose
• “Selection is the process of picking individuals
who have relevant qualifications to fill jobs in
an organization”.
• The basic purpose is to choose the individual
who can most successfully perform the job,
from the pool (collection) of qualified
candidates.
25. SELECTION STEPS- series of hurdles
STEP 1
• Reception-(a co. create favorable impression from stage of
reception)
STEP 2
• Screening Interview-(Preliminary interview cuts the cost, allow
only eligible candidates to go through further stages)
STEP 3 • Application Blank- (brief history sheet of employees background)
STEP 4
• Selection Tests-1.Intelligent test 2. Aptitude, 3.Personality
4.Achievement Tests 5. Simulation test 6.Assessment centre 7.
Graphology test 8. Polygraph (lie detector) 9.Integrity test
STEP 5
STEP 6
• Selection Interview- oral examination
• Medical Examination- reveals Physical fitness
STEP 7
• Reference checks-personnel department check applicants
previous job performance through references given.
STEP 8 • Hiring Decision- final decision whether to select or reject a candidate.
26. 1.Intelligent test [mental ability]- numerical ability
2.Aptitude tests[potential to learn skills]- mathematical
3.Personality tests-
(a)Projective tests[interpret problem],
(b)Interest tests[idea to know peoples area of interest],
( c)Preference test[people differ in preference for achievement]
4.Achievement Tests[ proficiency know-how test]-short hand
5. Simulation test[assess potential of employees by making them solve problem]
6.Assessment centre[in a separate room employees are assessed through multiple
assessors]
(a)The in-basket [candidates are asked to act in limited periods with the files & notes
given]
(b)Leaderless group discussion[to examine interaction as a group]
(c )Business game[how to advertise, market, penetrate market]
(d)Individual presentation[ plan, organize on assigned topic]
(e)Structured Interview[series of questions aimed at participant]
7. Graphology test[to examine lines, trend , curves understanding ability, flourishes
persons handwriting and emotional make-up ]
8. Polygraph (lie detector)- [rubber tube around chest , arms , fingers to examine physical
changes, blood pressure etc. This establishes truth about applicants behavior]
9.Integrity test – measure employees honesty. By asking more “yes” or “No” questions
SELECTION TEST
27. KINDS OF INTERVIEW
1. Preliminary interview- screening of applicants this afford him
freedom to decide whether the job will suit him.
2. The non directive interview- recruiter asks questions that comes
to mind. This allows applicant to talk freely.
3. The directive or structured interview- recruiters use
predetermined set of questions & comparison are made among applicants.
4. The situational interview- Applicant is given a hypothetical
(imaginary) incident and asked to respond to it
5. The behavioral interview-focuses on actual
work incidents. The applicant must reveal what he/she do in given situation.
6. Stress interview- Interviewer attempts to find out how applicant
respond to aggressive, embarrassing, rude & insulting questions.
7. Panel interview- the applicant meets 3-5 interviewers who takes
turns in asking questions. The panel members can ask new & incisive
(penetrating) question based on their expertise & experience and elicit
(draw out) deeper & meaningful responses from candidates.
28. ERRORS IN INTERVIEWING
• The Halo effect- The interview should assess the
whole of candidate’s personality and should not be led
away by any one trait or achievement.
• Leniency (mercy)- When a candidate is rated by 2
raters, their rating may be different. One with high score &
other with low score which results in error.
• Projection- interviewer expects his own qualities , skills,
opinions, values as he resembles his age , voice &
background.
• Stereotyping- This error arises when interviewer have
already forms mental association between particular
community, culture, origin. This is an undesirable quality of
an interviewer.
29. PLACEMENT
• Placement is an important human resource
activity
• Placement is the actual posting of an employee
to a specific job
• It involves assigning a specific task and
responsibility to an employee.
• Placement decision are taken after matching
requirement of job with qualification of
candidates.
• Organization put new recruits on probation
period & closely monitored.