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ASSIGNMENT
HUMAN RESOURCE MANAGEMENT
Table of Contents

ACKNOWLEDGEMENT..…………………………………………………………………….2 ABSTRACT……………………………………………………………………………………..3 QUESTION 1: How does Telerik attract high quality talent in a competitive market?................4 QUESTION 2:What does Telerik’s overall strategy for the development of talent?....................8 QUESTION 3: How does the Telerik reward system reflect the culture of Telerik?...................11 QUESTION 4: What human resource challenges will Telerik face in the future?.......................14 EXHIBIT ……………………………………………………………………………………….17 REFERENCES…………………………………………………………………………………..21

ACKNOWLEDGEMENT

I would like to thank to Dr Hung Pham for the completion of this study. His thought and great guidance helping me a lot in analyzing and learning from the theory to practical of human resource management. My friendly classmates play an important role in giving me the difference aspects of this project Wish you health and successful in your life and your education career.

ABSTRACT
This assignment is included four parts by answering four questions about the human resources problems related to Telerik, which the company in IT industry. Some ideas for attracting talent such as positive reputation, working environment, Human resource, company culture, etc will be provide in the first part of this assignment. The second part of this assignment focuses on the ways this business to develop and keep talent such as work at Telerik, training program, improve team working and manage policies in human resource management. It is very helpful for this company to target the long-term as well as the short term. The third part of this assignment, the reward system in Telerik reflects the behavior of employees in the work environment as well as the culture at Telerik. In the four part of this assignment, likely other companies, Telerik also has to facing with many challenges about the human resources in the future such as human resour management, globalization, communication and something else.

I hope this assignment might become a useful reference for work, subject related to the problems of an organization.

QUESTION 1: How does Telerik attract high quality talent in a competitive market? In the competitive market nowadays, talent is a important factor as a key to reach the success in business operation to business survive and develop in the market, they have must a group loyal talent. So, attracting new talent is a enhancing the competitive advantage in the market and Telerik is not an exception.This company attract talent through many factors as following: * Software in Bulgaria where Telerik has head quarter:

+ The software-engineering industry was a rapidly growing segment of the information technology (IT) industry and Bulgaria had become an active player in the worldwide competition. + When Bulgaria entry into the European Union in 2007 and the necessary regulatory and structural changes required for membership, Bulgaria had upgraded its educational programs in many fields and supported the development of private companies in the software field. The country had developed an infrastructure that included support for entrepreneurial endeavours and general business development and growth with direct government funding and the facilitation of foreign investment. + Telerik has the company’s head quarters in Sofia, Bulgaria where the software-engineering industry was a rapidly growth. * Talent wants to work for the top reputation companies :

Reputation is the first considered factor that a company can attract talent. Talents always decide to apply in the reputation companies. According to Harrison (2010), reputation is the most powerful factor and the greatest asset of a business in the recruitment process + In the competitive market the talent have a lot of the chances to choose the work in the top companies, on there they will have the opportunity to work and...
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