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Strategic Human Resource Management

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Strategic Human Resource Management
Contents
1. Introduction: 2
2. Strategic Human Resource Management Practices in Samsung: 2
2 a. Samsung overall introduce 3
2.b HRM challenge in Samsung 3
2 .c Samsung strategies 4
3. RECRUITMENT AND SELECTION 5
4. Career management and development 6
4.a HTP concept 7
5. Rewarding 8
6. DIVERSITY AND EQUAL OPPORTUNITY 9
7. Employee welfare 10
Employee wage and welfare 10
Support for housing 10
Children’s education 10
Medical support 11
Support for retirement 11
8. Contribution to the national economy and global communities 11
9. Recommendations 12
10. Conclusion 12
Referencing 13

1. Introduction:

In the recent time human resource management has assumed new importance because of continuing concerns about global contest, the internationalization of technology and the productivity of labor. It is argued manager have to change the way in which they manage the employment relationship in order to get most out of human resources (HR). Human Resource management plays an vital role in the management of people within organisations. HR is backbone of any business, because it interacts with the most important resource in the business people. For any business to achieve its objectives they must plan their resources and one of their key resources is people. They need to get the right people and develop them well in order to meet the organisation’s aims successfully. Human resource management always emphasises on the control of the employees of the organisation, it would include things such as
• Recruitment & Selection
• Planning
• training and development
• motivation etc.
In this paper, author will discusses Strategic Human Resource Management (SHRM) and its theory’s and practice in the one of the world’s biggest company Samsung group.
2. Strategic Human Resource Management Practices in Samsung:
Human resource management is defined as a strategic and coherent approach to the management and development oraganization’s human resources in which every aspect of that

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