INTRODUCTION What is Human Resource Management (HRM)? HRM is the effective management of people at work to achieve the goal “make workers more satisfied and productive”. HRM plays a very important role in managing‚ controlling‚ developing‚ and maintaining workforce who significantly contributes to the existence and profitability of the organization. They are in continuous contact with the top-level management of the establishment and are responsible for assisting the management for running the
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Manpower planning and elaborate its objectives. Ans- Manpower Planning which is also called as Human Resource Planning consists of putting right number of people‚ right kind of people at the right place‚ right time‚ doing the right things for which they are suited for the achievement of goals of the organization. Human Resource Planning has got an important place in the arena of industrialization. Human Resource Planning has to be a systems approach and is carried out in a set procedure. The procedure
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Human Resource Development- The Heart of any Organization People are the real assets of an organization. If treated well they can take the organizations to commanding heights. Organizations are generally driven by a set of predetermined goals. They employ physical‚ financial and human resources in order to achieve the goals. These goals have no meaning unless people understand the underlying philosophy translate them into concrete action plans and put their heart while realizing the targets. Organizations
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The field of Human Resources is full of difficulties and challenges. The business world has large expectations that are continually changing. How can a Human Resources Manager complete the necessary tasks to run a competent department while become the strategic partner and advisor that it needs to be? There are many paradoxes within Human Resources; probably more so than with any other profession. As a Human Resources professional‚ I have come across paradoxes in my career. I have not yet been
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Journal of International Business and Cultural Studies Human resource accounting and international developments: implications for measurement of human capital Maria L. Bullen Clayton State University Kel-Ann Eyler Wesleyan College Abstract Human Resource Accounting (HRA) involves accounting for expenditures related to human resources as assets as opposed to traditional accounting which treats these costs as expenses that reduce profit. Interest and contributions to growth in HRA have been evident
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Human Resource Management Melissa Neff BUS 303: Human Resources Management Professor Barbara Davis May 23‚ 2011 Proper management of human resources is vital to being a successful business. Human resources are one of the critical departments within any organization. The purpose of this essay is to emphasize the basic principles of Human Resources Management. EEO and Affirmative Action‚ Human Resources Planning‚ Recruitment‚ and Selection‚ HRD‚ Compensation
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INTRODUCTION In relation to all other resources of an organization human resource has specific features that keep human resource at the peak point. * Vitality of human resource * Ability to react * Ability to control all other resources * Ability to be trained * Ability to work in teams Therefore management of human resources is a strategic task. Personnel Management Archaic fashion of management concerning the workforce which included staffing‚ payroll‚ contractual obligations
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Objectives of HRP: • To recruit and retain the human resource of required quantity and quality. • To foresee the impact of technology on work‚ existing employees and future human resource requirements‚ meeting the needs of the programs of expansion‚ diversification and to estimate the cost of human resources. • To improve the standards‚ skills‚ knowledge‚ ability‚ discipline etc. • To assess the surplus or shortage of human resources and take measures accordingly thereby minimising the imbalance
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HUMAN RESOURCE MANAGEMENT Human Resource Management (HRM) is a relatively new approach to managing people in any organization. People are considered the key resource in this approach. It is concerned with the people dimension in management of an organization. Since an organization is a body of people‚ their acquisition‚ development of skills‚ motivation for higher levels of attainments‚ as well as ensuring maintenance of their level of commitment are all significant activities. These activities
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Title: Auditing Human Resources as a Method to Evaluate the Efficiency of Human Resources Functions and to Control Quality Check on Human Resource Activities International Business Research Journal‚ Vol. 5‚ No. 3 PP.122-129 © Canadian Center of Science and Education Introduction Objectives of the article include: • To evaluate the efficiency of human resources at all levels in the organization through Human Resource Audit • To measure the effectiveness of human resources and to provide
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