TASK1 1 HUMAN RESOURCE MANAGEMENT 1.1:Meaning of Human Resource of Mnagement The ‘human resource’ of an organization is composed of all the efforts‚ skills or capabilities of all the people who work for that organisation. Some organizations may give the name for this ‘human resource’as ‘staff’ or ‘workforce’or ‘personnel’ or ‘employees’. But the basic meanings are same all those who work for an organization are worker.However the organization may call who do manual work as ‘worker’ and describe
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speculation on the future of the functions in managing people. The concept Human Resource Management (HRM) began to influence the practice of integrating functions with each other and organisation objectives. Coppleston (1991) explained "the HR function within any enterprise must first of all serve the organisation… an investment area rather than a cost to the organisation." Reinforced by other writers‚ human resources should be viewed as ’human capital ’‚ and that HR managers should strive to use
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An Interpretation of Human Resources Management In recent times‚ there has much debate about what is human resources management (HRM). Obviously‚ HRM is quite different from personnel management which refers to “a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce suing an array of cultural‚ structural and personnel techniques.” (Storey‚ 2007‚ p.7). Also‚ “HRM is a body of knowledge
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Human Resource Management Overview Dannie L Roettger HRM 300 November 3‚ 2015 Sara Yarian Human Resource Management Overview Human resources focus on the activities that relate to the work force of a company or organization. Some of these related activities encompass the recruiting and hiring of new staff‚ orientation and the training of existing staff as well as employee benefits and retention. In this assignment we have been ask to answer
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Human Resource Management Roles Ebony Mills- Bynum HCS/341 10/13/2014 Alejandra Sipion Human Resource Management Roles Human Resource Management is a major component of any manager’s job. Human Resources is used as a component to ensure that a company or organization effectively uses their employees to accomplish their mission (Vermeeren‚ Steijn‚ & Tummers‚ 2014). The Human Resource department helps managers implement strategies within the company. Human Resource managers generally focus on staffing
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Human Resources Assignment: Discuss how Human Resource Planning contributes to effective Human Resource Management Date: 21st December 2011 Student: Laura Doyle Lecturer: Michelle Flannery Introduction In the following text‚ the process of Human Resource Planning will be defined and described in detail. We will see the importance of Human Resource Planning and the essential role it plays in ensuring successful Human Resource Management. Human Resource Management
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Importance of Human Resource Accounting: Human Resource Accounting provides useful information to the management‚ financial analysts and employees as stated below: a) Human Resource Accounting helps the management in the Employment‚ locating and utilization of human resources. b) It helps in deciding the transfers‚ promotion‚ training and retrenchment of human resources. c) It provides a basis for planning of physical assets via-à-vis human resources. d) It assists in evaluating
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stockbrokers‚ investors‚ human resource managers‚ lawyers‚ to mention a few all uses accounting terms and concepts to describe their resources and the activity of every business they engage in whether large or small. While‚ according to the dictionary of management by Daniel Hartzell ‘Human Resource Accounting’ is defined as a concept that views the employees of an organization as capital assets like plant and equipment. It is important to say here that human resources accounting involves measuring
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Every business unit needs human resource (manpower) for the conduct of different business activities. In fact‚ no organisation can exist or operate efficiently without the support of human resource. Such human resource includes top level managers‚ executives‚ supervisors and other subordinate / lower level staff / employees. A business organisation has to estimate its future manpower needs and adjust its manpower planning and development programmes accordingly. This is called ’staffing’ function
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Deanna Saylor Human Resources Management for Public and Nonprofit Organizations Y505 Exam One 5/25/2010 1. In your own words‚ what is a psychological contract? Why is this concept important to studying human resources? Explain. Give an example of a psychological contract you had with an employer and what‚ if anything‚ happened when it was broken. A psychological contract is what the employee expects to receive from the employer and vice versa. For example‚ in my job‚ I expect that my employer
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