JULY 9, 2011

HUMAN RESOURCE MANAGEMENT

Salman Akhtar Sarika Salman Aslam Shahzaid

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Group Members

Human Resource Management

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Understanding HRM

What is Human Resource Management?

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Right people, In the right place & At the right time.

Human Resource Management

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The Importance of Human Resource Management (HRM)

As a necessary part of the organizing function of management

v

Selecting, training, and evaluating the work force

As an important strategic tool

v

HRM helps establish an organizations sustainable competitive advantage.

Adds value to the firm

v

High performance work practices lead to both high individual and high organizational 44 Human Resource Management performance.

The HRM Process

Functions of the HRM Process

v

Ensuring that competent employees are identified and selected. Providing employees with up-to-date knowledge and skills to do their jobs. Ensuring that the organization retains competent and high-performing employees.

Human Resource Management

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The HRM Process

Human Resource Management

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Factors Directly Affecting HRM

Employee Labor Unions

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Represents workers To protect their interests By collective bargaining.

Human Resource Management

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Factors Directly Affecting HRM

Governmental Laws & Regulations

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Limit managerial discretion in hiring, promoting, and discharging employees.

Organizations seek to enhance protected group members status.

Human Resource Management

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Factors Directly Affecting HRM

Demographic trends
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The aging of the workforce Working trends in generation, etc.

Human Resource Management

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Human Resource Planning

Right number and kinds of people in the right places, and at the right times. Helps avoid sudden talent shortages and surpluses. Steps in HR planning: Current Assessment Meeting Future HR Needs

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Human Resource Planning

Current Assessment Human Resource Inventory

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Job analysis Job description Job specialization

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Human Resource Planning

Meeting Future HR Needs

Supply of Employees Demand for Employees

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Human Resource Planning

Recruitment and decruitment

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Recruitment Decruitment E-recruitment

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Human Resource Planning

Advantages and Disadvantages of Sources

Human Resource Management

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Human Resource Planning

Selection Process
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The process of screening job applicants to ensure that the most appropriate candidates are hired.

What is Selection?
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An exercise in predicting which applicants, if hired, will be (or will not be) successful in performing well on the criteria the organization uses to evaluate performance. Selection errors:
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v v

Reject errors for potentially successful Human Resource applicants Management

Human Resource Planning

Selection Decision Outcomes

Human Resource Management

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