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JULY 9, 2011

HUMAN RESOURCE MANAGEMENT

Group Members
Salman Akhtar Sarika Salman Aslam Shahzaid

Human Resource Management

Understanding HRM
 What is Human Resource Management? Right people, In the right place & At the right time.

Human Resource Management

The Importance of Human Resource Management (HRM)


 As a necessary part of the organizing function of management
Selecting, training, and evaluating the work force

 As an important strategic tool


HRM helps establish an organization s sustainable competitive advantage.

 Adds value to the firm


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

The HRM Process


 Functions of the HRM Process
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

The HRM Process


Which function?

Which function?

Which function?

Human Resource Management

Factors Directly Affecting HRM


 Employee Labor Unions
Represents workers To protect their interests By collective bargaining.

Human Resource Management

Factors Directly Affecting HRM


 Governmental Laws & Regulations
Limit managerial discretion in hiring, promoting, and discharging employees. Organizations seek to enhance protected group member s status.

Human Resource Management

Factors Directly Affecting HRM


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

Human Resource Management

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 Management

Human Resource Planning


 CURRENT ASSESSMENT
 Human Resource Inventory  Job analysis  Job description  Job specialization

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Human Resource Management

Human Resource Planning


 Meeting Future HR Needs
Supply of Employees Demand for Employees

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Human Resource Management

Human Resource Planning


 RECRUITMENT AND DECRUITMENT
 Recruitment  Decruitment  E-recruitment

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Human Resource Management

Human Resource Planning


Advantages and Disadvantages of Sources

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Human Resource Management

Human Resource Planning


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

 What is Selection?
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:
Reject errors for potentially successful applicants Accept errors for ultimately poor performers
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Human Resource Management

Human Resource Planning


Selection Decision Outcomes

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Human Resource Management

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