Lesson+2+-+HRM+Management.pdf

Lesson 2 Human Resource Planning Process  HR planning is a process that identifies current & future human resources needs for an organization to achieve its goals. It is a process through which a right candidate for right job is ensured. Process of Human Resource Planning:...

Lesson 2 Human Resource Planning Process  HR planning is a process that identifies current & future human resources needs for an organization to achieve its goals. It is a process through which a right candidate for right job is ensured. Process of Human Resource Planning: 6 Steps Analysing Organizational Objectives Inventory of Present Human Resources Forecasting Demand and Supply of Human Resource Estimating Manpower Gaps Formulating the Human Resource Action Plan Monitoring, Control and Feedback  Process of HR Planning: 1. Analysing Organizational Objectives: The objective to be achieved gives the idea about the work to be done in the organization. 2. Inventory of Present Human Resources: From the updated human resource information storage system, the current number of employees, their capacity, perfo mance and potential can be analysed. r­ 3. Forecasting Demand and Supply of Human Resource: The human resources required at different positions according to their job profile are to be estimated. The available internal and external sources to fulfill those requirements are also measured. 4. Estimating Manpower Gaps: Comparison of human resource demand and human resource supply will provide with the surplus or deficit of human resource. 5. Formulating the Human Resource Action Plan: The human resource plan depends on whether there is deficit or surplus in the organization. Accordingly, the plan may be finalized either for new recruitment, training, interdepartmental transfer in case of deficit of termination, or voluntary retirement schemes and redeployment in case of surplus. 6. Monitoring, Control and Feedback: It mainly involves implementation of the human resource action plan. Human resources are allocated according to the requirements, and inventories are updated over a period. The plan is monitored strictly to identify the deficiencies and remove it. RECRUITMENT V S SELECTION  Basis for Comparison Recruitment Selection Recruitment is an activity Selection refers to the Meaning of searching candidates process of selecting the and encouraging them best candidates and apply for it. offering them job. Approach Positive Negative Inviting more and more Picking up the most Objective candidates to apply for the suitable candidate and vacant post. rejecting the rest. Advertising the job. Appointment of the Key Factor candidate.  Basis for Recruitment Selection Comparison First Second Sequence Vacancies are notified by the The firm makes applicant pass firm through various sources through various levels like Process and application form is made s u b m i t t i n g f o r m ,w r i t t e n available to the candidate. test,Interview,Medical test and so on. Contractual As recruitment only implies Selection involves the Relation t h e c o m m u n i c a t i o n o f creation of contractual vacancies, no contractual relation between the relation is established. employer and employee. Method Economical Expensive  OBJECTIVES OF HUMAN RESOURCE MANAGEMENT The main purpose of Human Resource Management is to accomplish organizational goals. OBJECTIVES OF HUMAN RESOURCE MANAGEMENT Effective Utilization of Resources Ensures effective utilization of Resources. HRM teaches how to utilize human and non- human resources so that goal can be achieved.  Organizational Structure Defines the working relationship between employees and management. It defines and assigns the task for each employee working in the organization. The task is to be performed within the given constraints. It also defines positions, rights and duties, accountability and responsibility and other working relationships. Goal Harmony HRM bridges the gap between individual goal and organizational goal-thereby resulting into a good harmony. If goal difference occurs, the employees will not be willing to perform well. Hence a proper match between individual goal and organizational goal should be there in order to utilize organizational resources effectively and efficiently. Development of Human Resources HRM provides favorable environment for employees so that people working in organization can work creatively. This ultimately helps them to develop their creative knowledge, ability and skill. To develop personality of employees, human resource management organizes training and development campaigns which provides an opportunity for employees to enhance their caliber to work. Employee Satisfaction HRM provides a series of facilities and opportunities to employees for their career development. This leads to job satisfaction and commitment. Employee Discipline and Moral HRM tries to promote employee discipline and moral through performance based incentives. It creates a healthy and friendly working environment through appropriate work design and assignment of jobs. QUESTIONS? COMMENTS? REACTIONS?