Many companies refer to HRM as involving “people practices.” HR professionals should emphasize that there are several important HRM practices that should support the organization’s business strategy: analyzing work and designing jobs, determining how many employees with specific knowledge and skills are needed (human resource planning), attracting potential employees (recruiting), choosing employees (selection), teaching employees how to perform their jobs and preparing them for the future (training and development), evaluating their performance (performance management), rewarding employees (compensation), and creating a positive work environment (employee relations). An organization performs best when all of these practices are managed well. At companies with effective HRM, employees and customers tend to be more satisfied, and the companies tend to be more innovative, have greater productivity, and develop a more favorable reputation in the community. * Two methods an HR professional could use to determine incentive pay are as follows: 1.) One way to determine an incentive pay is Salary and benefits packages usually paid for comparable positions with similar duties and responsibilities in the private, non-profit and government (non-Federal) sectors; the desirability of the duties, work or
This would be required for any job as you need to be able to understand other colleagues and customers/public. At McCarthy and Stone IT skills are needed as an employability skill and is important that they identify this at the beginning of the recruitment process so there are no confusions of what is expected form employees. The main purpose of a job description is to collect data to advertise for a certain job. To do so the business needs to include personal and employability skills needed for the job. This gives candidates a clear view of what is required from them.
The main purpose of a performance appraisal system is to motivate employees to produce more and good quality work. Performance appraisal can be a necessary element for career development. Defining employees performance targets can also benefit an organization. They will ensure all employees understand what the organization expect of them. By
Understand how to establish an effective team. AC. 1.1 The benefits of effective working relationship in developing and maintaining the team Establishing and maintaining good work relationships critical to business success. It is important that good relationships exist between the team members and between the team and the manager. Good working relationship can benefits of more effective team work and improved morale by • Good communication between team and manager-this ensure that information is passed in to all members.
By applying the KSAO (knowledge, skill, ability, and other characteristics) needed to perform the job effectively and more efficiently. By developing talent within, allows Tanglewood to hold on to one part of their mission statement that states “we are committed as a company to providing maximum value to our customers, shareholders, and employees.” Also by sticking to develop talent this method also allows Tanglewood to continue to steadfast to another part of their mission statement that states, “We will accomplish this goal by adhering to the core values of responsible financial management, clear and honest communication, and always keeping performance and customer service.” According to an article in Business Weekly, “Tanglewood really needs to slow down and take a hard look at our corporate culture. Right now we need to consolidate and make sure we’re as close to the company’s original mission as we can be. Our success
* In addition, supposedly if staff are having difficulties during communicational activities and processes, it is possible for them to attend and be a part of training programs after work hours, and if any sufficient improvement is made, employees it will be very profitable when working with colleagues and customers which will ensure everything is very understandable and no confusion is cause. Within the business, even though some staff is probably naturally gifted with the acquisition of skills and talents, it would still be quite productive and advantageous for anyone to participate in training programs which can still improve personal and individual standards of work. * * Every now and then it is quite essential and very beneficial to ensure employees work in a team as it is considered a few crucial skill anywhere. It could be advisable for employees to often participate and deliver contributions with the similar colleagues when constructing a plan, as this will also present a sense of more consistency and a stronger connection within workers as it will allow them to converse with each
Holland Enterprises: Compensation & Benefit System BUS434 Compensation and Benefits Management March 26, 2012 Holland Enterprises: Compensation & Benefit System In order for Holland Enterprises to attract and retain the most talented employees for long-term organizational success, it is essential that a compensation and benefits system is designed “…that rewards employees fairly while stimulating them to provide goods and services that satisfy customer demands and permitting the organization to operate profitably…” (Henderson, 2006). Through the use of a fair and stimulating compensation system, Holland Enterprises can motivate their employees to complete their assigned tasks at the standards expected and in return the employee is compensated with a wage/salary, wage/salary add-ons, incentive payments and/or other benefits and services (Henderson, 2006). Human resources departments and human resource consultants are met with the task of making the compensation and benefit system of an organization attractive, fair, and competitive. “The objective of the compensation function is to create a system of rewards that is equitable to the employer and employee alike” (Ivancevich, 2010). An effective compensation and benefit system is one which contributes to organizational effectiveness, includes the principal components of a compensation and benefits system and develops a clear strategy in maintaining a compensation and benefits system in order to maintain highly motivated and effective employees.
Resourcing Talent 1. Definition of recruitment and selection process The recruitment and selection process is important for new and established businesses alike. Your human resources department has the support and expertise of employment specialists who assist hiring managers with the procedures to ensure your company leaders are making wise hiring decisions. There are several pieces to the recruitment and selection process: sourcing candidates, reviewing and tracking applicants, conducting interviews and selection for employment. 1.1 Sourcing Candidates This is the first step in the recruitment and selection process.
Possessing excellent communication skills will be vital to my success and how far I decide to go in life. The Career Plan Building Activities made me realize where my strengths were and that is in Researching, Logical thinker, Writer, Strategize, and an Organizer. These strengths will help me to be an excellent leader and encourage employees to do their best to deliver positive results for the company. I will be able to handle any circumstance and make beneficial and effective decisions. I will have to make sure I am thinking critically when evaluating arguments.
People are a business most valuable asset and keeping them satisfied, motivated, developed and retained is necessary if a company is to remain profitable (humanresources.about.com, n.d.). HR department plays a vital role in companies; helping them master the challenging competitive environment and the demand for highly qualified employees. Their primary roles are locating, screening, recruiting, hiring, and training high quality individuals who will become constructive members of the organization. They must be professional at all time handling different situations and people; skillfully communicating the firms’ policies, procedures, and goals: other responsibilities include perform job