Study and benchmarking of Human Resources Management practices

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Study and benchmarking of Human Resources Management practices Group Research Paper For Human resource Issues in Tech-Based Organizations FALL 1999   Abstract For any organization, competitive advantage comes from its people. Human Resource Strategy is central to developing this advantage. This has gained more significance in the Information Technology (IT) organizations where the real value of the organization lies not in its products or services but it’s human resources. Long term successes of such organizations are centric on its ability to make the best out of its employees through its human resource practices. XXX Inc. (XXX) is a growing IT organization aspiring to provide superior technology and services that dramatically improve decision making process to the markets. This paper presents the results of findings of HR practices adopted at XXX comparing it with industry benchmarking leaders like Microsoft Corporation and Hewlett Packard. A general approach to applying benchmarking data to identifying and addressing HR processes with improvement suggestions is presented. Index Introduction ……………………………………………………………………4 HR Management Areas………………………………………………………...6 Benefits…………………………………………………………………7 Performance Appraisal………………………………………………..7 Training and Development……………………………………………8 Personnel Selection…………………………………………………….9 Leadership……………………………………………………………...9 Motivation……………………………………………………………...10 Organizations Benchmarking Candidates……………………………………………12 Organization being studied……………………………………………14 Study Results of HR Practices…………………………………………………..16 Recommendations………………….……………………………………………22 Strategies.………………………………………………………………………..25 Conclusion…………………………………………………………………….…28
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