Human Resource Management
Strategic Role
Human Resource Branding
Firms corporate image or culture Embodies values and standards that guide peoples behavior People know what company stands for, people it hires, fit between jobs and people, and results it recognizes and rewards Important in getting highest quality applicants to join firm
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Human Resource Management
Utilization of individuals to achieve organizational objectives All managers at every level must concern themselves with human resource management Five functions
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Human Resource Management Functions
Human Resource 1 Management
Safety and Health
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Staffing
Job Analysis Human Resource Planning Recruitment Selection
Staffing (Cont.)
Staffing - Process through which organization ensures it always has proper number of employees with appropriate skills in right jobs at right time to achieve organizational objectives
Job analysis - Systematic process of determining skills, duties, and knowledge required for performing jobs in organization
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Staffing (Cont.)
Human resource planning - Systematic process of matching the internal and external supply of people with job openings anticipated in the organization over a specified period of time . Recruitment - Process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization
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Staffing (Cont.)
Selection - Process of choosing from a group of applicants the individual best suited for a particular position and the organization
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Human Resource Development
Training Development Career Planning Career Development Organizational Development Performance Management Performance Appraisal
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Human Resource Development (Cont.)
Training - Designed to provide learners with knowledge and skills needed for their present jobs Development - Involves learning that goes beyond today's job; it has more long-term focus Career planning - Ongoing process whereby individual sets career goals and identifies means to achieve them
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Career Planning Flow & Stages
Career Planning Career Paths Career Goals
Career
Feed Back
Career stages and Important needs Needs Safety, Security Physiological 20 Safety, Security 25 Achievement esteem, autonomy 30 Self Esteem actualization actualization 45 55 65
Age Career Stages
Exploration
Establishment Advancement Maintenance
Retirement
Scope Of Career Planning
Human Resource forecasting and planning Career Information Career Counseling Career Pathing Skill Assessment training Succession Planning
CAREER ANCHORS
Technical Competence Managerial competence Stability and Security Creativity and Challenge Freedom and Autonomy Dedication to a cause Lifestyle
Why a career plan could fail !
Efforts are insincere Look for immediate benefits Lack of interaction with hired agencies Impracticability in introduction No system to evaluate Bureaucratic model of organization
Importance of career planning
Involvement of the employer and employee
Employees need to be aware of the organizational opportunities.
Case Study Colgate Palmolive
Employees fill the IDP Form The form is sent to the managers Employees and managers discuss Employees interests Strengths Trainings HR arrange for the training
Cadbury Case study
Early Career Mid Career Senior career
Early Career
First 5 years of employment Management skills training Internal- short term placements Workshops Mentoring Aim Understanding of Business structure.
Mid Career
Team Management trainings Strategic leadership trainings International opportunities Ongoing career dialogues Aim Equip with capability to lead teams, develop and deliver business stratergies
Senior Level
Highest level Approximately 150 members globally Global leadership conference Executive development programme External expert coaching Aim Support personal leadership styles to set business strategies.
Steps in Career planning (Employee perspective)
Make Career Planning an Annual Event Map Your Path Since Last Career Planning Reflect on Your Likes and Dislikes, Needs and Wants
Examine Your Pastimes and Hobbies
Make Note of Your Past Accomplishments
Look Beyond Your Current Job for Transferable Skills
Review Career and Job Trends
Set Career and Job Goals Explore New Education/Training Opportunities
Research Further Career/Job Advancement Opportunities
Human Resource Development (Cont.)
Career development - Formal approach used by organization to ensure that people with proper qualifications and experiences are available when needed Organization development - Planned process of improving organization by developing its structures, systems, and processes to improve effectiveness and achieving desired goals
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Human Resource Development (Cont.)
Performance management - Goal-oriented process directed toward ensuring organizational processes are in place to maximize productivity of employees, teams, and ultimately, the organization
Performance appraisal - Formal system of review and evaluation of individual or team task performance
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Reasons for Performance Appraisals
Benefits to Employees:
Provides a chance for employees to ask questions and tell you their sense of what theyve accomplished Lets employee know his/her strengths and areas that need improvement Allows employees to take responsibility for their performance Lets employees know whats expected of them; creates mutual understand of job duties
Reasons for Performance Appraisals
Benefits to Employers: Helps to improve employee relations and productivity Serves as an effective retention tool Provides a paper trail for addressing performance or disciplinary problems Demonstrates organizations commitment to employee success Provides valuable feedback for managers
Common Problems
Failure to prepare for the interview Failure to listen (80-20 ratio) Failure to maintain objectivity Failure to provide feedbackpositive and/or corrective Failure to follow-up Failure to document performance both good and bad
Common Problems
Misusing the performance evaluation process to address a disciplinary problem Element of surprise Relying on impressions/rumors, rather than facts Inconsistent application of performance evaluation criteria Interpersonal issues Holding employees responsible for events/problems beyond their control
The Personnel-Management Cycle
Job Description
The Performance Appraisal Ongoing Feedback and Training
How is Your Personnel-Management Cycle?
Do you have accurate and current job descriptions for all of your employees? Do your employees have the resources, training and information they need? Are you aware of problems that your employees have right now, for which they need help? Are you giving regular informal feedback?
Performance Appraisal Process
Step 1: Prepare for the Meeting
Step 2: Conduct the Meeting
Step 3: Follow-up
Compensation
All rewards that individuals receive as a result of their employment
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Compensation
Direct Financial Compensation - Pay that person receives in form of wages, salaries, bonuses, and commissions. Indirect Financial Compensation (Benefits) - All financial rewards not included in direct compensation such as paid vacations, sick leave, holidays, and medical insurance. Nonfinancial Compensation - Satisfaction that person receives from job itself or from psychological and/or physical environment in which person works.
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2008 by Prentice Hall
Safety and Health
Employees who work in safe environment and enjoy good health are more likely to be productive and yield long-term benefits to organization.
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Safety and Health
Safety - Involves protecting employees from injuries caused by work-related accidents
Health - Refers to employees' freedom from illness and their general physical and mental well being
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Human Resource Research
Human resource research is not separate function. It pervades all HR functional areas.
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Interrelationships of HRM Functions
All HRM functions are interrelated Each function affects other areas
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Powerful Forces Drive Human Capital Pressures
Human Capital Drives Corporate Movement to Knowledge Economy
Globally Deployed Work Force
Human Capital
Acute Shortage of Skilled Workers
More Transient Labor Pool
Shortening Technology Life Cycles
The Changing Individual Work Paradigm The Workplace in next few years
Employee will go to the place of employment - some days they will work at home. The employee wont have a permanent desk. The employee will work collaboratively with a team. Each team will have a project manager. The employees team mates will all be professionals in a variety of fields. Some of the team will be focused on delivery and customer services. Others in the team are customers.
The Changing Individual Work Paradigm
Some are permanent employees, some will be contractors. No one has a job or a job description. The team will have a sponsor who wont manage in the way of the nineties. Each team will have a developmental adviser.
The Changing Individual Work Paradigm
The roles in the team will include technical expertise, some team facilitation, budgeting, purchasing, training, customer relations etc The individual is accountable for results and for their contribution to the team. Compensation will be variable. Based on: Is the employee achieving their goals, the teams contributions to the organisation profitability.
The Changing Individual Work Paradigm
The individual will be measured on whether they are growing!
Several feedback mechanisms
The Changing Individual Work Paradigm
The employee will be expected to manage his or her career continuously. Career progress will not be measured by promotions or moving up. Career will take new shapes and will rarely be linear.
The Changing Individual Paradigm
Old Paradigm
Paternalistic Development owned by managers Defined career paths Secretive plans for top employees Organisation information not shared Compensation rewards upward moves
New Paradigm
Empowering A partnership for employee development Multiple ways to move, or grow in place All employees involved in own development Open information about company goals, needs and HR systems. Compensation rewards ones contribution
The Labour Market Skills and Competencies
Common traits are:
Savvy Self confidence Mobility Flexibility Willingness to take a risk Achievement/ outcome oriented Self sufficiency Ability to constantly reinvent oneself
Job Analysis
Systematic Review of Jobs Within a Firm
Job Description
Responsibilities and working conditions, plus tools, materials and equipment to perform the job
Job Specification
Skills, abilities, and credentials needed to perform the job
Managing a Projected Shortfall
Hire new employees Consider hiring temporary workers Retrain and transfer current employees into understaffed areas Convince older workers not to retire
The creative solution: Develop and install productivity enhancing systems
Recruiting
Attracting Qualified Candidates to Apply for a Job
Internal Recruiting
Considering current employees for new positions
External Recruiting
Attracting outside candidates to apply for jobs
What are the strengths and weaknesses of each approach?
Selecting Human Resources
Validity
The predictive value of a selection technique
Application Forms Tests Interviews
Developing the Workforce
Training
On-the-job training Off-the-job training Vestibule training
Performance Appraisal
Evaluating job performance
Compensation and Benefits
Wages
Money paid for time worked
Salary
Money paid for accomplishing a specific job
Incentives
Incentive Programs
Money linked specifically to high performance
Bonuses
Benefits
Compensation Other Than Wages and Salaries
Optional Benefits
Retirement plans Health, life, & disability insurance Vacations & holidays Counseling services
Mandatory Benefits
Social security Workers compensation
Equal Opportunity Employment