...Table of Contents Page UDC assignment submission form 1 cover page 2 table of contents 3 1 Introduction 1.1 definition 4 1.2 introduction 4 2 Analyses 2.1 importance of hrm today 5 2.2 one major challenge of hrm facing companies today 6 3 Evaluation and Recommendations 3.1 provide work-life balance ...
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...implementation, etc). v. Your comment/suggestion on how to improve on the function *you MUST add other criteria in your report, not only those that have been listed above. e. Submission of report is on MAY 18, 2014 (during seminar 5). PHYSICAL PRESENTATION 1. Assignment should be computer typed using 1.5 spacing and using font type Times New Roman or Calibri size 12. 2. Typing should be on one side of each page only. 3. A margin of 1.25cm should be allowed on both the left and the right side of the page. 4. Pages are to be numbered consecutively. 5. The assignment should be submitted with a cover sheet stating your: i. Company's Title & HR Function ii. Subject iii. Lecturer’s Name iv. Students' Name and Matric No v. Class/Program vi. Submission Date 6. Cover page of your report must be in yellow colour. SUBMISSION 1. A copy of all assignments should be kept to safeguard against loss. No excuse of losing the assignment or losing computer will be accepted. 2. Assignment should be proofread before submission. 3. Failure to submit by the due date would result in your marks to be awarded 0. UNIVERSITI TEKNOLOGI MARA HRM 533: INTRODUCTION TO HRM shibahisham/fpp/hrm533 REFERENCES 1. Your report MUST include citations from the sources....
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...dealing with employees are critical to ensure that the organisation gets and keeps the right staff. Personnel management refers to the managerial function of estimating and classifying of human resources requirements for meeting organisational goals. It involves strategies that ensure sufficient staff, a right combination of talent and performance in jobs. Human resource management (HRM) is the governance of an organization’s employees. HRM is sometimes referred to simply as human resources (HR). A company’s human resources department is responsible for creating, implementing and/or overseeing policies governing employee behaviour and the behaviour of the company toward its employees. Human resources are the people who work for the organization; human resource management is really employee management with an emphasis on those employees as assets of the business. In this context, employees are sometimes referred to as human capital. As with other business assets, the goal is to make effective use of employees, reducing risk and maximizing return on investment (ROI). Areas of HRM oversight include – among many others -- employee...
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...Abstract: The limitations in shopping at retail stores force consumers to look for alternative ways to get what they need in a convenient, safe, affordable, and time saving manner. Online shopping seems to be one of the most convenient ways to compare products and services. Using of online shopping sites is becoming an inherent part of many people’s daily life. This paper presents an overview of online shopping, gives understanding the present condition of this system in Bangladesh, mentioning problems that hindrance its growth. It also suggests undertaking of immediate steps by the policymakers for making the environment supportive of online shopping. Key words: Online shopping, Internet, e-commerce, Cart. Introduction: Online shopping is a system where retailers make products available to consumer using the internet. This way of shopping comes as a great relief, which changes traditional shopping style. This type of shopping has been around for decades however in recent years there has been a remarkable growth in this medium. Shoppers shift from traditional shopping to online systems. Consumers can now visit thousands of virtual stores and pay for items purchased from their home or office in safe, convenient and secured way by using the internet. In the convenience of their homes or offices and within a click of the mouse, buyers can now purchase nearly any product or service quickly, timely and efficiently. ______________________________ ...
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...IRHR 2270 – HUMAN RESOURCE MANAGEMENT TRIMESTER 3 PSB INDIVIDUAL PORTFOLIO Assessment 2 Individual Portfolio (30%) This portfolio comprises four assessment tasks. The tasks will need to be uploaded to the Assignments/Turnitin area of Blackboard and are due as outlined below*. Each task will be based around the following scenario and material may be drawn from the text, lectures and other reliable sources. Feel free to use creativity and invent any necessary detail. You do not need to reference individual tasks but may like to list the sources consulted. Each item should be no longer than two pages maximum. When naming your document that you wish to upload, please use the following convention: (use your name) Surname_Firstname_Task_Description eg. Brown_John_Task1_Task2 (Week 6) Chan_Iris_Task3_Task4 (Week 11) SCENARIO: You are a newly recruited Human Resources Officer at a large regional financial institution. The organisation is placing a great emphasis on service excellence and is promoting this in order to strengthen its service culture. You have been charged with the responsibility of recruiting a new management team of Team Leaders for the financial institution. The Team Leaders for the financial institution will be responsible for up to 50 employees (at each location). Team Leaders will be responsible for achieving budgets; acquiring and maintaining retail as well as business banking customers. Locations: China, Singapore;...
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...Recognizing Employee Contributions Cryshaunda Rorie HRM 500 Professor Thrash December 13, 2015 Proposed Methods There are many methods to determine the proper incentive plan. It is very important to understand whether the company needs an incentive plan to compensate for short or long term cash flow. This determination will help the company become aligned and the right path to creating an incentive plan that will flourish within the future. Because this is a retail company with both online and in store sales, it is important to evaluate the merchandise being sold. Is the merchandise high end or does the merchandise that’s being sold catered more to the volume in a lower market. The vision of the company will align with this if evaluated properly. Long term incentives are better for employees because it creates capital but it can be hard keeping employees motivated with long term incentives because it takes too long to reach the goal.. “For example, rewarding assembly line workers for increased production may result in a sacrifice in quality. The framework can be pre-established, or it can be built into the plan over time” according to Smith (2007). Legal Requirements & Additional Benefits There are five basic benefits required by law. * Workers Compensation which gives employees benefits if they are ill or if they are injured. * Social Security Taxes are required to be paid on employees. * Family and Medical Leave is time that employees are granted to take...
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...HUMAN RESOURCE MANAGEMENT MPM722 REWARD MANAGEMENT VIKAS CHOUDHARY Deakin ID: 213441882 Unit Chair: Dr. Elsa Underhill Number of Words: 3087 (exclusive of title page, figures/tables, appendices and references) INTRODUCTION The compensation provided by a company for the loyal services of its employees that helps it achieves its goals is known as rewards. At the very heart of the organization lie the human resources or the labor capital of a company which holds the secret to the success or failure of the organization. It is thus very important to have a well engaged workforce that is constantly enhancing their performance levels by using both their inner and outer potential limits. This will ensure that the organization becomes highly competitive in the market. However, an engaged and committed workforce is only possible when the company has a well designed reward management system that is able to provide individual employees with benefits that adds value for them. It is hard to find motivation for work among people unless there is significant rewards associated with the work that they perceive is proper compensation for their time and effort. Once the reward offered looks justified, the employees in their pursuit of the reward becomes committed to work in a manner that helps the company achieve their business strategies and goals (Edward & Christopher 2006). It is crucial that the rewards ensemble the factors that are perceived important by the employees and...
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...Introduction Human resource management, with accord to Mondy (2005:5) defines that "staffing, human resource development, compensation and benefits, safety and health, and employee and labor relations" are five functional areas to determine the effectiveness and performance of an institution. With regard to the writer's approach, this paper is going to merely focus on two perspectives: staffing and human resource development in order to examine the data collected from the government, for instance, Hong Kong Police Force. The paper will, then, discuss and criticize the findings by means of job analysis, job description/specification, recruitment, selection, interviewing and performance appraisal. Data analysis and Discussion Hong Kong Police Force is one of the public organizations, which is to maintain law and order to reduce the incidence of crime in Hong Kong. There are several departments in Hong Kong Police Force, which work as a whole with the same above-mentioned mission. The data will be discussed in the following sections: -Job analysis methods and Job description/specification - Regarding Mondy's job analysis methods, Hong Kong Police Force makes use of a combination of methods (see appendix 1-3) to carry out questionnaires, observation and interviews. Questionnaires are structured as written examination (see appendix 1-3) so as to test the language competence of the candidates. In order to observe physical and mental performance, observation...
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...Executive Summary ‘Capital market is largest and oldest trading organization in Bangladesh, with years of experience. Adaptation of modern technology both in terms of equipment and trading practice ensures efficient service to clients. Capital market serves both clients and country and it strive to be the acknowledged global leader and preferred partner in helping our countries succeed in the worlds rapidly evolving financial market. This report is basically the analysis of capital market’s inner strengths and the inside forces that affect the organization. The organization has full power over these forces and can use them effectively. There are, of course, many different forces that work within an organization, and we have explained a few of them in the following passages to illustrate the condition of capital market. In this report we find out the history of this market. That means what is the background of this market, trading process, present condition, and future opportunity of this organization from the perspective of information. The main purpose of the study is to compare the theoretical knowledge with practical scenario and at the same time get an in-depth knowledge about capital market and its policies. In order to serve this purpose the following Main Discussion History of Bangladesh Capital Market: The first concept capital market was come from USA at Wall Street in 1653. It came to South Asia in 1890. The origin of Stock Market in Bangladesh was 28th April1954 named...
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...Full Time HR Generalist position As the HR Generalist you will serve as the first point of contact for on-boarding/off-boarding, employee relations issues, benefits, employee status changes, policies & procedures, best practices, reporting and metrics. In this new role you will have an opportunity to multi-task – using your strong foundation in HR and your recruiting expertise. You’ll join an quickly expanding family orientated Marketing team and will have the opportunity to have a big impact on our team and outstanding culture. Position Responsibilities • Coach and advise Managers on complex and diverse employee relations matters (e.g. performance management, attendance management, disability management, conflict management, progressive discipline, workplace investigation, termination), including compiling and preparing evidence to support appropriate recommendations. • Provide overall employee relations support to staff inquiries regarding policies and procedures. • Develop performance improvement plans and mentor the supervisor through the process. • Recruitment and selection of employees including executing strategy, Developing job descriptions, postings, attending career fairs, short listing, interviewing and hiring. • Providing guidance and direction to subordinates, including setting performance standards and monitoring performance. Experience/Knowledge required • Human Resource Management certificate, Sales/design, Marketing and/or related discipline...
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...Assignment #1 1) Define HUMAN RESOURCES MANAGEMENT and outline what HRM does. 2) Briefly discuss the External Environmental Influences on HRM. 3) Outline a brief history of HRM. Discuss the three stages through which HRM has evolved. 4) LIST (!) the main prohibited grounds of discrimination common to all Canadian jurisdictions. Assignment 1 - Answers 1. The book Human Resources Management in Canada briefly defines Human Resources Management (HRM) as “the management of people in organizations”. The Educational Portal, however, offers a more detailed definition of the same subject: “Human Resources Management (HRM) is the process an organization undergoes to manage people in order to achieve goals”. In order to accomplish the aforementioned goals, “HRM involves formulating and implementing HRM systems (such as recruitment, performance appraisal, and compensation) that are aligned with the organization’s strategy to ensure that the workforce has the competencies and behaviours require to achieve the organization’s strategic objectives” (Dessler). In other words, “Human Resources Management includes conducting job analyses, planning personnel needs, recruiting the right people for the job, orienting and training, managing wages and salaries, providing benefits and incentives, evaluating performance, resolving disputes, and communicating with all employees at all levels” (http://www.businessdictionary.com). 2. The external Environmental Influences discussed...
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...Introduction of Selection: The process of interviewing and evaluate the candidates for a specific job and selecting an individual employment based on certain criteria. Employee selection can range from very simple process to a very complicated process depending on the firm hiring and the position. Certain employment laws such as anti-decimation must be obeyed during the employment selection. Strategic Selection: Strategic Selection engages the stakeholders and knowledge experts within the client company. The process identifies the characteristics and attributes required by “the job” to ensure success. Strategic Selection is a patented and scientifically validated benchmarking process that allows our clients to identify high potential candidates, create career development fast-tracks and, as appropriate, promote from within by identifying “best fit” personnel. Promoting from within helps maintain a true company culture while boosting morale and keeping employees engaged. This thorough job benchmark will • Assess the position’s contribution to your company’s strategic goals • Ensure that Key Stakeholders and Knowledge Experts are on the same page • Evaluate the job/talent fit for the subject position • Optimize the talent you already have • Provide a powerful tool in the hiring process • Improve ramp up time, or “Quick Start” the new hire • Reduce time to hire and workforce turnover • Establish a training/coaching plan to help your people achieve superior performance...
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...Assignment 1: Ethical Issues In HRM Strategy Trimmier McClellan Dr. Linda Force HRM 530 January 27, 2013 Identify the areas of overlap in the new client organization with others that you have had as clients. If you have limited experience with these types of problems, be sure to research common issues to complete this question. In Human resources (HR), problems can arise when dealing with a company’s productivity, hiring new employees, setting up training, and preventing discrimination. An important task of the human resource department is work with employees so they can be very productive. Productivity most often leads to higher revenue for a company. The HR department usually critically considers the amount of people that work each shift, group tasks, bonuses, and other factors that may keep the morale high. These factors are related to each other, so the challenge is to not affect one factor without largely affecting another. There can be difficulty making changes that do not negatively affect a company’s budget. The HR department is usually responsible for some forms of recruitment. They may attend job fairs send out emails, or post job postings to create interest in the company. Because of globalization, companies have to compete with each other internationally rather than just locally. Companies also have a hard time creating incentives for their employees that help balance work and family. Employees today look for a company that will minimize their personally risks...
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...The entrepreneurial test: Optimistic: 8 Creative:8 Decisive:8 Strong work ethic: 7 Moderate risk taker: 7 Alert to opportunities: 8 Persuasive: 8 Resource assembler: 7 Self confident: 8 Value achievement over money: 8 Average: 7.7 5 business ideas: Fitness food- App based menu of restaurants that can be used in order to maintain a healthy life style Tram locater: App that shows you where a certain tram is, and how hard you have to run in order to catch it (can be expended in a lot of ways) Foodswap If you made too much food but you don’t want to throw it away, you can put it online and people from your neighbourhood can come and buy it from you. Picture perfect: A snap chat like service only it puts a random frame on your picture so you never know what the photo will look like until you’ve send it. Outfitter: You upload all the items you have in your clothing closet, and the outfitter will come up with original and fitting outfits that you can wear, so you reinvent your clothing style over and over again. Fitness food- App based menu of restaurants that can be used in order to maintain a healthy life style Tram locater: App that shows you where a certain tram is, and how hard you have to run in order to catch it (can be expended in a lot of ways) Foodswap If you made too much food but you don’t want to throw it away, you can put it online and people from your neighbourhood can come and buy it from you. Picture perfect: A snap chat like service only it...
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...Report On: A Brief Comparison about Human Resource Management between Bextex Ltd. and Square Textiles Ltd. Acknowledgement First of all I would like to thank almighty Allah for giving me the strength to complete this report. Then I would like to express my cordial thanks to our respective course instructor ……………………………….for giving me this opportunity to make a report on such an important topic which is essential for better understand of HRM scenario for successful companies. This opportunity will help me in future at a grater extent. I would like to express special thanks to my classmate and family members for their support at the time of preparing this report. EXECUTIVE SUMMARY Square Textile Ltd. started its operation in 1997. It was enlisted in Dhaka Stock Exchange & Chittagong Stock Exchange in 2002. The business lines of Square Textile Ltd. are manufacturing and marketing of yarn. Its factory is located in Gazipur , Dhaka. The manufactures 100% Cotton Ring Span Yarn or Hosiery , 100% Cotton OE Rotor For Hosiery and Knit Fabrics for 100% export oriented readymade Garments Industry. The strategic Goals and Objectives of the Company are to strive hard to optimize profit though conduction and transparent business operations and to create more competitive in the internal and external market. In home, customer of Square Textile Limited are export oriented readymade Garments Industry. The Company also exports its products to the market of Europe & USA . ...
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