...critical role in advancing language content in the country along with specializations in providing the Localization Services, Mobile VAS, Language Technology, Enterprise & Web Solutions. Business Situation Tracking HR information with spreadsheets is a hefty & laborious task for any HR professional. If some information is changed in one of the spreadsheets, it changes the formulas and throws off calculations in other sheets. Ensuring accuracy becomes unbelievably difficult. Even the spreadsheet arrangement is not effective for reporting purposes. Solution To reduce the manual workload of these administrative activities, Webdunia HRMS automate many of these processes by introducing specialized Human Resource Management Systems. It has CMMI level 3‐ compliance and adopted W model for development. Webdunia HRMS aims at maintaining integrated information for various functions of the Human Resource Department including Employee Records, Leave, Attendance etc…. It is a sophisticated web based, enterprise wide system (internet or intranet) designed by HR Professionals and ASP.NET Specialists. Benefits Simple and more modernized Provide information used for decision making thus simplify the decision making process Maintains up‐to‐date account of the decisions that have been made Comprehensive solution of tracking details of all employees Improve communications with ...
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...* Slide 3 | | HRM and Payroll Cycle Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 15-3 | * Slide 4 | | HRM and Payroll Cycle Managing Employees: Recruiting and hiring new employees Training Job assignment Compensation Performance evaluation Discharge of employees due to voluntary or involuntary termination Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 15-4 | * Slide 5 | | HRM and Payroll Cycle Activities 1.Update master data 2.Validate time and attendance 3.Prepare payroll 4.Distribute payroll 5.Disburse taxes and miscellaneous deductions Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 15-5 | * Slide 6 | | HRM and Payroll General Threats Inaccurate or invalid master data Unauthorized disclosure of sensitive information Loss or destruction of data Hiring unqualified or larcenous employees Violations of employment laws Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 15-6 | * Slide 7 | | HRM and Payroll General Controls Data processing integrity controls Restriction of access to master data Review of all changes to master data Access controls Encryption Backup and disaster recovery procedures Sound hiring procedures, including verification of job applicants’ credentials, skills, references, and employment history Criminal background investigation checks of all applicants for finance-related positions Thorough documentation...
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...Chapter 1 Human Resource Management HRM Activities HRM involves the acquisition, development, reward and motivation, maintenance and departure of anorganisation's human resources. To do this successfully HRM must do all of the following: •Job analysis •Human resource planning •Employee recruitment •Employee selection •Performance appraisal •Human resource development Career planning and development •Compensation • Benefits • Industrial relations •Health and safety programs •Manage diversity What is strategy? 'Strategy defines the direction in which an organisation intends to move and establishes the framework for action through which it intends to get there.' The purpose of strategy is to maintain a position of advantage bycapitalising on the strengths of an organisation and minimising its weaknesses. To do this, an organisationmust identify and analyse the threats and opportunities present in its external and internal environments. What is strategic management? Strategic management is the process whereby managers establish an organisation's long-term direction, setspecific performance objectives, develop strategies to achieve these objectives in the light of all the relevantinternal and external circumstances and undertake to execute the chosen action plans. The aims of strategicmanagement are to help the organisation to achieve a competitive advantage and to ensure long-term successfor the organisation. Components of strategic management Strategic management involve...
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...approach to human resource management • Appreciate the strategic challenges facing human resource management What is Human Resource Management? The focus of human resource management (HRM) is on managing people within the employer-employeerelationship. It involves the productive use of people in achieving the organisation's strategic business objectives and the satisfaction of individual employee needs. HRM is a major contributor to the success of an enterprise because it is in a key position 'to affect customers, business results and ultimately shareholder value'. Ineffective HRM is a major barrier to employee satisfaction and organisation success. HRM and Management The purpose of HRM is to improve the productive contribution of people, and should therefore be related toall other aspects of management. There are two basic approaches to HRM: Instrumental HRM - (or hard) approach that stresses the rational, quantitative and strategic aspects of managing human resources; and humanistic HRM - (or soft) approach that emphasises the integration of HR policies and practices with strategic business objectives, but recognises that competitive advantage is achieved by employees with superior know-how, commitment, job satisfaction, adaptability and motivation. The new role of HR Managers As HRM becomes more business oriented and strategically focused, four key roles for HR managers can be identified: • strategic partner – a strategic...
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...plantation life, both the enslaved and the European whites who were otherwise known as masters. It delves deeper into the reality about slavery and revisionism, as this book challenges many past events and judgments that were based on slavery, with supporting evidence. Dr. Campbell focused on the British Controlled Caribbean region of Jamaica, particularly on the Golden Grove plantation owned by Chaloner Arcedekne. He was an absentee owner and his close friend, Simon Taylor managed the plantation. For the period of the seventeenth and eighteenth centuries, there were difficulties faced by masters on the sugar plantations, also, social relationships were formed between the enslaved people and their masters. These are some of the details accentuated in “Beyond Massa.” The main areas of research and discussion concerning the sugar plantations throughout the seventeenth and eighteenth centuries were focused on; the Human Resource Management practices, the enslaved elite, the role of women, and the centre of power and power centre. Human Resource Management (HRM) was the governing principle within the sugar estates of the seventeenth and eighteenth centuries. Although this term was recently developed around the mid 80’s, as historians conducted additional research into sugar estates, evidence has proven that Human Resource Management was in fact prevalent on the sugar estates. “By the 1980’s, HRM meant an approach to the management of those at work with an emphasis on performance,...
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...|student number: | |Master of Business Administration | |Module: Managing the Human Resource | | | |Chioma Momah | |Word Count: | |From a Human Resource Management perspective, provide a reasoned and academically underpinned critical analysis of the leadership style of | |Rupert Murdoch. The response should include detailed analysis of the approach taken to the management of people within the Murdoch group. | |Further recommendations should outline suitable changes to the HR strategy and practice in the future, these should be adequately justified. | INTRODUCTION: Rupert Murdoch was born in Melbourne, Australia on the 11th of March, 1931. He later attended the prestigious Oxford University in...
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...AND EMPLOYEE PERFORMANCE: A CASE STUDY ON BANGLADESH BANK PRESENTED BY: MD. RAYHANUL ISLAM EXAMINATION COMMITTEE: Dr. SUNUNTA SIENGTHAI (CHAIRPERSON) Dr. SUNDAR VENKATESH Dr. YUOSRE BADIR Agenda: Introduction of the study Snapshot of BB and its current situation on human resource management. Findings and discussion. Conclusion of the study and recommendations. Introduction Bangladesh Bank (BB), the central bank of Bangladesh, is the key player for the financial sector of Bangladesh as well as for the economy. An urgent need for supply of adequate professional manpower to cope with the emerging challenges. Objectives of the study: 1. To describe the existing HRM of BB. 2. To assess the strengths and weaknesses of the current BB’s HRM. 3. To examine the relationship between BB’s HRM practices and HR Department’s employees performance. Research methodology ◦ ◦ ◦ ◦ ◦ Sampling Method Primary Data Secondary Data Data Gathering Instrument Data Analysis Flow chart of the research framework Bangladesh Bank and its situation on Human Resource Management • The • • establishment of BB Functions of BB Human Resources Department (HRD) of BB: HR Dept. has 3 division & each division has 2 wings. These arePlanning and Resourcing Division -Planning, Promotion & Transfer wing -Recruitment & Outsourcing wing Development and Benefit Division -Benefits & Administration wing -Training & Development wing Performance and Reward Division -Recognition & Reward...
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...Fargo Publishing I. Discuss the benefits of integrating Human Resource Management (HRM) and payroll databases. There are numerous benefits of integrating HRM and payroll databases. One benefit is the improvement in the providing of data access. Another benefit is the facilitation of the updating of employee data as there will only be one update necessary as opposed to the updating of two separate systems. A third benefit is the improvement in decision-making as it will allow access to more relevant information that is required for employee development. II. Discuss the current problems related to labor at Fargo Publishing. Currently, the HRM department directly participates in the payroll processing and paycheck distribution which displays a lack of segregation of duties. This increases risk of fraud and inability to detect and correct fraud. The employees are also completing their time cards by using a box that prints the date and time. This may leave room for inaccuracies which may result in increased labor expenses and erroneous labor reports. The time card data, which is used for calculating payroll, should be reconciled to the job-time ticket data used for costing and managerial purposes, by an individual not involved in generating that data. III. Discuss three recommendations to improve the problem related to labor at Fargo Publishing. My first recommendation would be segregate the payroll duties. This segregation of duties would prevent someone with access...
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...Course: Executive Master Program in Business Administration. Duration : 1 Year. Semester-1 Part One Human Resource Management Section A 1. It is a cultural attitude marked by the tendency to regard one’s own culture as superior to others c. Ethnocentrism 2. It is the systemic study of j ob requirements & those factors that influence the performance of those j ob requirement s a. Job analysis 3. This Act provides an assistance for minimum statutory wages for scheduled employment b. Minimum Wages Act, 1948 4. __________ is the actual posting of an employee to a specific job b. Placement 5. Broadening an individual’s knowledge, skills & abilities for future responsibilities is known as b. Development 6. Change that is designed and implemented in an orderly and timely fashion in anticipation of future events a. Planned change 7. It is a process for setting goals and monitoring progress towards achieving those goals d. Performance management system 8. A method which requires the rates to provide a subjective performance evaluation along a scale from low to high c. Rating scale 9. It is the sum of knowledge, skills, attitudes, commitment, values and the liking of the people in an organization a. Human resources 10. A learning exercise representing a real-life situation where trainees compete with each other to achieve specific objectives b. Management game Part Two: 1. Explain the importance of Career Planning in industry. 2. Write the features of HRM Human resources...
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...A key factor in the process of integrating strategic planning with HR is ensuring that the HR staff recognize their roles as change agents and strategic business partners. This may be particularly difficult in a rapidly changing organization where the lack of stability tends to leave people with the feeling that they are victims of change rather than champions of it. However, one key to creating a successful HR function is to organize the chaos caused by change. This can be accomplished by forging ahead with innovative strategic plans that add value to the company instead of retreating into comfortable, traditional roles that will not effectively improve a company's bottom line (Cipolla, 1996). Effective strategic planning involves analyzing current data and identifying trends that may affect a company's future performance. Next, it involves mapping out a strategy that will most likely result in a company's success over the long term. A study by Eichinger and Ulrich (1995) indicates that in the next five to seven years at least 10 profound changes will alter the course of businesses and the function of HR. They identify these changes as (1) global economic and financial, (2) technological, (3) political, (4) structural (to the business organization), (5) educational, (6) labor-related, (7) social, (8) conflicts due to globalization, (9) environmental, and (10) crime-related. These changes are dominated by the shrinking world, as telecommunication, travel, information, ideologies...
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...just click here and start typing.] [Draw your reader in with an engaging abstract. It is typically a short summary of the document. When you’re ready to add your content, just click here and start typing.] Aerospace MBA November 28th, 2014 Aerospace MBA November 28th, 2014 Mona Chaibi-Darouez Karima Guetarni Younes Djerrari Mona Chaibi-Darouez Karima Guetarni Younes Djerrari HRM Challenge France working environment HRM Challenge France working environment Lecturer: C BARZANTNI; R KASE; A ALEXANDROU Lecturer: C BARZANTNI; R KASE; A ALEXANDROU Contents Introduction 2 What are the HRM problems you identify 3 a) in the overall professional environment today 3 b) In this company in particular? 4 What will be, according to your perception and experience, the challenges for the future of HRM? 6 a) In general 6 b) In our company 7 Solutions to meet these HRM Challenges 10 a) Improving Performance Management 10 b) Employee Empowerment 11 c) Vocational Training 12 d) Postgraduate program design and updates 13 Conclusion 14 Executive Summary HRM is a key pillar of organization’s strategy aimed to improve overall performance and enhance work conditions. Nowadays and specially after the economic crisis, HR managers are facing several problems affecting the companies performance and thus their competitivity. In our study, we identify that the main problems are: Hiring the right persons, retaining performing employees, manage performance...
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...MASTER OF INTERNATIONAL BUSINESS ADMINISTRATION Final Exam Take Home Human Resource Management Short Essay Questions (Answer FOURTY of the following questions) DEADLINE for submission is Friday, March 22nd 2013 Midnight 1) Please compare and contrast between the concepts of “core employees” and “contingent employees”. Please provide one example for each concept that highlights your understanding. * Core employees are workers who hold full time jobs in organizations. These employees usually provide some essential job tasks that require commitment in the organizations (as in governmental organizations) * Contingent workers include individuals who are typically hired for shorter periods of time. They perform specific tasks that often require special job skills and are employed when an organization is experiencing significant deviations in its workflow (as in non-profitable organizations). 2) Please explain the role of the HR department during downsizing activities. Please provide an example that highlights your understanding. * HRM must ensure that proper communications occur during downsizing. * HRM must minimize the negative effects of rumors and ensure that individuals are kept informed with factual data. * HRM must prepare individuals for the change. This requires clear and extensive communications of why the change will occur, what is to be expected, and the effects it will have on employees. * Example: During our...
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...Primary Objective: * Provide the right product * In the right place * At the right time for the right price ------------------------------------------------- BASIC REVENUE CYCLE ACTIVITIES & GENERAL THREATS BASIC REVENUE CYCLE ACTIVITIES 1. Sales order entry 2. Shipping 3. Billing 4. Cash collections GENERAL REVENUE CYCLE THREATS 1. Inaccurate or invalid master data 2. Unauthorized disclosure of sensitive information 3. Loss or destruction of master data 4. Poor performance GENERAL REVENUE CYCLE CONTROLS 1. Data processing integrity controls 2. Restriction of access to master data 3. Review of all changes to master data 4. Access controls 5. Encryption 6. Backup and disaster recovery procedures 7. Managerial reports 1. ------------------------------------------------- SALES ORDER ENTRY ACTIVITIES AND THREATS | CONTROL | 1. Take order 1. Incomplete/inaccurate orders 2. Invalid orders | 3. Data entry edit controls 4. Restriction of access to master data 5. Digital signatures or written signatures | 2. Check and approve credit * Uncollectible accounts | * Credit limits * Specific authorization to approve sales to new customers or sales that exceed a customer’s credit limit * Aging of accounts receivable | 3. Check inventory availability * Stock outs or excess inventory * Loss of customers | * Perpetual inventory...
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...THE WORLD OF E-HRM Lions…Tigers…and Bears: The World of e-HRM Submitted in partial fulfillment of the requirements for the Degree of Master of Science in Management College of Business & Management Cardinal Stritch University November 29, 2011 Abstract Rapid development and expansion of the internet has boosted the realization and application of e-HRM. Technological optimist assume, that from a technical perspective, the IT possibilities for e-HRM are endless: in principal all HR processes can be supported by IT. This paper aims at giving a clear definition of what HRM and e-HRM actually is, as well as the current uses and technologies utilizing the e-HRM concept. This paper will also discuss some of the pros and cons associated with e-HRM from 4 different perspectives: individual, operational, relational, and transformational. Keywords: e-HRM, HRM, technology, management With the rapid development and expansion of the internet the realization and application of e-HRM has intensified. Technological optimist assume, that from a technical perspective, the IT possibilities for e-HRM are endless: in principal all HR processes can be supported by IT. Surveys of HR consultants suggest that both the number of organizations adopting e-HRM and the depth of applications within the organizations are continually increasing. (CedarCrestone, 2005) In addition, there is anecdotal evidence that e-HRM is becoming...
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...Case Study – Saving Starbuck’s Soul 1. What are some of the HRM issues inherent in Howard Schultz’s concerns? There are some Human Resource Management issues inherent in Howard Schultz’s concerns. The first issue is to develop a performance management system that makes clear to employees what is expected of them. This system will also assure line managers and strategic planners the employee behavior will be in with the Starbucks goals. Another issue is using available technologies to find and hire competent, committed employees that embody the Starbucks image. These potential employees need to be trained and developed from the beginning in the Starbucks manner of doing things. From these employees, a small diverse amount needs to be chosen for the “Coffee Master” program. These graduates of the black apron need to keep on top of the ever changing world of coffee flavors so ongoing training needs to be monitored. All of these employees need be a diverse, dynamic group of individuals that LOVE coffee and are working towards the common goal of making your experience at Starbucks the best it can be while still working quickly and making the company money. 2. How would an effective strategic HRM function contribute to keeping Starbucks on track? The Strategic Human Resources Management team would first have to understand the company’s mission and goals. Without this understanding they would just be putting any person into a position that would not care about the company...
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