Chapter One: Introductory Part 1.0 Introduction to Report I have done my major in human resource management from University of Information Technology & Sciences (UITS). There I have completed four years of the theoretical part of the graduation. Now the rest of the practical part I have completed by my honorable academic supervisor. For that reason I have prepared this report on Shanghai JJS Garment Accessory Company’s HR department. This practical part will be evaluated the basis of my practical
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organization. Robert N. Lussier (2011) asserts that the human resources management process involves strategic human resources planning, recruitment and down-sizing, selection, orientation, training and development, performance appraisals, compensations and benefits. Strategic human resources planning is the process of analyzing staffing needs and identifying actions to satisfy these needs over time. For example a company may realise the need to recruit more employees in six months time as they will
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acquisition is communication with employees. The amount of information communicated to employees should not inundate them but should be enough to satisfy their immediate questions. It is important for employees to know why the acquisition occurred, the benefits hoped to be gained and the goals to be reached. Additional information concerning the organizational or reporting structure and which functions will be eliminated, consolidated or created will be needed to manage communication. In a Johnson &
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resources development, Compensation and benefits, Safety and Health, and Employee and labor relations are the main issues for all Human Resource Management. This essay will identify why these aspect are the primary function for all Human Resource Manager and which aspect is more important than the others. The first primary function of a Human Resource Manager is the planning, recruitment, and selection process. This is important for a HRM because if they do not select the right employee for the job then
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Q) Career planning and its benefits? What is Career Planning? Career planning is a lifelong process, which includes choosing an occupation, getting a job, growing in our job, possibly changing careers, and eventually retiring. The Career Planning Site offers coverage of all these areas. This article will focus on career choice and the process one goes through in selecting an occupation. This may happen once in our lifetimes, but it is more likely to happen several times as we first define and then
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Determination of Total Compensation The first step to determining total compensation of an employee is to evaluate the job description and the skill set required for the position. A thorough job analysis needs to be performed to determine a base pay. This information from the job analysis is used to specify the essential skills, knowledge, abilities, responsibilities and qualifications. After defining the job, the second step is to determine the worth of the position. This can be done using
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Common Employee Benefit Plans . Primary Categories of Benefit Plans • Legally Required Benefits 1. Workers Compensation offers insurance benefits to employees who become ill or are injured at work. This insurance is different in every state and is dictated at the state level. In addition, some states require employers to purchase disability insurance. 2. Unemployment Insurance provides compensation to employees who lose their job for no fault of their own. It is different
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Introduction Riordan Manufacturing is a global plastics producer. The company wants to develop a team compensation plan around its new customer-relationship management system. Riordan wishes to choose the best option to support this plan. Based on the generic benchmarking for issues facing Riordan the following companies have been identified as having some of the same issues: Graybar for team compensation strategies, BHP Copper for gainshairing, American Standard and United Parcel Service for work life
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As per De Chernatony ,L. (2001) , “Organisations are awakening to the importance of staff as brand builders”. Companies now are applying more strategic process to manage employee so that they can achieve their goals in the competitive world. Strategically managing employee means management of employee in such a way so that they can understand their job and can apply required competencies to fit in the job. Strategic process also requires manages to be visionary so that they can work on the needs
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Compensation is the overall sum of the monetary and non-monetary recompense provided to an employee by an employer in return for work accomplished as required. In addition, compensation is additionally, represented by intrinsic compensation: psychological mind-sets of employees that resulted as an outcome from performing their work; and extrinsic rewards: monetary and non-monetary rewards, for the execution of their jobs. Together, intrinsic and extrinsic compensation, expresses a company’s total
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