INTRODUCTION Meaning of Global Recession A recession is a decline in a country’s Gross Domestic Product (GDP) growth for two or more consecutive quarters of a year. A recession is also preceded by several quarters of slowing down. An economy, which grows over of period of time, tends to slow down the growth as a part of the normal economic cycle. An economy typically expands […]
Employee Relations: The guide to industrial relations for new union members 1.1 Aspects of industrial relations. Unitarist-V-Pluralist “The pressure on Human Resources Management to be strategic is almost as intense now as the campaign to persuade us to eat healthily. We all believe it is a good thing to be strategic- career progressive for ourselves, prestigious for our progression and it might even do our […]
Executive Summary Human resource management is one of the pillars on which stands the foundation of any and every organization. It deals with various aspects of organizational structure and looks into several organizational policies thereby playing a vital role in strategic planning of an organization. Though human resource management is a vast topic, job analysis and recruiting processes are highly significant. Thus, through this weekly […]
In today’s workplace, the environment is constantly evolving. Many of the ideas that will be driven in HR firms will be based upon working to adapt to these changes while being proactive as well. This is the eventuality that must be confronted while trying to maintain a balance work life for employees and manages alike. Measuring performance will take on a new dynamic, as well […]
Employee Voice Ensures Effective Performance Introduction Talking from the perspective of Human Resource Management (HRM), Employee Voice (EV) signifies the involvement of employees in organizational decision making. EV is an offshoot of the Participative Management Model which aims at achieving corporate goals through management-employee harmony. The chief ingredients of EV are Employee Participation and Employee Involvement. From the works of many management scholars it has […]
PURPOSE: Human nature is forgettable, that is why I would like to make my personal development plan. I would like to see myself in next 4 years as a manager in my company where I am working now. My company is a large-scale company and we are doing corporate services such as a payroll, accounts. Document keeping and outsources. There are lots of small scale […]
Chapter 1: Introduction 1.1 Introduction: Organisations get established, businesses survive and thrive because they sell products and services to customers and earn revenue. Globalization and increased competition have increased the demand for organizations to continually provide excellent products and services. Business performance depends largely upon how well the product or service is. Only satisfied, motivated and trained employees can produce quality products or provide quality […]
Change affecting the current organization. 1.0 Change that exists in today’s economy Change is prevalent in every country’s economy and this has enabled change in the organization’s method of working. In general, economy is affected by the following factors, i.e. PEST Analysis Political Economic Social Technological A PEST analysis is an investigation of the important factors that are changing which influence a business from the […]
1.0 Introduction: Human Reѕource Planning also known as HRP playѕ a paramount part in any organiѕation aѕ a tool to achieve goalѕ via effective ѕtrategic Human Reѕource Management or HRM. It is has been a cliché that the people are the most important resource in business. Effective use of people seem to be one of the primary assets of a business aside from its financial, […]
Report Purpose This report has been compiled by the Director of Human Resources at the request of the Board of Directors. Following on from the recent study of the organisation by external consultants, a number of problem areas have been identified in relation to HR practices, policies and implementation. It is the purpose of this report to analyse the findings of the study compiled by […]
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