HRM - Part 2

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EoUTing vouy

EaT tham less Bnpoito


autput TdiNadual Incemdive Hans
(50-50 3.Hayne' s Han
Bednur Plan GBobthasünlla 1Halsey Plan 8. Raunn Plasn
-
Shang Plan Std time ixed Std time ixed - Called a
std time ixed
Rate fe how lime a l not -

Rale Fou how -Rate sox hokux (oed Manit Plan


iced Juaanteed
-
e -Quantcecd minimamshd time isd
Each rrinute o
ime wagcs ae wages ot fine
std lime is called
Eaunungs quanteedl cycn spht -Eachminhte
B Per s CaltedMarit
One how =6o Bs sAd X Actual, Takes lesstime
hot houhunit tham btd fime -Similatlo Bedux
aKes moe than -Takes TmoMe.
std iime = Paid Aime than stl = Bonust Tme - DAhoucce s
Jime = paid Sate
Tame ote Bcus pad is
ine Juade
lakes Jess ime Bonuus Pesmunum
han std Jime Takes Aess dime only So . out
Coalulatedon
Bonus o time Bonub time whuh
tate 07. To uooukek
Saved Bonus Nawes 30to
Pouientage
Wqes Cauncd
-t5 7. Paud to T0 Pelent
OOsuke -
os wouking
25 aud o USually 507. bonus 'on job
otime Saved to
OMe man
uDuKe S07 to
o3kerhan
Cheub Incemliste Plans

Cxoisn Shavirq Plams auesmn's TenePlam


Teasm ncentive Plans C o s t todn
uoduciono
Bonu
o u bonuus
byovem
ubwrlBaces) soect lenm aallel Team LOONKOIS
along uith hme
eop Obsignedd lo (Task leam)
units that 5
Complate aSsigned Lo Savin n
WouKe paudl loons
PoyoN one- time uwowon spei Labou rst
onoing bass Lask lonq lo un Samc Hado
uojece distoubuke
hoMmal ank Out paut inteabed man
foueman
in ouc
wONke

Stomlen Rucke TmpHOshae


Employee involve Lrmphov ement
Emphasison TO. un Fuoduciviby
teormwBsdk monclau
employee niotve emets shau
hcdution Based on Labous
Mert
Cost Sauug Jnenhve un Puodn Cost howu aio 0s4mlu
MewpwC unsk
-17 pasdicing
borus o evot OLS on qualihy
roicape
imCendi\e plans
ombasnuy Wide./OuganisaiionaL

Buit shoüng wnesnip plama


Employ ahauc adidan
on
posdion onet puohit Buoac baned
Cemblance o Con qualiehan Ermployee stack
Gunership plans stock oplion
-Anrual Borus Stock uchabe
sluenthen leyalty digll employees ophlied io all
Paumcnd Borus ad aalletedl(omparus uns employeas
shaue uulow maukebt
Guwwwnt Buolt Dlleued uit
to sutaim Lalented
Shoving pläns shabing lan's
- Csh teu Cosh uauds ernployes
JUT Suat actounls
0 Annual
shoud teum ermpio
intendive -long timc flon
chsement
Untorn-
Recemt wends in HRM

umnn Capilal Manngenent (HCM)


Heouiting,
Jo
Monagihg &dauslepinq oplimiai empleyeo
ionCueahe Nalu
otuus en 3
dCompany
ompetencies
aadkoMce acauislion
b) Wooce Managemenit
Cw ace oplimzadion
2 GtHRMGxoeen Hurman Resaunte Marggemeni
rNiuonmemtaly uehdly HR Macliess
fBiesewalion oknausladige Copidal
educalina empleyec abaud enHonmental issua>

3) alent Management Suadegic HCM


ReCuit, tetain, Puomae tain mest Jadended
employeo>
Succension planning, Jeodeuship deuolopment
Moukiaxe diveunity
mateuaecdom autonorny at cocklato
Gslobaligadion, Neuo dechroly
Gig Econorn
Changinm vequlado issucs
)IHRM SHRM
Erpoiiake taining
Caoss cultue aining
sadegic HRM
Hemaumli.ems im ladlau's Wktnuce
D
DTaadional aont2 Baly Romc) 3 Hemaumhen X uenaundion Y/Milleninle
Bown 1g45 beloe Boun á4G 1964 Coun (1965-1916) Boun 1911-1995
(oueValues Palience ,haydwtu) Oplimism leamwiany, | Diweblobal oplimism, Civic d
,
dhexanca do Jules, |conal puaaicadion, hinKig, sndranceConidente, athienemnend
,
Sacug ce, dadicaiion, headh4 oeless woak Achno -Jideuanty Smad, duveunuly,
D
auly bekaue pleasute.ainvoluasrnesnt<un, únosmalihy, Touakhy,Soicd
espect a audbeailkSece |Sel-velionce
Rngmaiism

Consistency4 UniotmibyBlieve in guouwth Se-lant, Serse Adapdabke. &Innovadave


Believe in
Bdieve im logic.,
legic, exbanSion, FOsidive o orily , Copual impalient dissogd
Tesonalitho magic Teamuok, telieve. oppueachdoauitheuheicient, daleunt,
tuaitsRa»d. Guendea distpi| dhey Loill alwne be. Balanted i
FConseuvadtve Spmdi youn ulunb, e>pueseive.
shle
MoDniqhting
Woukin9a SeCond ob audcide. Nainol husiness hup)

,
Blue.
Moo
linhiling: Ernploges
Secon o aredhe b ut ,
nat Sedisked ith hike, dhey
Thus ailwe..
Colled blue maonlighling
u d e lonlihling: Nat sedskicd taiah Cuwent Soy
8 does pautime job
Hal Moonlignling:Emleye. sperdmove. han eaunir
also SaNe
tnoneyuom Pod ime job a u
ull Moonlinhiig: eel ancome is nalisable. Compau
to hei expedrdiors g uiends
sdiat hets suh mbinese
Social Saalus detehined by SeCond OCwpation

HR Analyics Mdoics

inceht 8 Autihas Explanaiion


sualcaic management peyosmance
alance SCoueCaud
1996
Tdenly& impuore intena
Kaplon& Noudon)
inonaad, Cwaiome, Jusiness unclions &
Jheu seSulir
ntunal Puocess exlunal utcomes Jo
deauring uoLath m e a n u e & pouide dcedbacdk

eugonigaaions
O

stualogic. HRM Sstem


ScoueCcud (2001) & impoVe d
Fmeane manage,
ih, Beckex, Huselid Siole HR
. ic, opevadions, -Mea C HR JndiCatas ooiness
dorn inancia Peaamance.
perdtte
Ecplanadiun
anct&Autbak An imdicotox of he level of HR nausih,
HRD SCaueCad
a)HRD SusAern mnodtuity
(TV Ras) HRD Competentie
OHRD Cultwie& Values

) HRD inkages do luunine»s goals

HR sbateqic Mab diaguam hat RLSends Sumauzed


chain d adivltes uhich ontubutb
do achieernent el Ouna Slbategic.

HR Mauc uscd do cunantia the Cost 3he


Yield atio, sdection impact VaidU, HR PuoSamE,

Juadio, MoVememt Paudce ss u


Stakics, BaneualeEfcivness hicieny
Cost pe hise
Repouin dasa

HR Dashboauds Tdenmay Jmpueuomant puoCess


oppourikeS, buepading do, t.

HR Analutics lidence bawed appuoach oy bebter


deision akinga
|-Etamined Jielafionship behind
mumbeS

Bench maKing Enhance Ongantsalioa Popomna


(RobeComp) by estanlishima Siandads
HRMModels
198 The Fombwni's HR GIcle Modol he Hoabwd Modd, n92 Gruest Modd HRM
femuwn, lichy &Dolanuna Bo all& Beeu, Boselie y David quest
Michigam Model, Matding Modl BHcWsteu[2015)
ASSSTmptiors: HR Manago
-

Haud HRM uning


-

Bes tit aphusuh


achieveen
Og n
gänls
þecple to Solt Tnedal Jagmudss begins with Cvttun Shualei
sabed ls peple a anslst hich wi uSults in
Babed en
Satesic ondtuol, Cardcorme
ug suche 4stem Tncades global dowclopmen 4Key Componens: Shntegic
u sn alnce Jox ounina5s,the poue ntegndio exibly,
Fecla manngin dleend siakeheldus hignCerrorritrmert, Gualiy
ike govt, Jabou uion,
Intoalknks JmuTeundion, marngerment m k wth
- 6 DanenSionS
mernSicns
nbebbnent doNelepmernt huan uoSAO Sttaacgie HRM suadead
Seladion in houi2ontcd. b)HRM Pndices
alenmernE uith ou eehv
ness
stake holdeo cHRM Cudcoms
Tnieesb PHRMHRM CBehauie Quttornes
HRDJ Siuaduna L,IO0 |Ouka )feleTnante Oudt ETred
Selxhn APPAai+ Long herm isnanTcL autCornes
Reuwand (otperta
HRM Todels
Best HRM Bndices Model Steu's Hasuel & Salt HRM,1989 The Wawick Model 1990
The UnitesalislicnModal - Tohm Stasu
-
-Chis Henduy b Anduaw
"one best ny
mamg M. Patigue
JesauteS
Haud: The0 ouatbon
Cutig costs, empmain develapeel uom Hawaud
3 Key adeas: Commikmen, Tmodel
en sduatf}y whi - Analydica ahpueath
lectbality9aundhy HR do achieve huniness
Help o to have Comalie sdemiies s dasiajes
Sools
aduamtáge mpedamt eninonmental
st: TheouyY, High nluente> on HRM
-
one AhaB Can be Commitmemt
ad hgn alignmemt bet exteunal
Univesally (Tohnson, 2000 UnveluomemE, qualty nteUmad enNiuenmen
teiloility» Molivahon - 5 elements:
aQude Contert
bTnneu Context
Rwinens Stuaky Corkerc
d) HRM Contert
c) HRM Conlen

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