Km. Sneha Mishra

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THE ANALYSIS OF HUMAN RESOURCES MANAGEMENT IN

PROMOTING EMPLOYEES’ PERFORMANCE

Submitted In Partial Fulfillment for


The Requirement For The Award Of Degree Of
Master Of Business Administration from
Dr. A.P.J Abdul Kalam Technical University,
Lucknow

Submitted By Under the guidance of


Km. Sneha Mishra Dr. Krity Gulati
Father's Name:-Mr. Srinath Mishra
Batch: 2021-2023

LLOYD INSTITUTE OF MANAGEMENT & TECHNOLOGY


PLOT NO 11, KNOWLEDGE PARK-2, GREATER NOIDA-201306 (UP)

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CERTIFICATE OF ORIGINALITY

I____________________________Roll No ________________________of
Batch 2021-23 is a full-time bonafide student of second year of MBA Program
of Lloyd Institute of Management & Technology, Greater Noida. I hereby
certify that this project work carried out by me at _______________
_____________________________________________the report submitted in
partial fulfillment of the requirements of the program is an original work of
mine under the guidance of the faculty mentor___________________and is not
based or reproduced from any existing work of any other person or on any
earlier work undertaken at any other time or for any other purpose, and has not
been submitted anywhere else at any time

(Student's Signature)

Date: ________________

(Faculty Mentor's Signature)

Date: ___________________

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DECLARATION

I, Km. Sneha Mishra hereby declare that my report entitled "THE ANALYSIS OF HUMAN
RESOURCES MANAGEMENT IN PROMOTING EMPLOYEES’ PERFORMANCE" is a
report work carried out by me independently. The information presented in the report is
correct to the best of my knowledge and the analysis is as per the norms and guidelines of the
report.
I claim this report to be my indigenous work and have not presented it anywhere else for any
purpose.

Date: Km. Sneha Mishra


Place: MBA 2nd Semester
Roll no:

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ACKNOWLEDGEMENT

The work on this report has been an inspiring, often exciting, something challenging, but
always an interesting experience.
I want to thank my mentor -Dr. Krity Gulati ( Professor) because she has supported me with
her guidance, insights, encouragement and many fruitful discussions on this topic.
I am grateful to her for having spared her time and showing patience to my questions and
queries.
The kindness shown by her, in spite of her being so busy with her work, is highly appreciated.

Km. Sneha Mishra


MBA 2nd Semester
Lloyd Institute of Management and Technology

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TABLE OF CONTENT

Chapter No. Chapter Name Page No.

1 Introduction 6-22

2 Literature Review 23-38

3 Research Methodology 39-41

4 Data Analysis 42-54

5 Conclusion, Suggestion 55-58


and Recommendations

6 Annexures 59-61

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CHAPTER – 1
INTRODUCTION

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1.1 Introduction

Increasing demands for higher competition in the global economy have caused the production
changes from planned production to order driven production. Consequently, flexible production,
higher production efficiency, fast response to customers' requirements, assurance for high and
uniform quality of products and services have become a requirement. This demands a new concept
in enterprise management, based on on-line evaluation of current state, effective decision- making
and their suitable execution. Human resource management is an indispensable function for both
private and public sector organizations. The process deals with several operational objectives such
as recruitment, providing proper training to the employee, selection of the employee, assessment of
the employee, motivating and maintaining a proper relationship with the employee, and maintaining
welfare and health for the employees in the organization through laws created by the concerned
state and country. Human resource management is a process through which the organization utilizes
its limited skilled workforce. The main intention is to make effective use of the existing human
resources within the organization. As a result, human resource management covers a broad range of
areas, including conducting jobs, planning employees' needs and recruitment, determining wages
and salaries, resolving disputes, and creating a safer working environment. Moreover, the human
resources department plays an important role in encouraging employees to develop personally and
professionally. Organizations utilize their human resources management to ensure proper utilization
of their resources. In addition, it helps employees improve their professional skills and knowledge.
Human resource management provides a quality work environment for employees.

The management of human resources is a crucial task for organizations in the public and private
sectors. The process addresses a number of operational goals, including recruitment, providing the
employee with the appropriate training, selecting the employee, evaluating the employee, inspiring
and maintaining a proper relationship with the employee, and preserving the welfare and health of
the employees in the organization through laws developed by the relevant state and country. The
firm uses its sparsely skilled personnel through the human resource management procedure. The
organization's principal goal is to effectively utilize its existing human resources. In addition,
human resource management works in a variety of areas, including job administration, personnel
needs planning, recruitment, and wage setting.

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1.2 Meaning and definition of Importance of Human Resource Management in Promoting
Employees Performance

Importance of Human Resource Management in Promoting Employees Performance refer to a set of


quantifiable measurements used to gauge a company’s overall long-term performance. Importance
of Human Resource Management in Promoting Employees Performance specifically help determine
a company's strategic, financial, and operational achievements, especially compared to those of
other businesses within the same sector. Modern HRM, or human resource management, focuses on
the acquisition, development, utilization, and upkeep of human resources in the workplace.
HRM is focused on growth. It is a concern of all managers and allows for employee involvement,
performance, and development. Nowadays, HRM is preferred by many businesses over personnel
management because HRM is essential for maintaining a high-quality team of experts. In addition,
it has a few significance that are outlined below.

Importance of Human Resource Management in Promoting Employees Performance


measure a company's success versus a set of targets, objectives, or industry peers.
To maintain quality of work life.
To increase productivity and profit
Process-focused Importance of Human Resource Management in Promoting Employees
Performance aim to measure and monitor operational performance across the organization.
Businesses measure and track Performance of Employees through business analytics
software and reporting tools.
To produce employees who are easily adaptable to change.
To match demand and supply of human resource.
To retain employees and motivate them to accomplish company’s goal.
To recognize merit and contribution of employee.
To create a feeling of belongingness and team spirit in the employee.
To sustain business in the market.
To resolve conflicts.
To develop corporate image.

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This is a crucial part of human resource management and an essential part of any organization. In
addition to contributing significantly to the corporate decision-making process, which includes
assessments for current employees and predictions for future employees based on business
demands, HR managers manage strategies to ensure the organization achieves its business goals.

HR managers try to cut costs by doing things like recruiting and keeping employees.HR
professionals are well-versed in employee benefits that are likely to attract quality candidates and
retain the current workforce, as well as trained to negotiate effectively with potential and existing
employees.

If a company chooses to dig even deeper, they may engage with project-level or sub-department-
level. These are often specifically requested by management as they may require very specific data
sets that may not be readily available. For example, management may want to ask very specific
questions to a control group about a potential production rollout. HRM can be defined as the
effective management of people in an organization. HR management helps bridge the gap between
employees’ performance and organization strategic objectives. Moreover, an efficient HR
management team can give firms an edge over their competition.

One of the major responsibilities of a HR manager is recruiting personnel. The success of an


organization largely depends on the workforce employed, so it is essential that the right people are
hired for the right roles. Learning is a continuous process and essential to employees' productivity.
HR managers are responsible for the orientation and induction of new employees, as well as the
professional development of existing employees. They strategize development programs.
Furthermore, they must be able to identify and analyse areas where employees need training.
Effective employee relations go a long way toward boosting productivity and significantly
contributing to an organization’s success. Employee relations strategies are implemented to ensure
that an organization caters to employees' overall well-being.

Effective employee relations go a long way in boosting productivity and contributes significantly to
an organization’s success. Employee relations strategies are implemented to ensure that an
organization caters to the overall well-being of employees. A major component of a HR manager’s
job role is handling compensation and benefits. They are responsible for devising compensation
strategies, performance management systems and compensation structures, as well as negotiating
pay and benefit packages with potential employees.

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Importance of HR managers in organisations
Strategy management: This is an important aspect of any organisation and plays a vital
role in human resource management. HR managers manage strategies to ensure the
organisation reaches its business goals, as well as contributing significantly to the corporate
decision-making process, which includes assessments for current employees and predictions
for future ones based on business demands
Benefits analysis: HR managers work towards reducing costs, such as with recruitment and
retention. HR professionals are trained to conduct efficient negotiations with potential and
existing employees, as well as being well-versed with employee benefits that are likely to
attract quality candidates and retaining the existing workforce.
Training and development: Since HR managers contribute significantly to training and
development programmes, they also play a pivotal role in strengthening employer-employee
relationships. This contributes to the growth of employees within the company, hence
enhancing employee satisfaction and productivity.
Interactivity within employees: HR managers are responsible for conducting activities,
events and celebrations in the organisation which gives way to team building opportunities.
Moreover, it enhances interactivity within employees and instils a sense of trust and respect
among peers.
Conflict management: The department to go to when any kind of professional conflict
arises between employees is HR. They ensure that issues and conflicts are resolved
effectively, approaching the problem with an unbiased attitude and encouraging effective
communication to reach a solution. In addition, they help employees understand various
ways of developing effective work relationships and the importance of not letting personal
judgement affect their behaviour.
Establishing a healthy work culture: A healthy work culture is pivotal in bringing out the
best in employees. HR managers contribute significantly to setting up a healthy and friendly
work culture, which further translates into better productivity among employees.
Compliance: HR professionals work towards making the organisation compliant with
employment laws, as well as maintaining records of hiring processes and applicants’ log.

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1.3The Objectives of HRM (Importance of Human Resource Management in Promoting
Employees Performance)

Organizations are dependent on effective human resource management. It has a few targets that can
essentially improve or adversely influence the association. The primary objective of HR
management is to boost productivity. This can be accomplished through training initiatives and the
hiring of competent employees. The primary objective of HRM, which is crucial to an organization,
is to enhance departmental coordination. The significance of HRM is also affected by this.
If you don't have good human resources management, working together with your authorities will
be difficult. Your business will endure accordingly. Representative fulfillment, keeping a solid work
culture, and a sound balance between fun and serious activities for representatives are more
significant objectives of HR the executives.

1. Manpower planning is another name for HR planning. It helps figure out how many people
and what kinds of people are needed to fill various positions in an organization.

2. The employment function includes recruitment, selection, and placement of personnel.

3. Worker improvement and preparing to guarantee productive execution and development.

4. Employee performance is evaluated by the Performance Appraisal Function. It implements


corrective measures, such as switching jobs.

5. It Gives monetary and non-monetary motivators. Employee motivation is also influenced by


advancement opportunities.

6. Employee payment must guarantee that workers are paid appropriately. Additionally, there
are advantages to raising their standard of living and encouraging them to work harder.

7. Benefits like welfare and social security are offered to employees.

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An organization’s human resources are its backbone. They are invaluable assets, as human
resources’ skills, talents, creativity, and drive help accomplish organizational goals. When we
talk about human resource management (HRM), the first thing that comes to mind is hiring
talented and skilled resources for an organization. HRM consists of developing programs that
fulfil employees’ economic, psychological, ethical, and social needs. For example,
compensation and benefits programs, equal opportunity programs, community relations
programs, disability employment programs, community relations programs, etc. These programs
aim to meet employees’ societal objectives, motivating and retaining productive employees.
HRM is responsible for preparing organizational policies in compliance with provisional,
territorial, and federal laws related to human rights, occupational health and safety, employment
equity, labor relations, and employment standards. This helps organizations maintain the quality
of work life and ensure ethical employee behavior. The personal HRM objective includes
acquiring, developing, utilizing, and retaining efficient employees in an organization. This can
be possible if employees can accomplish organizational goals along with their individual goals.
For this, employees should be provided with adequate training and feedback on their
performance. This helps employees identify areas for improvement and rectify them. The main
aim of HRM is to ensure the right people with the right skills for the right job position in an
organization. The main functions of HRM consist of recruiting, training, performance appraisal,
motivating employees, ensuring their good health and safety, managing workplace
communication, and so on.

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Additional Objectives of Human Resource Management

Accomplishing Organizational Goals

Organizational goals fulfilment is the starting point of human resource management. Effective HRM
depends on using human resources to achieve organizational objectives and requirements. The goals
of an organization include workforce management and employee needs, such as hiring and training,
payroll management, and retirement. In order to accomplish organizational goals, human resource
management requires good planning and execution. HRM is useless without setting targets,
purposes, and allocations. When you know your available resources and action plan, achieving
human resource management objectives is relatively easy.

Work Culture

To successfully manage human resources and achieve goals, employees and the workplace culture
need to be placed first. Workplace culture plays a significant role in determining HRM and
organizational performance. A human resource manager must be involved when promoting policies
that encourage a better workplace culture. Automated procedures like approving leave requests and
acknowledging reimbursement requests can be helpful. A quick line of business and employee
empowerment contribute to a positive work environment. Establishing and maintaining positive,
open relationships between teams and team members is the first step in creating a positive
workplace culture. Implementing solutions like human management software could solve more than
half of your work. Effective on-boarding practices are one example of a small effort that can
improve workplace perception.

Team Integration

The significant objective of HRM is to ensure the team is well organized. Effective communication
between the company’s different divisions and teams is essential. HR must ensure a solution is
available to streamline the integration and make it more seamless. Functional objectives like team
integration aim to streamline operations and activities. Effective interpersonal communication is
necessary to ensure efficiency. The key to effective HRM is to find integration solutions that
simplify user access to data. For example, employees can contact HR staff via the self-service site.

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Training and Development

Employee productivity and performance are two essential elements that must coexist for a business
to accomplish the objectives of HRM. Employees feel organized and secure when they have
adequate training and growth possibilities. Training techniques significantly impact successful
employment. Giving employees opportunities is a great way to guarantee workforce management.
Planning, organizing, conducting training sessions, and evaluating each onboard might be
challenging when working with employees as part of human resource management.

Solutions like training management software may ease pain by giving you auto-reminders, an
accessible calendar, reporting, and monitoring tools. The human resources manager can ensure that
the business has effective training practices.

Employee Motivation

The primary objective of human resource experts in HRM is to keep everything on track. Keep
distractions and negative energy at a distance. To accomplish this, the workers must always be
looked after and motivated. How can HR motivate staff members?

Give them authority to make decisions. Consider their perspectives. Every week, invite them to
meetings or decisions. Let them participate in the business’s essential issues even if they are new.
Continue to be always positive. Measures of employee appreciation, like annual performance-based
assessments, can also be helpful in human resource management.

A performance management system with automatic feedback can keep your personnel engaged and
productive throughout the service. If your employees are happy and satisfied, your company will
maintain its goals and ambitions. As a result, effective human resource management is crucial to
keep employees satisfied and happy in the company.

Workforce Empowerment

The empowerment of employees is a crucial goal of human resource management. Giving


employees more control can increase engagement more than anything else. Providing them with
tools like the ESS (employee self-service) site for human resource administration can also reduce
the need for HR labour.

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Employees can self-apply for approvals using the website and track them using their mobile devices.
You no longer need to knock on HR’s door for trivial questions. Numerous HR interactions, such as
leave requests, payslip generation, PF account checks, remaining vacation time, upcoming holidays,
management information, etc., become straightforward.

Retention

Employee retention, along with providing leadership opportunities and chances, is one of the
essential purposes and objectives of HR managers. The main goal of human resource management
should be to maintain employee satisfaction and engagement.

Keeping employees on board after the recruiting, on-boarding, and training phases is the biggest
challenge or goal facing HR professionals. After joining the organization for two months,
employees usually leave. It may be due to a weak management system or a challenging hiring
process.

Data and Compliance

Managing compliance and company/employee data are additional organizational and functional
goals in human resource management. A significant duty is managing the firm’s payroll compliance
obligations for HR managers and professionals and avoiding fines or penalties.

Before committing to hiring and payroll, pay close attention to norms and regulations. To sustain
effectiveness, it is crucial to avoid unjustified claims. An effective HR manager ensures that
decisions are made to benefit the organization and the hired employee. Even a tiny error in
judgment or calculation can lead to harsh penalties and even the loss of respect.

Importance of recruitment and selection:


Enlistment and determination techniques are vital, and their prosperity relies upon them being
established on the right working practices. The best enrollment system works on the association's
turn of events and functional capacities since better staff will help the organization's standing as per
the norms of overall business markets. To employ the best ability, best individual, and best mind for
something good and best workplace in an association is the vital inspiration driving the enrollment
cycle. The method involved with finding the perfect individuals for the association is called
enrollment.

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As far as finding new faculty for firms, there are various procedures, including the suitable looking
through techniques. The enlistment method should be successful enough for various meriting
possibilities to move toward your work posting or deal from the outset.
Often, if sufficient looking is not possible, it will not just burn through your time yet additionally
cost you a superior and more viable contender for that situation because of terrible commercial for
that position. The major and essential objective of this methodology is to pick the best contender for
the suitable situation inside that business. An association may occasionally be compelled to manage
the most difficult conditions and testing obligations in a restricted measure of time. Competitors
who can work even more really for the business while making do in those conditions are required in
those conditions. The intricacy of the work figures out which staff should go through testing as well
as meetings to decide if they are able to involve any delicate programming in the firm. In contrast
with representatives of different associations, the more compelling your determination methodology,
the more useful your association will be.
As this course of enrollment and choice is so much significant for each association, there should be
a few difficulties in securing and on-boarding the viable workers for the association. A portion of
those difficulties are examined in this report that I broke down during my entry level position days.

About my work:
Now, industry is a unique climate that is persistently changing as a flood of late mechanical
developments and the fast making of new business. Associations should stay aware of
improvements in the work environment and be prepared to deal with any hardships that might
emerge all through the recruiting system. Finding the best contender for the position relies upon
remaining serious and imaginative and being available to changing as one go.
The worth that an organization's human asset makes is critical to the cutting-edge information
economy. Since workers are their most significant resource in such a savagely cutthroat
environment, associations have started to consider the enrollment and determination process.
Nonetheless, little exploration has been finished on the essential components associated with the
staff choice cycle.
The current review expects to depict the difficulties of enlistment and choice frameworks
experienced in India, to at last recognize the variables impacting the reasoning for enrollment and
determination processes. To get understanding and foster suitable proposals for working on the
interaction, a few measures including input arrangement, interview board investment and
arrangements, significance of inquiries questions, span, and inclination were inspected.

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Associations and Representatives currently get an opportunity to stop, think, and begin once again
after almost two years of disturbance. Various enhancements have been made. Anyway, certain
changes have additionally delivered a totally imaginative arrangement of challenges. The absence of
talented laborers today is perhaps quite possibly of the greatest. In 2021, a global boundary
conclusion and government strategy added to areas of strength for surprisingly development and
financial recuperation, however they likewise exacerbated the abilities hole that all around existed.
As per late exploration, 75% of organizations guess that an absence of talented laborers will impact
how successfully their association or division works as of June 30, 2022. Associations will be better
ready to draw in and keep best individuals in 2022 on the off chance that they grasp these worries
and answer them in a smart way.
Jim Collin expounds broadly on getting the "suitable individuals on board the transport" in his book
"Great to Extraordinary." A's gathering skill to enroll and hold the best workers is the most
important phase in making it fruitful. The capacity to help others (cooperation), the ability to adjust
to change, and the competitor's correspondence capacities ought to be generally thought about by
businesses while pursuing employing choices (oral and composed). For an association to keep on
finding success, finding the proper applicants is critical. Kevin J. Donaldson who is a Business
visionary, Creator, and Business Mentor once said, "Recruiting some unacceptable individuals is the
quickest method for subverting a feasible business."

Developments:
The purpose of development is a rise in the level and quality of life of the population, and the
creation or expansion of local regional income and employment opportunities, without damaging
the resources of the environment. Development is visible and useful, not necessarily immediately,
and includes an aspect of quality change and the creation of conditions for a continuation of that
change. Development is a process that creates growth, progress, positive change, or the addition of
physical, economic, environmental, social and demographic components.
1. Flexible work options offered: The Corporation can choose the best employees with
specialized expertise by hiring outsiders for a particular contract without having to worry
about having a sizable budget put aside.

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2. Women joining back to the workforce: Companies that are ready to take a chance on talented
women in intervals after childbearing or schooling are encouraging change more and more. Given
that they support the Indian female population.
3. Moving to better technology: Recruitment agencies are aware that evaluating sizable talent
pools takes time and depletes company resources.
4. Using Social Media Channels: Using the social networks that millennials use is the only
effective way to contact them. With straightforward messaging, status updates, or narratives in job
roles or social media profiles, a wider applicant pool can be accessed.
5. Remote Hiring Process: With so many employment companies emphasizing this as their USP,
video interviews have become a popular source. While conventional hiring practices call for face-
to-face interviews in the recruiter's office; recruitment trends for 2021 indicate we are embracing
new approaches.

All parties engaged in the recruiting process lose time (and money) that they could use on other
tasks as a result of the time spent reviewing resumes, evaluating applications, and scheduling
interviews with the top applicants. The selection process can start once your recruitment strategy
has been designed, candidates have been attracted, and you have a large pool of candidates to
choose from. The decision to hire someone is typically made by managers and supervisors, however
human resource management (HRM) has the responsibility of defining and assisting managers in
this process. The methods taken to identify candidates with the necessary credentials to fill a present
or future job vacancy are referred to as the selection process.

Process of selection consists of 5 aspects:


Criteria Creation: Developing criteria include deciding which sources of data will be
analyzed and how they will be graded during the interview. The job evaluation and job
descriptions should directly link to the criteria. In truth, the job evaluation and job
requirements may contain some elements that serve as the actual criteria. Include additional
factors like personality or competency, which would also be a component of developing the
criterion. During this procedure, it is customary to discuss the qualifications needed for each
job, including the necessary knowledge, aptitude, and personality traits.

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A biographical information sheet or an application may be required by some organizations.
Most applications are performed online and should contain details about the applicant's
background, education, and prior employment. The HR manager can ensure that they are
being impartial when choosing candidates for interviews by creating the criteria before
looking through any resumes. The procedures of interviewing, such as defining criteria,
examining resumes, developing questionnaire form, and weighing the prospects, should be
thoroughly taught to everyone associated with the hiring process. Planning the interview
procedure, which includes developing interview criteria, is the first step in the selection
process.
Application and resume review: Although different people approach this process in
different ways, there are also technology tools that can hunt for specific keywords in
resumes to reduce the number of resumes that need to be read and evaluated. Applications
can be assessed after step one, the development of the criteria.
Interviewing: A phone interview may be used to further whittle down the field since many
people do not have the time to interview twenty or thirty prospects. The HR manager and/or
management must choose those applicants for interviews after determining which
applications match the minimal requirements.
Test administration: Tests can be given once the pool of applicants has been reduced.
Before making a recruiting choice, a variety of exams may be given. These consist of
physical, psychological, personality, and cognitive testing. Additionally, some businesses
run background checks, credit reports, and reference checks.
Making the offer: Compensation and benefits will be defined in an offer. The last step in
the selection process is to offer a position to the chosen candidate. Development of an offer
via e-mail or letter is sometimes a more formal part of this process.

1. ADVERTISEMENT-: These advertisements attract applicants in large number of


highly variable quality. Advertisement can be given in newspaper and professional
journals. Preparing good advertisement is a specialised task. If a company wants to
conceal its name a blind advertisement may be given asking the applicants to apply to
post bag or box number or to some advertising agency. It is a method of recruitment
frequently used for skilled workers clerical and higher staff.

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2. EMPLOYMENT EXCHANGES-: The job seekers and job givers are brought into
contact by the employment exchange. it has been made obligatory for the business
concern to notify their vacancies to the employment exchange, in certain cases. it is often
used as a source of recruitment. Employment exchange in India is run by government.
For unskilled semi-skilled clerical posts etc.
3. SCHOOLS COLLEGES AND UNIVERSITY-: The students are spotted during
their studies.Junior level executive or managerial trainees may be recruited in this way.
A close relation between the company and the educational institutions helps in getting
suitable candidates. Direct recruitment from educational institutions for certain jobs
which requires technical or professional qualification has become a common practice.
4. RECOMMENDATION OF EXISTING EMPLOYEES -:If recommended leads to
favoritism it will impair the morale of employees. In certain cases, reward may also be
given if the candidates recommended by them are selected by company. The present
employees know both the company and the candidates being recommended. Hence some
companies encourage their existing employees to assist them in getting applications from
person who are known to them.
5. FACTORY GATES -: The major disadvantage of this system is that the person
selected may not be suitable for the vacancy. The desirable candidates are selected by the
first line supervisors. Certain workers present themselves at the factory gate every day
for employment, this method of recruitment is very popular in India for unskilled or
semi-skilled labor.
6. CASUAL CALLERS -: In the advanced countries this method of recruitment is very
popular. It is most economical method of recruitment. Those personnel who causally
come to the company for employment may be considered for the vacant post.
7. LOBOUR UNIONS-: It is advantageous from the management point of view because
it saves expenses of recruitment. In certain occupation like construction hotels maritime
industry etc., all recruits usually come from union However, in other industries unions
may be asked to recommend candidates either as a goodwill gesture or as a courtesy
towards the union.

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8. OTHER SOURCES-: This includes special lectures delivered by recruiter in
different institution though apparently these lectures do not pertain to recruitment
directly. Apart from these major sources of external recruitment there are certain other
sources which are exploited by companies from time to time.

HRM-Human Resource Management

Human Asset The executives (HRM) is an aggregate term for every one of the proper frameworks
made to help in overseeing representatives and different partners inside an organization. Human
asset the board is entrusted with three primary capabilities the enlistment and pay of representatives,
and assigning work Preferably, the job of HRM is to track down the most ideal way to build the
efficiency of an association through its representatives. Despite the steadily expanding pace of
progress in the corporate world, the HRM job is not probably going to change in a huge manner.
Until recently, a company’s HR department was categorized in the lower rungs This is surprising
considering the crucial role that this department plays in replenishing and nourishing an
organization’s resources.

Human capital is of three categories-

Intellectual capital –consist of specialized knowledge


Tacit knowledge and skills
Cognitive complexity and learning capacity.

Consequently, HRM can be characterized as a cycle pf getting, creating, and keeping up with
able HR in the association which are accomplished in a powerful and proficient way.

As per the definition, the level of success of the organization/institution in achieving its long-term
goals depends on the recruitment and selection process. It is all about selecting the right person at
the right time for the right job at the best possible position.

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It seems quite simple, but it is not an easy job to determine which job is positive from a job seeker's
perspective. It is the core competence that is important. In other words, effective recruitment and
selection determines not only the right candidate for a job but also the long-term success of an
organization.

Recruiting and selection is a multifaceted concept. The purpose of recruiting and selecting is to
determine the number of personnel required. The Human Resources department identifies sources of
recruitment and finds suitable candidates for employment. Depending on the types of personnel
required, internal and external sources of manpower are used.

In the present business environment an employee, on whom an organization’s profitability depends,


comprises the largest fixed cost than an organization incurs. In the past, individual used to work
with one or two organization during their entire working life (average between 20-30 years)
organization too used to believe in life time employment concept However, such concepts are being
eroded as a result of the unpredictable business environment Hence, organization have to evolve
methods not only to improve productivity but to also to keep the cost down.

On the HR front manpower can be improved by ensuring that the organization attracts the best
talent at the lowest possible cost. This objective translates in to the adoption of the best recruitment
and selection methods and instituting measure to retain and develop them Further a quantitative
measurement or recruitment and selection effectiveness must be conducted to prove one’s point
with respect to qualitative measure to improve HR effectiveness, the field is in nascent stage.

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CHAPTER-2
REVIEW OF LITERATURE

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2.1 Human Resource Management Practices (HRMP)

An association that performs HRMP like turn of events, preparing, choice, arrangement, and pay
framework can accomplish objectives and foster procedures really what’s more, deftly and is
likewise ready to execute approaches inside the association, HRMP is steady with inside strategies
and strategies laid out and applied to guarantee the association’s add to accomplishing the
association’s objectives, concocting answers for creating human to assist with working on the
capacity, opportunity, and inspiration of workers (Nguyen et al., 2020). An examination paper on
"Changing Scene of Enlistment Industry: A Concentrate on the Effect of Man-made brainpower on
Dispensing with Employing Inclination from Enrollment and Choice Cycle" approved by Ravindra,
P. V.; Satish, Y. M.; Singh, Padmalini, distributed by American Logical Distributers on first
September, 2020. This paper endeavors to introduce the effect of computer-based intelligence on
enrollment and determination process, joining of man-made intelligence in taking out oblivious
predispositions during recruiting. The review resolves the rising inquiries, for example, how
computer-based intelligence has changed the scene of enlistment industry, job of simulated
intelligence in enrollment and choice cycle, whether simulated intelligence can assist in taking out
the oblivious predisposition during enrollment and determination with handling. To reveal the
comprehension and sort out the potential arrangements that computer-based intelligence brings to
the HR interaction; a broad survey of writing has been done. It is closed by dissecting the previous
commitments that man-made intelligence offers likely answer for enlistment chiefs in advancing the
enrollment and choice cycle and can discredit human predispositions common during recruiting.
What's in store hangs tight for expanded knowledge advances extending to improved results taking
over monotonous managerial positions totally.

There have been numerous changes in the business environment over the last several
decades, organization must understand how work to improve performance (Rahmanian,
et al., 2019). Therefore, this concept has effectively employed to realize fundamental
improvements of performance in the organization, thereby leading the organizations
successfully in the highly competitive environment (Patidar, et al., 2019). An Exploration paper on
"Effect of Computerized interruption on human resources of banking area" created by Mrs. M. Rathi
Meena, Dr. G. Parimalarani in August, 2019. Banking area has been going through fast change with
the arising new advances.

24
At first financial area began utilizing data innovation with the presentation of independent PCs and
afterward push ahead to neighborhood network. Further progression of advancements, banking area
is in Data innovation unrest making ready for acquainting conventional activity with computerized
change by involving new innovations in financial activity. It permits the banks to expand the solace
of the clients, lessen the activity cost and deduct the human blunder. Then again, banks have been
confronting various difficulties while taking on innovation in their tasks like administrative dangers,
expanding level of contest, functional gamble, and human resources challenges. In that human
resources challenges assumes a crucial part among different difficulties. The principal motivation
behind the review is to distinguish the different provokes looked by bank representative because of
mechanical disturbance and to concentrate on the effect of human resources challenges in workplace.
To accomplish the objective the review, scientist gather the information from different books,
diaries, sites and so on.

Carolyn, et al. (2018), defined continuous improvement as a process that aims to control
production costs and improve quality through optimize information, physical flows, and
products. Chen, et al. (2018), he described continuous improvements as the “Continuous
identification and elimination of waste”. Another definition for continuous
improvement is provided by Shaefer (2018), Shaefer call it is an ongoing effort to improve
maintenance aimed at maintenance process simplification and reduction or elimination of
maintenance process waste. "Recruitment and Choice in Banks: A Relative Report in Kerala"
distributed by Raji Iype on tenth August, 2018. To concentrate on the Enrollment and Choice
Practices in broad daylight, private and new age banks. For any association, dealing with individuals
needs great Human Asset the Executives Practices for the productive working of the association.
Banking has forever been a group business, as it is a help industry. Proficient and compelling
administration of the human asset in the association transforms it into a fruitful one. The principal
point of HR the executives is to make the progress of association through the production of gifted
and inspired labor force. Human asset the board remains on the groundwork of a few practices like
enlistment and choice, breaking down positions, preparing and improvement, execution examination,
profession arranging, remuneration, and representative cooperation in various exercises. For
accomplishing authoritative goals, it is vital to take on better Enlistment and choice practices.

25
According to Deshler (2017), there are five steps in training and development process.
The first step involves a testing procedure to identify the specific job performance
skills
required; this step appraises the trainees’ skills. Training and development are important in the
world of business especially in the increasing competition and challenges between the companies to
survive and keep companies alive and to achieve the competitive advantage and get the best results
organization must provide training and development programs that improve staff skills
and enhance their performance (Chaudhary and Bhaskar, 2017). Research paper on "A Scientific
Investigation of Effect of HRM Practices on Occupation Fulfillment in Confidential Financial Area
in India" distributed by Rajiv Chopra in 2017. This paper means to underscore that there exists a
relaxed linkage between HRM practices and occupation fulfillment. An endeavor to look at and
examinations the effect of HRM rehearses on work fulfillment of the representatives has been made
in this paper with explicit reference to the confidential area banks in India. In the courses of
assessment, the assessed relapse model distinguished that HRM rehearses like preparation,
execution examination, collaboration and pay bundle and award essentially affect the work
fulfillment of the representatives of banks. The end is that the manner in which an association deals
with its HR has a critical relationship with the association execution.

According to Struck man and Yammering (2016), continuous improvement encourages an


organization to undergo a learning process to develop and select optimal solutions to
problems. Other benefits can be obtained by implementing continuous improvement are
related to the financial performance of the organization. For instance, Salona and Dyk
(2016) suggested that continuous improvement can allow companies to reduce inventory
waste, decrease manufacturing cycle times and labour, increase service quality and
product quality in facilities by, positively impacting profits, system flexibility, cash flow,
and delivery accuracy. Benefits can also be gained by implementing continuous
improvement on organizational culture and employee satisfaction (Sánchez, 2016)

Recruitment and selection process normally involve creating a job advertisement


based on the job analysis and the job description of a vacant position; afterwards, the
position is, advertised widely to attract many applicants, and then the best candidate
is identified using validated tests and interviews (Adewunmi, 2015). "HR Difficulties and Issues in
Protection Industry: An Observational Review" distributed by Hardeep Singh; Bikram Buddy Singh
on eighth October, 2015.

26
This paper chiefly centers around the HR Issues and Difficulties in Protection Industry. To direct
this review, exploratory subjective methodology has been by and by. Hypothetical edge work has
been created from the writing, information gathered from the different wellsprings of proof
notwithstanding books, papers, diaries, sites, and other expert magazines. Essential information has
been gathered utilizing a study that was directed, in view of refined poll with protection specialists,
ranking directors, Presidents, and troughs/officials.

HRM practices, namely staffing, training and development, performance appraisal compensation
management, safety and health, and industrial relations. In addition, Obeid at, et al., (2014) included
the practices of job design, and teamwork as important HRM practices. Training is the most
important factor in the business sector since training provides numerous benefits. “E-Recruitment &
E- Human Resource Management Challenges in the Flat World: A Case Study of Indian Banking
Industry (With Special Reference to ICICI Bank, Jaipur)” published by Dr. Ankita Jain, Ankita
Goyal on 1st January, 2014. The aim of this research paper is to determine what all E-Recruitment
strategies are used by the organizations in India after being globalized. For this purpose, a study has
been made in some of the reputed banks of India. This study has been conducted in Jaipur city; the
study identifies the overall processes and methods of e-recruitments, it also studies whether it’s
challenging for the manager and relevant advantages & limitation of E-Recruitment. "Arising Issues
and Difficulties for HRM in Open Areas Banks of India" distributed by Shalini Shukla on fifteenth
May, 2014. This study is centered around the issue of significant difficulties looked by HR
administrator in Open Areas Banks in India to adapt to the natural changes for seriousness.
Considering the subjective investigation of different useful troughs and auxiliary information this
study features the different HRM issues experienced by open area banks of India. Present review
has number of suggestions for HR chiefs, strategy producers and HR experts.

Training develops competencies such as technical, human, conceptual and managerial for the
furtherance of individual and organization growth (Kulkarni, 2013). Asthenopoulou Georgia (2013)
gave teamwork the essential ideas of enlistment and choice of the HR framework, by and large, and
more explicitly in the protection area. The initial segment gives completely to the peruse the
meanings of dements and determination, their motivations, strategies, and key stages.
Enlistment188features every candidate's ability, gifts, and experience.

27
Their determination includes fostering a rundown of competitors, characterizing a choice system,
identify, completely assessing and choosing the top competitors. Because of the way that the
dement and determination capability inside numerous associations has encountered especially fast
worldwide openness, the variables that impact dements and determination in global associations are
being referenced, stressing on social factors, the qualities of an effective worldwide supervisor and
exiles.

While Hussain and Ahmad (2012) considered HRM to be a system that attempts to realize an active
balance between the personal interests of people and their economic added value. “HRD in
Emerging Economies- Research Perspectives in Indian Banking” written by Prachi Bhatt and
published by Shri Ram Centre for Industrial Relations and Human Resources on 4th April 2012.
This paper ascertains various challenges that Indian banking industry is facing and the subsequent
requirement of change in HRD paradigm. The article forms the foundation for further diligent
research in the area and identifies the missing links in research which are crucial to pave way to the
future of HRD and performance of Indian banking. “A study on importance of recruitment and
selection process” by Ms. M. Anoosha in 2012 to understand the current Recruitment Policies being
followed at Manasi Systems Technologies Pvt. Ltd conducted this study and to know how
effectively it is being implemented in the organization.

Human resource management (HRM) includes all management decisions and


practices that affect the employee of an organization (Bhatt and Reddy, 2011). There
have been
many definitions of human resource management used by different scholars. "Employee
maintenance in financial industry" by Sherjung Khadka on Nov, 2011. This study looks at and
examines the worker maintenance in financial industry. A bank is a monetary establishment that
acknowledges stores through various types of records and loans those stores either straightforwardly
or in a roundabout way. Banking industry is by and large an exceptionally directed and solid
industry.

HRMP and their implementation are among the most important factors in boosting productivity by
enhancing employee satisfaction and achieving job commitment (Khan, 2010; Qureshi and other,
2010). Ashok Chandra and Rupal Chandra (2010) saw that the enrollment and choice Is an
underpinning of human asset the board (HRM) rehearses and its mix to business is basic to
accomplish hierarchical key objectives.

28
Be that as it may, little exploration Needs to date analyzed vital coordination in this human asset
(HR) Practice, and, consequently, little is had some significant awareness of the level and use of
enrollment. What’s more, choice vital incorporation a circumstance that warrants more noteworthy
venture due to the financial development in India in a relating extension of Indian undertakings?
Thus, this study researches the level at which enrollment and determination rehearses incorporate
with business procedures and the general impacts of various levels of such essential joining on
authoritative predominance in 259 Indian undertakings. The outcomes show most of Indian ventures
had an elevated degree of enlistment and choice key joining in business procedure detailing and
execution. In addition, the degree of enrollment and choice key reconciliation was emphatically
connected with development in piece of the pie, benefits and deals, representatives' fulfillment,
representatives' efficiency, and adversely connected with workers' turnover.

The suggestions for HRM experts and further exploration are talked about

HRMP has the potential to encourage innovation within an organization and is a significant
performance predictor. Including sophisticated recruitment and selection, orientation, evaluation,
and training methods in effective HRMP anticipates organizational innovation in products and
services (Shipton et al., 2009). Companies need to constantly modify their HRM procedures to keep
up with the ever-evolving business environment as well as the ever-increasing expectations and
needs of their workforce. This will encourage employee engagement, which in turn leads to
improved organizational performance, employee well-being, and the development of employees to
influence employee behavior and thus advance business objectives.
Daud (2008) defined HRM as a system, policy, and practices that can affect folks that work in an
organization. In addition, Shahnawaz and Jubal (2008) defined Human resources management
(HRM) as all decisions and practice that influence worker within organizations. De Ciera, et al.
(2008, p.5) explained HRM as “the policies, practices and systems that influence employees’
behaviour” Lastly, Burma (2008) viewed HRM is a strategic and clear approach for the
organization’s most valued assets behind on the employees.

According to Jiménez & Valle (2007), businesses must develop a collection of HRM practices that
are internally consistent. Employee performance and development are enhanced by organizations'
training and development programs. Regarding evaluation, it enables the individual to work more
effectively to achieve their goals. Abdullah and co., 2007).

29
Customer satisfaction is one of the critical success factors in today’s competitive
business environment as it influences companies’ market share and customer retention
(Ooi, et
al., 2006). Customers are often considered to be the most important asset of any organization; thus,
the success of an organization depends on its number of customers (Iakov, 2006).
Individuals need to be empowered to perform their assigned tasks effectively. Therefore,
empowerment should be at the core of any successful organizational strategy (Awamleh, 2005). A
successful application of empowerment depends on both managers and subordinates.

Employee empowerment as a strategy that enhance organizational performance; it also


helps with developing a flexible organization that can be capable of adapting to a changing external
environment (Ferit, 2004). When employees experience empowerment and see the impact of their
jobs are having on the organization, they identify more with the goals of the organization and as a
result are more committed to it (Elloy, 2004).

All types of profit or non-profit organizations are seen to be involved in a strategic


planning process (Hough, et al., 2003). Strategic planning deals with making long-term
decision that help organization to respond to changing environments (Volberda, 2003).

Suklev and Debarliev (2002) described strategic planning as activities that are geared towards
obtaining success and remaining competitive in any sector. An appropriate strategic plan helps
organization to change their plans according to market needs; it focuses on the organizational
planning process (Brah and Lim, 2002).

McNamara (2001) defined strategic planning as a disciplined approach to producing fundamental


decisions and actions that gives guidance and direction to members of an organization with
particular emphasis to their role of products and services delivery. According to Rahman (2001),
strategic planning its principle is collaborative and flexible to create and describe a better future and
to address diversity of problem. In addition, David (2001) described strategic planning is a process
of accomplishing the established vision, mission, and goals of the organization.

30
The business sector is currently experiencing intensive competition with both local and
international players in the market; if businesses fail to deal with these changes, they
are likely to lose substantial market share and profit.

Finding a suitable position in an intensively competitive environment is the key to survival and
long-term profitability for a business, and this goal is only possible through creating and keeping
competitive advantage (Gareche, et al., 2000). Currently, all the market players are fighting for them
share in a highly competitive environment, but only a few market leaders are focusing on
the competition: therefore, these leaders can survive while the others die
out (Essays, 2013).

2.2 Employee Performance (EP)

The pattern of planned deployments and activities of human resources intended to help an
organization achieve its objectives is referred to as HRMP. It encompasses all of an organization's
efforts to influence people's behavior in order to fulfill a company's strategic needs (Nishii &
Wright, 2008). According to Saleh et al., there is a correlation between performance and return; the
higher the return, the more effective the performance. This, in turn, has an impact on the
employee's ability to carry out the tasks given to them. 2020). Human resources assist the
organization in achieving its goals of producing a high-quality product, and the positive factor
performance generates profit. According to Liao, job performance is defined as an employee's
ability to carry out the responsibilities assigned to them by the organization, and the performance
must be satisfactory in relation to the objectives established by the organization.
Employees are the force that drives a company forward. So, it should come as no surprise that the
daily performance of the workforce hugely influences the success or failure of a business.
To stay successful in today’s market, businesses must find ways to maintain and bring out the best
performance from their employees. Not only does this help to hire, retain and develop the best talent,
but by helping staff to grow within their roles and responsibilities, the company can build a pipeline
of future leaders. All contributing to long-lasting success.
Working to improve employee performance is an ongoing process that involves measurement,
evaluation, and planning, but it's also a vital step to achieving company goals.

31
Put simply, employee performance is how a member of staff fulfils the duties of their role,
completes required tasks, and behaves in the workplace. Measurements of performance include the
quality, quantity, and efficiency of work.
When leaders monitor the performance of employees, they can paint a picture of how the business is
running.

This not only helps to highlight what companies could be doing in the present to improve their
business, but this information also feeds into future growth plans.
However, placing a focus on employee performance doesn’t just benefit the business. It helps
employees to reach their full potential, while also improving overall performance – which can have
positive effects on morale and quality of work produced.
Lastly, but most importantly, when employees are under-performing, customers may be dissatisfied.
As a result, the entire business may be affected by poor performance and struggle to reach goals.

2.3. Job Satisfaction


We typically employ three dimensions in this analysis: Stability, enrichment, and skill in the
workplace. Because job satisfaction is crucial to an individual's performance within an organization,
many researchers have paid attention to it. Employees are supported by HRMP by boosting their
confidence, energizing them, and enhancing their job satisfaction through additional activities and
enthusiasm. This, in turn, makes the individual's job performance more effective at achieving the
organization's objectives.
Because an employee's attitude and beliefs can influence their actions and interactions with the
company, job satisfaction is important. The variety of factors that influence an employee's work
experience or quality of life at work can also be viewed in terms of job satisfaction. Employee
behavior is influenced by HRMP, according to social exchange theory and signal theory. According
to social exchange theory, employees reciprocate in kind what they receive from an employer in an
exchange relationship. Employees will be more satisfied with their employer if HRMP provides
maximum organizational support.
The individual and organizational behaviors are both described by signaling theory. Employees will
respond to HRMP's influence on their behavior as "signals" conveying the organization's purpose to
them, resulting in effective and high job performance.

32
Employees interpret the organization's signal and exhibit maximum job performance if the HR
practices are signaled in such a way that they are interpreted as fair, just, and in accordance with
their needs. An acceptable study of the effect of HRMP on EP is job satisfaction. As a result, in
order to examine job satisfaction within the context of HRM practices, we typically investigate the
following hypotheses: performance.

Job satisfaction and job performance are both very important aspects for companies and employees.
Job satisfaction is when the individual feels satisfied enough to perform the job as expected. Job
performance is how good or bad an employee does his / her job. This study has examined the impact
of job satisfaction on the performance of employees in companies and government sector in Saudi
Arabia. The study attempted to identify the concept of job performance and job satisfaction, as well
as to examine the impact of job performance and job satisfaction. Primary data is collected through
an online survey of 100 employees across private and government sector organizations in Jeddah,
Saudi Arabia. The results have shown that in general, the employees from both government sector
and private sector are satisfied with their job. In addition, results have shown that motivation, salary,
leadership, and productivity is the key elements in ensuring job satisfaction among the employees.

Factors That Determine Your Employees’ Satisfaction Levels: -

Does your company care about its employees?

Remember, it’s not enough to only care – communicate this care regularly to employees through
newsletters, rewards, informal recognition, paid incentives, and other forms of communication.
Companies with a high job satisfaction level, such as Google and Starbucks, also feature employee
happiness and satisfaction stories as part of their communication strategy.

Does the workplace have room for employees to engage in their hobbies?

Today, most of us spend a significant part of the week at work, but this doesn’t mean we want to
ignore our hobbies or personal interests. A workplace where employees have enough free time to
read a book, catch up on the news, have a pleasant meal, for example – and where such behaviors
are not considered slacking off – will better enable job satisfaction.

33
What is the average interval between promotions?

The current business environment is fast-paced, and employees will switch to greener
pastures if promotions aren’t forthcoming.

A good rule of thumb is to keep the interval between employee promotions below the
average employee tenure. For example, if employees stay with your company for five years
and two months on average, promotions should be scheduled at least at two-year intervals. If
such transitions aren’t possible, provide cross-training programs to give every employee a
chance to explore new roles in the organization. More importantly, inform your employees
about the promotion policies in your organization so they know what to expect and when to
expect it.

Do employees feel respected by their peers?

A workplace where employees feel regularly criticized or under some type of scrutiny is ripe for
dissatisfaction. You can detect their dissatisfaction via one-on-one conversations with employees, or
through anonymized data collected via employee satifaction surveys and then take appropriate
measures to improve their experience in this area.

Is there a culture of two-way feedback?

Employees need regular feedback (both positive and constructive) to know that they are on the right
track. Also, they want to share their opinions with managers/HR/senior management to guide the
future of the company. This culture of two-way feedback is essential to maintaining employee
satisfaction. It is doubly necessary for you to act on the feedback you receive.

34
Where do you stand on the issue of work-life balance?

Companies must try to build a non-toxic culture of high performance, where productivity isn’t
prioritized over well-being. Positive work-life balance is integral to this.

As per the 2019 Workplace Happiness Report by Udemy Opens a new window , work-life balance
adds meaning to the job for 37% of professionals. Mandatory work-from-home days, paid time off,
and flexible working benefits are great ways to help employees achieve this.

How do employees rate their relationships with their reporting heads?

We have all heard the axiom that employees don’t quit jobs, they quit bosses. And this is confirmed
by studies – a poll by Gallup found that 75% of voluntary attrition can be attributed to the behavior
of immediate supervisors and not the job itself. Again, targeted job satisfaction surveys
(implemented on a team-by-team basis) can help root this out.

Does your organization follow fair and inclusive policies?

Diversity and inclusion in the workplace have a positive impact on the business bottom line, while
also improving a company’s culture and work environment. By ensuring fairness toward all your
employees, regardless of age, gender, or disability, you can increase the average level of satisfaction
across the company. In other words, job satisfaction shouldn’t be limited to a select few – everyone,
across the company, should experience the same level of well-being.

2.4. Employee Engagement

The degree of an employee's commitment and involvement in the company and its values is known
as employee engagement.

35
According to Nishii & Wright (2008), when an employee is engaged, they are aware of their role in
achieving the company's objectives and inspire others to do the same. An increased opportunity for
development, an increase in the organization's goal of productivity, and ultimately success in
organizational performance will occur when individuals and the organization share confidence and
commitment.
The employee's involvement in achieving the organization's objectives, as well as the ways in which
this involvement is effective for the sake of creativity and the presentation of ideas, which influence
organizational decisions.

Participation by employees contributes to the organization's internal knowledge expansion.


Employees' participation in the organization is successful because they do not feel discriminated
against or used in a negative way. Any business that wants to achieve commitment to the company's
values and performance must involve its employees.
Employee engagement can be critical to a company's success, given its clear links to job satisfaction
and employee morale. Communication is a critical part of creating and maintaining employee
engagement. Engaged employees are more likely to be productive and higher performing. They also
often display a greater commitment to a company's values and goals.

Employers can encourage employee engagement in many ways, including communicating


expectations clearly, offering rewards and promotions for excellent work, keeping employees
informed about the company's performance, and providing regular feedback. Other strategies
include making efforts to make employees feel valued and respected, and feeling that their ideas are
being heard and understood. Engaged employees believe that their work is meaningful, believe that
they are appreciated and backed by their supervisors and that they have been entrusted with the
success of their company.

Employee engagement has been a considered part of management theory since the 1990s and
became widely adopted in the 2000s. While it has its detractors, mostly based on how difficult it
can be to measure, employee engagement has been found to have direct links to a company's
profitability and financial health.

Engaged employees often develop an emotional connection to their job and company and will be
focused on working toward their organization's goals. While companies may define employee
engagement according to their own needs, the basic characteristics of an engaged employee are:

36
They know what their role is, what their job entails, and they want to do it.
They are loyal to their employer and productive.
They are motivated to work toward the success of their organization and know what success
looks like (and how to work toward it).
They are connected rationally and emotionally connected to their organization and
motivated to perform at a high level.
They are intellectually and emotionally connected to their organization, as measured by
three primary behaviors according to outsourcing company Aon Hewitt: Say (an employee
consistently speaks positively about their employer to co-workers, customers, and job
candidates); Stay (an employee has a strong desire to remain with an organization despite
having other opportunities); Strive (when an employee makes an extra effort to contribute to
their organization's success).

Employee engagement should be a manager's primary role responsibility. Managers oversee


ensuring that employees know what work needs to be done, supporting, and advocating for them
when necessary, and explaining how their work connects to organizational success. To succeed in
that responsibility, managers need to be equipped to have ongoing coaching conversations with
employees. Unfortunately, most managers don't know how to make frequent conversations
meaningful, so their actions are more likely to be interpreted as micromanaging without providing
the right tools and direction.

So, it's not enough for leaders to simply tell managers to own engagement and coach their teams.

Importance of Employee Engagement: -

In a society where being a career “lifer” is increasingly less common, engaging your
employees from the start is key to retaining the top talent you worked hard to attract.

Because no matter how good of a work ethic and overall fit a person is to your company, their
engagement levels will decrease significantly if you don’t have a plan to support their interests
and needs throughout their career.

37
Only 36 percent of U.S. employees are classified as engaged at work, which is a major issue
for employers. Still, executives and leadership teams often wonder why employee engagement
is important. The following outcomes prove its positive impact on your business:

Engaged Employees Are More Productive

According to a meta-analysis by Gallup, companies with higher levels of employee engagement saw
a 21 percent increase in productivity. The reason? Engaged employees “bought into what the
organization is about and are trying to make a difference,” Gallup’s chief scientist of employee
engagement and well-being, Jim Harter, said in the report. “This is why they're usually the most
productive workers.”

Engaged Employees Lead to Higher Profits

Not only can prioritizing employee engagement save you money, it can actually be more lucrative.
Invest in your employees, and you’ll see it pay off in dividends. On the flip side, disengaged
employees cost companies money. Employee disengagement costs the U.S. economy between $483
to $605 billion annually in lost productivity. When it comes down to dollars and cents, engaged
employees are more valuable.

Engaged Employees Stick Around Longer

Engaged employees are 87 percent less likely to leave their current employer. That’s great news, but
it gets even better. While more than half of disengaged employees would consider leaving their job
for another offer, that number drops to just 25 percent among engaged employees. Once you’ve
gone through the process of hiring a great employee, the last thing you want to do is start from
scratch because they left for greener pastures. Engagement is the best way to make sure that doesn’t
happen.

38
CHAPTER – 3
RESEARCH METHODOLOGY

39
This chapter explains how methodology is used. The first step is to learn about the research setting,
methodology, and design. Following is a description of the recursive method utilized for data
collection and analysis. In addition, it investigates the research's quality and ethical issues.
Research system is the method or procedures used to recognize, select, process, and break down
data about the subject. In an examination paper, the strategy segment permits the peruse to assess a
review's general legitimacy and dependability basically. This part manages the procedure took on in
leading the review. The section is coordinated as follows; research configuration, wellsprings of
information, populace and examining, research instrument (information assortment method),
organization of instrument and investigation of information.

3.1 Research Design


The examination depended on surveying the difficulties that come during the time spent enlistment
and choice. The plan was a spellbinding report which utilized both quantitative and subjective
devices to evaluate the difficulties that come during the time spent enlistment and determination.
The review depended on the utilization of polls. These methodologies were utilized in light of the
fact that they were palatable devices for gathering information for the example populace to
examine the subject under study.
The examination configuration is the overall arrangement you select to coordinate the many review
parts in a legitimate and apt way, so guaranteeing you will effectively answer the exploration
subject. It fills in as the aide for information gathering, estimation, and examination. Remember that
the kind of plan you ought to not entirely set in stone by the review challenge, not the reverse way
around!

3.2 Objectives of the study


The main objective of this study is to examine Importance of Human Resources management in
promoting employee’s performance. Specifically, it seeks
1. To examine role of Human Resources Management in an organization.
2. To examine the importance HRM in organization.
3. To determine if HRM promotes employee’s performance.
4. To examine the transparency in Employees Performance.

40
3. 3Sources of data

In the research process, data analysis forms the basis for all data analysis work. Data is a collection
of unorganized facts and numbers gathered from a variety of sources. Data sources can change
depending on the research requirements. Data analysis and interpretation are only possible by
gathering data from their sources. Researchers or analysts collect data in order to gather information.

Data is the backbone of any data analysis work done in the research process. Data is a collection of
unorganized facts and numbers from different sources. The sources of data can be different
depending on what the research needs. Data analysis and interpretation are based solely on
gathering different kinds of data from their sources. Researchers or analysts do the work of data
collection to collect information. From this blog, we will learn about the definition of data sources
with types and examples. So, stay with us to know more about it.

Data can be gathered from two places: internal and external sources. The information collected from
internal sources is called “primary data,” while the information gathered from outside references is
called “secondary data.” For data analysis, it all must be collected through primary or secondary
research. A data source is a pool of statistical facts and non-statistical facts that a researcher or
analyst can use to do more work on their research.

Data can be gathered from two places: internal and external sources. The information collected from
internal sources is called “primary data,” while the information gathered from outside references is
called “secondary data.” For data analysis, it all must be collected through primary or secondary
research.

3. 4 Instruments used
The analysis is done with the help of excel through tables and line graphs.
3.5 Tools and techniques of analysis
By using formula and interlinking technique, the analysis is done.

41
CHAPTER – 4

DATA ANALYSIS AND INTERPRETATION

42
4.1 Information examination is the most common way of cleaning, changing, and handling crude
information, and removing significant, applicable data that assists organizations with settling on
informed choices. The strategy diminishes the dangers inborn in navigation by giving valuable
experiences and measurements, frequently introduced in outlines, pictures, tables, and charts.
There are different various procedures through information examination could be completed in a
powerful way. There are various methodologies prompting fluctuated procedures with various
names which are being utilized by various explores to do the exploration cycle in a sufficient way.
There are many kinds of information investigation methods. A portion of the information
examination techniques are viewed as principal in nature for instance illustrative, exploratory,
inferential, prescient, and causal. A few techniques are viewed as more unambiguous in nature
which is called subjective information examination strategies. The subjective examination alludes to
the actual show of the information as examples, colors. It incorporates specifically show of
information (Khan, Talib& Faisal, 2015). The quantitative examination centers around the
mathematical show of the statistical data points. The quantitative show of the information should be
possible by utilizing different factual devices, graphical apparatuses, and so on.
Data interpretation is the process of reviewing data and arriving at relevant conclusions using
various analytical methods. Data analysis assists researchers in categorizing, manipulating, and
summarizing data to answer critical questions.

In business terms, the interpretation of data is the execution of various processes. This process
analyzes and revises data to gain insights and recognize emerging patterns and behaviors. These
conclusions will assist you as a manager in making an informed decision based on numbers while
having all the facts at your disposal.

Importance of Data Interpretation

Raw data is useless unless it’s interpreted. Data interpretation is important to businesses and people.
The collected data helps make informed decisions.

Make better decisions

Any decision is based on the information that is available at the time.

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People used to think that many diseases were caused by bad blood, which was one of the four
humors. So, the solution was to get rid of the bad blood. We now know that things like viruses,
bacteria, and immune responses can cause illness and can act accordingly.

In the same way, when you know how to collect and understand data well, you can make better
decisions. You can confidently choose a path for your organization or even your life instead of
working with assumptions.

The most important thing is to follow a transparent process to reduce mistakes and tiredness
when making decisions.

Find trends and act

Another practical use of data interpretation is to get ahead of trends before they reach their peak.
Some people have made a living by researching industries, spotting trends, and then making big bets
on them.

With the proper data interpretations and a little bit of work, you can catch the start of trends and
use them to help your business, or you grow.

Better resource allocation

The last importance of data interpretation we will discuss is the ability to use people, tools, money,
etc., more efficiently. For example, if you know via strong data interpretation that a market is
underserved, you’ll go after it with more energy and win.

In the same way, you may find out that a market you thought was a good fit is bad. This could
be because the market is too big for your products to serve, there is too much competition, or
something else.

No matter what, you can move the resources you need faster and better to get better results.Overall,
data interpretation is an essential factor in data-driven decision-making. It should be performed on
a regular basis as part of an iterative interpretation process.

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Investors, developers, and sales and acquisition professionals can benefit from routine data
interpretation. It is what you do with those insights that determine the success of your business.
Contact QuestionPro experts if you need assistance conducting research or creating a data analysis.
We can walk you through the process and help you make the most of your data.

It involves the interpretation of data gathered using analytical and logical reasoning to determine
patterns, relationships, or trends.

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4.2 ANALYSIS OF THE QUECTIONNAIRE FROM
EMPLOYEES’ PERSPECTIVE ABOUT
IMPORTANCE OF HUMAN RESOURCES
MANAGEMENT IN PROMOTING EMPLOYEES’
PERFORMANCE

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4. 3 Does EP depends on the Recruitment process

80% 20% 20%


YES

NO

Data collected shows that 80% says yes and other 20% do not agree to counter parts.

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4.4 In what ways does HRM promotes employee performance

LEAVES 15

RECOGNITION 60

SALARY INCREASE 5

PROMOTION 20

0 10 20 30 40 50 60 70

Series 1

According to the answers given by the employees in the questionnaire the most motivational factor is

recognition.

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4.5 Does HRM affect the performance of employees.

SATISFACTION LEVEL
100
90
90
80
70
60
50
40
30
20
10
10
0
YES NO

Series 1

90% people said yes whereas 10% said no

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4.6 Can HRM create an impact on the overall productivity of an organization

NO
37%

YES
63%

YES NO

The graph shows that 63% says the HRM create an impact on overall productivity of
an organization whereas 37% disagree.

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4.7 What is the most important quality do you think that can affect employee’s
performance within the Organization.

QUALITY

TEAM WORK 50

DISCIPLINE 10

WORK EXPERIENCE 15

KNOWLEDGE 25

0 10 20 30 40 50 60

Series 1

Significant quality that the association/establishment searches in an up-and-comer is half


cooperation ,25% information 15% of work insight and 10% discipline as told by the told by the
representatives of the association.

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4.8 Does Transparency in HRM affect Employees Performance?

NO
17%

YES
83%

YES NO

Data collected with help of the questionnaire and 83% of people said that transparency in HRM

somehow affects the Employees Performance and rest 17% were of different opinion.

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4.9 Can Job Responsibility and Job Description will be also a part of Employees
Performance?

70

60
60
50

40

30

25
20

17
10
0
0
YES NO YET TO SOME LEVEL NOT AT ALL

Series 1

This graph clearly depicts that job responsibility and job description are not that clearly explained to

the candidates to a satisfactory level.

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4.10 Does HR Provides an adequate pool of Quality applicants

QUALITY APPLICANT

NO
40%

YES
60%

YES NO

Through the criticism we came to know that 60% of workers say that the HR gives a satisfactory
pool of value candidates for the association/establishment and the rest thinks inverse to it.

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CHAPTER - 5

CONCLUSION, SUGGESTIONS AND


RECOMMENDATIONS

55
5.1 Conclusion: -

Center capability of Enlistment and Determination in foundation/association is to work with


execution improvement, estimated in the particulars of functional effectiveness as well as far as
monetary administrations gave. Nature of Human Asset shows capacity of bank to convey values to
client. The essential accentuation should incorporate HRM procedure with business methodology,
HRM technique incorporates overseeing charge, making responsibility, accomplishing adaptability
and further developing edge work.
Recruitment is a critical function in the organization. In order to grow and sustain in the competitive
environment it is important for an organization to continuously develop and bring out innovation in
all its activities. It is only when bank is recognized for its quality that it can build a stability with its
customers. Thus, an organization must be able to stand out in the crowd.

Every endeavour undertaken to accomplish challenging goals, can only be successful under the
experienced and encouraging guidance. I am privileged to have undergone training at the
organizations. As learning never stops my learning at the organizations has come from a lot of
exposure on the job training and close interaction with the organizations.
During my venture I found the associations regards its Human Asset as its resource and make care
to start such strides which help in esteem expansion. The most vital phase toward this path is to
guarantee cutthroat individuals come in the associations consequently enrollment in such manner
turns into a significant capability. The association should continually make do in its enrollment
cycle with the goal that it can draw in best in the business to serve the best. In this way the
association should pay special attention to strategies that can empower it to embrace best enlistment
rehearses.

The presented case study shows preliminary results in implementing production information system.
Requirements' analysis is summarized in the form of a suitable data model together with suggested
subset of key performance indicators. However, on-line data collection, design of a database
architecture, and a suitable software solution for decision support system needs to be developed in
future work.
Center capability of Enlistment and Determination in foundation/association is to work with
execution

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improvement, estimated in the particulars of functional effectiveness as well as far as monetary
administrations gave. Nature of Human Asset shows capacity of bank to convey values to client.
The essential accentuation should incorporate HRM procedure with business methodology, HRM
technique incorporates overseeing charge, making responsibility, accomplishing adaptability, and
further developing edge work.
Recruitment is a critical function in the organization. To grow and sustain in the competitive
environment it is important for an organization to continuously develop and bring out innovation in
all its activities. It is only when bank is recognized for its quality that it can build a stability with its
customers. Thus, an organization must be able to stand out in the crowd.
Every endeavor undertaken to accomplish challenging goals, can only be successful under the
experienced and encouraging guidance. I am privileged to have undergone training at the
organizations. As learning never stops my learning at the organizations has come from a lot of
exposure on the job training and close interaction with the organizations.
During my venture I found the associations regards its Human Asset as its resource and make care
to start such strides which help in esteem expansion. The most vital phase toward this path is to
guarantee cutthroat individuals come in the associations consequently enrollment in such manner
turns into a significant capability. The association should continually make do in its enrollment
cycle with the goal that it can draw in best in the business to serve the best. In this way the
association should pay special attention to strategies that can empower it to embrace best enlistment
rehearses.

5.2 Recommendations: -
Electronic innovation allows you to speed up and quality while decreasing expenses. Right now,
work sheets comprise the greatest utilization of the web, offering admittance to huge number of
resumes in practically no time. Organizations have started to utilize the web to gather and right
away match information on competitor abilities, inspirations and experience against work standards.
Other utilization of electronic innovation incorporates web-based meeting, competitor appraisal and
testing, candidate self-planning and following. Work the web admirably and you save time for
selection representatives and recruiting supervisor.

57
5.3 Suggestions
Better analysis can be done with the help of other soft wares.
More years can be included in order to collect the data with higher confidence level.
This study used the demographic analysis method. A weakness with demographic analysis is that it
generally does not provide enough information to separate errors of coverage from errors in
content.
Future analysis is recommended to gain deeper insight into the relationship between HRMP, job
satisfaction, worker training, and performance appraisal. Future research can incorporate
alternative factors/variables in explaining the impact of HRMP on improving EP with job
satisfaction playing a mediating role.
Future studies should investigate these limitations to produce more insights into the impact of
HRMP on job satisfaction.

58
CHAPTER 6
ANNEXURE

59
ANNEXURE

QUESTIONNAIRE FOR THE RESEARCH

Name of the Respondent:


Age:
Department:
Designation:
Tenure in service:

THE ANALYSIS OF HUMAN RESOURCES MANAGEMENT IN


PROMOTING EMPLOYEES’ PERFORMANCE

Q1-Does EP depends on the Recruitment process

a) Yes
b) No

Q2-In what ways does HRM promotes employee performance

a) Promotion
b) Salary increase
c) Recognition
d) leaves
Q3-Does HRM affect the performance of employees.
a) Yes
b) No

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Q4-Can HRM create an impact on the overall productivity of an organization
a) Yes
b) No

Q5- What is the most important quality do you think that can affect employee’s performance
within the Organization.

a) Knowledge
b) Work experience
c) Discipline
d) Teamwork

Q6- Does Transparency in HRM affect Employees Performance?

a) Yes
b) No

Q7- Can Job Responsibility and Job Description will be also a part of Employees
Performance?
a) Yes
b) No
c) Yet to some level
d) Not at all

Q-8 Does HR Provides an adequate pool of Quality applicants

a) Yes
b) No

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