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CHAPTER V

MANAGING
THE HUMAN
RESOURCES
Chapter 5
 Roy Robert Salonga
 Russel Alexis Leron
 Adrian Roy Reyes
 Ian Ted Tungol
 Reynald Ludovico
SOURCES OF MANPOWER
Job Fair
Employment Agencies
Internet
Through Friends
Medical Tests
Testing
Interview Questions

Application Form

Job Specifications

Job Description

Recruitment and Hiring Tools


Recruitment and Hiring Tools

Job Description
Job Specifications
Application Form
Interview Questions
Testing
Recruitment and Hiring Process

Recruitment means trying to attract applicants to


apply for a position in a company. Recruitment starts with a
preliminary interview guided by a list of questions. If the
applicant passed this stage , he is asked to filled an
application form and is scheduled for testing.
Preliminary Interview

Filling-up Application Form

Testing

Medical Examination

Final Interview

Orientation and Submission of


other Documents
REJECTION
EMPLOYEE CATEGORIES
Casual / Temporary
Probationary
Contractual
Permanent or Regular Employee
TRAINING
Orientation - it is the first training that
they receive upon joining the company.

• Training could be in form of meetings,


keeping employees informed about
changes in the company , like new policy ,
new rules ,salary increase, new benefits or
even change in their uniform ,will
motivate them.
• Employees may also be sent to attend
seminars or conferences outside the
company or trainors may be asked to
conduct a seminar for the employees.
•For growing business, local
employees may be sent to take a
formal training in a certain field
where the business plans to expand,
on company expense.
WAGE AND SALARY
Wage is the price for services rendered.

SCHEDULE OF WAGES
Position Basic Pay STEPS FOR INCREASE
1 2 3 4 5
Supervisor P13,000 13,500 14,000 14,500 15,000 15,500

Clerk P10,000 10,500 11,000 11,500 12,000 12,500


EMPLOYEE BENEFITS

Benefits are classified as monetary and


non-monetary.The former refers to bonuses,
13th month pay ,allowances and SSS
employer’s contributions, while the latter
comes in a form of free uniform , free
accomodations, free food, free media/dental
assistance, free use of company facilities like
the library and others.
REWARD SYSTEM

Part of managing human resources is


motivation the personnel to give their
best job performance, a reward system
is organized. This is made known to
everybody so that everybody is a
candidate for the reward.
DISCIPLINE
On the other side of the reward system is discipline.

Disciplinary actions are progressive in nature,like:


1st offense - verbal warning
2nd offense - another verbal warning
3rd offense - written warning
4th offense - suspension
5th offense - termination from service
LABOR UNIONS
A labor union is an organization of
workers, ideally, to work as partners
of the business owners or managers
in operating the business.
Presented By:
ROY ROBERT
SALONGA
Parts of
Feasibility Study
 1. The Executive Summary presents the highlights of
the study the are shown in detail in the different
section. The Executive presents the conclusion
arrived at on the feasibility of the project. This part is
very important. Executives are too busy and usually
do not have time to read a lengthy report. But, they
would like to pick up the “gist” of the study and make
quick decision wether the feasibility study is worth
considering
2. The Project Background and History discusses
the proponents of the project or owner of the
project. This section states the name of the
business. It states the form of the organization,
whether stole proprietorship, partnership or
corporation. It identifies the location of the
business. It may conclude a brief history of the
project.
3. The Industry Study involves the analyses of
threat of new entrants and substitute and
bargaining power of buyers of suppliers. The
study will determined the intensity of
competition within the industry. The industry
study will guide you if its still advisable to go in
a business like jollibee or like neibourhood sari-
sari store.
4. The market study consist of market
description, demand and supply, general
marketing practices, proposed marketing
programs, projected sales and system design.
This part of study focuses on the four P’s of
marketing namely, the product, place,
promotion, price. The product is describe; it’s
manner of distribution and promotion; and
finally, the computation of price.
6. The Technical Study consist of the
identification of the product, the process of
acquiring, processing and bringing the product to
the point of sale. The study covers materials,
technology, physical facilities, man power
requirements, cost and system design.
7. The Financial Study consist of projected balance
sheet, projected income statement, project cash flow
over a period of time, usually 5 years. These projection
are base on reasonable assumption. The study shows
computations using financial analytical tools like ratios
and trends and the interpretation of the computation
arrived at. The study test the financial health of the
business. The test are for (a) liquidity, (b) capital
adequacy, (c) profitability and (d) breakeven point.
8. The Socio-Economic Study shows the impact of the
project on the personal. On the community, on the
environment, on the government and the other
benificiaries.

Considering the legal dimension in all aspects of the


study, there are laws and ordinances that must be met.
Labels on the product are important with manufacturing
and expiration dates; wages and benefits should be
mandated by the law; for obvious reasons, projects like
fireworks poultry farm and hog farm are not allowed to
be established in residential areas.
5.1Why Do You Need a Business Plan?
DEVELOP A BUSINESS
5.2 What Goes into a BusinessPLAN
Plan?
5.3 Create an Effective Business Plan
Slide 28

Lesson 5.1
WHY DO YOU NEED
A BUSINESS PLAN?

GOALS
 Explain the purpose of writing a good
business plan.
 Describe the importance of a business
plan.

Chapter 5
Slide 29

THE BUSINESS PLAN


 A business plan is a written document that
describes all the steps necessary in opening and
operating a successful business.

Chapter 5
Slide 30

PURPOSES OF A BUSINESS PLAN


 Explains the idea behind your business and
spells out how your product or service will
be produced and sold.
 Sets specific objectives and describes how
your business expects to achieve them.
 Describes the background and experience of
the people who will be running the business.

Chapter 5
Slide 31

IMPORTANCE OF A BUSINESS
PLAN
 Makes you think about all aspects of your
business.
 May help you secure financing for your business.
 Helps you communicate your ideas to others.
 Can serve as a tool for managing your business.

Chapter 5
Slide 32

Lesson 5.2
WHAT GOES INTO
A BUSINESS PLAN?

GOALS
 Study the seven basic elements of a
business plan.
 Recognize what additional elements may
be needed.

Chapter 5
Slide 33

SEVEN BASIC ELEMENTS


OF A BUSINESS PLAN
 History and background
 Goals and objectives
 Products or services
 Form of ownership
 Management and staffing
 Marketing
 Current and projected financial statements

Chapter 5
Slide 34

HISTORY AND BACKGROUND


 Describing how you came up with your idea can
help lenders, investors, and others understand how
your business will operate.

Chapter 5
Slide 35

GOALS AND OBJECTIVES


 Your business plan should outline your goals—
short-term, medium-term, and long-term.

Chapter 5
Slide 36

PRODUCTS OR SERVICES
In this section your business plan should:
 Explain how your products or services differ from those
already on the market.
 Describe the industry you will operate in.
 Describe the location of your business.

Chapter 5
Slide 37

FORM OF OWNERSHIP
 Identifyyour form of ownership
 Provide information relevant to your form of
ownership

Chapter 5
Slide 38

MANAGEMENT AND STAFFING


 Demonstrate that you and the people working for
you have the experience, maturity, and common
sense to manage your business.

Chapter 5
Slide 39

MARKETING
The marketing section should:
 Identify your prospective customers
 Describe the size of the market for your product or
service.
 Explain how you plan to enter the market.
 Explain how you plan to deal with competition

Chapter 5
Slide 40

CURRENT AND PROJECTED


FINANCIAL STATEMENTS
The financial section has three elements:
 Identification of risks
 Financial statements
 Funding request and return on investment

Chapter 5
Slide 41

ADDITIONAL ELEMENTS
OF THE BUSINESS PLAN
Some businesses need to provide additional information in
their business plans related to:

 Licensing
 Legal restrictions
 Regulations

Chapter 5
Slide 42

Lesson 5.3
CREATE AN EFFECTIVE
BUSINESS PLAN

GOALS
 Research your business plan.
 Organize your business plan.

Chapter 5
Key Steps to devising your Business Plan…
1. Clarifying the vision and the values of the organisation

2. Review the organisation’s current position

3. Identify Ideas- explore assumptions, strategic opportunities and direction

4. Agree the strategic direction

5. Identifying the resources required and the organisation’s capacity to deliver

6. Produce the Business Plan Document

7. Implement the Business Plan

Business & Strategic Planning

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