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Impact of HR on organization
Impact of HR on organization
Impact of HR on organization
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Case Study Henderson Printing Submitted to: Nathanael Massey Submitted by: Amandeep Singh Student id: 125132 Executive Summary The upcoming paragraphs includes the problems faced by a business firm ‘Henderson Printing’ a manufacturer of accounting books for business use. The owner of the firm ‘George Henderson’ is a good natured person who believes in high quality products and takes all the decisions. The firm is facing several problems such as high costs, no proper methods to follow, employee turnover, financial problems …show more content…
Human resource manager can hire adequate personnel to handle accounting work and production work that can reduce cost of production. H.R manager along with accounting department can set a standardized compensation and reward system for all the employees, this in turn can save cost by giving adequate incentives and increments to deserving employees and not on the bases of personal judgment, moreover, increments and wages should be decided on the nature of work and performance of the employee. Employee turnover can be minimized by motivating employees and providing a fair chance to each employee for promotion and other benefits which also helps to reduce cost. Properly designed and explained job descriptions can reduce conflicts and improve effectiveness. By appointing skilled personnel at production facility, production can be standardized and optimal utilization of sources of productions can be ensured. To meet the financial requirements, firm can take short term loan such as working capital loan to meet payroll requirements .All the above solutions can reduce the cost and increase the revenue of the firm as well as employees …show more content…
Secondly, interview questions should be prepared according to the job to make sure that the applicants who proceeded have the right knowledge required for the position and decision is based on the responses of the applicants. George can form a panel to take interview of individual applicant. After the most suited candidate is selected, George should check the reference and compare the selected candidate with the rest to make sure the right person is selected. Now make an offer and do the paper work. After appointing the human resource manager, George needs to participate in the activities of the H.R manager and make new policies and methods of work to reduce the cost and increase employee
Issue Identification Riordan is experiencing a number of issues which include but are not limited to: a decline in sales, employee motivation, satisfaction and retention; however, due to the various functional specialists, there are different issues within the company. R&D employees are not satisfied with compensation and decreased satisfaction. The IT group feels they are not being adequately recognized for their contributions. Due to the decline in sales, Riordan has had to revise its sales approach and process to better serve customers, however, with the changes came more issues. Employees are concerned about the fairness of incentives and compensation, and do not understand how that will translate effectively into the CRM system.
I have taken an interview of the Human Resources Manager Mr. John Smith of a respected University. I asked him to come for a coffee at Starbucks coffee shop. He did not refuse me and came at time. First, I shared my course content and whatever I knew about course and career. I started with explaining many things regarding human resource management, as he is the most competent Human Resources Manager in my eyes. I started by describing about what our College is teaching about Human Resource Management.
Thesis: Businesses deem financing necessary when they are just beginning, expanding, or recovering; Debt financing and equity financing have many advantages and disadvantages but also change the entire accounting method that is to be considered while running the business. Debt financing has both advantages and disadvantages. Debt financing is a business’ way to start up, expand, or recover by borrowing money from a person or company. The money borrowed has to be paid back along with the interest that was accrued during the length of time the loan was carried out. This option is great for company’s that do not want investors.
The HR manager might provide a document that indicted skills that will become outdated, needed training, new hire expectation and new positions that need to be added. Prepare a report of current employee qualified for promotion. Develop a succession plan, so employees will be trained and prepared to move into new roles. Make available p a recruitment plan; in addition to a flexible staffing program that includes contract or freelance workers as well as temporary
To conclude, my organizational, attentiveness to details and effective communication skills is what makes me a great fit for the Human Resources Manager vacancy. My experience in the healthcare, criminal justice and information technology fields have allowed me to provide respect, dignity and compassion to all persons I have encountered through the delivery of consistent quality service. In order to evaluate my experience I have included a cover letter and resume as
Human resources to hire and manage workforce, employee education, competencies and required compliances. Wages and benefits and risk management.
Henderson printing is single owned company where quality matters more than anything. It has no proper system of payroll or any kind of benefits given to the employee. There are approximately 80 employee works there and each employee has different pay rates. It is also clearly mentioned in case study that he never formally announced any benefits. Employers who needs raise needs to approach to HHH himself and depending on how much he knows that employee and how long he has been working there he gives the raise. If the employee has his family needs he get paid more that the other ones. The has monopoly on raise on wage system. it clearly proves that Henderson printing system follow classical managerial structure power and decision making. Power
The department usually focused on the employees in the company to maximize the utilization. They have to plans the long term labor force needed in Yakult. It also allocates the position or job of a staff based on their different skill. It has an employee record management system to keep all the staff personnel information in the Yakult’s company. Human resource department also provide training to their employees so that they can develop their hidden skills and work more efficiency or improve their performance appraisals. This department is also responsible with formulating policies for recruitment, promotion, resignation, dismissal and retirement. They also take parts in calculate the salary and distribute salary slip to all the employees of
Human resource is the set of individuals who make up the employees in an organization. It is very important to have human resource in a company, without the help of human resource the business will not grow successfully. Every company has a human resource department, so does McDonald’s. The objective of human resource department in McDonald’s is “to satisfy the internal customers because they are the window to the external customers.” The activities that are held in the HR department are recruitment and selection, training and development, performance appraisal, employee benefits, incentives, medical cover, welfare amenities and health and safety. A restaurant’s manager need to displays managerial and leadership quality, a restaurant’s manager
According to Noe (2012), most experts believe that the most important human resource decision makes by a leader is deciding who to hire. Manager manages the recruitment and selection process. Selection for the best candidates for the job is very important in an organization because the performance always depends on employees, the recruiting and hiring is costly and the legal obligations like mismanaging hiring has legal consequence. The main aim of employee selection is to achieve person-job fit which is identifying the knowledge, skills, abilities (KSAs), and competencies that are central to performing the job. The objective of effective selection is to decide who the right people are, by matching individual characteristics (ability, experience, and training) with the requirements of the job (DeRue & Morgeson, 2007; Kristof -Brown, Zimmermam, & Johnson, 2005). The manager will do checking for reliability and validity of the interviewer. In PPNJ Poultry & Meat Sdn Bhd, the people who manage the recruitment and selection process is the Human Resource department or staffs.
The company that we have chosen as for our report purpose is M.M Enterprise Cash and Carry which is a retail store that provides household goods that is mainly imported from India and other countries for its customers. The store was established in the year 1989; in the past 26 years the retail store had gone through its tough times and as the years has passed the store has progressed well. According to the owner of the retail store, Mr. Mahendran mentioned that it had taken him about 10 years for the company to go through a full swing experience and effort in order the company to progress and currently the company is slowly in the midst of progress. As per our observation that is made, the company has focused on the Indian market
According to Teachers Network Editors (2012), all business need both short term and long term finance. Short term finance are needed for the very first step of the business, for starting up the business and to cover the daily running cost, while the long term finance will help them to grow, to expand and to buy resources. In addition with this classification, the sources of finance are divided into internal and external finance.
Many organizations have maximized the use of cash on hand by effective cash management techniques and the use of short-term financing. This paper will discuss various cash management techniques and short-term financing methods used by organizations.
Human Resource Management (HRM) is fundamentally another name for personnel management. It is the process of making sure the employees are as creative as they can be. HRM is a way of grouping the range of activities associated with managing people that are variously categorised under employee relations, industrial/labour relations, personnel management and organisational behaviour. Many academic departments where research and teaching in all these areas take place have adopted the title department of human resources management. HRM is a coordinated approach to managing people that seeks to integrate the various personnel activates so that they are compatible with each other. Therefore the key areas of employee resourcing, employee development, employee reward and employee involvement are considered to be interrelated. Policy-making and procedures in one of these areas will have an impact on other areas, therefore human resources management is an approach that takes a holistic view and considers how various areas can be integrated.
Recruitment and selection process are important and essential in the human resource management. Human resource management is a functional process that focuses on the management and recruitment of workers in an organization, also giving directions to workers in the organization. The purpose of recruitment and selection process are helping an organization to find the right person for the right position in a job, employees can know which person is suitable and needed in that specific position through the recruitment and selection process. Recruitment and selection process are about how an organization hire and choose workers during this process, employees are going to choose the most suitable workers and organize the most suitable work for them. (Gedaliahui & Shay, 1999)