Prelim Flashcards
(41 cards)
Is the organizational function of managing and handling one of the most valuable assets of the organization-its employees. It tackles various undertakings performed by a business firm to make certain that workers are handled and managed as human beings worthy of respect and compassion throughout their employment life (i.e., from entry to separation).
Human Resource Management
embraces a wide range of basic business ideas that include recruitment, selection, training and development, performance appraisal, Compensation, safety and health, and other productivity improvement programs. It is important even to non-HR personnel such as employees, supervisors, and leaders.
Importance of HRM
They have to meet a lot of challenges in handling and managing their workers, especially in training, designing a compensation structure, or building a friendly company culture. Thus, the study of human resource management will give these enterprising individuals useful insights and a thorough understanding of the employment cycle, and a broader idea about various human resource practices in order to meet present and future challenges head on.
Entrepreneur
They understand HR management so they may gain a better understanding of their rights and privileges as thinking, feeling, and doing individuals in an organization.
Employees
a good boss should always bear in mind that every HR decision they make and policies they formulate should be anchored to what the job requires and not on certain biases. Thus, studying HR management can provide supervisors and leaders a competitive edge, especially in the aspect of recruitment.
Supervisors and leaders
BEST FEATURES OF HUMAN RESOURCE MANAGEMENT
- It is prevalent in nature
- It is dynamic
- It is individually-oriented
- It is forward looking
- It is employee-oriented
- It is growth-oriented
3 stages of Employment
- Pre-Hiring
- Hiring
- Post-Hiring
Planning Techniques in HR management
- Skills inventory
- Ratio analysis
- Cascade approach
- Replacement approach
- Commitment Planning approach
- Successor planning approach
This approach involves the listing of all the skills possessed by the workforce and they are made to relate to the requirements of the organization. This technique requires detailed information of the experience and training of every individual in the organization.
Skills inventory
This is a technique wherein the personnel who are promotable to the higher positions are identified together with their backup or understudy. There should be a ratio that will ensure that promotions will not create any void. To accomplish this, recruitment must support the backup requirements. At the same time, training must be done to develop the backup ratio.
Ratio analysis
Under this approach the setting of objectives flows from the top to bottom in the organization so that everyone gets a chance to make his contribution. This approach results in the formulation of a plan wherein the objectives of the rank and file get included in the blueprint for action. The plan is then a participatory planning outputs.
Cascade approach
Under this approach, HRP is done to have a body of manpower in the organization that is ready to take over existing jobs on a one-to-one basis within the organization. This approach calls for year-round acceptance of applications for possible replacements.
Replacement approach
This technique involves the supervisors and personnel in every component of the organization on the identification of manpower needs in terms, skills, replacements, policy, working conditions and promotion so that human resource in the organization may be up to the challenge of current and future operations. The units thus become conscious of their needs and aware of the ways the human resource requirements carn be met.
Commitment Planning approach
The approach known as successor planning takes into consideration the different components of the old plan and increase them proportionately by the desired expansion rate stated by management as to the total manpower needs.
Successor planning approach
Common weakness in Resource Planning approach
- Over planning
- Technique overload
- Bias of quantitative
- Isolation of the planners
- Isolation from organizational objectives
- Lack of line supervisor’s inputs
A plan is likely to fail through an inherent weakness of having covered too many aspects of personnel management at the very early stage of HkP in the firm or government office.
Over planning
The use of so many techniques sometimes leads to the gathering of so much information. Then the techniques do not get to be applied effectively. This makes the techniques serve as a trap rather than a means for action.
Technique overload
There are planners in HRP who sometimes make the mistake of being drawn towards emphasizing the quantitative aspects of personnel management to the neglect of the qualitative side.
Bias for the quantitative
When top management has a low regard for human resource activities and for the HR staff, they give little encouragement to HRP activities, ignore the plan and withdrawn support for plan implementation.
Isolation of the planners
When HRP is pursued for its own sake or for narrow viewpoint of concentrating on HRD, the effort leads to the formulation of a plan that does not interphase with organizational development.
Isolation from organizational objectives
Any plan to develop the personnel and to improve the conditions of work must use the feedbacks from the line supervisors, since they are the ones who are handling the personnel in the organization.
Lack of line supervisor’s inputs
4 basic terms of manpower forecasting
- Long-term trend
- Cyclical variations
- Seasonal variations
- Random variations
Long term forecasting is usually done for a period of five years or more depending on the company operations and customer demands.
Long-term trend
This refers to reasonable and predictable movement that occur over a period of one year or more. This cyclical movement may be due to economic conditions, political instability, peace and order, loss in customer demands and societal pressures, These variations typically last for one to five years.
Cyclical variations