Recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in the organizations. Recruitment refers to the process of sourcing, screening and selecting people for a job or vacancy with in an organisation and placing the Right Person in Right Place at Right Time. Stages of Recruitment Technique Resume’s/CV […]Continue Reading... No Comments.
Recruitment cost refers to all the costs involved in hiring a new employee. It involves the cost of giving advertisement, screening Resume, Conducting interviews etc. Getting an employee on board, job posting through channels to the training part that is involved in the recruitment process. The advertising cost to agency fees, salary of the HR […]Continue Reading... No Comments.
Recruitment refers to the complete process of attracting and selecting a qualified or suitable person for the vacant position through proper interview or screening process. The proper recruitment process is very important for a company as it meets the future workforce demand with some specific skill set and provides a suitable resource for any vacant […]Continue Reading... No Comments.
Knowledge management is an important part of Human Resource Management which aims at sharing knowledge, skills and expertise among all the employees. In the competitive market, it has been very much necessary for all the employees to be updated with the latest knowledge and skills; knowledge management facilitates the same. Knowledge-based organization Knowledge-based in an […]Continue Reading... No Comments.
HR costing and accounting refers to all the costs involved in different HR processes. The main objectives of this HR costing and accounting are to assign monetary value to employee behavior like absenteeism, turnover, job-performance and employee attitude and to assign monetary value to HR activities like recruitment, training and appraisals. Objective of HR Costing […]Continue Reading... No Comments.
According to Porter and Lawler, Job Satisfaction is people’s affective or emotional response to their current job conditions. Job satisfaction gets converted to the desire to stay within an organization where job dissatisfaction increases the desire to leave the company. It can also be used as an indicator of Organizational Citizenship, absenteeism and turnover. There […]Continue Reading... No Comments.
New people management refers to merging corporate needs with individual’s needs to motivate the entire workforce. Companies rely on their people as the only source of competitive advantage today and the human resource management ensures the convergence of corporate and individual needs. Structure of New People Management Following are the different structures for New People […]Continue Reading... No Comments.
With the globalization, people have become the most important driver for growth and new businesses. The following points specify the importance of the new people economy Business Management is a combination of know-what, know-why and know-how. If these three questions are answered properly, the business managements become easier to execute. People are the […]Continue Reading... No Comments.
Human Resource Management is the management methodologies which deal with managing all the employees, workforce or human resources in the best possible manner for a particular organization. The organizations include any company, trust, Government entity etc. The human resource management is required for each and every step related to its workforce from their recruitment in […]Continue Reading... No Comments.