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Blog 4- Employee Welfare

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  Employee Welfare Figure 01: (Duncan, 2021) Employee welfare is a word that refers to the perks and benefits that a business provides to its employees in addition to their regular compensation or remuneration. The major goal of providing employee benefits services is to increase or enhance the well-being of the employees.   Employee welfare is a word that refers to the perks and benefits that a business provides to its employees in addition to their regular compensation or remuneration. The major goal of providing employee benefits services is to increase or enhance the well-being of the employees. Employee welfare can be defined as efforts taken to make employees' lives more enjoyable. It's a word that refers to the advantages, services, and facilities that businesses provide to their employees in order to make their life easier and more comfortable. It can include things like monitoring and improving working conditions, putting in place health and safety resources and infra...

Blog 3- Bundling in HRM

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  Bundling in HRM   Figure 01: HRM Bundling is the process of connecting and executing a variety of HR practices so that they complement and support one another. This is the horizontal integration  process, also known as the “ complementary  application” (MacDuffi, 1995) , which describes bundling as follows: The concept of a bundle implies that practices inside bundles are interrelated and internally consistent, and that “more is better” in terms of the influence on performance due to the overlapping and mutually reinforcing effects of multiple practices. Dyer & Reeves (1995) state, “the reason in favor of bundling is evident.” Because employee performance is influenced by both ability and motivation, it makes sense to have systems in place to boost both. Why is bundling important in strategic HRM? To achieve organizational goals, strategic bundling of human resource management practices works together as a whole HRM system rather than individual HRM strategies....

Blog 2- HRM Activities - Recruitment, Selection, and Introduction

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  HRM Activities - Recruitment, Selection, and Introduction 23 March 2022 (Figure 1) Introduction Recruitment, Selection & Introduction are important operations in HRM. Recruitment, Selection & induction are the processes of sourcing, screening, shortlisting, selecting, and introducing to the organization the expected candidates for filling the required vacant positions. HRM obligations are to maximize employee strength to meet the employer's strategic goals and objectives. According to Type of Organization (TOO) manpower structure, Dealing with the excess or shortage of resources with the relevant department in an organization. Then Prepare the Recruitment policy as per JD in Standard Operation Procedures (SOPs) for different categories of employees Analyzing the recruitment policies, processes, and procedures of the organization. Identifying the areas, where there could be a scope for improvement Streamlining the hiri...

Blog 1- Human Resources Management 8 Activities

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  Human Resources Management   8 Activities 21 March 2022 Figure 1 : ( Dr. Hung, 2016 ) Introduction H uman  R esource  M anagement (HRM) is an operation designed to the improvement of employee performance and meet the employer’s strategic goals and objectives. The Organization has  S tandard  O peration P rocedures  ( SOP ) and HRM activities to succeed in company objectives. The key performance of the HR department is to capitalize on an organization’s human assets, implementing an SOP of activities that deliver the most efficient and effective efficient output. Human Resources activities are in 8 meanings.  - Recruitment, Selection, and introductions - Personnel Administration  - Training and Development - Performance & Reward Management - Talent Management - Succession & Career Planning - Labor Relationship - HR Planning    How Does HR Add Value to an Organization? Companies’ employ...