Chapter 3 Fitness Management- HRM

8/4/2019 Chapter 3 Fitness Management- HRM

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Fitness Management

UNIT III HUMAN RESOURSEMANAGEMENT


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According to Adi Godrej,

all corporate strengths aredependent on people.


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Human Resource Management

The real sources of competitive leverage arethe culture and capabilities of your organization

that derive from how you manage your people.


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Human Resource Management

HRM is the function performed in

organizations that facilitates the mosteffective use of people to achieveorganizational and individual goals.

Ivancevich and Glueck


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Functions of HRM - 1

Managerial

Planning Organizing Staffing Directing Controlling


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Functions of HRM - 2

Operational

Employment HR Development Compensation Mgt Employee Relations

HR Planning

Recruitment

Selection

Placement

Induction

Performance

Appraisal

Training

Management

Development

Career Planning andDevelopment

Job Evaluation

Wage and Salary Admn

Incentives

Bonus

Fringe Benefits


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Think before others think


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Human ResourcePlanning


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Point to ponder

Definition of Human ResourcePlanning

Objectives of Human Resource

PlanningThe Process of Human Resource

Planning

Managing the Forecasted

Demand/SurplusGrowing Importance of Human

Resource Planning


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Opening case

HRP??? NO, Thank you A reputed south Indian university appointed 218 people

on temporary basis and paid them Rs 750/month later

increased to 1575/month.

University already had surplus of these employees eating

away 22% of budget allocation

33% of temporary staff already working for 10 years No laid down procedure for recruitment or appointment, go to vice

chancellor and get your name scribbled on it and your are taken in


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They then realised the guilt of violating Equal RemunerationAct and supressing human rights

What to do with this 218 temoparay staff...?? University can dismiss services of 33% as there have been

breaks in their services. Will they take it?????

While 67% of temporary staff, university can not terminatethem, as there were no breaks

University decides to regularize their services, with 50

available vacancies This would cost the university an exra expenditure of Rs 30

lakh/year. And 1.2 crore for rest remaining...


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Human Resourceplanning

Right number

Right Skills

Right Time

Right Cost


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HRP defined

Process of anticipating andmaking provision for the

movement of people into,within, and out of an

organization


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Objectives of HRP

To maintain

To forecast

To optimize

To utilizeRight Cost

Right Skills

Right number

Right Time


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HRP at differentplanning levels

Corporate level planning

Intermediate levelplanning

Operations planning

Planning short-term activities


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Organizational plansand objectives

Identify future humanresource requirements

Compare with thecurrent HR inventory

Determine the redundantnumbers

Determine the numbers,levels & criticality of vacancies

Analyze the cost & time involvedin managing the demand

Analyze the cost & timerequired for managing surplus

Retrench

Choose the resources &methods of recruitment

Redeploy

HUMAN RESOURCEPLANNING MODEL


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Assessing current humanresources and making

inventory

Job analysis

HR inventory HRIS Generate a fairly accurate

picture existing situation


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MANAGING THE FORECASTEDDEMAND / SURPLUS

Managing future demand

Managing Future Surplus


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Dealing With SurplusManpower

Retrenchment

outplacement

layoffs

Leave of absence without pay

Loaning


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Work Sharing

Reduced work hours

attrition

Early/voluntary retirement


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Growing importanceof HRP


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Thank you

Documents

Chapter 3 Fitness Management- HRM