Latest HR Techniques

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    RECENT TECHNIQUE INHUMAN RESOURCE

    MANAGEMENT

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    RECENT TECHNIQUES IN HUMAN

    RESOURCE MANAGEMENT EMPLOYEE FOR LEASE

    MOON LIGHTNING BY EMPLOYEE

    DUAL CAREER GROUP

    FLEXI TIME AND FLEXI WORK

    TRANING AND DEVELPOMENT

    COLLABORATION MANAGEMENT

    HUMAN RESOURCE ACCOUNTING

    EMPLOYEE PROXY

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    EMPLOYEES FOR LEASE

    Organization depend upon consultancy agencies for theirexpertise knowledge

    Employee have limited knowledge to convert the know how into a

    project

    They provide expert advice also supply human resource forexecuting their project

    These firms pay salary and benefits to the employees irrespectiveto the no of days the employee is sent to organizations on lease

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    MOON LIGHTING BY EMPLOYEES

    FULLMOON

    LIGHTING

    BLUEMOON

    QUARTERMOON

    LIGHTING

    HALFMOON

    LIGHTING

    BLUE MOON TOFULL MOON

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    BLUE MOON TO FULL MOON

    Taking up another job with that of existing job

    Employees depends on other organizations forpart time jobs, part time business to earn extra

    It is also known as DOUBLE JOBBING

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    BLUE MOON

    Employees demand higher wages and salaries in the future

    They will no go for second job because of their

    inability in getting second job

    Conflict with the management for higher pay scale

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    HALF MOON LIGHTING

    Not satisfied as they cannot buy luxury articles

    They take second job just to lead luxurious life

    Spend almost 50% of the time and resources in second job toearn sufficiently large amount of money to lead comfortable life

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    QUARTER MOON LIGHTING

    Candidate immediately join organization after hisschool, college

    Spent his bachelor life comfortable

    Later find difficult to make both ends meet as hisfamily grow

    Take part time jobs to meet increased expenses due to

    increased demand of the family

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    FULL MOON LIGHTING

    Employee feel their income is almost nil as compares to theirexpectation

    Start spending most of the time instarting,developing,expanding their business

    Their financial and social position is determined by secondoccupation.

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    EFFECT OF MOON LIGHTNING ONHRM IN FUTURE

    Relationship b/w superior and subordinated will be affected

    It will worse the disciplinary procedure

    Management faces problem in motivating their employees

    Employee pay more focus on second job

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    DUAL CAREER GROUPSREASONS FOR INCREASING IN THE NO OF FEMALE EMPLOYEES

    Increase in career orientation among women

    Higher level commitment among women as compared to men

    Better performance of women employees in certain jobs

    Employees preference to women as they are less demanding

    Increasing need for economic Freedom to women

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    CONSEQUENCES ANDCHALLENGES

    Concern for other partys Grievances too

    Absenteeism

    Stress

    Restricted Freedom

    Work sharing

    Promotions

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    FLEXI TIME & FLEXI WORK

    Flexi Time is a program that allows flexible entering andleaving the organization

    Flexi work is a program that allow flexibility in handlingthe type of work in various department in a systematic way

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    ADVANTAGES OF FLEXI TIME Increase in productivity

    Decline in absenteeism

    Increase in work consciousness rather than time conscious

    Decline in tardiness as employee can take care of his personalwork as well

    Reduction in employee turnover

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    DISADVANTAGES OF FLEXI TIME Difficult in Time Keeping

    Calculation of over time

    Problem of supervision

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    WHY EMPLOYEE NEED FLEXI WORK

    Over Specialization of work

    Lack of challenging Work

    Lack of Interest

    Routine nature of Job

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    TRANING AND DEVEPLOMENT

    Almost all the organization today provide additional training

    Previously depends on educational institutes

    But in future will establish their own educational institute

    Pooling of funds but organization in setting up the institutes

    which may serves the need of all the firms in an industry

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    COLLABORATION MANAGEMENT

    Different parties concerned with the organizational activities

    through participation then such type of management system

    is called COLLABORATION MANAGEMENT

    Different Parties include Workers,Consumers,Government and

    Stakeholders.

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    It is categorized into four heads

    WORKERS PARTICIPATION

    CUSTOMER PARTICIPATION

    GOVERNMENT PARTICIPATION

    STOCKHOLDER PARTICIPATION

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    HUMAN RESOURCEACCOUNTING

    It is the process of identifying and measuring data

    about human resources and communication this

    information of interesting parties

    It also means Accounting for people as organization

    resources. It is the measurement of Cost and Value of

    the people of the organization

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    AIMS & OBJECTIVES OF HRAIncreased managerial awareness of the value of human

    resources.

    Better decision about people, based on improves information

    system

    Developing new measures of effective manpower utilization

    Enabling a longer time horizon for planning and budgeting

    Better human resource planning

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    BENEFITS OF HRA

    Helps in disclosing the value of human resource

    Helps in managerial decision making

    It also serves the Social purpose

    Helps in increasing the productivity of the human resources

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    METHODS OF VALUATION OFHUMAN RESOURCE ACCOUNTING

    Historical Cost Method

    Replacement Cost Method

    Standard Cost Method

    Present Value Method

    Opportunity cost Method

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    HUMAN RESOURCE ACCOUNTING IN

    INDIA

    GENERAL CONSIDERATION IN THE WORKING OF HR CONCEPT

    BY MMTC

    Only Internal human organization is considered, External organization

    is not considered

    Hr value is worked out on the LEV&SCHEWARTZ Model

    A 12% discount is adopted

    Employees are classified according to pay scale under 6 categories

    Future no of employees is worked out on the basis of general

    promotion policy

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    EMPLOYEES PROXY

    Employee adopt Proxy system in order to improve their

    economic status, social status and psychological well being

    This system is mostly prevalent in organized sector

    This system effect discipline, quality and quantity of

    production

    Technological oriented jobs demand high profile of proxies

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    ORGANIZATION POLITICS

    Any behavior by any employee that is self serving

    When the individual act to enhance their own position,redardless ofcost of the organization, or to other, they are acting Politically

    They are result of variations and conflict between individual goal of

    one group and another group within the organization

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    CAUSES OF ORGANIZATIONALPOLITICS

    Variation conflict in goals between two individual employee

    Variation in degrees of successor failure between oneemployee and another employee or between group of employee

    Variation and conflict in goals between two section of groups

    Individual Vs Organizational goals

    Group goals Vs Organizational Goals

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    TECHNIQUES OF ORGANIZATIONALPOLITICS

    Information hiding

    Push up

    Pushing down

    Pulling up

    Pulling down

    Misleading

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