Unit 5

Human resource management may be defined as the organized function of planning for human resource needs, and recruitment, selection, development, compensation and evaluation of performance to fill those needs.

Human resource planning

Staffing

Training & development

Performance appraisal

compensation

Recruitment

Selection

1. Forecasting manpower demand2. Forecasting manpower supply3. Human resource actions

Filling and keeping filled, positions in the organization.

RECRUITMENT- identifying and attracting candidates who can fill the job vacancy appropriately

Sources of recruitment1. Internal2.external

Promotions Transfers

Advertising Voluntary applicants Educational institutions Employment agencies Employee referral

Job analysis

Design job description

Design job specification

Attract applicants

Select the best person

Choosing the right person for the right job

Preliminary

screening

Application blank

Physical examinatio

n

Reference check

Selection test

interview

selection

Training is provided to improve the performance of the employee in his area of work.

Development is long term in nature and facilitates the overall growth of the employee beyond the requirements of the present positions.

Measurement, evaluation and recording employee performance against these expectations and providing the employee with feedback regarding his performance

Wages paid directly to the employees for the amount of time worked or the number of units produced.

Compensation includes1.Basic salary2.Allowances3.Protection plans4.Services 5.Fringe benefits6. Income supplements