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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
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