Functions of HRM (Human Resource Management)
Human Resource Management covers various operative and managerial functions that are performed at all the levels of the organization.
B COM
Human Resource Management covers various operative and managerial functions that are performed at all the levels of the organization.
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Human Resource Information System (HRIS) is an organized procedure for collecting, storing, maintaining, retrieving and validating data needed by an organization about its human resources. It is usually a part of the organization’s Management Information System (MIS).
HR Audit is like an annual health check-up, it plays a vital role in encouraging the sense of confidence in the Management and the HR functions of an organization. It is a comprehensive evaluation of existing HRD strategies, systems, styles, skills and culture and their appropriateness to achieve the short term and long term goals of the organization.
4 methods of human resource accounting are 1. Historical Cost Method 2. Replacement Cost Method 3. Present and Economic Value Method 3. Asset Multiplier Method
Human Resource Accounting is about identifying and measuring data of human resources. It is used to develop a financial assessment of people in the organization during a particular time period. It is also about evaluating the economic result of investment in people.
What is Performance Appraisal? Performance Appraisal is a formal structured system of measuring and evaluating an employee’s job-related behaviours and outcomes to discover how & why the employee is presently…
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