Human Resource Management
Assessment centres are a series of exercises commonly used by employers to test skills not readily assessable from an interview alone. Assessment centre is a method used particularly in military or management.
International businesses are required to recruit, train, motivate, nurture and retain apart from effectively utilizing their services at all levels of functioning be its corporate office, at the foreign production units plants, therefore, the process of procuring, allocating and effectively utilizing human resources in international business is called International Human Resource Management.
Induction is a process of introduction of a person to the job and the organization. Induction is important as it serves the purpose of removing fears, creating a good impression and acts as a valuable source of information.
What is Selection? Selection is the process of evaluating job applicants to determine which candidates are most suitable for a particular job, based on their qualifications, experience, and other relevant…
Human Resource Management covers various operative and managerial functions that are performed at all the levels of the organization.
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.
There are various problems and challenges faced in Performance appraisal. Broadly, problems in performance appraisal are categorized into 4 types: 1. Judgment Error 2. Inappropriate appraisal methods and forms 3. Lack of training 4. Ineffective implementation
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