Professional Documents
Culture Documents
HUMAN RESOURCES
MANAGEMENT-IN-BUSINESS
VALUCA DUMITRU
TABLE OF CONTENTS
Introduction.......................................................................................3
P1 Describe the internal and external factors to consider when planning the
P2 Describe how the skills that employees require to carry out jobs in an
Conclusion........................................................................................12
Reference.........................................................................................14
INTRODUCTION
The most carefully laid human resource plans can be affected by internal and external
change anytime, so forecasting and flexibility are essential for effective planning and
adapting as required. In order to do this, HR managers must be aware of what’s going
on within the company, the industry and the wider market in relation to the factors that
influence change.
Political
From a shift in local public opinion to a change in government or even a new industrial
world superpower entering the market, politics influence how much funding is available,
how much tax must be paid, minimum wage rates, how markets are controlled and the
quality and quantity of staff available for hire. When planning ahead, you need to
consider likely changes to markets, budgets and availability of suitable applicants as a
result of recent or anticipated political influences.
Economic
How much money is available for salaries, training and equipment is the most
immediate concern in human resource planning. However, external economics plays an
equally critical role. For example, people don’t have as much money to spend in an
economic downturn and tend to be much more selective in what they buy or services
they use.
Social
Several social factors may influence your HR planning, but you need to take into
account equalities and diversity in particular. Where there is a clear discrepancy of one
social group, it’s a good idea to build in ways of opening up new opportunities. For
example, if there are few Hispanic people in your company compared to numbers in the
wider community, determine why this is the case and what can be done to redress the
balance.
Technological
New technology brings new skills requirements, so companies always need to be aware
of proficiencies and training needs when planning human resources. New products and
services also may require recruiting highly skilled employees or training existing
employees to meet the need.
Legal
Employment law is the most significant sector of the legal system that affects human
resource planning, and it changes all the time. In most cases, there is plenty to time to
implement changes to policy, as the law can take a while to take effect. Keep yourself
up to date, and have an employment law specialist available to consult if necessary.
Environmental
Environmental factors might include where your business is located in relation to finding
sufficient appropriate staff or changes to the environment that mean a need for more or
fewer employees.
One of the most important organizations satisfy date skills and the ability to
use time wisely. An administrator properly allocates resources and usually
takes a little experience to assign tasks to complete before a project on
time. Meeting time is itself require a major organizational skills time
management skills. Administrators meet time by applying for permanent
jobs, tasks, priorities and representatives have the ability to be productive
(Marivic Butod, 2009).
employees in the workplace and how to edit the file directly to them whom
specific information, allowing you to determine the overall organizational
skills needed supplies should be. managers often work with employees, such
as file clerk or contract labor intensive, requires a lot of this particular aspect
of their work will be organized to keep them running (Mathis, Jackson &
Valentine, 2011).
Timing
Timing an allocated time for specific tasks or workload, and then includes
assigning tasks to specific employees. For example, if a small restaurant,
and workers at peak times on different days, depending on the number of
retail businesses to plan accordingly. HR Guide, online article as a reference
human resources "Employee Schedule for Seven Best Practices" based on
the timing when the account is important for busy periods. special projects
manager for the completion of the task, you must be planned date. Use
organizers to stay on track with assignments of many small business
executives (Elvira & Davila, 2005).
Planning skills
Incentive
Voucher
Profit Sharing
Promotional Training
The Employee of the Month (EOM) is a type of reward program given out by
companies (often to encourage the staff to work harder and more
productively). It involves recognizing employees for achieving excellence in
their field, and being the best worker across all fields.
Job Satisfaction
Job Security
Job Security is an assurance that an individual will keep his or her job
without the risk of becoming unemployed. S/he will have continuity in
employment and it may be from the terms of a contract of employment,
collective bargaining agreement, or labor legislation that prevents arbitrary
termination (Marivic Butod, 2009).
A financial reward system for employees where some or all of their monetary
compensation is related to how their performance is assessed relative to
stated criteria. Performance related pay can be used in a business context
for how an individual, a team or the entire company performs during a given
time frame.
Intrinsic rewards
Intrinsic rewards are the satisfactions that an individual obtains from the job
itself. It means, they are the factor of esteem and self-actualization needs of
the employees. These rewards and satisfactions are self-Initiated internally
by the employees are fulfilled. These rewards Consist of having a price on it
work, having a feeling of accomplishment, it being a part of team etc
(Marivic Butod, 2009).
Extrinsic Rewards
Extrinsic rewards are the benefits provided externally. These rewards are
provided in term of money and fringe benefits. These rewards are Necessary
to fulfill physiological and safety needs of the employees. Such rewards are
the results of management policies and procedures of the organization
(Baker & Doran, 2005).
Financial Rewards
Financial rewards those direct and indirect payments Enhances means that
an employee's wellbeing. Financial rewards make employee financially sound
so that he / she can fulfill his / her material desire. Consists Direct payment
of salary, wages, commissions, incentives, bonuses, allowances etc. Indirect
payment includes pensions, medical insurance, paid leaves, paid sick leaves,
Purchases, discounts etc (Marivic Butod, 2009).
Non-financial Rewards
Performance based rewards are such benefits which are provided on the
basis of an employee's job performance ability. The reward depends upon
the performance of an individual in the actual work floor. These rewards are
Exemplified by the use of commissions, piece work share plans, incentive
systems, group share bonuses or other forms of merit plans (Baker & Doran,
2005).
Membership rewards based rewards are those that are paid on the basis of
being a member of an organization. It means, allocating rewards is the basis
of the employee's organizational membership. Hence, the reward goes to all
employees irrespective of their performance is on(Snell, Morris & Bohlander,
2013).
Punctuality:
regular office that meets frequently arrive late or are absent employee
performance to business goals is unlikely. The underlying problem to be
addressed here - he did have received adequate training? Do you get along
with their co-workers and manager? problems related to punctuality an
employee does not work fully realize their potential and have a negative
attitude also means that might affect their colleagues (Philip Kotlar, 2004).
Most companies have a professional dress code appropriate to the job and
company culture. employees to offer or careless disregard your expectations
and disheveled appearance reflects badly on the image. It is their
performance is likely to fail to meet your expectations (Kramar, 2012).
CONCLUSION
BOOKS
Philip Kotlar. (2004) Principle of marketing, 8th edition. MGH: New York.
JOURNAL
WEB SITES
Marivic Butod. (2009) Strategy HRM: PwC. Available at: http://ivythesis.
typepad.c om/term_paper_topics/2009/04/strategy-h rm-PwC. html
[Accessed 24th November, 2015]