PRESENTATION NOTE

Introduction:

- Established on January 9, 2006

- Number of employees: >30,000 Employees

- Their industry is: Technology production, electronics, telecommunications

- The reason why this company was chosen: My mother’s workplace

1. How the functions of HRM can help a company’s long-term profitability

 Employee Training and Development:

Talented employees will stay longer with the company

A study conducted by the American Society for Training and Development (ASTD)
found that

“companies that invest in employee training and development have 218% higher
income per employee than those that don't.”

“An impressive 87% of millennials rate "professional or career growth and

development opportunities" as important to them in a job -- far more than the 69% of
non-millennials who say the same.” (Rigoni, A.A., and B. (2016))

Engaged employees are enthusiastic about their jobs, committed to the organization's
goals, and motivated to contribute their best efforts toward achieving those goals.
Organizations that prioritize employee engagement initiatives are more likely to
achieve sustainable growth and success in the competitive business landscape.

 Talent Acquisition and Recruitment

- Hiring the right people who possess the necessary skills, experience, and cultural fit is
crucial for organizational success. Effective recruitment processes ensure that the
company attracts top talent, which contributes significantly to productivity, innovation,
and overall performance.

“companies with a strong employer brand have a lower cost per hire by 50% and
experience a 28% lower turnover rate.” (Glassdoor Economic Research. (2019).)
 2. Functions that are most likely to have the biggest impact:

Employee Training and Development significantly impacts organizations by enhancing

employee skills and productivity, increasing engagement and job satisfaction, reducing
turnover rates, fostering innovation, and improving customer satisfaction. By investing in
training and development initiatives, organizations cultivate a skilled and motivated
workforce that contributes to long-term profitability and success.

“According to a survey conducted by Office Team in 2015, 38% of HR professionals

consider training and developing employees their greatest staffing concern.”
(Exoplatform, 2023)

3. What is unique about how HRM in your company helps the company’s long-term
profits?

Interview: Ms. Nguyen Thuy Duong – HR Manager

Age: 26

1. Manage employees to create loyalty and productivity

- Build clear goals, assign specific tasks, and evaluate monthly and quarterly
- Categorize employee levels to have appropriate plans (For example, if employees have weak
skills and knowledge, train them; if they do well, they will be given more authority)
- Provide tools to support employees.
- Organize training and develop skills for employees so that employees can develop and have
opportunities for advancement, have online training warehouses
- Create a positive work environment where employees feel appreciated and fair.
- Build an organizational culture
- Encourage participation and input from employees, and provide coaching
2. Criteria for recruiting employees
- Skills and experience suitable for the job position.
Personal personality and values reflect company culture.
- Ability to cooperate and work in groups.
- Passion and motivation to work in that field.
3. Welfare, benefits and compensation
- Provide competitive salaries, bonuses, and full benefits for Employees
+ Benefits examples: social insurance, health insurance, vacation, and leave regimes according to
legal regulations. Bonus: industry establishment date
Gift: October 20, March 8...
- Have emulation, reward, and encouragement programs for employees when achieving good
results
- There are cultural and sports activities...
4. Unique thing in human resource management
- Data-driven management method to make accurate decisions.
- Create conditions for employees to contribute ideas and initiatives, encouraging innovation and
creativity.
- Build a corporate culture where every employee feels attached and important.
- Use modern technology in human resource management to optimize processes and increase
efficiency.

Reference list

 The importance of employee training and development in HR management (no

date) PACE Institute of Management. Available at: https://www.pace.edu.vn/knowledge-
article/the-importance-of-employee-training-and-development-in-hr-management
(Accessed: 12 March 2024).
 Mazour, V. (2023) The importance of employee training and development in HR
management, eXo Platform. Available at: https://www.exoplatform.com/blog/the-
importance-of-employee-training-and-development-in-hr-management/ (Accessed: 12
March 2024).
 Rigoni, A.A. and B. (2016) Millennials want jobs to be development
opportunities, Gallup.com. Available at:
https://www.gallup.com/workplace/236438/millennials-jobs-development-
opportunities.aspx (Accessed: 12 March 2024).
 Services, F.L.B. (2023) Unlocking success through employee training, LinkedIn.
Available at: https://www.linkedin.com/pulse/unlocking-success-through-employee-
training-finest-leaders#:~:text=According%20to%20a%20Forbes%20study,employee
%20compared%20to%20their%20competitors. (Accessed: 12 March 2024).
 Team, G. (2019) The most important employer branding statistics to know - glassdoor
for employers, US | Glassdoor for Employers. Available at:
https://www.glassdoor.com/employers/blog/most-important-employer-branding-statistics/
(Accessed: 12 March 2024).
1. Manage employees to create loyalty and productivity
- Build clear goals, assign specific tasks, and evaluate monthly and quarterly
- Categorize employee levels to have appropriate plans (For example, if employees have weak
skills and knowledge, train them; if they do well, they will be given more authority)
- Provide tools to support employees.
- Organize training and develop skills for employees so that employees can develop and have
opportunities for advancement, have online training warehouses
- Create a positive work environment where employees feel appreciated and fair.
- Build organizational culture
- Encourage participation and input from employees, and provide coaching
2. Criteria for recruiting employees
- Skills and experience suitable for the job position.
Personal personality and values reflect company culture.
- Ability to cooperate and work in groups.
- Passion and motivation to work in that field.
3. Welfare, benefits and compensation
- Provide competitive salaries, bonuses and full benefits for Employees
+ Benefits examples: social insurance, health insurance, vacation, leave regimes according to
legal regulations. Bonus: industry establishment date
Gift: October 20, March 8....
- Have emulation, reward and encouragement programs for employees when achieving good
results
- There are cultural and sports activities....
4. Unique thing in human resource management
- Data-driven management method to make accurate decisions.
- Create conditions for employees to contribute ideas and initiatives, encouraging innovation and
creativity.
- Build a corporate culture where every employee feels attached and important.
- Use modern technology in human resource management to optimize processes and increase
efficiency.