Group 5
Group 5
Assignment
Course Tittle : Human Resource Management
Submitted To:
Md. Saiful Islam
Assistant professor
Department of Finance and
Banking Submitted By:
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CHAPTER :01
(QUESTIONS TO ANSWER)
HRM
Human Resource Management is the process of recruiting, selecting, inducting employees,
providing orientation, imparting training and development.
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6. Work Environment and Culture: HRM is positive, inclusive, and supportive work
culture fosters employee engagement, satisfaction, and productivity.
7. Health and Well-being: HRM plays a role in supporting employees' health and well-
being, which is essential for maintaining productivity and job satisfaction.
8. Knowledge Management:Effective knowledge management ensures that valuable
expertise is preserved and utilized, enhancing the organization’s overall human capital.
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[HR Functions]
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-------------------------------------------------
| | | |
[Recruitment] [Training & Development] [Performance
Management] [Compensation & Benefits]
| | | |
- Job postings - Onboarding - Performance Appraisal -
Salary Structure
- Candidate Screening - Professional Development - Feedback &
Coaching - Health Insurance
- Interviews - Leadership Training - Employee Recognition
- Retirement Plans
|
[Employee Relations]
|
- Conflict Resolution
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- Employee Engagement
|
[Compliance with Labor Laws]
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- Health & Safety Standards
- Equal Employment Opportunities
- Wage & Hour Laws
|
[HR Planning and Strategy]
|
- Workforce Planning
- Strategic HR Management
Objectives of HRM
1. Recruitment and Staffing: Attract and select qualified candidates to meet the
organization’s needs. Effective recruitment ensures that the organization has the right
people in the right roles.
2. Employee Development: Enhance the skills, knowledge, and abilities of employees
through training and development programs. This supports career growth and improves
overall organizational performance.
3. Performance Management: Evaluate and improve employee performance through
regular appraisals and feedback.
4. Compensation and Benefits: Develop and manage a fair and competitive
compensation system. This includes salary, bonuses, benefits, and other rewards to
attract and retain talent.
5. Employee Relations: Foster positive relationships between employees and
management. This involves resolving conflicts, addressing grievances, and creating a
supportive work environment.
6. Compliance: Ensure adherence to labor laws, regulations, and organizational policies.
Compliance helps in avoiding legal issues and maintaining ethical standards.
7. Organizational Culture: Build and maintain a positive organizational culture that
aligns with the company’s values and mission. A strong culture enhances employee
engagement and satisfaction.
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▪ Specialization: Allows for deep expertise in each HR area.
▪ Efficiency: Streamlines processes and reduces redundancy.
o Disadvantages:
▪ Silo Effect: Can create communication barriers between departments.
▪ Limited Flexibility: May be less adaptable to changes in business
needs.
2. Matrix Structure:
o Description: This structure combines functional and project-based approaches.
HR professionals report to both functional managers and project or program
managers.
o Advantages:
▪ Flexibility: Facilitates collaboration across different functions.
▪ Resource Efficiency: Allows for dynamic allocation of HR resources
based on project needs.
o Disadvantages:
▪ Complexity: Can create confusion over reporting lines and authority.
▪ Conflict: Potential for conflicts between different managers’ priorities.
3. HR Business Partner Model:
o Description: HR professionals are embedded within business units or
departments and act as strategic partners to those units.
o Advantages:
▪ Alignment: Ensures HR practices are closely aligned with business
needs.
▪ Proactive: Allows for more tailored and responsive HR support.
o Disadvantages:
▪ Resource Strain: May require more HR resources to cover various
business units.
▪ Potential for Isolation: HR business partners might feel disconnected
from central HR functions.
4. Shared Services Model:
o Description: Centralizes HR administrative functions, such as payroll and
benefits administration, into a shared services center.
o Advantages:
▪ Cost Efficiency: Reduces duplication and administrative costs.
▪ Consistency: Provides standardized HR services across the
organization.
o Disadvantages:
▪ Impersonal: Employees may feel they’re dealing with a faceless entity
rather than a dedicated HR professional.
▪ Bureaucracy: Can lead to slower response times for HR issues.
5. Corporate HR and Regional HR Structure:
o Description: In this model, corporate HR handles overarching strategic HR
functions, policies, and standards, while regional or local HR teams manage
day-to-day HR activities and adapt practices to regional needs.
o Advantages:
▪ Balance: Combines strategic oversight with local flexibility.
▪ Adaptability: Addresses region-specific legal and cultural
considerations.
o Disadvantages:
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▪ Coordination Challenges: Requires effective communication between
corporate and regional teams.
▪ Potential for Divergence: Risk of misalignment between corporate
policies and regional practices.
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• Services and Impact: SEIP focuses on providing market-relevant skills training for youth and
existing workers, particularly in priority sectors like garments, textiles, construction, IT, and
healthcare. It partners with private sector organizations, industry associations, and training
providers to deliver the programs.
• Contribution to the Private Sector: SEIP ensures that private enterprises have access to a
pool of trained workers with the technical and soft skills required by the industries, addressing
skills shortages and improving productivity.
Implementation of E-Governance
The e- govhas made significant strides in digitalizing public administration through the
implementation of e-governance initiatives. The adoption of technology in government
departments and public entities has transformed traditional managerial practices, making
them more transparent, efficient, and accessible.
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Significance of human resource in changing
environment.
Human Resource Management (HRM) plays a pivotal role in shaping and sustaining
organizations, particularly in a constantly evolving business landscape. In this article, we delve
into the dynamic nature of HRM, exploring its evolution, challenges, adaptation strategies, and
its crucial role in employee development.
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Chapter 04
Define HRP.
Human resources planning is one of the most important elements in a successful HRM
programme. Human resources planning is the process by which an organisation ensures that it
has the right number and kind of people, at the right place, at the right time, capable of
effectively and efficiently objectives.
Human resource planning (HRP) is indeed a critical managerial responsibility because it involves the
strategic forecasting, planning, and management of a company’s most valuable asset—its people.
Managing Workforce Supply and Demand : Managers must assess both current and future workforce
supply against demand.
Cost Efficiency : Through HR planning, managers can budget more effectively for labor costs,
including wages, benefits, and training programs.
• Preparing for Change and Uncertainty : Businesses operate in dynamic environments, where
market conditions, technology, and regulations constantly evolve.
• Succession Planning: Managers must ensure that the organization has plans for future
leadership by identifying and developing internal talent. This ensures business continuity and
reduces the risk of a leadership vacuum during transitions.
The Importance of (HRP) : Human resources planning is highly important and useful
activity. If it used properly it offers a number of benefits:
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a. Reservoir of Talent : The organisation can have a reservoir of talent at any
point of time.
b. Prepare people for future : people can be trained motivate and developed in
advance and this in meeting future needs for high-quality employees quite
easily.
c. Expand or contract : If the organization want ls to expand its scale of
operations, it can go ahead easily.
➢ Competition : Companies Operating in fields Where a large number of players are bent cutting
each others throat often change their work forces.
➢ Organizational decisions: Their organisations strategic plan, sales and production forecasts
and new ventures must all taken into account in employment planning.
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The changes in external supply
Estimating changes in the external supply of human resources (labor supply from outside an
organization or geographic region) involves analyzing various external factors and data sources. Here’s
a step-by-step approach to estimate these changes:
1) Demographic Analysis:
• Population Growth Trends: Examine national or regional population data, including birth rates,
death rates, and age distribution. An increase in the working-age population signals a potential rise
in external labor supply.
• Immigration and Emigration: Analyze trends in migration. High immigration rates can increase
labor supply, while emigration can reduce it. Government policies on immigration are crucial
indicators.
• Educational Attainment: Review data on education levels and vocational training programs.
A higher percentage of individuals completing secondary or higher education indicates an
increase in the external supply of skilled workers.
2) Economic Indicators:
• Unemployment Rates: High unemployment rates suggest an excess supply of labour.
Monitoring changes in unemployment helps estimate labour market availability.
• Labour Force Participation Rate: This shows the percentage of the population that is actively
working or seeking work.
• Wage Trends: If wages are increasing, it may signal a tightening labour market (reduced
supply). Stable or declining wages could indicate an excess labour supply.
Focus: Aligning HR goals with the overall long-term strategy of the organization.
Time Frame: Long-term (3-5 years or more).
Work forces /man power planning :
Focus: Assessing and forecasting the number and type of employees needed to meet current and future
needs.
Time Frame: Can be short-term or long-term.
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Focus: Identifying and developing future leaders within the organization.
Time Frame: Long-term, but with intermediate milestones.
Limitations of HRP: The problem faced by human resources professional while preparing or
administration HR plans maybe summarized thus:
1. Lack of Accuracy :Projecting man power needs over a period of time is a complex
one. It’s not a possible to track the current and future tends correctly and convert
the same into meaningful actions guidelines.
2. Absence of Support : planning is generally undertaken to improve overall
efficiency,
3. Numbers game: HRP, in the final analysis, may suffer due to an excessive focus
on quantitative aspects.
Approach’s to HRP
Human Resource Planning (HRP) can be approached using various methods, each aimed at aligning
workforce supply with organizational demand. Here are the main approaches:
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The supply of internal human resources
Forecasting the supply of internal human resources involves predicting the availability of current
employees to meet future organizational needs.
Skills Inventory : Cataloguing the skills, qualifications, experiences, and competencies of current
[Link] departments maintain a database or system that tracks employee skills, education,
performance, and certifications.
1. Employee Turnover Analysis : Analyzing historical turnover rates to predict the number of
employees who are likely to leave.
2. Performance Appraisals :Using performance reviews to assess employees’ potential for
advancement or redeployment.
3. Replacement Charts :A visual tool that shows the availability of current employees to fill key
positions if vacancies occur.
4. Succession Planning : A systematic process to identify and develop future leaders or key
employees for important roles
.
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Chapter :05
Job analysis
job analysis:
Job analysis is the process of gathering and analyzing information about the content and the
human requirements of jobs, as well as, the context in which jobs are performed. This process
is used to determine placement of jobs. Under NU Values the decision-making in this area is
shared by units and Human Resources.
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The process of job analysis
Answer: The major steps involved in job analysis are as follows:
C. Collection of job analysis data: This step involves the collection d data on the
characteristics of the job, the required behaviour and personal qualification needed to
carry out the job effectively. Several techniques are available for collection of such
data. Care should be taken to use only reliable and acceptable techniques in a giver
situation.
d. Preparation of job description: This step involves describing the contents of the job
in terms of functions, duties, responsibilities operations, etc. The job holder is required
to discharge the duties and responsibilities and perform the operations listed in job
description.
e. Preparation of job specification: This step involves conversion the job description
statements into a qualification specification. Jo specification is a written statement of
personal attributes in terms traits and skills, training and experience needed to carry out
the job.
f. Conducting job evaluation: Each and every job of the organization has to be evaluated
in terms of other jobs of the said organization. Job requirements keep changing with
time.
3. The importance of job analysis in the context of our industries
Job analysis has been described as a fundamental instrument in the manpower management
programme. However, its importance may be well understood by narrating the areas of its
concentration as under:
a) Ensuring similarity in job title: If the same job is described or titled in different ways, in
different organizations, the management finds a great difficulty in the selection of personnel
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and pricing the jobs. Job analysis helps minimising this problem by introducing similarity in
job title in different organizations.
b) Clarifying methods and procedures of work: The jobs are studied scientifically in order to
study the duties and the tasks of the workers doing a particular job. Job analysis helps the
management to get a clear picture of workers' requirements in regard to the types of supply of
tools, machines and equipment.
c) Improving physical conditions of work environment: Job analysis helps the management to
provide the worker with optimum conditions for work by providing adequate work place with
good illumination and ventilation. It also helps the management to decide the ways by which
it can avoid unnecessary noise, humidity, dangerous, unhealthy and hazardous conditions of
work .
d) Delineating the relation of one job to other jobs Job analysis describes the skill involved in
doing a job as well as the characteristics required by the worker to do the job efficiently.
Answer:
1. Observation Method:
Three methods of Job Analysis are based on observation. These are- Direct Observation; Work
Method Analysis, including time and motion studies and micro-motion analysis; and critical
incident method.
2. Interview Method:
It involves discussions between job analysis and job occupants or experts. Job analysis data
from individual and group interviews with employees are often supplemented by information
from supervisors of employees whose jobs are to be analysed.
3. Daily Method:
It requires the job holders to record in details their activities on a daily basis
In this method, services of the supervisors who possess extensive knowledge about a job
are used with the help of a conference of the supervisors. The analyst initiates discussion
which provides details about the job.
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5. Functional Job Analysis (FJA):
It is a method that uses precise terminology and a structured job analysis “schedule” to
record information regarding the job content. It is especially useful to the recruiting and
selection functions.
Answer: The three main scenarios in which a professional might perform a job analysis
include creating job descriptions or combining positions. Human resources professionals
recruiting and hiring job candidates .
Casual visit to public and private sector enterprises in Bangladesh shows that the subject has
not attracted adequate attention for which many a times labour management relations become
bitter. Our neighbour India also appear to have lacked in this respect. N.R. Chatterjee has drawn
attention of the authorities to this matter because in his views, this deserves serious
considerations if harmonious labours management relation is to be promoted for improving
product quality and for reducing cost of production. Practising business executives also feel
the same way. India has a big product market and many of the developing countries are allured
by its market size.
Manpower Planning
Job Evaluation
Job analysis provides the basis for job evaluation. The purpose of a job appraisal is to determine
the relative value of the job which in turn helps determine job compensation.
Performance Appraisal
Job analysis data provides a clear standard of performance for each job. Employee performance
can be objectively evaluated against the job performance standard.
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Job Designing
Industrial engineers may use the job analysis information in designing the job by making the
comprehensive study of the job elements.
Promotions
The job analysis is mainly based on the effective policies. Effective policies may be formulated
in regard to promotions and transfers.
Employment Guidance
Job description, which is basically carried out on the basis of Job analysis, helps the aspirates
in ascertaining the job, for which they have the necessary ability and skills.
Labour Relations
Job analysis serves as the basis for resolving disputes that may arise due to quality of
performance expected of workers.
Job Title: Relationship Manager / Associate Relationship Manager Payroll, Retail Banking
Job Description / Responsibility The role is primarily responsible for developing business
of the department by bringing new companies as Payroll clients. Other key responsibility
of the role includes enhancing business from the current client base by expl oring cross
selling opportunities.
Achieve set target through various activities. Meet the target amount of asset and liability
products within specified timeline. Enhance cross-selling of asset and liability products
from 'current clients base by providing after-sales service .Visit to current and prospective
client premises regularly to enhance number of Payroll clients.
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the manpower planning environment of Bangladesh
If you are a manager, then you must understand the importance of manpower planning in
HRM and how to maximize the utilization of the workforce for productivity and profits. It
is essential to know how manpower can be planned and aligned with the company’s goals
and visions. In this article, we will discuss manpower planning in detail.
c. loaning : borrowed from someone or something for a period of time. This painting is
on loan from the National Gallery. an actor on loan from another sitcom. Some of the
workers were on loan as temporary staff
d. Work-sharing : a situation where the duties and the pay of one job are divided between
two people who work at different times during the day or week: Work-sharing gives
businesses an alternative to laying off staff.
g. Turnover analysis : Turnover analysis assesses the dynamics associated with people leaving
or staying in an organization to identify: How many employees leave. The reasons why people
leave or stay. The cost of turnover related to a disruption of business continuity.
h. Replacement charts : Replacement charts are a technique used to estimate succession
planning to assist organisations in visualising important job positions/ roles, existing
employees and the current and oncoming future job positions. Positions are laid out besides
details like possible replacements, potential promotion and gender.
i. Markov analysis : Markov analysis is a method used to forecast the value of a variable
whose predicted value is influenced only by its current state, and not by any prior activity. In
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essence, it predicts a random variable based solely upon the current circumstances surrounding
the variable.
j. Succession planning : The term succession planning refers to a business strategy companies
use to pass leadership roles down to another employee or group of employees. Succession
planning ensures that businesses continue to run smoothly and without interruption, after
important people move on to new opportunities, retire, or pass away.
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Chapter:06
Recruitment
Recruitment: Recruitment is a ‘joining process’ in that it tries to bring together job seekers and
employer with a view to encourage the former to apply for a job with the [Link] is the
process of actively seeking out, finding and hiring candidates for a specific position or job.
Sources of recruitment: There are two broad sources of recruitment-internal and external. A
Brief description of each source follows:
1. Internal sources of recruitment: Existing employees of an organization provide the internal
sources in the main. Whenever any vacancy arises, someone from within the organisation is
upgraded, transferred, promoted or even demoted. The major internal sources of recruitment
are as under:
a) Promotions and transfers: A transfer is a lateral movement within the same grade,
from one job to another. Promotion, on the other hand, involves movement of
employees from a lower level position to a higher level position .
b) Job posting: A job posting is the official advertisement of an open position for which
the company is actively seeking a new-hire.
c) Employee referrals: Employee referral means using personal contacts to locate job
opportunities. It is a recommendation from a current employee regarding a job
applicant.
2. External source of recruitment: The sources of recruitment that are used to hire people from
outside the organisation may be many but a few most important among them are discussed
below:
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educational institutions with a view to pick up job aspirants having requisite technical
or professional skills.
f) Professional organizations: Organisations like the chambers of commerce and
industries, engineers,institutions, management associations, etc., may act as external
sources of recruitment.
3)It may lead to infighting among employees aspiring for limited, higher-level positions in an
organization
2)The organisation has the freedom to select candidates with requisite qualifications.
3)It helps motivating employees to work hard and compete with external candidates.
4)Creation of a competitive atmosphere would compel people to give out their best and earn
rewards, etc.
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The disadvantage of recruiting candidates from outside an organization
maybe:
1)It takes time to advertise, screen and to select suitable employees.
2) Hiring costs could go up substantially in tapping multifarious sources of recruitement.
3)Existing employees who have put in considerable service may have the feeling that their
services have not been recognised and maybe demotivated.
4) There is no guarantee that the organisation, ultimately, will be able to hire suitable
candidates.
Alternatives to Recruitment:
1)Employee leasing: Employee leasing is an arrangement where an employee leasing
company supplies the workers a business needs, often on a short-term basis or for a longer term
on a per-project [Link] this case individuals work for the leasing firm as per the leasing
agreement/arrangement. Such an arrangement is beneficial to small firms because it helps avoid
expenses and problems of personnel administration.
2) Subcontracting: To meet a sudden increase in demand for its products and services,
sometimes, the firm may go for subcontracting, instead of expanding capacities immediately.
The firm can meet increased demand by allowing an outside specialised agency to undertake
part of the work to mutual advantage.
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Accordingly, when an organisation considers various recruiting sources, it does so with some sense
of effectiveness in mind:
Chapter-07
Selection
Selection is the process of picking or choosing the right candidate, who is most suitable for a
vacant job position in an organization.
2. Aptitude Test
It measures the probability of performing the job in terms of how often and how well.
3. Personality Test
4. Interest Test
The personal interests such as like and dislikes are identified by interest test.
5. Situational Test
It evaluates whether a particular candidate can perform the job in a given situation.
6. Honesty Testp
Honesty test measures to what extent the information provided by the prospective candidates
is accurate.
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difference between selection and recruitment?
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7 Objectives of Recruitment and Selection
Recruitment objectives lay the foundation for a targeted, efficient, and effective talent
acquisition strategy that not only fills immediate hiring needs but also supports the
organization's long-term success.
1. Talent Acquisition
The essence of recruitment is to find and hire the right talent. By leveraging job portals,
social media, and professional networks, businesses can scout for qualified candidates,
and adapt to job market trends to attract top talent.
2. Skills Alignment
Ensuring candidates possess the required skills for their roles involves analyzing job
standards, crafting precise job descriptions, and utilizing competency frameworks.
3. Cultural Fit
Finding candidates whose views and conduct match the company's culture is a crucial
objective when it comes to recruitment and selection.
4. Workforce Planning
This is the process of figuring out how many people will be needed in the future
workforce based on the company's goals and how the market is changing.
5. Cost Efficiency
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6. Legal Compliance
Recruiting and selecting employees is all about following the law. While hiring,
companies must obey anti-discrimination, labor, and equal work opportunity
regulations.
7. Enhanced Performance
Allocating employees to tasks that match their talents and abilities allows them to use
their capabilities to help the company succeed.
Interview
➢ Screening
➢ First interview
➢ Second interview
➢ Third interview
➢ The decision
1. Screening
2. First interview
Typically, the first interview is the first face-to-face meeting with your potential
employer. Their goal is to get to know you and assess your skills and experience in
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relation to their needs for this particular role. The following stages typically make up
the first interview:
3. Second interview
If you've succeeded in impressing them in the first interview, you may be asked to
return for a second meeting. This meeting typically allows you to meet the different
department heads and sometimes tour the facility.
4. Third interview
Some employers prefer to conduct a third interview to help them make a final decision.
For this session, you should have gained some in-depth knowledge about the company
and how it runs day-to-day and maybe have an idea of how you'd fit into the existing
workplace culture.
5. The decision
The final step in the interview process, if the company wants to hire you, is usually a
job offer contingent upon your background check and references. The offer will usually
come in the form of a typed letter, but in some cases, you'll receive the offer in an email.
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Reference checks are designed to weed out bad hires, empowering
employers with predictive data that ensures candidates are a good match
with their company. State-of-the-art reference check solutions, like
Crossing rely on proprietary technology that help automated an otherwise
tedious process, allowing for faster, more accurate, and more effective
reference checking.
➢ Intelligence tests: Intelligence test, series of tasks designed to measure the capacity
to make abstractions, to learn, and to deal with novel situations.
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Chapter-09(Training and Development)
Training:
Training is the act of increasing the skill of an employee for doing a particular job.
As jobs have become more complex, the importance of employee training has increased. When jobs
were simple, easy to learn, and influenced insignificantly by technological changes, there was little
need for employees to upgrade or alter their skills. The complexity of jobs increase the need for
training. Training widens job related knowledge of the employee. Employee becomes more sharp and
updates his knowledge through training. Training provides necessary instructions for performing the
current job efficiently.
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Four processes have been found to determine the influence
a model will have on an individual:
a)Attentional process: We tend to be most influenced by models that are attractive, repeatedly
available, that we think are important, or that we see as similar to us.
b) Retention process: A model’s influences will depend on how well the model’s action is
remembered even after the model is no longer readily available.
d)Motor reproduction process: After a person has learned a new behavior from model, the
watching must be converted to doing. This process then demonstrates that the individual can perform
the modelled activities.
Principles of learning:
1)Learning is enhanced when the learner is motivated: When the desire to
learn exists, the learner will exert a high level of effort. A motivated learner Will exert high
level of effort.
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6) Learning must be transferable to the job: If much of the skill developed in
the class room cannot be transferred to the job, the organizations suffer. Therefore, training
should be designed to foster transferability.
Importance of training:
Training is crucial for both individuals and organizations as it fosters growth, improves efficiency,
and ensures adaptability in a constantly changing environment. Here are key reasons why training is
important:
2)Minimization of supervision: The trained worker knows his job well. His work,
therefore, requires less supervision. The supervisor can devote his time for more urgent work.
4)Increase in morale: One of the objectives of training is to change the attitude and
outlook of the workers. A trained worker’s morale increases because of the support and
encouragement he gets from his superior at the workplace. His opinion is respected. This
makes workers more loyal to the organization.
6. Effective control: Supervisors can easily delegate their power to the trained
personnel for the better managerial control.
Training Development
Process of teaching someone It is a systematic process of
to develop skills and enhancing ability for overall
knowledge to improve the growth of personnel
job performance.
It is a short term learning It is a long term process.
activity.
It gives emphasize on the It gives emphasize in the
performance of certain job. progress of employees.
It is a task oriented process. It is a career oriented
process.
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Compare Between Training and Education
Training Education
Improves performance and Develops a sense of
productivity. judgement .
Pursuit of ability. Pursuit of knowledge .
Method of skill development. Method of gaining
knowledge.
Teaches certain task. Teaches general concept.
Short term process. Long term process.
Training Organization
Development
A short term process. A long-term process .
It’s goal is to eliminate the It’s goal is to preparation for
lack in present skills. future job requirements.
Focus on developing Focuses on overall
knowledge and skills for capabilities & prepares
current job. employees for future
responsibilities.
Success is measured through Success is measured through
job performance. long-term growth & career
progression.
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3. New Hires or Role Changes: New employees or existing employees taking on new
roles may need training to understand job expectations, organizational culture, or
specific processes.
4. Compliance and Legal Requirements: Regulations may mandate certain types of
training (e.g., safety, anti-harassment, data protection) to ensure the organization
complies with the law.
5. Organizational Changes: Changes in company strategy, structure, mergers, or
acquisitions may require employees to learn new processes, cultures, or skills.
6. Employee Feedback: Regular feedback through performance reviews or surveys can
highlight areas where employees feel they need additional training or development.
7. Market or Industry Trends: Changes in the industry, customer demands, or market
competition can require training to stay competitive and relevant.
8. Job-Specific Skill Gaps: Identifying specific technical or soft skills that employees
need to enhance can also drive training needs (e.g., leadership development, customer
service skills).
9. Career Development Goals: Employees may require training as part of their personal
or professional growth plans, aiming for promotions or advanced roles.
10. Incident Reports: Recurring errors, accidents, or other issues can point to the need for
training in specific areas, such as safety or quality assurance..
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1. Sensitivity training: This is the technique of bringing about a change in behaviour of
the executives through group processes. According to Edwin B. Flippo the objective,
of this technique is the "development of awareness of and sensitivity to behavioural
patterns of oneself and others."
2. Simulation exercises: Simulations are popular techniques of management
development. In this technique a duplicate work situation similar to the actual job
situation, is created and the trainee is given a particular role to find out solutions to the
problem and take decision.
3. Workshop: Under this technique a group of executives meet as per plan and discuss a
problem of common interest. The members of the group learn through others' viewpoint
and develop their knowledge by comparing their opinion with others.
4. Lectures: It is a very popular and simple method. The concepts, ideas, theories,
principles are explained through lectures. The speaker is an expert who collects the
materials and delivers a lecture to the trainee executives.
5. Coaching: Coaching is an activity of guiding a manager by a senior one. A senior
manager must play an active role in guiding and teaching skills. He tells him how to do
a job and corrects the errors. A senior manager is referred to as a coach.
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Difference between on the job and off the job and off
the job
Communication
Communication is one of the most important skills for a leader, and executive development
can help develop this skill. With effective communication, a leader can help develop an
organisation by increasing a team's performance and resolving misunderstandings amongst
team members. It also helps in improving teamwork and encouraging collaboration.
Empathy
Ability to motivate
A good leader can motivate their team to perform well at work. They can use different
strategies, such as incentives or motivational speeches to do so. When a leader successfully
motivates their team, it may have the effect of improving morale and increasing
productivity rate.
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Delegation
Delegation is a key skill set for a leader, as it in team management. You can develop this
skill over time through practice and guidance. Through executive development, executives
and managers can learn to delegate effectively. This may result in an increase in overall
productivity within the team.
Shorts Notes
(a) Sensitivity training: Sensitivity training is a method of group training that focuses on
helping participants develop a better awareness of group dynamics and their roles in the group.
(b) Job instruction training (JIT): Job Instruction Training (JIT) is a step-by-step ((1) Get
ready to instruct, (2) Prepare the learner, (3) Present the learning, (4) Try out learner performance, and
(5) Follow up) relatively simple technique used to train employees on the job.
(c) Case study: The case study is a method used as a part of, off-the-job managerial training and
development. It includes a detailed written description of a stimulated or real-life decision-making
scenario.
(d) Management games: management game is based upon a more or less realistic model of a
business situation which is used to simulate the outcomes of management decisions made by the
participants in the exercise.
(e) Simulation exercises: The purpose of a simulation exercise is to validate and enhance
preparedness and response plans, procedures and systems for all hazards and capabilities
(g) Understudy: an actor or other performer who learns the parts of others in a play, opera,
etc., so that he or she can replace them if necessary.
(i) Role playing: Role-playing allows a learner to assume the role or tasks of a job by
practicing or simulating real working conditions.
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Chapter – 10
performance appraisal
A performance appraisal is a formal assessment process where an employee’s job
performance is evaluated over a specific period. The purpose is to provide feedback on
strengths, areas for improvement, and achievements. It typically involves setting goals,
reviewing outcomes, and discussing future development plans. Performance appraisals can
influence decisions about promotions, compensation, training needs, and career progression.
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The process of performance appraisal
1. Goal Setting:
At the start of the evaluation period, supervisors and department heads Goal setting
set performance goals, often a blend of company-wide and
department-specific objectives. These goals serve as the benchmarks
for evaluating employee performance.
3. Employee Self-Assessment:
Employee Self-
• Employees complete a self-assessment, reflecting on their Assessment
accomplishments and grading themselves based on the goals set at
the beginning. This self-assessment is submitted to the manager for
review.
4. Manager’s Assessment:
Manager’s
• The manager conducts an independent assessment of the employee’s Assessment
performance, either before or after reviewing the employee’s self-
assessment. This forms the basis for providing constructive feedback
and serves as preparation for the final discussion.
5. Discussion:
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Steps a HR manager should follow to ensure effectiveness in evaluating employees
There are several common methods of performance appraisal based on absolute standards:
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• Checklist appraisal: A performance appraisal type in which a rate check off the
attributes of an employee that apply.
• Graphic rating scale: A performance appraisal method that lists a number of traits
and a range of performance for each.
• Behaviorally- anchored rating scale: A performance appraisal technique that
generates critical incidents and develops behavioral dimensions of performance. The
evaluator appraises behaviors father than traits.
1. Goal Setting: Specific and measurable objectives are set for each employee, often in
collaboration with their manager.
2. Participation: Employees play an active role in setting their own performance
targets.
3. Ongoing Monitoring: Progress is tracked regularly, with feedback provided
throughout the appraisal period.
4. Evaluation: At the end of the appraisal period, performance is evaluated based on
how well the employee met their set objectives.
5. Feedback and Adjustments: Based on the results, feedback is provided, and new
goals may be set for the next period.
1. Time-Consuming:
o The process requires significant time for setting goals, monitoring progress,
and providing feedback.
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2. Overemphasis on Quantitative Goals:
o May focus too heavily on measurable outcomes, neglecting qualitative aspects
like creativity and teamwork.
3. Short-Term Focus:
o Can lead to a focus on immediate objectives at the expense of long-term
development and strategic goals..
4. Not Suitable for All Roles:
o Less effective for roles where performance is difficult to quantify or measure.
5. Pressure and Stress:
o Can create excessive pressure and stress if goals are unrealistic or overly
ambitious.
SHORT NATE:
a. Performance appraisal by peers: Peer appraisals are the process of evaluating team
members based on feedback from colleagues.
b. Confidential report: CONFIDENTIAL REPORT means all manuals, specifications,
drawings, letters, faxes, emails and any other material containing Confidential
Information.
c. Checklist and weighted checklist appraisal: The weighted checklist method is a
type of performance appraisal method that uses a list of behavioral statements or skills
that are relevant to the job
d. BARS : A BARS is a tool for evaluating employees in a defined set of performance
dimensions by comparing their behaviors with specific behavior
e. Leniency error: Leniency error is a psychological concept that refers to the tendency
of individuals to rate others more positively than they deserve, regardless of their
actual performance.
f. Inflationary pressure : iinflationary pressure is the pressure exerted on the economy
that increases prices.
g. Performance appraisal by consultants: Performance appraisal is a process for
evaluating and documenting how well an employee is carrying out his or her job.
h. Critical incident appraisal : A critical incident appraisal focuses on the essential
behaviors that determine whether a task is done well or poorly.
i. Graphic rating scale : A graphic rating scale (sometimes called a Likert scale) is a
performance appraisal method that lists desired traits and behaviors for each role, then
rates workers on each of those on a numbered scale
j. Group order ranking : The group order ranking method is a process where the
employer tends to put all the employees in a performance bracket and rank them
according to their performance.
k. Halo error : is the proclivity for positive impressions of a person, company, country,
brand, or product in one area to positively influence one's opinion or feelings.
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Chapter:11
Motivation
Motivation is the process that initiates, guides, and maintains goal-oriented behaviours. For
instance, motivation is what helps you lose extra weight.
3. Praise and recognition It is important that the employee be recognised and praised for his job well
done.
5. Knowledge of results: A knowledge of result serves as an incentive to better performance and it also
facilitates learning the job.
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6. Participation: Participation is recognised as one of the best incentives for stimulating employee
efficiency and for enhancing job satisfaction.
7. Pride: The appeal of pride overlaps some of the incentives previously stated, such as competition and
praise. If a person wins in a competition with others or receives praise, part of his satisfaction can be
attributed to pride.
9. Cultural variation Cultural variation makes differences in human motives. There are significant
differences in the culture of say Bangladesh and Pakistan.
10. Social factor: Social satisfaction represents an important aspect of totality of benefits. They may
evolve from organisational elements..
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# 3. McGregor’s Theory X and Theory Y
- Theory X Assumption: People are inherently lazy, avoid work, and need to be controlled and
closely supervised.
- Theory Y Assumption: People are naturally motivated, seek responsibility, and can be self-
directed if given the right environment.
- Implication: Managers who subscribe to Theory X tend to micromanage, while those with a
Theory Y view delegate more and create an environment of trust.
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2. People are self-motivated: Employees will be motivated to achieve organizational goals when they
are committed and can take pride in their work.
3. People seek responsibility: Rather than avoiding responsibility, many people are willing to take on
more responsibility and see it as a source of fulfilment.
4. People are motivated by higher-level needs: Besides financial rewards, people are motivated by
intrinsic factors like personal growth, achievement.
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[Link] between motivation and commitment.
Motivation is the inspired initiative to start a task. It is fueled by desire for engaging in a behavior to
achieve goal. Commitment goes beyond desire. It is dedication to following through with behaviors
and actions that will lead to the accomplishment of that goal.
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Chapter 12
Reward
1. Reward
Payoff for efficient and effective performance may be regarded as reward. The most obvious
reward employees get from work is pay, and we will spend the major part of this chapter
addressing pay as a reward. However, rewards also include promotions, desirable work as
assignments, and a host of other less obvious payoffs a smile, acceptance by a peer, a covert
or overt implication that you are doing a good job, or a kind word of recognition.
2. Typs Of Rewards
There are a number of ways to classify rewards. Three of the more typical dichotomies are:
intrinsic versus extrinsic rewards, financial versus nonfinancial rewards, and performance-
based versus membership-based rewards. These categories are far from being mutually
exclusive.
1. Intrinsic versus Extrinsic Rewards: The satisfactions one gets from the job itself are its
intrinsic rewards. These satisfactions are self-initiated rewards, such as having pride in one's
work, having a feeling of accomplishment, or being part of a team. The techniques of flex
time, job enrichment, shorter work-weeks, and job rotation, can offer intrinsic rewards by
providing interesting and challenging jobs and allowing the employee greater freedom.
[Link] versus Nonfinancial Rewards: Rewards may or may not enhance the
employee's financial well-being. If they do, they can do this directly-through wages, bonuses,
profit sharing, and the like; or indirectly- through supportive benefits such as pension plans,
paid vacations, paid sick leaves, and purchase discounts.
[Link]-Based versus Membership-Based Rewards: The rewards that the
organization allocates can be said to be based on either performance criteria or membership
criteria. While the managers in most organizations will vigorously argue that their reward
system pays off for performance, you should recognize that this is almost invariably not the
case. Few organizations actually reward employees based on performance. However, without
question, the dominant basis for reward allocations in organization is membership.
3 Qualities of Effective Rewards
We can identify qualities that an effective reward system should have Research indicates that rewards
work best when they are individualized t reflect differences in what employees consider important, are
perceived as
1. Rewar
2. Intric
3. Oretter yo
4. Man
5. Fofurane
6. wering
7. Opportuniti for personal
8. Ingine hip haud
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9. Chit-of-Eving
10. Labor matn
11. Incentive plans
12. Performance
13. Polit
14. Extrinsic
15. office Samidings
16. Putened lasch
17. Amgal spaces
18. progtams
19. Prefered work
20. Services
21. Owe scntary
equitable, are visible and flexible, and can be allocated at a relatively low cost. We will expand on
each of these properties.
1. Importance: No particular reward is universally important to all employees. Money, for example,
can have a very different meaning to different people. It may to all represent basic security and love,
power, a measure of one's achievements, or merely the means to a comfortable life style. To some
employees, a taka 1000.00 ₫ month pay raise would be very important. Other employees, in the same
job and at the same salary level, might far prefer an extra week of vacation.
ally
This difference among employees was substantiated in a study undertaken at a public utility in the
U.S.A. One hundred and fifty employees were asked to rank their preference for rewards. It was
found that the employees, in general, rated extra vacation as most preferred, followed by pay, a
pension
3. Seniority: Seniority, job rights, and tenure dominate most civil service systems and while they do
not play as important a role in business organizations, there is evidence that length of time on the job
is a major factor in determining the allocation of rewards. Seniority's greatest virtue is that, relative to
other criteria, it is easy to determine. We may disagree as to
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3. Skills Held: Another practice that is not uncommon in organizations is to allocate rewards
based on the skills of the employee. Regardless of whether the skills are used, those
individuals who possess the highest skills or talents will be rewarded commensurately.
4. Job Difficulty: The complexity of the job can be a criterion by whichewards are distributed. For
example, those jobs that are highly repetitive and an be learned quickly may be viewed as less
deserving in rewards than hose that are more complex and sophisticated. Jobs that are difficult to
erform, require working odd hours, or are undesirable due to stress or inpleasant working conditions,
may have to carry with them rewards that are higher in order to attract workers to these activities.
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