Human Resource Management (HRM)

Manpower Planning
1. Forecast Future Demand
2. Calculate Existing Supply
3. Recruitment/Redundancy
Recruitment and Selection
1. 1. Prepare a Job Description
2. 2. Prepare a Person Specification
3. 3. Encourage Suitable Candidates to Apply
4. 4. Screening
5. 5. Selection Tests
6. 6. Interview
7. 7. Check References
8. 8. Offer the Job
Training and Development
1. Induction Training
2. On-The-Job Training
3. Off-The-Job Training
4. Development
Performance Appraisal
1. 1. Targets are set
2. 2. Regular Monitoring
3. 3. Formal Appraisal Form
4. 4. Formal Meeting
Pay and Rewards
1. Financial Rewards
  1. Basic Wage
  2. Hourly Rate
  3. Piece Rate
  4. Commission
  5. Bonus
  6. Benefits-in Kind (BIK)
  7. Profit Sharing
2. Non-Financial Rewards
  1. Improved Working Conditions
  2. Job Enlargement
  3. Job Enrichment
Employer/Employee Rewards
1. Regular Open Communications
2. Grievance Procedures
3. Training
4. Careful Selection

Resource summary

	Created by niamhmd about 9 years ago