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MBA In Human Resource Full Guide On MBA In Human Resource Presented By Mbaprojectguide
Who We Are? Mbaprojectguide: We prepare project report for MBA, BBA final year students . We have 7+ years of experience. We provide project making services in subjects like Marketing, Human resource, Operations, Retail, Banking, Project, Systems, Business analytics, Finance, Supply Chain Management etc. Readymade as well as customized projects. We make MBA projects for following universities: Symbiosis Center For Distance Learning , Indira Gandhi National Open University, Sikkim ManipalUniversity, Massachusetts Institute of Technology, AMITY, Pondicherry University, IMTCDL, Jawaharlal Nehru University, University of Petroleum and Energy Studies, Institute of Chartered Financial Analysts of India Etc.
Introduction MBA In Human Resource Management Human Resource Management is worried about the dimension of people in management. Since every company is made up of people obtaining their services developing their skills prompting them to achieve a higher level of performance and ensuring that they continue their dedication in the company and essential in achieving a firm goal. This is true regardless of the type of company government, education, health, restoration, or direct action. Human Resource Management is planning, organizing, staffing, directing, controlling, growth, remuneration, continuance, and partition of Human Resource to the end that individual or company and social goals are mastered. Thus Human Resource Management refers to a set of programs, purpose, and activities designed and accomplished to increase both employees as well as company effectiveness. Meaning of Human Resource Management In MBA: Human Resource Management is a Management function that helps the manager to enlist, select, teach, instruct, and grow members of the company because human strength acts as the heart of a company without a human company unable to accomplish its predetermined target or objectives. Human Resource Management is a Management Function bothered with appointing and prompting people in a company.
Human Resource Management Overview • 6 Types of HRM • Compensation and Benefits • Recruitment and Staffing • Training and Development • Employee relations • Employee satisfaction • Labor laws and legal compliance • HRM Techniques • Authority. ... • Coaching. ... • Instruction Atmosphere Appraisal • Capability The board/Information • Motivating force Frameworks. ... • Explanatory and Critical thinking • Inward Correspondence.
Importance Of HRM • Human Resource in nations welfare • Man vs Mechanism • HR and common management • HR system and middle subsystem • Human Resource Accounting • Human Resource and market wealth • Objective oriented • Increase development and growth • Improve relationships • Helps in team work • Identifies person for the future • Allocating job to right applicant • Improves the economy
Courses Of HRM • Strategic Management • Managerial Economics • Entrepreneurship Development • Human Resource Information System • Human Resource Planning and Development • Training and Development • Performance Management and Competency Mapping • Quantitative Techniques in Human Resource Management • Compensation and Reward Management • Organizational Change and Development • Strategic Human Resource and Management
MBA in HR Management Job Roles and Career Opportunities: MBA in Human Resource management is needed in each firm Whatever industry or size. They are the ones who screen potential applicants. Enlist, train new employees, and prompt current employees by offering them competitive remuneration and other advantages. They frame the firm's Human resource management policy and make sure all workers follow it for the interest of a company like leave policy, encouragement. HR Generalist: HR generalist is a casual HR manager who looks into a variety of roles like getting job applications, assessment resumes, documenting section process, foreseeing for recruitment drives, and so on. Their starting salary earnings are around 2.5 lakhs in India. Staffing Director: The staffing director is a high ranking HR manager who takes the main decisions regarding the management of existing workers. He or she plays a key role in composing promotion policies, recruitment requirements, transfers, instruction, etc. Technical recruiter: the technical recruiter is a middle-level HR manager who is entrusted with judging the technical knowledge of prospective applicants and shortlists the ones who are fine at technical. This holds more importance for knowledge-based service production like IT, Banking, etc. the average salary of a technical recruiter is 2.2 lakhs per annum in India.
Compensation Manager: Compensation managers are the middle-level Human Resource managers who plan, examine, and determine the salary of existing and new workers of the company. He or she makes sure the remuneration offered adheres to the minimum wage act and other labor laws. He or she determines the remuneration composition, bonus, and other advantages to be offered to the workers and also plays a critical role in ensuring workers remain prompt by competitive pay and regular increases at the same time maintaining costs on wages. They are expected to receive an average salary of Rs 10-16 lakhs per annum in India. Employees relations manager: employees relations managers are in charge to maintain a cordial relationship between workers and firm management. They organize daily meetings for feedback and suggestions from workers and trade unions. Address their complaints, grievances and settle clashes among two or more workers and firms internally. Director of HR Training & Development: Director of HR training and development is a top-level HR manager in charge of the design and delivery of training for new workers as well as existing workers. He or she makes sure the teaching sessions are fruitful and productive for the contestant and results in an advantage for the company by an increase in the productivity of workers. They are expected to earn an annual package of 15 lakhs and upwards in India.
Functions Performed In Human Resource Management: 1.Recruitment/Hiring: Hiring is an activity that brings a pool of prospective applicants who can help the company achieve its objectives and allows human resource management to select the right applicants from the given pool. 2.Job analysis and design: Describing the character of the job like qualification, skill, work experience, required for a specific job position is another important operative job. Whereas job design includes outlining job duties and responsibility into a single work unit to accomplish the objective or target. 3.Performance appraisal: Checking and examining worker performance is another important function that human resource management has to perform. 4.Training & Development: this function allows workers to acquire new skills and knowledge to perform tasks effectively. Training and development also prepare workers for higher-level responsibility. 5.Salary administration: The human resource department also determines salary or remuneration for different job types. Such as compensation, incentives, bonus, and rewards with a job function. 6.Employee Welfare: this function takes care of numerous services advantages and facilities provided to a worker for their welfare.
7.Maintenance: reducing worker turnover and sustaining the best performing workers within the company is the key. Reducing return on investment within the human resource department is a key objective for the human resource management team. 8.Labor Relations: labor relations is regards to the employees who work within a trade union. The workforce in such a domain from a community to voice their conclusion effectively to the higher management. 9.Personal Research: research is an important part of human resource management. It is performed to keep a check on worker opinion about wages, promotions, labor conditions, welfare activities, leadership, worker satisfaction, and other issues. 10.Personal Record: this function includes recording, maintaining, recovering worker-related information, involves employment history, work hours, and salary history.
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