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Introduction to Human Resource Management. Module 4 Nimit Ganatra Asst Professor Sanajybhai Rajguru college of engineering. Content. Importance of HRM H.R planning process Recruitment process Selection process Selection test: Type of tests. Importance of Human Resource PG 117-T.B.
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Introduction to Human Resource Management Module 4 NimitGanatra Asst Professor SanajybhaiRajguru college of engineering
Content • Importance of HRM • H.R planning process • Recruitment process • Selection process • Selection test: Type of tests
Importance of Human ResourcePG 117-T.B • HR is the only asset which is appreciated • HR alone can produce larger output then input( eg best out of waste) • They provide utility value to fixed asset(competent worker on machine) • Flexibility of organization depends more on people then on any technical factors
Concept of HR Planning • HR planning is a process of identifying the right person for the right job at the right time and at the right cost • HR planning is estimation of future manpower • HR planning intends to achieve better customer satisfaction quality enhancement and improved employee motivation
Cont.. • From functional perspective- employee motivation and commitment team spirit mutual trust and creativity • HR planning is affected by 2 important factors
Cont.. • Initially HR planning was considered a short term activity and problem of line manager
Objectives of HR planning • Attracting developing and retaining efficient workforce • Evaluating and rewarding its performance • Investing and controlling HR plans and programs to optimize HR cost
Cont.. • The direct and immediate purpose(objective)is to • Investigate • Forecast • Plan • Control • Match the demand for and supply of manpower
Features of HR planning(Importance/significance) • Assessing future recruitment requirement • Optimum utilization of available HR • Developing training and retaining programs • Formulating compensation policies • Determining management development programs
Cont.. • Gaining competitive advantage • Shaping future plan and strategy
HR planning process • HR planning is an on going process for an organization to manage changes in its internal and external environment on sustained bases
1. • Consideration of organizational objectives and strategy
4.HR Need Assessment • Trend analysis (past events) • Ratio analysis (ex units: workers) • Delphi techniques (data sent to and suggestion received-done multiple times) • Normal group technique( individual plans before preparing to experts)
Managerial judgment( bottom up and top down) • Work study technique (aims at productivity) • Zero based forecasting • Simulation model( mathematics – software oriented technique) • HR allocation approach (object oriented simulation approach)
5.Need forecasting estimation of availability • Internal supply of employee • Replacement charts • Turn over rate • HR management Information system • Productivity level • Overtime and absenteeism • Sucession planning
Cont.. • Other factors ( resignation –death) • External supply
After point 4 and 5 in process of • Developing plans and programs • Recruitment and reduction
Cont.. • Ability includes • 1. Intelligence • 2. Aptitude • 3.achievement