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Mba HRM

This document provides an overview of key concepts in human resource management. It defines HRM and discusses its objectives, nature, and importance. It also defines related terms like human resource development, personnel management, recruitment, selection, training and development, compensation, and career planning. The document outlines the managerial and operative functions of HRM and discusses concepts like job analysis, job descriptions, job specifications, promotion, transfer, and wage systems.
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0% found this document useful (0 votes)
75 views

Mba HRM

This document provides an overview of key concepts in human resource management. It defines HRM and discusses its objectives, nature, and importance. It also defines related terms like human resource development, personnel management, recruitment, selection, training and development, compensation, and career planning. The document outlines the managerial and operative functions of HRM and discusses concepts like job analysis, job descriptions, job specifications, promotion, transfer, and wage systems.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SWAMI VIVEKANANDA ARTS AND SCIENCE COLLEGE ,VALLAM,THANJAVUR.

DEPARTMENT OF BUSINESS ADMINISTRATION


CLASS : MBA SEMESTER: VI
SUBJECT: Human Resource Management Subject code: P16MBA11

1. Define Human Resource Management.


“Human resource management is the planning, organizing, directing and controlling of
the procurement, development, compensation, integration, maintenance and reproduction of
human resource to the end that individual, organizational and society’ objectives are
accomplished.”

2. What is Human Resource Development?


Human Resource Development is the continuous process of improving the capabilities
required to achieve organizational and individual goals.

3. Explain the need for human resource development?


1. Changes in Economic Policies
2. Changing Job Requirements
3. Need for Multi-skilled Human Resources
4. Organizational Complexity
5. Human Relations
6. Organizational Viability and Transformation Process

4. What is the nature of Human Resource Management?


1. Inherent Part of Management
2. Pervasive Function
3. Basic to all Functional Areas
4. People Centered
5. Continuous Process

5. 5. Personnel Management
“Personnel management is that part of the management process which is primarily
concerned with the human constituents of an organisation.”

6. What are the objectives of HRM?


To ensure effective utilization of human resources
To identify and satisfy the needs of individuals
To ensure respect for human beings
To generate maximum development of human resources

7. Managerial functions
1. Planning
2. Organization
3. Directing
4. Controlling

MR.P.RAMKUMAR.MBA, M.PHIL, MHRM. ASSISTANT PROFESSOR OF MANAGEMENT STUDIES.


SWAMI VIVEKANANDA ARTS AND SCIENCE COLLEGE ,VALLAM,THANJAVUR.
DEPARTMENT OF BUSINESS ADMINISTRATION
CLASS : MBA SEMESTER: VI
SUBJECT: Human Resource Management Subject code: P16MBA11

8. Operative Functions
1. Procurement of Personnel
2. Development of Personnel
3. Compensation to Personnel
4. Maintaining Good Industrial Relation
5.Personnel Planning and Evaluation

9. Importance of HRM.
1. It helps management in the preparation adoption and continuing evolution of personnel
programmes and policies.
2. It supplies skilled workers through scientific selection process.
3. It ensures maximum benefit out of the expenditure on training and development and
appreciates the human assets

10. What do you mean by HRP?


Human Resource Planning (HRP) is the process of forecasting the future human resource
requirements of the organization and determining as to how the existing human resource capacity
of the organization can be utilized to fulfill these requirements.

11. HR Planning process


Current HR Supply
Future HR Demand
Demand Forecast
HR Sourcing Strategy and Implementation

12. Need and Importance of Human Resource Planning:


Human Resource Planning identifies gaps in existing manpower in terms of their quantity
and talent
Human Resource Planning facilitates the expansion and diversification of an
organisation.
Human Resource Planning is helpful in effective utilisation of technological progress.

13. Job analysis


Job analysis in human resource management (HRM) refers to the process of identifying
and determining the duties, responsibilities, and specifications of a given job.

14. Job Descriptions


It is a list of job duties, responsibilities,reporting, relationships, working conditions and
supervisory responsibilities.

15. Job Specifications

MR.P.RAMKUMAR.MBA, M.PHIL, MHRM. ASSISTANT PROFESSOR OF MANAGEMENT STUDIES.


SWAMI VIVEKANANDA ARTS AND SCIENCE COLLEGE ,VALLAM,THANJAVUR.
DEPARTMENT OF BUSINESS ADMINISTRATION
CLASS : MBA SEMESTER: VI
SUBJECT: Human Resource Management Subject code: P16MBA11
Job specification is a statement of employee characteristics and qualifications required
for satisfactory performance of defined duties and tasks comprising a specific job or function.
Job specification is derived from job analysis.

16. What is recruitment?


Recruitment refers to the process of identifying, attracting, interviewing, selecting, hiring
and onboarding employees. In other words, it involves everything from the identification of a
staffing need to filling it.

17. Selection
The Selection is the process of choosing the most suitable candidate for the vacant
position in the organization.

18. Personality test


In this test the emotional ability or the emotional quotient is tested. This test judges the
ability to work in a group, inter personal skills, ability to understand and handle conflicts and
judge motivation levels.

19. Training and Development


Employee training and development implies a program in which specific knowledge,
skills and abilities are imparted to the employees, with the aim of raising their performance level,
in their existing roles, as well as providing them learning opportunities, to further their growth.

20. Importance of Training and Development


1. Better utilization of an organization’s resources, i.e. men, machine, material and
money.
2. Less wastage, with respect to resources and time
3. Improves the performance
4. Reduction in employee turnover

21. Inputs in Training and Development


Skills
Education
Development:
Ethics
Change in attitude

22. Career Planning


Career planning is the self-evaluation & planning done by a person to have a strong
career path. Career planning process in the continuous reiterative process of understanding
oneself, setting career goals, revising skills and searching for the right career options.

MR.P.RAMKUMAR.MBA, M.PHIL, MHRM. ASSISTANT PROFESSOR OF MANAGEMENT STUDIES.


SWAMI VIVEKANANDA ARTS AND SCIENCE COLLEGE ,VALLAM,THANJAVUR.
DEPARTMENT OF BUSINESS ADMINISTRATION
CLASS : MBA SEMESTER: VI
SUBJECT: Human Resource Management Subject code: P16MBA11
23. Objectives of career planning
i. Attract and retain talent by offering careers, not jobs.
ii. Use human resources effectively and achieve greater productivity.
iii. Reduce employee turnover.
iv. Improve employee morale and motivation.

24. Career planning process


i. Identifying individual needs and aspirations
ii. Analyzing career opportunities
ii. Aligning needs and opportunities
iv. Action plans and periodic review

25. Job Promotion


Promotion is vertical movement of an employee within the organisation. In other words,
promotion refers to the upward movement of an employee from one job to another higher one,
with increase in salary, status and responsibilities.

26. Basis for promotion


1. Seniority i.e., length of service
2. Merit, i .e, performance
3.Educational and technical qualification
4. Potential for better performance

27. Job Transfer


A transfer refers to lateral movement of employees within the same grade, from one job
to another. According to Flippo “a transfer is a change in the job (accompanied by a change in
the place of the job) of an employee without a change in responsibilities or remuneration”.

28. Types of transfer


1. Production Transfer:
2. Remedial Transfer:
3. Replacement Transfer:
4. Versatility Transfer:
5. Penalty Transfer:

29. Wage
Wage refers to the amount of money that an employee or a worker is getting in lieu of the
work that he/she is doing. Talking more specially in HR terms wage refers to a defined amount
of money given to an individual for work or services which is given on a daily or weekly basis.

MR.P.RAMKUMAR.MBA, M.PHIL, MHRM. ASSISTANT PROFESSOR OF MANAGEMENT STUDIES.


SWAMI VIVEKANANDA ARTS AND SCIENCE COLLEGE ,VALLAM,THANJAVUR.
DEPARTMENT OF BUSINESS ADMINISTRATION
CLASS : MBA SEMESTER: VI
SUBJECT: Human Resource Management Subject code: P16MBA11
30. Advantages of Being an Employee on Wage:
1. It gives the employees an opportunity to earn more and henceforth raises the standard
of living.
2. Such incentives help in improving IR & discipline within the organization.
3. Also,, such incentives act as a reward for good performance of an employee and hence
encourages the workers to work well.

31. Disadvantages of Being an Employee on Wage:


1. Employees who are paid a wage earn less for more work compared to their salaried
counterparts.
2. They do not get (or) get less benefits in terms of the perks.
3. They don’t have any job security and can lose their job at any point of time.

32. Time Rate System:


Under this method of wage payment, the workers are paid the wages on the basis of time.
In this system of wage payment, the workers are paid the wages on the basis of time as, per hour,
per day, per week, per fortnight or per month etc. This system does not consider the production
of the employees during this time.

33. Merits of Time Rate System:


1. Simplicity
2. Certainty of the Amount of the Remuneration
3. High Quality of Production
4. Proper Utilisation of the Factors of Production
5. Co-Operation between Labour and Capital

34. Demerits of Time Rate System:


1. Need of Intensive Supervision
2. Lack of Incentive
3. Encouragement of Labour Unions
4. Misuse of Time by Workers

35. Piece Rate System:


Under this system of wage payment, the workers are paid the wages on the basis of
quantity and quality of work performed by them. Under this system, the rates of wages are
determined according to quantity and quality of work and the workers are paid according to these
rates.

36. Merits of Piece Rate System:


1. Incentive to More Work
2. Proper Utilisation of Machines
3. Increase in the Quantity of Production
4. Best Utilisation of Time
5. Decrease in the Cost of Production

MR.P.RAMKUMAR.MBA, M.PHIL, MHRM. ASSISTANT PROFESSOR OF MANAGEMENT STUDIES.


SWAMI VIVEKANANDA ARTS AND SCIENCE COLLEGE ,VALLAM,THANJAVUR.
DEPARTMENT OF BUSINESS ADMINISTRATION
CLASS : MBA SEMESTER: VI
SUBJECT: Human Resource Management Subject code: P16MBA11
37. Demerits of Piece Rate System:
1. Lack of Unity among Workers
2. Loss of Workers on the Failure of Machines etc
3. Misuse of the Factors of Production
4. Low Quality of Production

38. Incentive Wage System:


These systems provide incentives to the workers to produce more and more maintaining
the quality as well. The workers are paid bonus or premium for the additional work. It is
important to note that almost all the systems incentive wages provide for minimum guaranteed
wages to the workers.

39. Fringe benefits


Fringe benefits are supplementary compensation made in addition to wages, the object
being to stimulate the interest of the workers and to make the job more attractive and conducive.

40. Performance Evaluation


It is a constructive process to acknowledge the performance of a non-probationary career
employee. An employee's evaluation shall be sufficiently specific to inform and guide the
employee in the performance of her/his duties. Performance evaluation is not in and of itself a
disciplinary procedure.

41. Objectives of Performance Appraisal


1. To maintain records in order to determine compensation packages, wage structure,
salaries raises, etc.
2. To identify the strengths and weaknesses of employees to place right men on right job.
3. To maintain and assess the potential present in a person for further growth and
development.

42. Advantages of Performance Appraisal


Promotion
Compensation
Employees Development
Selection Validation
Communication
Motivation

43. Ranking Method


The ranking system requires the rater to rank his subordinates on overall performance.
This consists in simply putting a man in a rank order. Under this method, the ranking of an
employee in a work group is done against that of another employee.

MR.P.RAMKUMAR.MBA, M.PHIL, MHRM. ASSISTANT PROFESSOR OF MANAGEMENT STUDIES.


SWAMI VIVEKANANDA ARTS AND SCIENCE COLLEGE ,VALLAM,THANJAVUR.
DEPARTMENT OF BUSINESS ADMINISTRATION
CLASS : MBA SEMESTER: VI
SUBJECT: Human Resource Management Subject code: P16MBA11
44. Limitations of Ranking Method
i. The “whole man” is compared with another “whole man” in this method. In practice, it is
very difficult to compare individuals possessing various individual traits.
ii. This method speaks only of the position where an employee stands in his group. It does
not test anything about how much better or how much worse an employee is when
compared to another employee.

45. What is a Grievance?


In the context of employee-employer relations, the term “grievance” usually relates to an
employee’s allegation of a violation of workplace policy or contract terms.

46. What is a Grievance Procedure?


When a grievance is brought to the attention of an employer, usually the employer has a
formal means of addressing the employee’s concern and trying to reach a resolution. This formal
means is usually referred to as the grievance procedure.

47. Causes of Grievances:


1. Economic
2. Work environment
3. Supervision
4. Organizational change
5. Employee relations

48. Effects of Grievance


Low quality of production
Low productivity
Increase in the rate of absenteeism and turnover
Reduction in the level of employee morale.

MR.P.RAMKUMAR.MBA, M.PHIL, MHRM. ASSISTANT PROFESSOR OF MANAGEMENT STUDIES.

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