Capital Rationing

Capital rationing is a common practice in most of the companies as they have more profitable projects available for investment as compared to the capital …

Human Resource Planning

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 …

Job Analysis and Job Design

Job Analysis is a systematic exploration, study and recording the responsibilities, duties, skills, accountabilities, work environment and ability requirements of a specific job. It also …

Employee involvement, Flexible Work Schedule

Employee involvement is creating an environment in which people have an impact on decisions and actions that affect their jobs. Employee involvement is not the …

Placement and induction

Placement Placement is a process of assigning a specific job to each of the selected candidates. It involves assigning a specific rank and responsibility to …

Right Sizing

Rightsizing is the process of a company restructuring or reorganizing itself by reducing its workforce, cost-cutting, or rearranging its upper management. The aim is to …

Human Resource Management Nature, Scope, Function, Challenges

Human Resource Management Nature, Scope, Function, Challenges

HRM Objectives and Functions

Objectives: The primary objective of HRM is to ensure the availability of right people for right jobs so as the organisational goals are achieved effectively. …

HRM Policies

As India integrates into the global market, foreign firms entering the country have to strike a balance between following their own best practices while adapting …

HRM in Globally Competitive Environment

HR professionals are faced with addressing global issues on an ever-increasing basis. This is true even for organizations that historically only operated in a domestic …

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