Professional Documents
Culture Documents
Incentives
Incentives refer to the variable records granted to the individuals in terms of changes in
specific results in organisational setting incentives incite the people towards action
According to George R Terry, incentives means that which incites or has tendency to
incite action They are devised to play a causal role in conjuction with rewarding the effect
In simple words, incentives means that psychological excitement which makes the
employees efficient Normally the employees need the incentives to achieve the
objectives Security in job, recognition, promotion, respect, praise, minimum wages
promise are the examples of incentives
Labels: HRM2M
Motivation
Motivation is the inner drive that directs a persons behavior toward goals. Motivation can
be defined as a process which energizes, directs and sustains human behavior. In HRM
the term refers to persons desire to do the best possible job or to exert the maximum
effort to perform assigned tasks. An important feature of motivation is that it is behavior
directed towards goal.
Labour Turnover
Labour turnover is the proportion of employees that leave a business over a period of
time. This is usually measured over one year. Labour turnover is calculated by dividing
the number of employees leaving by the average number of employees within the
business and then multiplying it by 100. For example if 20 employees left the business
and the average number of employees was 500 then the labour turnover would be 4%
((20/500)x100).
Job Analysis
Job analysis is the formal process of identifying the content of a job in terms activities
involved and attributes needed to perform the work and identifies major job
requirements. Job analysis was conceptualized by two of the founders of
industrial/organizational psychology, Frederick Taylor and Lillian Moller Gilbreth in the
early 20th century. Job analyses provide information to organizations which helps to
determine which employees are best fit for specific jobs.
Internship Training
Internship is a system of on-the-job training for white-collar and professional
careers.Internships for professional careers are similar to apprenticeships for trade and
vocational jobs. Although interns are typically college or university students, they can
also be high school students or post-graduate adults. On occasion, they are middle
school or even elementary students.
Generally, the internship works as an exchange of services for experience between the
student and his or her employer. They can also use an internship to determine if they
have an interest in a particular career, create a network of contacts, or gain school credit.
Some interns also find permanent, paid employment with the companies in which they
interned. Thus, employers also benefit as experienced interns need little or no training
when they begin full-time regular employment
CENTRALIZED RECRUITMENT
The recruitment practices of an organisation are centralized when the HR / recruitment
department of an organisation are carried out by the one central HR (or recruitment)
department. Centralized from of recruitment is commonly seen in government
organisations.
Human Resources Development (HRD) as a theory is a framework for the expansion of human
capital within an organization through the development of both the organization and the individual
to achieve performance improvement. Adam Smith states, The capacities of individuals depended
on their access to education. The same statement applies to organizations themselves, but it
requires a much broader field to cover both areas.
Human Resource Development is the integrated use of training, organization, and career
development efforts to improve individual, group and organizational effectiveness. HRD develops
the key competencies that enable individuals in organizations to perform current and future jobs
through planned learning activities. Groups within organizations use HRD to initiate and manage
change. Also, HRD ensures a match between individual and organizational needs. [
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Induction
An induction programme is an important process for bringing staff into an organisation. It provides
an introduction to the working environment and the set-up of the employee within the
organisation. The process will cover the employer and employee rights and the terms and
conditions of employment. As a priority the induction programme must cover any legal and
compliance requirements for working at the company and pay attention to the health and safety of
the new employee.
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Labels: HRM2M
hire, train and develop employees and managers. HRA also finds out the present economic
value of its employees and managers .