Trends in HRM

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    LATEST TRENDS IN

    HUMAN RESOURCE

    MANAGEMENT

    Presented By :- Narciso Isidro Jr.

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    INTRODUCTION

    Human Resource Management is a process of

    bringing people and organizations togeter so tat

    te goals of eac oter are met.

    It is te part of management !ic plans"

    organize" direct and control te procurement"

    de#elopment and maintenance of uman resources

    in an organization.

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    SCOPE OF HRM $e scope of HRM is %uite !ide and ence is

    di#ided into tree categories" namely :-

    Personal &spect 'elfare &spect

    Industrial Relation &spect

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    PERSONAL ASPECTIt includes :-

    HR Planning

    Recruitment

    (election

    Placement

    $ransfer

    Promotion $raining and )e#elopment

    Remuneration i.e salary and !age

    Incenti#es.

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    WELFARE ASPECTIt includes :-

    'or*ing +onditions

    &menities suc as canteens" rest rooms etc.

    Housing $ransport

    Medical &ssistance

    ,ducation Healt and (ociety

    Recreation facilities

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    TRENDS IN HRM

    OUTSOURCING

    The cust!e" e#$ect%tins h%&e ch%n'ed %s h%&e HR (unctins) Functins

    %"e *ein' utsu"ced includin' "ec"uit!ent+ l%*" "el%tins %nd tt%l

    "e,%"ds)

    The ,"("ce is ,"in' !"e nn-t"%ditin%ll.) This includes (le#i*le ,"

    schedules+ &i"tu%l ,"$l%ces %nd '"e%te" "eli%nce n cntin'ent st%((in')

    The"e %"e utsu"cin' (i"!s ,hich c%"". ut the (unctins ( !%n%'in' the$e"%tins ( hu!%n "esu"ce %tt%in!ent %nd %llc%tin (" %chie&in' the

    desi"ed '%ls)

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    OUTSOURCING

    Businesses tat outsource HR are typically small to

    midsize firms !it bet!een 01 and 2133 employees.

    $ese businesses #ie! outsourcing as a tool tat relie#es

    tem from HR responsibilities and enables tem to focus

    on !at tey do best.

    It pro#ides e4tra benefits besides allo!ing te firm to

    concentrate on its core business operations.

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    OUTSOURCING

    $e basic ser#ices pro#ided by te HR outsourcing firms

    include :-

    a5

    6#erseeing organizational structure and staffingre%uirements

    b5 Recruiting" training and de#elopment

    c5 $rac*ing department ob7ecti#es" goals and strategies.

    d5 ,mployee and manager traininge5 Benefits administration

    f5 ,mployee orientation programme

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    WOR/PLACE DI0ERSIT1 'or*place )i#ersity refers to te oterness or tose uman

    %ualities tat are different from our o!n and outside te

    groups to !ic tey belong" yet present in oter

    indi#iduals and groups.

    )imensions of di#ersity include" but are not limited to age"

    etnicity" gender" race" caste" education etc.

    Managing di#ersity is defined as 8planning andimplementing organizational systems and practices to

    manage people so tat te potential ad#antages of di#ersity

    are ma4imized !ile its potential disad#antages are

    minimized.

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    WOR/PLACE DI0ERSIT1 Heterogeneity promotes creati#ity and eterogeneous

    groups a#e been so!n to produce better solutions to

    problems and a iger le#el of critical analysis. $is

    can be a #ital asset at a time !en te campus is

    undergoing tremendous cange and self 9 e4amination

    to find ne! and more effecti#e !ays to operate.

    'it effecti#e management of di#ersity" te firm

    de#elops a reputation as an employer of coice. Not

    only !ill you a#e te ability to attract te best talent

    from a srin*ing labor pool" you can sa#e time and

    money in recruitment and turno#er costs.

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    WOR/PLACE DI0ERSIT1

    In order to play a *ey role in te mar*et and sustaining te

    operational le#el !it efficiency" a firm needs some of s*ills

    in relation to identifying and dealing !it te !or*place

    di#ersity :-

    a5 &n understanding and acceptance of managing di#ersity

    concepts.

    b5 Recognition tat di#ersity is treaded troug e#ery

    aspect of management.c5 (elf-a!areness" in terms of understanding your o!n

    culture" identity" biases" pre7udices and stereotypes.

    d5 'illingness to callenge and cange institutional

    practices tat present barriers to different groups.

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    SCARCIT1 OF TALENT

    $e management of scarcity of talent is no! an

    essential management practice" !at !as once solely

    attaced to recruitment no! co#ers a multitude of

    areas.

    $e management of talent refers to attract" de#elop

    and retain employees. (ome people and organizationsuse te tecni%ue to refer especially to talented or

    ig potential employees.

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    SCARCIT1 OF TALENT

    ,mployers need to recognize talent as an asset to

    be deployed !itin an organization and te HR

    function must be 8more planned and strategic

    about talent allocation.

    $is deals !it disco#ering !ere untapped

    sources of talent lie and e#ol#ing creati#e !ays of

    attracting and identifying ne! talent. $en" all oftese assets must be de#eloped and allocated

    effecti#ely troug a business" so tat te talent

    balance remains constant.

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    SCARCIT1 OF TALENT

    It may be difficult to find talent to co#er 7obs tat

    re%uire special s*ills" tere;s also a strong need for

    employers to de#elop programmes" !ic build

    talent o#er a long timeframe.

    It defines te organizational relationsip !it

    tose employees !o add more #alue to te

    business" o!e#er tat #alue is defined.

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    EMPHASIS ON INDUSTRIAL

    RELATIONS

    Industrial relations is a multidisciplinary field

    tat studies te collecti#e aspects of te

    employment relationsip. It is increasingly

    being called employment relations because ofte importance of non-industrial employment

    relationsips. IR as a core concern !it

    social 7ustice troug te fair employment

    practices and decent !or*.

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    EMPHASIS ON INDUSTRIAL

    RELATIONS

    $e ma7or tas*s of HRM and Industrial Relations

    are :-

    Hiring (taff

    Negotiation of employment contracts andconditions

    Performance Management

    Re!ard (ystems

    )ispute Resolution

    )isciplinary Process

    ,nsuring Healt and safety to staff

    ,mployee Moti#ation

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    EMPHASIS ON INDUSTRIAL

    RELATIONS

    HR managers are e4pected to *no! teir

    obligations under federal and state

    industrial relations legislations" suc as

    !at teir minimum obligations" are in

    regard to employees; pay and

    conditions" !at role union officials can

    play" and managing potential industrialaction.

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    SOCIAL MEDIA

    No HR personnel can afford to ignore te

    importance of social media" eiter in terms of teir

    use of it in teir !or*ing life and in furtering

    teir career" or in terms of o! employees !itin

    teir organization are using it.

    HR professionals must become increasingly

    social-media-sa!y in order to na#igate aprogressi#ely more noisy digital en#ironment.

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    SOCIAL MEDIA (ocial media is no! !idely used by HR

    professionals to sare and disseminate information

    !it teir industry peers and as a net!or*ing tool.

    People are using a !ide array of platforms suc as

    lin*edin"

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    ADOPTING HR TECHNOLOG1It is important to loo* for!ard for te canging trends in

    tecnology !ic can a#e an impact on te HR

    practices. nderstanding tese canges !ill elp te

    mangers to adapt and flouris. $e !ide range of

    impact of tecnology on HR can be clearly #ie!ed onte HR functions:-

    a5 Recruitment

    b5 $raining = )e#elopment

    c5 Performance &ppraisal

    d5 Payroll = &ttendance Record

    e5 ,mployee Benefits

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    ADOPTING HR TECHNOLOG1

    In c%se ( Rec"uit!ent : I$ as a igly positi#e impact. ,-

    recruitment is te use of tecnology or !eb based tools to support

    te recruitment process.

    $e ma7or !ays of recruitment" !ic companies commonly useare by displaying te career opportunities on teir !ebsites"

    depending on te 7ob portals for ma*ing te potential ires and

    using social net!or*ing sites for getting te database.

    It pro#ides a economic !ay to publis 7ob openings !it greaterreac.

    It speeds up te recruitment process and pro#ides a 0>?@ access to

    online resumes.

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    ADOPTING HR TECHNOLOG1

    In c%se ( T"%inin' 2 De&el$!ent :,-learning

    is an intense opportunity pro#ided by te

    companies for teir employees" !ic elp tem to

    increase teir *no!ledge le#el. $e training

    materials are pro#ided online" employees can

    utilize tese materials and get trained. In tis case

    of e-learning" employees a#e an ad#antage tat

    tey can learn at teir o!n pace.

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    ADOPTING HR TECHNOLOG1

    In c%se ( Pe"("!%nce M%n%'e!ent+ $%."ll %nd %ttend%nce !%inten%nce :

    $ese functions a#e become a part of te customized soft!are pac*age li*e

    ,RP solutions.

    +PM A+omputerized Performance Monitoring5 system used by companies

    elp in data collection by counting te number of !or* units co#ered by eac

    one per time period.

    &t a time" it elps in calculating te performance of appro4imately ten million

    people.

    Inade%uate testing of te application and poor implementation can lead to

    problems in te system

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    ADOPTING HR TECHNOLOG1

    In c%se ( E!$l.ee 3ene(its :

    $e use of ,(( A,mployee (elf (er#ice5 as elped

    te HR managers to dedicate more time on

    strategic issues li*e !or*force management. It elps in succession planning" compensation

    planning etc. and ensuring tat te employee;s

    data are accurate and updated.

    $roug tis solution" employees get access toteir data" pay roll information" training materials

    etc. online !ic allo! tem to *eep teir data

    updated.