4 Key Principles of HR Management and Human Capital Strategy

Human resource management is the formal system that is in place in an organization in which they employ it to handle and manage the employees of the organization.

In a human resource management, there are 4 elements that outline the key principles. Each of these elements requires careful planning and close maintenance to ensure a seamless operation throughout the organization.

The 4 key principles are:
Acquisition – The manpower planning and employee recruitment are categorized under acquisition where a close assessment and consideration on candidate’s profile needs to be done in order to ensure relevance to the organization’s goals and requirement

Development – There are many training plans and modules that are used under the development aspect of Human Resource Management. Through these, the employees are constantly provided with skills and capabilities to increase their value to the organization Continue reading “4 Key Principles of HR Management and Human Capital Strategy”

Key Performance Indicators For HR Management

Key Performance Indicators are alternatively known as Key Success Indicators (or KSI). They help organizations define together with measuring their overall progress to the aims determined by the organizational.

KPI are quantifiable measurements as we agreed on ahead. They represent the grave success factors in an organization.

However, they tend to differ a great deal as matters dependent on what sort of organizations they’re used with. A business might have ‘income’ as a KPI. A college, on the other hand, might focus its KPI about the number of graduate students.

As a performance measurement theory, KPI entails controlling and the measurement of the performance of the company by focusing completely on these crucial indicators that contribute directly to the companies’ overall success and failure concerning performance.

It might be used among varied organization degrees though there’re many thoughts encircling the entire notion. As an example, a CEO could make use of the KPI for quantifying and controlling the business. Continue reading “Key Performance Indicators For HR Management”

HR Management Powerpoint Presentation Slides Contents

One of the main functions of the HR department is to recruit. This is a process in which the job vacancy is determined and the potential employees will be notified. The recruitment process under HR Management PowerPoint Presentation is going to be regulated and subjected to the employment law.

The core forms of the recruitment process are done through advertising in magazines, newspapers, internal vacancy lists, and trade papers.

Under the recruitment process is job description which is an outline of all the roles of a job holder. Next is the person specification, a detailed outline of all the skills and qualities required by the post holder.

All of the applicants can prove if they are suitable for the job through the help of their application form, curriculum vitae, or an application letter.

Another function of the HR Management PowerPoint Presentation is to select the potential employee. They are going to have a short listing, perform an interview with the applicant, and conduct some aptitude and psychometric testing. Continue reading “HR Management Powerpoint Presentation Slides Contents”

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