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HUMAN RESOURCE MANAGEMENT (HRM) For MBA Students TEACHING NOTES BY Prof. Vishwajeet Vinayak Gaike
Concept and Challenges
HRM Basics
Introduction, Objectives, Scope, Features of HRM, Role of HRM, Importance of HRM, Policies and Practices of HRM, Functions of HRM, Challenges of HRM.
SHRM
Introduction to SHRM: Define SHRM, importance and nature. HRM Models: Harvard Model, SHRM “matching model”
HR Acquisition & Retention
Job Analysis
Process– Contents of Job Description & Job Specification, Job description Vs job specification,
Job design
Factors affecting Job design, Job enrichment Vs job enlargement
Recruitment
Introduction & Sources of Recruitment, Difference between recruitment and selection-Recruitment
Selection
Process of selection, Placement, Induction and Orientation
Career Planning
Process of career planning and development Succession Planning Process, Transfer and Promotion
Employee Retention
Importance of retention, strategies of retention
Performance Management
Performance Appraisal
Definition, Objective, Importance, Appraisal Process and Appraisal Methods.
Need for Performance Management
Why to measure performance and its purpose.
Appraisal vs Management
Performance Appraisal Vs Performance Management,
Potential Management
Training and Development
T & D Basics
Definition – Scope – Conceptual framework of Training and development of Employees, Role of Training in Organizations, Objectives, The Training and Development Process,
Training Need Assessment
Types of training, Difference between training and development,
Training Evaluation
Benefits of training, Evaluation of Training Effectiveness: Kirkpatrick model.
Compensation Management
Compensation Basics
: Concept, Objectives, Importance of Compensation Management, Process,
Compensation Plan
Factors in compensation plan. Wage/ Salary differentials, Components of salary.
Incentives
Incentives and Benefits – Financial & Nonfinancial Incentive,
Employees Separations
Voluntary
Employees Separations
Involuntary
Suspension
Concepts & Methods
Employee Grievance
Procedure in Indian Industry
Emerging Trends in HRM
HRIS
Human Resource Information System - Need, Advantages & Uses of HRIS.
HR Accounting
Concepts, Objective, Advantage, Limitation & Method
HR Audit
Concept, Objective, Scope & Process
HR Shared Services
Concept, Objective, Benefits, Issues creating HR Shared Services
