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In Human Resource Management Job assessment explains the value of each job in the organization in relation to the total jobs in the organization and put them in a system of grades of status which will reflect the proportioned worth of each job. Job assessment in human resource management plans use skill, effort, responsibility and working conditions as major priniciple. The following methods are used for job evaluation:
a) Grading or Ranking Method
This requires a committee composed of management and employees representatives to arrange jobs in a simple rank order from heightest to lowest. They compare two jobs and judge which one is more important or difficult and then compare another job with first two jobs and so on until all the jobs have been assessed and ranked.
b) Factor Comparission Method
The evaluators select key jobs in the organization as standards. Those jobs chosen should well known with the established rates in the community and they should consist of a representative cross section of all jobs that are being evaluated from the lowest to highest paid job and cover the full range of requirements of each factor as agreed upon by the comitee. Typically 10 to 25 key jobs are selected. The factors in the key jobs with which other jobs compared are mental requirements, skill requirements, phisycal requirements, responsibility and working conditions. Once the key jobs are identified and the policy decided, committee ranks the key jobs. The committee agrees upon the base rate(hours basis generally) for each of the key jobs and then allocate this base rate among all the five criteareas. These amounts then become standards by which other jobs in the organization could be assessed. Then the committee compare its overall judgement and resolve any descrepancies. The system is in place and the allocation in the key jobs are clear and understood and high agreement has achieved in committee’s judgement about how much of each criterea every job has.
c) Classification Method
By identifying some common denominators - skills, knowledge, responsibility the classifications created with the desired goal being the creation of number of distinct classes or grades of jobs, for ex: clerical jobs, shop jobs,sales jobs etc., on the type of jobs the organization requires. Then they are ranked in an overall order of importance according to the priniciple choosen and each job is placed in its suitable classification.
d) Point Method
On various identificable criterea(such as skill, responsibility and effot) the jobs are break down and then allocates points to each of these criterea. Depending on the importance of each criterean for performing the job, appropriate waits are given, points are summed and jobs with similar point totals are placed in similar pay grades.
In human resource management once the job evaluation is over its data becomes the nuclues for improvement of organizations pay structure. Any of the four job assessment methods can provide the necessay input for developing overall pay structure of organization.
In human resource management motivation is a concept that drives an organization towards the goals effectively. Motivation is a force that drives an individual or a group to act effortful to achieve the goal. All the high level efforts does not meet the performance outcome unless channeled in proper way that gives benefits to the organization. One who is motivated will work hard and in right way to meet the targets with high accuracy.
The motivation shall be done by the managers or heads of the organization to make the employees work hard, attend regularly and contribute positively in organization’s missions. Human resource managers must develope certain motivation concepts derived from motivation theories defined earlier which may be changing time by time. These motivation concepts must also include reward system which is the primary motivating factor for any level of employee.
Employees tries to perform better when they gain something out of their own performance. That will even motivate them to perform better in the future. Reward System in Human Resource Management is a program or scheme which provides incentives for those individuals or groups who perform well in the organization. This reward system in actual motivates employees to perform well by attracting with well designed incentive packages. These incentives can be monetory or non-monetory.
Most researches on reward system in human resource management reveals that the common driving principle in an individual’s performance is people do that which rewards them for doing that. Organizations need to integrate all the theories made through different researches and prepare a well motivational framework by focusing in key areas of responsibilities and performance encouragement.
For any organization we can say that employees are the most important assets. But they never considered in reflections of balance sheets of organization. Human assets may not be considered as own unlike physical assets. Therefore human resources were not considered amendable to financial reports. Human resource accounting may be referred to as a process of identifying measuring and communicating information about human assets in financial terms to aid human resource planning and control. Human resources always subject to improvement of quality and most of the organizations spend a lot of time, efforts and money to maintain that. They does this by means of training, development, performance appraisal, counseling, career planning and various employee benefits. The most human resource investments used to made based on faith, philosophy or compulsion earlier. But later cost conscious started spreading to human resource function too. Now human resource systems are changed and are also able to rate the performance of the employee. Changes in the human resource values indicate the changes in trends of employee turnover. Such changes prompt organization to relook at cost of hiring, pay and benefit programs and leadership styles.