StudentShare solutions
Triangle menu

Human Resource Systems - Assignment Example

Not dowloaded yet

Extract of sample
Human Resource Systems

Empowering employees and organizing around teams are aimed by BMW for facilitating communication and making it easier for decisions to be made. It helps the company to respond quickly to customer's needs and it's competitor's challenges. It helps them learn to prioritize tasks and reduce job stress. A workforce that is knowledgeable and skilled at doing complex things keeps a company competitive and attracts investments. Improved productivity means fewer people, less money, less time, less space and fewer resources. Bonuses are given to workers on giving superb ideas related to cutting cost savings, as they are directly involved in production. BMW prefers increased participation from the worker's side. They must give at least three ideas with eight hundred pound for each idea and to qualify for full annual bonus up to two hundred and sixty six pounds. This is done to save 3.6 M annually. The company has also increased workers pay from 2,500 pounds to 4,500 pounds. Many of the workers are hired on temporary basis and working days are fixed to seven-day operation. Working time account was introduced in the company and workers were paid even when the plant remained shut for retooling. The hours missed were made up later. The company provided ease to the workers by giving them the opportunity to take off over time later as holidays.
The company saved more than six ...
The main goal of the company is to cut cost and improve productivity. BMW consider people as a source of competitive advantage. There is quality of work life at the company that is; employee participation, career development, conflict resolution, communication, wellness, job security, safe environment and pride. Staffing, retention, development, adjustment and change management are the activities, which are successfully implemented at BMW. It maximizes the corporate profits through the better management and use of people as a result of which the company has achieved high profits.
As workers are directly involved in production and they have more knowledge about the technical aspects so they are involved in decision making by telling them to give ideas related to cutting costs. Incentives are provided on each idea and the implementation of these ideas gives pride and satisfaction to the workers. BMW believes that happy and satisfied workers are more productive. The workers enjoy social security as fair compensation plans are used by the company to reward workers. The company facilitates and encourages performance by providing sufficient rewards that employees really value. Employees are not over burdened by making them to work for long hours. The environment facilitates their work. Thus competency-based pay is provided to them based upon their skills, depth of knowledge and the work accomplished by them.
Performance incentives are provided to them and they get reasonable chance to gain high salary. The link between performance and rewards is high. Workload standards have been set in the company and the work is assigned equitably. There is a philosophy of co-operation and involvement. By successful implementation of HR Systems and practices BMW has achieved enhanced ...Show more

Summary

People make the organizations go. Proper selection, training and management of Human Resource determine the success of an organization. BMW has achieved high profitability last year due to improved productivity and cutting costs. This has been achieved through the two-way communication between the workers and the top management…
Author : vhyatt
Human Resource Systems essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Human Resource Systems"
with a personal 20% discount.
Grab the best paper

Related Essays

Human resource development
Present business environment needs HRD not merely to assist the business strategies but to form the business strategies. HRD plays a strategic part by assuring the proficiency of employees to fulfil the company’s performance needs.
9 pages (2250 words) Assignment
Human Resource Management of Sonoco Company
This study is being carried out to demonstrate and investigate achievements of Human Resource changes at Sonoco, the right Human Resource structure for Sonoco, advantages and disadvantages of hybrid structure, sustaining the changes. The paper also makes recommendations what to be attended next by Cindy Hartley.
10 pages (2500 words) Assignment
Strategic Human Resource Management
This function deals with issues of staff management, particularly – over hiring, compensation and performance supervision (Goeldner & Ritchie, 2009 p. 89). Other roles of the function include safety wellness, development of the organization, employee motivation, communication, benefits, training and the administration of the functions of the human resources capital available at the organization.
12 pages (3000 words) Assignment
Human Resource Management
The HR department is responsible for making the most influential decisions which affect the welfare of an organization. HRM actually started to evolve from the industrial revolution. The HRM is considered as a field of study and an organizational function which is constantly expanding.
12 pages (3000 words) Assignment
Human Resource Paper
Human Resources can be described as the people or manpower behind an organization’s functioning. Human resources management is the organizational unit that deals with matters regarding the work force.
4 pages (1000 words) Assignment
Strategic Human Resource Management: ASDA
ASDA markets its own brand of ASDA food products. In addition, ASDA is engaged in the retailing of clothing, home and leisure products. Entertainment products include the sale of compact discs and videos. Additionally, ASDA is engaged in property investment and development through its Gazeley division.
10 pages (2500 words) Assignment
Human Resource Information Systems Assignment (Please answer the following 11questions)
Project needs and requirements will be determined and calculated using a number of approaches. The goal will be to provide a cost effective solution that can be used to accomplish organizational goals and targets. The above
2 pages (500 words) Assignment
Human Resource
However, there is the main branch of the organization which houses the entire management team. The organization was initialized after the realization that there was not much competition in the coffee retailing industry
5 pages (1250 words) Assignment
Human Resource
The work of the human services intellectual discipline plus field is to progress the independence of service consumers, build public engagement, endorse support for social transformation at all levels of civilization, and develop human service structures so they are more handy, egalitarian, incorporated, efficient, and valuable.
5 pages (1250 words) Assignment
Human Resource Info Systems
Moreover, by taking into consideration the current level of competition within the hospitality industry, it can be stated that these functions are crucial with regard to providing the hotels with a competitive advantage over its competitors. In relation
13 pages (3250 words) Assignment
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation