StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Human Resource Management - Coursework Example

Cite this document
Summary
HUMAN RESOURCE MANAGEMENT Key Differences between Competency Based Pay and Traditional Job Based Pay Traditional job based pay consist of five steps to ensure internal and external equity. First step is conducting a salary survey so that an industry compatible salary can be identified…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.6% of users find it useful
Human Resource Management
Read Text Preview

Extract of sample "Human Resource Management"

Download file to see previous pages

In this method the employers base the wage rate on the job irrespective of the person who is doing it. The HR professionals and employers are now moving towards Competency based pay. According to this approach the employers determine the pay scale or salary range of the employee depending on his depth, types of skills and knowledge. An employee may receive a higher salary than his range if his competency level is equitable for a higher level job. Competency is the demonstrated skill, knowledge and behavior of a person that ensures and enables desired performance.

There are three basic differences between the two approaches of pay scale. In the competency based approach the salary is more person oriented. The salary is based on the skills, knowledge and depth of the employee. Here a person gets paid for the knowledge and skills of the things he has the potential to do even if he is not doing it right now. Whereas in traditional method pay is job oriented irrespective of the skills and abilities of the person who is doing it. It ties the pay scale with the worth of the job.

In competency based approach an employee builds competency through experience on the same or similar jobs. Whereas in job based pay the aim of the employee is not build competency (knowledge and skills) but the determinants are experience and tenure. . sler et al, 2009) Reduction of Unsafe Acts through Selection, Placement and Employee Participation It has been a well accepted fact that some employees are more prone to accidents than others. Reasons for such irresponsible behavior are not easy to find and hence organizations concentrate on reducing these incidents as much as possible through a variety of strategies.

These strategies for minimizing accidents and unsafe behavior can be divided into four categories namely personnel selection, employee training and participation, incentive programs and safety rules and regulations. Many environmental factors also play an important role in scientific strategy of reducing accidents, such as overcrowded workplaces, faulty or wrong arrangement of the material to be used in industrial process and many other placements. With the help of work and safety engineers these problems of placements can be resolved.

These engineers not only take care of placement issues but also of any potential situation in the environment that can cause distress and discomfort among employees. They help in providing congenial, safe and stress free working condition conditions. Personal factors also play an important role. Some employees are more prone to accidents than others. These personal factors can be detected or identified through an appropriate and well designed selection process. Through a variety of psychological test an applicant’s motor and sensory abilities can be judged along with the muscular speed and perceptual style.

It will help finding the right match of these qualities required for the job in the person. During the selection process an insight about a potential employee’s work habits, any organic diseases, fatigue level, drug addiction, age and experience, can be gained to

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Human Resource Management Coursework Example | Topics and Well Written Essays - 1000 words - 1”, n.d.)
Retrieved from https://studentshare.org/finance-accounting/1421165-human-resource-management
(Human Resource Management Coursework Example | Topics and Well Written Essays - 1000 Words - 1)
https://studentshare.org/finance-accounting/1421165-human-resource-management.
“Human Resource Management Coursework Example | Topics and Well Written Essays - 1000 Words - 1”, n.d. https://studentshare.org/finance-accounting/1421165-human-resource-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Human Resource Management

The International Aspect of HRM

Name: Instructor: Course: Date: International Human Resource Management Human Resource Management [HRM] is the strategic and coherent organisation of people working within a given firm for the utmost attainment of business objectives (Armstrong 2).... Globalization and Standardization of Human Resource Management The management of employees at all levels in a multinational company or conglomerate is referred to as strategic Human Resource Management [SHRM] (K'Obonyo & Dimba 3)....
12 Pages (3000 words) Essay

Strategic human resource management

Strategic Human Resource Management (SHRM) is a field of HR that highlights how the human resource of the organization contributes to the attainment of the desired goals by means of various HR strategies, policies and practices.... Strategic Human Resource Management (SHRM) is a field of HR that highlights how the human resource of the organization contributes to the attainment of the desired goals by means of various HR strategies, policies and practices.... This paper aims to shed light on the factor of Strategic Human Resource Management in view of the airlines industry, which have been subject to a deluge of turmoil over the past few years....
9 Pages (2250 words) Essay

International Human Resource Management

INTERNATIONAL Human Resource Management Introduction 3 Historical Background of HRM in Spain 4 Institutional Framework of HRM in Spain 5 Structure of HRM and Technology 6 National Culture and HRM 8 Employment and Labor Relations in Spain 10 Case Study of HRM in Group Dragados, Spain 11 Conclusion 13 References 15 Introduction In the twenty first human capital has gained extreme importance and is one of the major sources of competitive advantage for the organizations.... The growing role and importance of Human resource in the long term sustainable growth of the organization has led to the development of many theories related to Human Resource Management....
12 Pages (3000 words) Term Paper

TESCO: Human Resource Management

In light of this, this paper seeks to explore the aspects of Human Resource Management at Tesco with regard to current and future prospects in its scope.... Human Resource Management illustrates the strategic approach to administration of an organisation's labour force with the aim of deriving the best from the employees.... The strategic approach in Human Resource Management is characterised by fundamental principles that guide the efficacy and harmonious coexistence within the organisation....
3 Pages (750 words) Article

Human Resource Management Policies

The essay "Human Resource Management Policies" discusses how it needs to be put in place to resolve the issues of human resource and employee grievances need to be addressed with regard to extensive time off by employees and to develop a leave policy in consideration to the employer and to extend the harmonious relationship between employer and employees.... As a strategic human resource consultant for 1995 Auto Corporation based in Central Colorado, a company manufacturing emerging lighting systems for first responder vehicles, an HR policy needs to be put in place to resolve the issues of human resource and employee grievances need to be addressed with regard to extensive time off by employees and to develop a leave policy in consideration to the employer and to extend the harmonious relationship between employer and employees....
8 Pages (2000 words) Essay

Strategic Human Resource Management

This case study "Strategic Human Resource Management" analyzes Strategic Human Resource Management (SHRM) that is used to explicitly link HRM with the strategic management processes of the organization and to emphasize coordination or congruence among the various Human Resource Management practices.... Strategic Human Resource Management (SHRM) is used to explicitly link HRM with the strategic management processes of the organization and to emphasize coordination or congruence among the various Human Resource Management practices” (Harris et al....
7 Pages (1750 words) Case Study

Tesco's Human Resource Management

This research proposal "Tesco's Human Resource Management" explores the Tesco's managerial strategies.... The main goal and objective of the research is to find the relationship of the importance of effective Human Resource Management to achieve organizational goals.... The effective utilization of human resource (HR) tools can help the employees adjust to the changing organization and the environmental changes with the work culture.... The discipline of human resource plans organizes, develops strategy, and implement them for the achievement of the goals of the organization....
17 Pages (4250 words) Research Proposal

International Human Resource Management

This work called International "Human Resource Management" describes the extent to which standardization of HRM policies has taken place across the globe.... he management of employees at all levels in a multinational company or conglomerate is referred to as strategic Human Resource Management [SHRM] (K'Obonyo & Dimba 3).... SHRM is significant because it takes into account the environmental factors in different areas and factors them into the policy of Human Resource Management....
12 Pages (3000 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us