Archive | Personnel Management

Personnel Records: Need and Essentials | Information | Personnel Management

After reading this article you will learn about:- 1. Meaning of Personnel Records 2. Need of Personnel Records 3. Essentials. Meaning of Personnel Records: By ‘Records’ we mean the preservation of information in files and documents. They are prepared and computed from reports. They are meant for long-term use. Personnel records are the information about […]

Sources of Recruitment | Functions | Human Resource Management

In this article we will discuss about the internal and external sources of recruitment. Internal Sources of Recruitment: The sources within the organization itself to fill a position are known as the internal sources of recruitment. When a vacancy arises in the organization it is given to an employee who is already on pay roll. […]

Training of Employees: 3 Methods | Functions | Human Resource Management

Some of the methods usually employed for training employees are: 1. On-the-Job Training 2. Off the Job Training 3. Vestibule Training. Method # 1. On-the-Job Training: On-the-job training is considered as the most effective training method for employees. It is a type of learning process in which the worker learns in an actual work environment. […]

Training of Employees: 6 Types | Functions | Human Resource Management

The different types of training are: 1. Induction Training 2. Job Training 3. Apprenticeship Training 4. Internship Training 5. Refresher Training or Retraining 6. Training for Promotion. Type # 1. Induction Training: Induction is the process by which new employees are introduced to the organization. It consists of familiarizing new employees with their jobs, introduction […]

Recruitment and Selection of Candidates | Functions | HRM

Recruitment and selection process involves the following steps: 1. Receipt of Applications 2. Scrutiny of Applications 3. Preliminary Interview 4. Application Bank 5. Employment Tests 6. Employment Interview 7. Checking References 8. Physical/Medical Examination 9. Final Selection and Appointment Letter. Step # 1. Receipt of Applications: Standard application forms are designed for different jobs as […]

Selection of New Employees: 6 Steps

The different procedural steps involved in the selection process are:- 1. Job Description 2. Application Forms 3. Employment Tests 4. Interviewing 5. Physical Examination 6. Induction and Orientation. Step # 1. Job Description: i. The first important step of any selection process is to develop job descriptions for the positions to be advertised and filled. […]

Incentives for Indirect Workers | Personnel Management

After reading this article you will learn about the incentive schemes for indirect workers:- 1. Incentive Scheme for Labourers, Crane Operators, Set-Up Men, Maintenance Men 2. Incentive Scheme for Supervisory Staff 3. Incentive Scheme for Managerial Staff. Incentive Scheme for Labourers, Crane Operators, Set-Up Men, Maintenance Men, etc. (a) They can be given the same […]

Merit Rating: Objectives, Methods and Advantages | Personnel Management

After reading this article you will learn about:- 1. Definition of Merit Rating 2. Objectives of Merit Rating 3. Methods 4. Advantages 5. Disadvantages. Definition of Merit Rating: Merit Rating assesses the merit of the person doing the job. Merit rating determines the extent to which an employee meets job requirements. Job evaluation and Merit […]

Profit Sharing: Definition, Objectives and Advantages

After reading this article you will learn about:- 1. Definition of Profit Sharing 2. Objectives of Profit Sharing 3. Methods 4. Advantages 5. Limitations. Definition of Profit Sharing: Profit sharing schemes may effectively supplement other incentive plans. Profit sharing is a scheme to augment the compensation of workers through the sharing of profits of the […]

Methods of Job Evaluation | Personnel Management

The various commonly used methods or systems of job evaluation are: 1. Ranking Method 2. Classification or Grading Method 3. Factor Comparison Method 4. Point Method. 1. Ranking Method: The different jobs, depending upon their requirements, responsibilities involved and their importance to the organisation, are ranked, graded or placed from top to bottom. Advantages: (a) […]