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International Journal of Human Resource Management

   

Added on  2022-09-08

11 Pages2270 Words17 Views
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Running head: HUMAN RESOURCE MANAGEMENT
International human resource management of HAFTO
Name of the student:
Name of the university:
Author note:
International Journal of Human     Resource Management_1

1HUMAN RESOURCE MANAGEMENT
Executive summary
Management of the human resources is necessary in terms of utilizing their talents for
extracting the necessary labour. Herein lays the effectiveness of the revision of the policies,
which would be effective for improvising on the standards and quality of the aspects. This
report is prepared on the program of rewards systems and labour force, which is intended to
change in the workplace of HAFTO. The essential components of the report are risk
assessment, cost benefit analysis, communication and success criteria measurement, which
are effective for ensuring whether the change is feasible in the current business scenario.
International Journal of Human     Resource Management_2

2HUMAN RESOURCE MANAGEMENT
Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
Overview of the plan..............................................................................................................3
Legal considerations...............................................................................................................3
Risks in the result of the program..........................................................................................4
Benefits and its measurement.................................................................................................4
Budget....................................................................................................................................5
Measures for managing the programs....................................................................................5
Role of the HR.......................................................................................................................5
Introduction to the program...................................................................................................6
Evaluation of success and failure...........................................................................................6
Handling resistances...............................................................................................................6
Communication to the program.............................................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................9
International Journal of Human     Resource Management_3

3HUMAN RESOURCE MANAGEMENT
Introduction
Human resources need effective management for the production of effective
performances. This management gains value through the application of strategic planning.
Within this, the role of the HR managers is crucial for conducting plans and ensuring that
they are in compliance with the standards and protocols of the legislative requirements
(Brewster, 2016). Cost benefit analysis is also needed for generating value in the business.
This report attempts to discuss about the specific program designed for enhancing the
productivity of the company, HAFTO.
Discussion
Overview of the plan
As the objective behind the Spotlight Fame Rewards and Recognition program is
that of expanding the growth rate, therefore, acquisition with the private company, BCage is
an effective decision for HAFTO. Detailed plan is the demand for embracing the change and
adapting to it. Therefore, the budget of $250,000 is an appropriate one at the initial stage,
adding flexibility to the proposal of the Wellness program. Presentation of the draft is a
planned and reasoned approach for gaining an approval from the higher authorities regarding
proceeding with the initial requirements (Reiche et al., 2018). One of the strengths is the
health and dental plan, which is providing full coverage. Along with this, reference can be
cited of group insurance and disability insurance plan, where the changes are exempted. As a
matter of specification, changes are being planned in the reward systems.
Legal considerations
Before rolling out the program, grants need to be taken from the higher authorities.
The authorities of the mergers need to be briefed about the terms and conditions of the
contracts, which would be effective for averting the instances of misunderstandings,
International Journal of Human     Resource Management_4

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