This presentation discusses the contemporary issues in human resource management, including changes in technology, legislation, selection and hiring, and employee retention. It explores how these issues affect HR strategy and business.
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HUMAN RESOURCE MANAGEMENT ACTIVITY 2
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INTRODUCTION There are a number of issues that can affect application ofstrategyofhuman resources management. It is always a challenge to maintain business according to rapid changes.These changes include labour law, developing relationships with employees, budgeting and accessibility.
4.1 CONTEMPORARY ISSUES Changes in technology Legislation Selection and hiring Employees retention
Change in technology ThestrategyofHRishighlyaffectedby technological advancement in business. The technologychangesincludesfollowing points. Changes in communication network Changes in telework Remote reporting relationships. 4.2 Analysis of contemporary issues
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CONTINUED... Theseall factors can also affect business of Kind Care. HR strategy shouldincudesmutualagreementsbetweenemployeesand employersandallowadvancedtechnologyatthereworkplace. Technologybringscontinuouschangesinbusinessworld.Rapid changes in technology in telecommunication and remote reporting will impact HR as they can now hire employees who can work from anywhere.
LEGISLATIONS The legislation factors includes different laws andregulationsthataffectsbusinessof organization. Workers safety Act, 1974 Minimum wages, Act 1998 Employees insurance Act, 1969
CONTINUED... These are major factors that can affect organization. There are several types of laws that implied on an organization. Company need to consider it carefully. The HR strategy are highly affected bythese factors in business. Theyneed to compliance theses laws carefully so they can serve their services without any problems. The insurance Act 1969 is apply on company. Increases in rate of insurance premium can in affect cost of Kind Consumer. HR need to consider these elements in its business strategy. The minimum wages Act 1998 , according to it HR has to give minimum wages to their employees and workers safety Act, 1974 has to follow to provide workplace safety to employees.
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SELECTION AND HIRING The main work of HR is selecting and hiring right persons for the right job. Find right candidates for job Meet job criteria Experience and employees skills
CONTINUED... TheHR strategy is highly affectedby howto find right person for the job. In small business like Kind Consumer to find the right candidates for job is a challenge for HR. Evaluation of different candidates for the job and then provide training to them can add more cost forthe company. Provide better wages and perks to employees can also effects financial positions of company.
EMPLOYEES RETENTION It is important for organization to retain their employees for long term purposes. These are the issues which need to be considered for employees retention Better job opportunities Pay structures of employees Less growth for employees.
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CONTINUED.... The HR of kind consumer can be face these issues in their organizations. Retentions of employees is challenges for management in small business. Workers of organization left job to attain better job opportunities in other organizations. They face issues to retain their employees in company for longer period. The strategy of HR should focus on development of better employment relations with their workers.
REFERENCES Armstrong, M. and Taylor, S., 2014. Armstrong'shandbookofhuman resourcemanagementpractice. Kogan Page Publishers. Baumgartner,R.J.andEbner,D., 2010.Corporatesustainability strategies: sustainability profiles and maturitylevels.Sustainable Development.18(2). pp.76-89.