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Human Resource Management Assignment - Samsung

   

Added on  2020-05-16

15 Pages3473 Words93 Views
Running head: HUMAN RESOURCE MANAGEMENTHuman Resource ManagementName of the StudentName of the UniversityAuthor’s note

1Human Resource ManagementExecutive Summary The purpose of this report is to analyse the reward structure of the organisation is performed.Samsung has gained its popularity in the electronic and technology department with theimproved technology that they had showcased in the Smartphone business. The organisationgained global recognition with their cutting edge technology and design. This assignmentfollows a news story published on the organisation, where their reward structure is stated andthe approaches of the organisation towards their employees are showcased. An introductionto the organisation and its objectives are followed by some of the basic topics in HumanResource Management. It is derived that motivation is one of the key components of jobsatisfaction which in turn lowers the employee turnover rate. This motivation can be in aform of appreciation or rewards.

2Human Resource ManagementContentsIntroduction................................................................................................................................3Background of the organisation.................................................................................................3Employee relation challenges....................................................................................................4Managing diversity.....................................................................................................................5Performance Management.........................................................................................................5Learning and development.........................................................................................................6Motivation and rewards..............................................................................................................7Employee turnover and retention...............................................................................................8Conclusion................................................................................................................................10Reference List:.........................................................................................................................11

3Human Resource ManagementIntroduction Every business organisation has an operation division and the management division.There are people who run the operations of the business and there are leaders and managersto help them to achieve the goals of the organisation. The management department that isgoing to be discussed in this report is Human resource. The HR department of an organisationis not only responsible for appointing people in specific job but is also responsible for thehealthy safety and other aspects of an employee as well. The topic that is going to bediscussed in this report is how rewards and motivations are related to job satisfaction and inturn impact the turnover rate of the employees. Firstly a brief description of the company willbe followed by the topic like: employee relations challenges, managing diversity,performance management, career development and training, motivation and rewards lastlyemployee turnover and retention rate (Guan et al., 2016).Background of the organisation Established in 1938, Samsung is a South Korean multinational organisation over theyears with building technological innovations in the telecommunication and electronicindustry the company has gained recognition and goodwill from consumers all over the world(Samsung.com, 2018). Samsung is a believer in the human resource of the organisation as theinnovation and creativity of the people associated with the company are responsible for thesuccess and growth of the company (Samsung.com, 2018).The motto of Samsung:“Inspired by people, creating the future”.

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