Covered content Introduction Employees performance can be measured Conclusion References
Introduction Human resource plays essential part in organisation, without them firm could not exist and to operate day to day operations HR is required, without them it is impossible. It is important to perform well in market which will help them in staying for long period of time. Human resource plays essential part in organisation, without them firm could not exist and to operate day to day operations HR is required, without them it is impossible. It is important to perform well in market which will help them in staying for long period of time.
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Employees performance can be measured TherearemanywaysatwhichMorrisonmeasuresthe performance of employees, such as performance indicators. This type of measurement is specifically dedicated to how an employee is working and their current accomplishment. For examplethesalesteamwithinMorrisonwillhave performance indicators with regards to their sales.
Continued.. Goal theory is another performance measurement that Morrison uses. This method is used between managers and employees and is the process of setting achievable goals. These goals may be felt to be important for progression by both manager and employee. Bench marking is a final performance indicator that will be discussed within this assignment. This method is used to measure the overall performance of a business by comparing it to their rivals.
Conclusion From the above presentation, it can be concluded that there are various factorswhichinfluencehumanresourceplanninglikebudget, organisation structure, political etc. There are various ways by which employees can be motivates such as by giving them performance related pay, pension scheme etc.
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References CHUANG,C.H.andLiao,H.U.I.,2010.Strategichuman resource management in service context: Taking care of business bytakingcareofemployeesandcustomers.Personnel psychology.63(1). pp.153-196. Crook, T.R and et. al., 2011. Does human capital matter? A meta- analysis of the relationship between human capital and firm performance.