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P3. Benefits of various human resource management practices in company

   

Added on  2021-02-20

12 Pages1523 Words171 Views
Human ResourceManagement1
P3. Benefits of various human resource management practices in company_1
ContentsContents...................................................2P3. Benefits of various human resourcemanagement practices in company for bothemployer and employees........................3P4. Effectiveness of various human resourcemanagement practices inn context ofenhancing organizational productivity andprofitability.........................................7M3. Various methods used into HRMpractices...........................................11D2. Critically evaluate HRM practices andapplication in context of firm..................122
P3. Benefits of various human resource management practices in company_2
P3. Benefits of various human resourcemanagement practices in company forboth employer and employees.HRM is important aspect which is needed toperform within the organization for effectivecompletion of the activities within the organizationand this will also ensure about the creation ofpositive working environment at workplace. It is theduty of the HR manager of the organization is to takecare of all the practices which comes under theirjurisdiction that performed with quality which resultsin increment of productivity and profitability of theorganization. There are large number of practices are performed bythe HR department of the organization and these arenamed as recruitment and selection, training and3
P3. Benefits of various human resource management practices in company_3
development, performance appraisal, workforceplanning, performance management etc. Each andevery practice have their own different contributionin the success of the organization. Different kind ofbenefits are gathered by the organization and thesedifferent separate in nature in associated with allvarious kind of practice. The major benefit that canbe attained by the organization is about creation ofgood working team, positive working environment,employee retention and engagement etc. Thedifferent kind of benefits gathered by the employerand employee from the usage of HRM practice aredefined below:HRM practicesBenefit to employerBenefit toemployeeRecruitmentand selectionThe major benefitthat can beassociated with theeffective applicationof this practicewithin the DysonLtd. to the employerisaboutaccomplishment ofThe benefit thatcan be associatedwith this practiceis ascertain in twodifferent types incontext to theemployees i.e.existing employeeand the one who4
P3. Benefits of various human resource management practices in company_4

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