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Assignment Human Resource Management

   

Added on  2022-09-12

10 Pages2555 Words24 Views
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Running head: HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT
Name of the Student:
Name of the University:
Author Note:
Assignment Human Resource Management_1

HUMAN RESOURCE MANAGEMENT
1
Table of Contents
Introduction................................................................................................................................1
Discussion..................................................................................................................................2
Conclusion..................................................................................................................................6
References..................................................................................................................................7
Assignment Human Resource Management_2

HUMAN RESOURCE MANAGEMENT
2
Introduction
The report reflects the case study of the O`Meara Electronics company and will
mainly focus on the working of the human resource department. The human resource
department of an organization is one of the vital pillars for successful growth and expansion
of the business. In this case, the electronics company wants to evaluate its remuneration
system by which it can implement a new international strategy in the company and attain
maximum profitability for the business. The company has subsidiaries, and at present, the
organization is experiencing a downward fall in its profitability level; even the company is
losing its current market position because of high competition in market. To regain the
market position and to maximize profits, president of company decides to evaluate the
performance management and the remuneration management strategies, as these are the vital
parts of an organization that helps the management towards achieving the ultimate goal of the
business (Ling & YUMASHEV, 2018).
The article will examine the remuneration system of the company and will articulate
specific factors by which the system could be enhanced so that overall performance of the
organization increases. Even director of the HR department suggested that before
implementing any new international strategies in organization overall performance of the
employees in various levels of the company must be analyzed (Martono, Khoiruddin &
Wulansari, 2018). Thus, a profitable outcome can be obtained. As the new strategy will be
implemented first in the Melbourne office and after that in other subsidiaries. The
performance evaluation and the remuneration system of the Melbourne staff will be taken
into consideration. The purpose of the report is to evaluate remuneration and the performance
management system of the organization that will help the company to implement
international strategies in the business in an efficient manner and this step will lead the
Assignment Human Resource Management_3

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