People Managment and organization

 Voluntary retirement scheme Figure 1 : What is VSR? Source: (PMY, 2023) Companies utilize voluntary retirement schemes as a way to get rid of extra employees. This method originated in India, where the country's labor rules forbid the direct layoff of unionized workers. Employees who have completed 10 years of service or who are over 40 years old are eligible for VRS. It should be applicable to all workers (by whatever name they are known), including employees and executives of a company, an authority, or a cooperative society, with the exception of directors of a company or a cooperative society (The economic times, 2023) . A voluntary retirement scheme, or VRS, is a program that many businesses provide to allow workers the option of taking a voluntary retirement before they reach the retirement age. Retirement, as we all know, is something that occurs, as we get older, but many people look to retire when they are much younger. The VRS, or voluntary retirement scheme, enables emp...

  The issues, problems, and negative effects of technological                                     advancement in   HR figure 1 : Negative effect of technology Source: (Tycoonstory, 2020) Technology development may have a significant influence on a company's Human Resources department. It gives the business the chance to enhance its internal operations, key competencies, target markets, and organizational design as a whole. The organization's strategic goals must be the major emphasis of human resources. An organization-wide IT strategy plan must be directed toward these strategies. These are activities connected to any advancement in the entity's  technical systems, including product design (research and development) and IT systems (Pick, 2017). Some worry that technology would be harmful; while others think it will change human resources  and make them better. This viewpoi...

 Performance Appraisal figure 1 : Performance appraisal Source : ( Sharma,2023) A performance appraisal is a periodic evaluation of an employees job performance in relation to the competency standards established by the company. The organizational core skills and job-specific competencies are frequently both covered in the performance evaluation. Based on the evaluation, the appraiser often a manager or supervisor will provide the employee with helpful, practical criticism. The individual is then given the guidance they need to advance in their position. A performance review offers the company the chance to acknowledge the accomplishments of its employees as well as their potential for the future; depending on the sort of feedback, they get .(Valamis, 2023) Objectives of a performance appraisal Include this video here 7 objectives of a performance Appraisal https://youtu.be/e2AF4U4a1tA Help employees set goals Helping employees develop goals is one of the most crucial aims of perfo...

  Human Resource Practices for Corporate Social Responsibility Figure 1 : Corporate Social Responsibility Source: (Jahan , 2015) Corporate social responsibility (CSR) is much more than simply a nice-to-have in the modern world. It is now an essential component of conducting business. Customers are likely to become associated with any brand, and one of the key determining elements is the organization's CSR activities. Therefore, it is essential to develop a corporate social responsibility (CSR)-driven culture, and the HR department should take the lead in doing so. Every employee will volunteer to take action and continuously support the corporate values if HR promotes CSR throughout the organization. In the end, this would provide an environment that operated automatically while maintaining the corporate goal (Chimney, 2019) . HR’s Role in Promoting Corporate Social Responsibility The adoption of corporate social responsibility programs by the company is crucially depen...

      Effects of Globalization on Human Resources Management                                                Figure  1: Globalization in HRM Source:  (Multiplier, 2023) Globalization has a substantial effect on the management and development of human resources when a company expands its operations into other nations. To be able to employ, train, retain, and support a workforce that is frequently dispersed across numerous nations with frequently differing cultural identities, businesses must take a wide variety of practical adaptations into consideration. Departments of human resources must change the way they think and behave to account for technological advancements, international laws, and cultural variations. The Human Resources department will need to boost assistance for its present employees when they take on new roles abroad as part of i...

  REWARDING EMPLOYEES FOR GOOD PERFORMANCE Figure 1 : Rewarding employees When employees are rewarded for their good efforts and performance their likely to become more loyal and productive. There are so many reasons why you might want to reward your staff members with a special thanks giving .employee rewards make staff more inspired, loyalty and hard work. keeping employees engaged and motivated is vitally important in order to ensure the continued success of the company. offering staff  recognition ,supportive work environment highly form of motivation for the staff (Dodge,2020). The Three elements of a good employee reward Recognition -  A good reward recognizes special achievements such as the successful completion of a large project. This ensures that employees feel their extra effort did not go unnoticed. Lack of recognition is a leading cause of employee burnout, Hence ,   It's crystal clear that ,very important to acknowledge staff. Appreciation - Every staf...