In order for a company to stay externally competitive, it needs to have a diverse work force and offer divers forms of pay. Organizations will develop different strategic compensation policies based on their operation and other important variables. A well-structured compensation system could have a major impact on employee’s behavior, performance and effectiveness in that company. Most compensation systems reflect the value of the company and how the company treats their employees. Employees look at the pay system of any company and they get a general idea about the company.
Explain why managers are important to organizations. Managers are important to organizations for their managerial skills and abilities. Managers are needed to identify critical issues and quick responses. Another reason for their importance is their ability to get things done. They overlook other employees to ensure everyone is doing their job.
Occupations come and go with time as does the specifics of a particular job. Current and up to date job analysis are important to the success of businesses to hire in, train and rate employees. Different means of completing jobs are being created all the time whether its due to new technology or just a new approach or concept of the job as a whole. If job analysis are... ... middle of paper ... ...g results most efficiently and cost effectively. Businesses should weigh the costs and benefits associated with conducting job analysis.
Some of the challenges manager faces in an organization are matching the right employees to the right jobs, make employees commit to the company, supervise the workload and avoid employee exhaustion. Every company has certain number of employees and managers critical for their functioning. HR managers work with the top level executives to replace the potential pla... ... middle of paper ... ...ons based on job responsibilities and pay level. Many companies provide with incentives to managers and employees to encourage them to excel in their duties. These incentives may be Bonus, Commission, Profit sharing, Gain sharing.
It is seen as central to a business and is involved in making decisions and that workers are its valuable assets. • Personnel Management has a reactive role within a company it acts in accordance to a situation rather than creating or controlling it. Personal management puts policies and procedures into place then passes them over to the managers to implement them. • Human Resource Management has a proactive role within a company and creates and controls any restructuring for the entire c... ... middle of paper ... ... the department to make sure that there is the sufficient number of qualified employees in the correct job role at any given time. • Recruitment is the process of attracting the right kind of person with the skills and knowledge for the job available.
Staffing plan By definition, staff planning has been defined as that particular methodical process that helps an organization to get the correct number of workers with the required precise competencies and skills for running the organization. As such, during staff planning activities, there are a number of factors that the organization management should consider for effectiveness. One of the important factors to consider is that of the number of potential employee to be recruited. It is always very crucial to recruit a large number of employees since a large pool of applicants may lose interest in the applied position. Having a large number of applicants is important as it gives the organization an opportunity to select the most qualified
Leading is defined as motivating and directing the members of the organization so that they contribute to the achievement of the goals of the organization. In order for leaders and managers to be effective they must understand the dynamics of individual and group behavior, to be able to motivate their employees, and be effective communicators. It is said that a good ... ... middle of paper ... ...by using job rotation; job rotation is the assigning of jobs to individuals to a variety of job positions once they have mastered their original job. Another way to help an organization or manager in dealing with quality is by assigning self managed teams. A self-managed team is a group of employees who design their job responsibilities to achieve the self-determined goals and objectives of the team.
Both perform different functions but when it comes to running an organization, then it will require both leaders and the managers. Managers build goals, they plan the work to be done, break it into various steps, decide the time taken to do each task, decide the sequence and the resources required to do the task, checks if the work is being done as indicated and at the end takes remedial measures if there is any deviation from the original plan. On the other hand, leaders create followers. Both are an inherent part of supervision and are required at every stage in an organization
In these organizations, managers mainly are responsible to supervising the work performance of the group members and deciding the use of resources to achieve the organization¡¦s goal. Management can be simply defined as ¡§getting things accomplished through other people¡¨. Management is then the term describe the work done by the manager, which are planning, organizing, leading and controlling the use of human and other resources, in order to help the organization to achieve a higher organization performance. Planning is to define to goals or targets of the organization and devising action plans to meet organization goals. Organizing is to determine what tasks should be done, arrange jobs to subordinates, controlling the budgeting and divided tasks to individuals or teams.
A human resource manager needs to plan ahead and know what is going on in and outside the company (labour market). He needs to be aware of the past, present and future trends of employment in a particular area of specialisation. He needs to know if there are available skills needed or if there are few people with the type of skill needed by the company. He also needs to be aware for competition for employees’ i.e. if the company’s employees are increasing the demand for labour or whether labour is available due to redundancies.