Learning Objectives
5 objectives- Understand the core concepts, functions, and importance of human resource management within organizations.
- Analyze the recruitment and selection process to effectively attract and hire suitable candidates.
- Evaluate the role of training, development, and performance management in employee growth and organizational success.
- Examine compensation, benefits, and employee relations strategies to motivate and retain employees.
- Identify legal, ethical, diversity, and emerging trends affecting modern HR practices.
Content Outline
PreviewUnit 118: Human Resource Management Fundamentals
1. Introduction to Human Resource Management
- Definition and scope of HRM
- Importance of HRM in organizations
- Key functions: recruitment, training, performance management, compensation, employee relations
- Roles and responsibilities of HR professionals
2. Recruitment and Selection Process
- Job analysis and job description
- Sourcing candidates: internal vs external recruitment
- Screening and shortlisting applicants
- Interview techniques and assessment methods
- Making job offers and onboarding processes
3. Employee Training and Development
- Importance of continuous learning and skill enhancement
- Types of training programs (on-the-job, off-the-job, e-learning)
- Designing effective training modules
- Career development and succession planning
4. Performance Management
- Objectives and benefits of performance management systems
- Setting SMART goals and performance standards
- Methods of performance appraisal
- Providing constructive feedback and coaching
- Addressing performance issues and improvement plans
5. Compensation and Benefits
- Components of compensation: base pay, bonuses, incentives
- Types of benefits: health insurance, retirement plans, paid leave
- Designing competitive compensation packages
- Legal considerations in compensation
6. Employee Relations
- Building positive employee-management relationships
- Communication strategies and employee engagement
- Handling workplace conflicts and grievances
- Role of unions and collective bargaining
7. Legal and Ethical Issues in HR
- Overview of labor laws and regulations
- Anti-discrimination and equal employment opportunity laws
- Workplace health and safety standards
- Ethical dilemmas and decision-making in HR
8. Diversity and Inclusion in the Workplace
- Understanding diversity, equity, and inclusion (DEI)
- Benefits of a diverse and inclusive workforce
- Strategies to promote DEI initiatives
- Overcoming unconscious bias
9. HR Metrics and Analytics
- Introduction to HR metrics and KPIs
- Common HR data sources and measurement tools
- Using analytics for talent management and decision-making
- Case studies on data-driven HR strategies
10. Emerging Trends in Human Resource Management
- Remote and flexible work policies
- Use of Artificial Intelligence and automation in HR
- Sustainable HR practices and corporate social responsibility
- Future challenges and opportunities in HRM
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