HUMAN RESOURCE MANAGEMENT IN GLOBAL CONTEXT

  Hybrid Work in HRM                                                        Figure 1 : Hybrid work in HRM Hybrid work is a people-first strategy for managing the workforce that boosts output and job satisfaction while tackling the main drawbacks of distant work, such as loneliness and a lack of community. Employees that operate under a hybrid work paradigm have more freedom to work from home or any other location where they may be effective. With hybrid work, the workplace is no longer confined to the four walls of the corporate office; instead, it is a network of people who work at the office, from their homes, and in coworking spaces. Depending on the tasks they need to do, team members might move between different places. Depending on the company and the sort of work being done, the hybrid work paradigm can tak...

  Strategic HR Management and Planning Figure 1 : Strategic context Through strategic planning, talent management, leadership development, organizational design, and performance management, strategic human resource management assists the human resources department in maximizing the potential of its workforce. Strategic HR management used to be an administrative task. Today's HR managers are essential to making sure the company has the ideal employees who can boost productivity and achieve goal fulfillment. It implies that HR professionals must comprehend its objectives and purposes (HR University, 2023) .   The strategic HR management planning process The strategic HR management planning process has four steps: ·          Assessing the current HR capacity The first phase of the strategic HR planning process is to evaluate the organization's present HR capability based on its strategic strategy. You must determine the knowle...

  Performance Management and Appraisal              Figure 1 : Performance management vs. performance appraisal A tool for corporate management is performance management. It enables managers to examine and evaluate the work of their staff. It aids in fostering an environment where workers can give their all and do the best possible job quickly and skillfully. It allows for the contextualization of people within the larger workplace system while emphasizing responsibility and openness. It helps people grasp expectations more clearly (Simpli Learn , 2023) . Performance appraisals help employees and supervisors discover areas for growth while helping to establish a strategy for employee development through extra training.   It is significant to remember that managers and workers often talk about one another's accomplishments outside of performance reviews.  Regular interactions develop connections between managers and ...

  Employee Rights and Responsibilities                                                   Figure 1 : Employee rights and responsibilities In order to establish a safe and healthy workplace for both themselves and their coworkers, it is crucial that all employees are made aware of their rights and responsibilities. These rights and responsibilities may cover things like compensation, health and safety requirements, the requirement to wear protective equipment, etc. Additionally, this can involve adhering to Occupational Safety and Health Administration (OSHA) regulations, reading posters posted around the office that outline these responsibilities and rights, and heeding cautionary signs regarding behaviors that could put oneself or another at risk of a work-related injury or illness (Upcounsel, 2023) . Employee Rights in the workplace ...

  Compensation and Benefits                                                        Figure 1 : Compensation & Benefits Human resources has a division called compensation and benefits that deals with paying employees and offering benefits. It involves figuring out how much an employee should be paid, as well as what perks should be provided. The management of employee benefit plans includes enrolling employees in benefit plans, handling claims, and informing employees of benefits. Compensation and benefits also include these activities (Quit Genius, 2023) .   Objectives of Compensation The objectives of HRM are to maintain the greatest talent pool and ensure that workers receive fair and legal compensation for their labor. Employee performance and contribution to the success of the company will both be en...