We have great pleasure in presenting First edition “Human Capital Management” written for students of PG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to provide the students with thorough understanding of Human Capital Management. We have presented the subject matter in a systematic manner with liberal use of charts and diagrams where ever necessary so as to make it interesting and sustain students’ interest.
Contents –
Module – 1 Introduction to HRM
Introduction
Human Resource Philosophy
Changing Environments of HRM
Using HRM to Attain Competitive Advantage
Trends in HRM
Organization of HR Departments
Line and Staff Functions
Role of HR Managers
Contemporary Issues
Practices in HRM
Changing Concept of HRM in India and in the Globe
Review Questions
Module – 2 Human Capital Planning and Employee Hiring
Introduction
Nature of Job Analysis
Job Design
Job Evaluation
Human Resource Planning
Demand Forecasting
HR Supply Forecasting
Need for HRP
Factors Influencing HRP
Career Planning
Promotion
Transfer
Demotion
Separation
Employee Hiring
Nature of Recruitment
Sources of Recruitment
Internal and External
Contents
Sl. No. Module Name Page No.
Employee Selection
Process of Employee Selection
Review Questions
Module – 3 HR Development
Introduction
Orientation & Training
Orienting the Employees
Nature of Training
Importance of Training
Methods of Training
TNA
Nature of HRD Program
Methods of Management Development
Executive Development Programs
Development Beyond Training
Contemporary HRD Practices
Review Questions
Module – 4 Performance Appraisal
Introduction
Methods of Performance Appraisal
Problem of Performance Appraisal
Solutions of Performance Appraisal
The Appraisal Interviews
Performance Appraisal in Practice
Managing Careers
Career Planning and Development
Managing Promotions
Demotion
Transfers
Separation
Review Questions
Module – 5 Industry Relations
Introduction
Employer, Employee
Rights of an Employee at Work Place
HR Policy
Meaning of HR Policy
Importance of HR Policy
Legal Issues Related to HR in the Organization
Compensation Act, 1923
The Workmen’s Compensation Act, 1923
Main Features of the Act
Definitions of the Act
Provisions Under the Act
Review Questions
Module – 6 Strategic HRM
Introduction
Characteristics of SHRM
Scope of SHRM
SHRM vs HRM
Barriers to Strategic HRM
Linking HR Strategy with Business Strategy
SHRM
Business Performance
Review Questions