I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.
DECLARATION
I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.
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ACKNOWLEDGEMENTIII
DECLARATIONIV
WORK PLAN 1: INTELLECTUAL FRAMEWORK FOR THE OPTIMAL USES OF HUMAN RESOURCES1
HRM as a universally agreed concept1
Optimal Framework of Human Resource3
Recruitment and Selection3
Internal recruitment4
Advantages and Disadvantages of internal recruiting5
External Recruitment6
Ways to External Recruitment6
Advantages and disadvantages of External Recruitment7
Recruitment and selection method7
Short Listing8
Tests and Interviews9
Selection10
Significance of Selection10
Training and Development10
Purpose of Training and Development11
How to Use Training and Development11
When to Use Training and Development11
Rewards13
How to Use Reward13
When to Use Reward?15
Employee Wellness16
Compensation Package19
Performance Management21
Compliance with the Legislative Framework22
PLAN 2: PROBLEM MANAGEMENT AND HUMAN RESOURCE SITE (INITIAL LABORATORY TRAINING)24
Three Aspects of Training30
The Basic Orientation and Training Process30
Traditional Training Techniques32
Free Training Alternatives33
PLAN 3: THE BASIC MODEL OF HUMAN BEHAVIOR AND THE PLANNING AND DEVELOPMENT OF HUMAN RESOURCES34
THEORY OF PLANNED BEHAVIOR36
Behavioral beliefs36
Normative beliefs37
Control beliefs37
Actual behavioral control37
Usage of the theory of planned behavior37
Advantages of the theory of planned behavior38
Critical analysis for the theory of planned behavior38
Self-efficiency or self-efficacy39
Goal commitment39
Types of goals40
Principles of goal setting40
Advantages of the goal setting theory41
Applications of the goal setting theory41
Critical analysis for the goal setting theory41
PLAN 4: THE CONCEPT AND IMPORTANCE OF HUMAN RESOURCES DEVELOPMENT & HUMAN RESOURCES DEVELOPMENT PROCESS42
HR as a Strategic Business Partner43
HUMAN RESOURCE ROLES44
Strategic HR - Principles & Theory45
To become a Strategic Partner45
Developing Employee Competence46
To Identify Strategic Functions46
EMPHASIS ON RESULTS47
KEY ROLES OF HRM TO BECOME A STRATEGIC PARTNER47
STRATEGIC FIT AND ORGANIZATIONAL COMPETITIVENESS49
STRATEGIC CHALLENGES AND OPPORTUNITIES50
Strategic Alignment50
Workplace Diversity51
Technological Change53
Talent Retention54
PLAN 5: THE ROLE OF INCENTIVES IN MANAGEMENT PERFORMANCE56
INCENTIVE PROGRAM56
EMPLOYEE RECOGNITION AND REWARD PROGRAMS57
ROLE OF INCENTIVE PLAN IN THE DEVELOPMENT OF ORGANIZATION57
INCENTIVES PROGRAM DESIGN CONSIDERATIONS58
TYPES OF REWARDS58
Monetary rewards59
Non-monetary rewards59
STEPS TO DEVELOP EMPLOYEE INCENTIVE PROGRAM60
PLAN 6: INCENTIVES AND ADMINISTRATIVE SCHOOLS OF THOUGHT62
1. Factors that led to the introduction of incentives62
Motivation62
Retention of Employees63
Employee Recognition63
Employee Engagement63
2 - The movement of scientific management64
3 - Human Relations Movement65
CHAPTER 2: TYPES OF MATERIAL INCENTIVES66
1. Payroll66
Forms of Pay66
Base Pay67
Performance Pay68
Indirect Pay69
2. Periodic Increase and Bonuses69
3. Promotions71
4. Non-Periodic Bonuses71
CHAPTER 3: MORAL AND TYPES OF INCENTIVES73
1. Self-Esteem73
Components of self-esteem73
2. Participation in Decision Making74
Organization and Co-workers74
4. Sense of Stability75
Assumptions of employee stability theory76
REFERENCES77
CHAPTER 1 INTRODUCTION
WORK PLAN 1: Intellectual framework for the optimal uses of human resources
The world of business is changing with an enormous speed at an extraordinary rate (Swanson & Holton, 2001). This is the reason that companies and individuals are striving for the best not only in terms of operations but also in terms of human capital (Swanson & Holton, 2001). The main focus of human resource management in an organization is to develop a superior and talented workforce. In this way, organization and individuals both are able to accomplish their objectives and goals. The adaption of human resource management practices provides motivation and ...