HR Role in Merger: It is very important to involve HR Managers in merger as it involves employees and has an impact on key employees’ issues. HR professionals play an active role in a change process by offering their interventions to help ensure a successful merger. When companies merge, some of the most significant changes occur in number and treatment of employees. HR play a vital role in merger:
a) Employees coping up with change and culture,
b) Organizational hierarchy structure,
c) Maintain the productivity by placing of right employees at right place,
d) Alignment of compensation, benefits and welfare schemes,
e) Job security,
f) Relocation,
g) Compliance of local labor laws,
h) Employee Communication,
i) Taking care of personal records,
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Especially in tough economic times, companies struggle with how to best manage their most valuable resource their human resource while staying viable as a business.
Employment downsizing has become a fact of working life as companies struggle to cut costs and adapt to changing market demands.
Effective managing the process of downsizing is just as important as defining appropriate criteria for downsizing decisions. When organization decided layoff. Many things HR Managers looks up to. They Identify departments and functions that are strategically critical, along with critical employee skills sets going forward. Identify criteria that reflect legitimate business needs.
Conduct analyses to ensure that there is not a misappropriate effect of layoffs on members of protected classes and have all analyses and reviewed by an attorney.
Reaction Of Employees: In certain mergers there will be an excess of Employees, requiring multiple layoffs. When employees heard the merger of organization they become a upset and this situation create discontent among the employees. Employees want to hear the truth, and they want to hear it from the CEO. In small business employees have sense when a company in trouble. In this circumstances HR Managers provide them regular
The Kroger Company is the largest retail in the country due to annual sales. The company was founded in 1883 by Barney Kroger. He started out selling product from a cart then later purchased a store front. In 1902, the Kroger Company was incorporated. The company process and produce their private label product such as Simple Truth, Kroger Brand, PSST, Private Selection, and Fresh Selection just to name a few.
No one enjoys receiving bad news. No one enjoys hearing that they will be taking home less money at the end of the day. Everyone believes that the company has other ways they can save money. Everyone believes that the company is being greedy and using employees to help increase profits. Our company is small, less than 1,000 employees and most have been working here for many years.
However, there is always room for growth and improvement. By taking an in depth look at Target Corporation and understanding organizational structure, task organization, communication factors, competition, culture, and factors of success give insight to things that can be improved. To assist in improvements and long-term success, five suggested human resource policies that include recruiting, hiring, and retaining, compensation, vacation and sick pay, discrimination and harassment, and retirement policies will assist the organization in their overall production and productivity. By addressing this topics Target Corporation will take care of employees from day one to retirement. In doing so, productivity, quality control, innovation, and profit will improve.
Moreover, the employee get involved more to help the organization succeed.
Additionally, the paper will discuss the impact of mergers on human resource functions, including work restructuring, performance management, employee discipline, job security, wages and benefits, and health and safety. Finally, the paper will highlight the
In 1916, Caucasian Americans were not prejudice towards African Americans, they developed this behavior towards Jews. Between, 1916 and 1918 alone, 400,000 African Americans migrated from southern to northern states. In the summer of 1916, the Pennsylvania Railroad helped more than 10,000 African Americans move in order to employ them. During this time, Deaconess Medical Center (A) permitted Jewish practitioners from practicing in their facilities. As result, the Jewish Community established and financed Bethel of Israel (BI) Hospital.
Planned Parenthood is composed of numerous employees distributed throughout several departments in multiple locations. Depending on the area of expertise, employees are established in departments such as finance (accounting), human resources, information technology (IT), marketing, and administration.1 Employment of healthcare professionals includes physicians, nurses, pharmacists, various technicians, and mid-level practitioners. Dramatic increasing trends employment are apparent in these clinical positions. * Additional areas of employment include fundraising, clerical support, call centers, community outreach programs, educational programs, executive and legal departments, and online support staff.1 Currently the organization employs approximately
Most closely related to operations, the decisions can determine how staff are needed and what attributes they will need in order to execute their tasks. Adversely, HR management may generate limits to options available to operations. Perhaps the most important part of the transformation process is human labor. HR management ensures workers are correctly suited to their jobs and ensures all tasks are completed within the business. Communication of decisions made by operations on how to produce a product affects decisions made by HR management with regards recruiting, training and termination of employment contracts.
Introduction – Marriott’s HRM and Business Strategic Alignment This paper will propose a Human Resources (HR) strategy that is in alignment with Marriott’s business strategy, as well as describe several HR job positions and responsibilities listed for them. Next, this paper will determine which HR job positions I prefer and why. Finally, it will analyze how Marriott can establish HRM strategies to improve its competitive advantage, as well as three ways it can increase diversity.
Introduction Strategic human resource management is an approach to the development and implementation of Human Resource strategies. The best way to understand strategic human resource mamagement is by comparing it to human resource management.strategic human resorce management is seen as a partner in organizational succes. It utilizes the talent and opportunity within the human resources department to make other departments stronger and more effective. Strategic human resource management is the practice of attracting,developing,rewarding, and retaining employees for the benefit of both the employees as individuals and the organizations as a whole. Hr departments interact with the other departments within an organization in order to understand their goals and then create strategies that align with those objectives, as well as those of the organization.
Hence the company’s best option would be to hire an attorney and place him/her on retainer so that it is possible to review the HR documents of the company regularly and be aware of the condition of the organization. Personally, I think the Human resource department these days does focus on other crucial matters within recruitment and selection process and is not solely focused on legal issues. (Ben, 2013) proved that the Human resource department fixates on other priorities with an organization other than just Legislative priorities by conducting a survey and devising a graph with the results depicted below. TASK 2 External Factors affecting HRM. Just like every organization has its own set of internal factors that affects its business, every organization also has external factors that affect the business.
This component contains all shareholders, management employees, government and communities. The Stakeholder interests identify the essential of trade-offs between the business owners interests and their employees in the organizations. Human Recourse Management policy choices are the third component of Harvard Model. Management’s decisions and actions could be emphasize in the field of Human Resource Management only if it acknowledged that there are relations between constrains and choices in the organizations. This model summarizes four HR Policy areas: Human Resources flow including “Recruitment, Selection, Promotion, Appraisals, termination
Uncomfortable / unbalanced work life , people now a days believe in doing multi- tasking which results in not maintain the work life, now a days employees want convent job a job which they are able to do other work too and also able to maintain the balance between work and life. Employee retention is the process where the organization tries to motivate the employees to stay in the organization, organization tries the level best to retain the employees for a long period of time. Any organization does not have power to stop any of its employees until or unless they have some stratify or a plan to retain the employees in the organization. Different companies have different ways of retaining the employees, but what matter is what is the plan set in the mind of the company to retain the employees.
In a company Human Resource is a very important part of the strategic plan. The HR department is the go-to when a company decides how to approach a problem or gain Ideas. If there needs to be hiring, the HR department will take care of it. They will provide the proper training and tools to achieve the organizations goals. There must be a strategic plan put in place that way everyone is on the same page internally within the company to be successful outside of the company.
LinkedIn Acquisition 1. What in your assessment are the most significant reasons driving Microsoft's purchase of LinkedIn? (250 words max) Ans 1) 1. Focus on enterprise software space: Microsoft has many in this regard ranging from Windows, Office 365, and Office Suite. Microsoft has utilized assets such as their surface tablets and Skype Communications into professional use-cases like Hololens.