SUPUN WEERAKKODY - MBA B26 ESOFT LMU - HRM

  Definition of Employee Relations The relationship between or among an employer and its employees is referred to as employee relations. The term might have theoretical or practical applications, depending on the situation. This phrase may refer to a team that is specifically responsible for preserving and enhancing employee relations at some firms. The phrase may also be used to describe concepts, strategies, or directives that assist workers and their objectives. Whatever the strategy, a company's human resources department is normally in charge of managing employee interactions. In general, employee relations contributes to the development of a feeling of community within a company by focusing on the development of positive relationships and interactions between employers and employees. This might mean establishing open lines of communication at work or promoting workers' psychological, physical, and emotional well-being. Employee relations' ultimate objective is to ...

  Introduction to Strategic Human Resource Management (SHRM) In order to encourage innovation and enhance motivation, contentment, productivity, and ultimately overall performance, strategic human resource management (SHRM) is described as the alignment of the organization's strategic business goals with its human resource needs. In contrast to traditional HRM, which was only an organizational function, strategic HRM is a relatively recent concept. Ensuring practices that foster flexibility and give a competitive advantage to the organization Building a cultural fit for the organization Ensuring superior business performance Since SHRM is fundamentally a modern approach to human resource management, the HR division must be crucial to its success. To actively participate in developing and implementing corporate policies, HR managers need to obtain a deeper understanding of SHRM. Hiring, training, and rewarding personnel for their success are just a few of the man...

  What is Human Resource Management system (HRIS) Software called an HRIS (Human Resource Information System) is made to make your daily HR work easier. This can include archiving, editing, managing, monitoring, and reporting all employee-related information in your company. Consider it a single source of truth where information can be stored, updates can be managed, and reports can be produced quickly for managing your whole HR operation. The role of information systems in HRM These technological advancements allowed for the creation of an interactive, real-time work environment. From automated employee record-keeping to more complicated reporting and decision-making systems, personnel information systems have progressed. Practically speaking, we could only address administrative difficulties in a standard HRIS, such as absence monitoring, pay structures, training data, recruitment, media reaction, access to current information, medical data, and global administration. On the ot...

  Introduction DEI stands for inclusion, diversity, and equity. DEI is a discipline that includes any rules or procedures intended to welcome people from different backgrounds and give them the resources they need to succeed to the best of their ability at work. Diversity is the presence of distinctions within a certain context; in the workplace, this might include distinctions based on racial or ethnic background, gender, gender identity, sexual orientation, age, and financial status. Making sure that policies, procedures, and programs are unbiased, and just, and giving every person the best possible outcomes is the act of guaranteeing equity. Creating a sense of belonging among employees is known as inclusion. Diversity To various people, diversity can signify different things. It can refer to legally protected categories like race, sexual orientation, gender, and age. Others, like our CEO Ben Herman, believe that "diversity means understanding and appreciating the differences e...

  What is Employee Retention? Employee turnover, or the quantity of employees who quit their jobs within a given time frame, either freely or involuntarily, is described as an organization's ability to prevent it. The success and effectiveness of an organization can directly be affected by staff retention. For an organization to succeed, its top personnel must be retained. Retention of employees aims to achieve this. Employee retention refers to the plans a business makes to reduce the likelihood of employee turnover and the procedures it implements to keep its most valuable employees. Employee retention is currently a major concern for businesses and HR departments. People quit their jobs for a variety of reasons. Others are forced, like being laid off, while some are chosen, like changing jobs. Instead of the loss of a poor performer, employee retention methods largely concentrate on voluntary turnover that is harmful to the company. Why Retention is important? The cost of improv...

  Introduction to Effective Employee Management The capacity of a manager to inspire, encourage, interact with, and establish trust with their staff is known as effective employee management. The finest managers assist each employee to manage them effectively by recognizing their strengths and shortcomings. Being a good leader is at the core of efficient employee management. An excellent manager is, to put it simply, one that everyone wants to follow. A competent manager understands how to maintain his staff's productivity, motivation, knowledge, and harmony at work. Effective leadership is about inspiring your team to deliver consistent performance while also igniting the drive for growth and cultivating employee loyalty to their co-workers, you, and ideally, the organization. What is the best way to manage employees? COMMUNICATION Any relationship must have good communication to succeed and develop. Clear and understandable communication between managers and staff is essential fo...