Compliance Sheba

HR

HRM – Overview

Human resource management (HRM or HR) is the management of human resources. It is designed to maximize employee performance in service of an employer’s strategic objectives. HR is primarily concerned with the management of people within organizations, focusing on policies and on systems. HR departments are responsible for overseeing employee benefits design, employee recruitment, training and development, performance appraisal, and rewarding (e.g., managing pay and benefit systems). HR also concerns itself with organizational change and industrial …

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Talent Calibration Process

Talent calibration is a process of assessing the overall talent pool in an organization. It is a way to ensure that employees are being fairly evaluated and that their potential is being accurately assessed. Talent calibration can be used to make decisions about performance appraisals, compensation, and succession planning. The talent calibration process typically involves …

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Personal SWOT Analysis

Here are some steps on how to do a personal SWOT analysis: Once you have identified your strengths, weaknesses, opportunities, and threats, you can start to develop a plan to use your strengths to your advantage, minimize your weaknesses, take advantage of opportunities, and mitigate threats. Here is an example of a personal SWOT analysis: …

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What is People Management

People management is the process of recruiting, training, engaging, and retaining people to optimize their talent and maximize their productivity. It is a subcategory of human resource management (HRM), and it includes a wide range of activities, such as: Effective people management can help organizations achieve their goals by: Some of the key skills that …

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Compensation Management

“What is compensation?” In very simple terms, compensation is the results or rewards that the employees receive in return for their work. Compensation includes payments like bonuses, profit sharing, overtime pay, recognition rewards and sales commission, etc. Compensation can also include non-monetary perks like a company-paid car, company-paid housing and stock opportunities. Compensation is a vital part of human …

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Talent Management

What is Talent Management? Talent management is an integral part of human resource management. Talent management can be defined as a deliberate approach implemented to recruit or hire, develop and retain people with the required aptitude or skills to meet the present and future goals or needs of the organization. It is the creation and …

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