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    GROUP MEMBERS

    Priti More -7508

    Gouri Rao -7524

    Shraddha Shelke -7532

    Pratik Tolani -7547

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    CAREER

    DEFINITION OF CAREER GIVEN BY EDWIN FLIPPO

    A career is a sequence of separate but related work activities

    that provide continuity, order and meaning to a persons life

    MEANING OF CAREER

    It is a sequence.

    It is the career path.

    Career of an ordinary worker

    Career growth

    Organizations responsibility.

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    CAREER PATH

    Unskilled

    worker

    Semi-skilled

    worker

    Skilled

    worker

    Highly

    skilled

    worker

    Assistant

    foremanForeman

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    CAREER PLANNING

    DEFINITION OF CAREER PLANNING

    It is a systematic process by which an individual selects his career goals andthe path to reach these goals

    MEANING OF CAREER PLANNING

    Important aspect of Human Resource Planning and Development. Organizations view towards Career Planning.

    Implementation of formal programmes.

    OBJECTIVES OR NEEDS OF CAREER PLANNING

    Attract and retain competent persons.

    Provide suitable promotional activities.

    Reduce employee dissatisfaction and turnover.

    Provide guidance and assistance to the employees.

    Achieve higher productivity.

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    CAREER DEVELOPMENT

    DEFINITION OF CAREER DEVELOPMENT

    Career Development means the personal movements an individual makes toachieve his career plan

    MEANING OF CAREER DEVELOPMENT

    It refers to the set of activities. Responsibility of an employee.

    EFFECTIVE CAREER DEVELOPMENTMEASURES

    Individual assessment.

    Caring superiors.

    Fair and equal opportunities.

    PLANNING AND DEVELOPMENTMOVES TOGETHER

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    PROCESS OF CAREER

    PLANNING

    Step 10 : Future Needs

    Step 9 : Review and Evaluation

    Step 8 : Monitoring

    Step 7 : Implementation

    Step 6 : Write up of Formulated Career Plans

    Step 5 : Development of Career Plans

    Step 4 : Selection of Priorities

    Step 3 : Identifying Career Needs

    Step 2 : Projection of Personnel Situation

    Step 1 : Analysis of Personnel Situation

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    Step 1 : Analysis of Personnel

    Situation

    The preparation of Career Development Planfor the future period.

    It will further comprise of information relatingto:

    No of employees.

    Structure

    Personnel needs Span of control

    Facilities for training and development.

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    Step : Projection of Personnel

    Situation

    Project the situation.

    Based on assumptions.

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    Step 3 : Identifying Career Needs

    Career Development Needs.

    Identifying scope and limitations.

    Helps in Career Development Plan.

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    Step 4 : Selection of Priorities

    Prioritize the problems of employees.

    Consider Technical , Financial and

    Administrative factors.

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    Step 5 : Development of Career Plans

    Most important step.

    The plan must be concrete which must specify:

    Objectives

    Extent

    Employees

    Department

    Time required

    Execute Career Development Plan.

    Policies and Programs of Training and Development.

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    Step 6 : Write up of Formulated Career

    PlansBrief report of the Career Plan.

    Schedule

    Procedures

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    Step : Implementation

    Personnel and HRD departments.

    Financial and Administrative support.

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    Step 8 : Monitoring of Career

    Development Plan

    Expected targets and achieved targets.

    Gap between the two can be identified.

    Remedial measures.

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    Step 9 : Review and Evaluation of

    Career Plans

    Periodical review

    Experts to conduct evaluation.

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    Step 10 : Future Needs

    On the basis of achievements career needs are

    estimated.

    Planning is a continuous process.

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    CAREER LIFE CYCLE

    Donald E. Super has suggested five stages of career

    development or career cycle of an employee.

    Exploration stage

    Establishment stage

    Mid- career stage

    Late career stage

    Decline stage

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    CAREER STAGES

    EXPLORATION ESTABLISHMENT MID-CAREER LATE CAREER DECLINE

    High

    Low 5 35 45 55 60

    P

    E

    RF

    O

    R

    M

    A

    NC

    E

    AGE

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    1.Exploration stage

    Person explores career options.

    Transition from education to work.

    Depends on:-

    Parents career.

    Interests.

    Aspiration.

    Financial resources.

    MANAGEMENTS ROLE IN THISSTAGE

    It happens prior to employment so organisation is notinvolved.

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    2.Establishment stage

    Starts with choosing a job.

    First experience on the job.

    Committing mistake, learning & assuming of responsibility.

    MANAGEMENTS ROLE IN THISSTAGE Identification of employees needs & aspiration.

    Analyzing the career opportunities & supplying information to

    employee.

    Career counseling. Internal publicity to career information.

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    3.Mid - career stage

    Continuous improvement in performance.

    Authority, responsibility, rewards & incentives are highest at this

    stage.

    It may also be a stage of reassessment, job change & adjustment of

    priorities.MANAGEMENTS ROLE IN THISSTAGE

    Making career planning a continuous activity.

    Providing service of experts.

    Career development workshops.

    Continuing education & training.

    Periodic job changes.

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    4.Late career stage

    Pleasant for senior employees.

    They train younger employees.

    MANAGEMENTS ROLE IN THISSTAGE

    Motivation of employees Leave of absence.

    Minimize career stress.

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    5.Decline stage

    Final stage in ones career to retire.

    Retirement planning.

    Transition from working life to retired life.

    MANAGEMENTS ROLE IN THISSTAGE

    Organisation is not involved.

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    Career counseling

    Guidance and advice to employees to choose

    their career paths.

    ThroughS

    enior Executives or Experts. Helps Employees to understand their strengths

    and weakness.

    Helps Employees to removeunrealistic expectations.

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    It is voluntary activity.

    Provided by H R staff, Managers, Supervisors

    or Consultants.

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    Employee retention

    To maintain efficient and stable manpower.

    Involves taking action for retaining employees

    over a long period of time. Retain high performers and achievers through

    Selective retention strategy.

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    Employee retention techniques

    Provision for retention bonus.

    Packages for incentives.

    Matching job to employees.

    Providing intangible benefits.

    Encouraging employee relations.

    By persuasion of employees. Conduction stay interviews

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    Other methods

    Scientific recruitment and selection.

    Scientific training and development opportunities.

    Providing job security and satisfaction.

    Providing attractive pay scales and incentives.

    Cordial labor management relations.

    Providing grievance redressal mechanism.

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    s Example of TESCO adopting a new social

    inclusion and regeneration model and

    achieving high standards(94%) in employeeretention.

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    Succession planning

    Assess and audit the available talent and find

    the potential succession potential available.

    Objective of succession planning. Ongoing process that ensures smooth

    functioning of operations in the organisation.

    Focuses on important jobs andidentifies the skill requires

    for those jobs.

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    Advantages of succession planning

    Opportunities to existing employees.

    Avoid turnover and dissatisfaction.

    Motivation to employees.

    Ensures stability, growth and success of

    organisation.

    Ensures continuity of a particular job.

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    Apart from its advantages the organisation

    must also take care that they are appointing d

    write an skilled candidate for succession.

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    Succession planning of TATA group and

    INFOSYS.

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