HUMAN RESOURCE MANAGEMENT IN GLOBAL CONTEXT

  Figure 1:What is HRIS? Introduction  Software systems known as HRIS keep track of personnel information and HR-related duties. They are a tool for human resources management that tracks data about workers, hiring new hires, and overall business reporting. In addition, they support HR departments with payroll processing, employee certification tracking, performance metrics monitoring, and other tasks. What is an HRIS? Erik van Vulpen, Neelie Verlinden (2024) A Human Resources Information System, or HRIS, is a software solution that is used to collect, manage, store, and process an organization’s employee information. Essentially, HR teams use an HRIS to work more efficiently and make more data-driven decisions. In most cases, an HR information system includes the basic features needed for end-to-end HR management. This system helps companies manage and automate core HR processes, such as:  Employee data management Benefits administration Payroll processing ...

  Figure 1:Employee Relations  Introduction The focus of employee relations is on interpersonal and group dynamics in the workplace. Good employee relations practices, characterized by high levels of commitment, involvement, and engagement, can enhance business results and promote the wellbeing of staff members. What is employee relations? CHRMP (2024) Employee relations are the interactions and relationships between employers and employees within an organization. A wide range of activities, policies, and practices that impact the overall work environment and the relationship between employers and employees is encompassed in this HR function. When it comes to employee relations, HR department has two primary functions: HR helps prevent and resolve problems or disputes  between employees and management HR assists in creating and enforcing policies  that are fair and consistent for everyone in the workplace. Coursera  (2023)   In yo...

Figure 1: Promoting Diversity Introduction Human resource professionals need to handle global diversity well in order to strategically turn it into an organizational benefit. Global diversity and inclusion are positioned by a number of research studies in the field as sources of competitive advantage that a business cannot ignore in the fiercely competitive global market. What Is Diversity Management? Diversity management is an organizational strategy within HR management that aims to increase the inclusion of individuals from a range of backgrounds. By implementing methods and policies that are sensitive to the social, cultural, and ethnic diversity of its workforce, its overarching objective is to advance equality and diversity in the workplace. Figure 2: Diversity management GreggU  (2019) Types of Workforce Diversity According to mbaknol.com (2021), there are three types, 1.    Gender Diversity:   Women have been moving steadily into occupations,...

  Figure 1:Compensation and Benefits Introduction  In exchange for their labor, an organization offers its employees rewards referred to as compensation and benefits. Top talent can be drawn to your company and kept happy, motivated, and involved in the workplace with the support of an alluring pay and benefits package. Thus, one of the most important aspects of human resource management is compensation and benefits. What are Compensation and Benefits? Denzel Moyo (2024) Compensation and benefits refer to the compensation/salary and other monetary and non-monetary benefits passed on by a firm to its employees in return for their services. Compensation  is w hat employees get paid for their work and the services they render to the company is known as compensation. A company-paid car, company-paid housing, and stock options are examples of non-monetary benefits. Compensation also includes monetary benefits like commissions, profit sharing, bonuses, overtime pay, recog...