Best Human Resources Practices For Redundancy And Redeployment During The Economic Crisis
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Best Human Resources Practices For Redundancy And Redeployment During The Economic Crisis
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Author : Suhel Khan
language : en
Publisher: CreateSpace
Release Date : 2014-02
Best Human Resources Practices For Redundancy And Redeployment During The Economic Crisis written by Suhel Khan and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02 with Business & Economics categories.
As a result of the recent credit crunch in 2008, many businesses are facing a downturn specially banking sector. Most of the developed economies are under recession. UK has officially entered recession and UK economy shrank 1.5 % between October and December in 2008. Recession affected the unemployment and it will lead to the redundancies and deployment of staff in many businesses. Credit crunch impacts on the profit of many businesses and it leads them to consider making redundancies. However implementation of redundancies is a very difficult task which a Human resource manager faces. It is an emotionally charged process and it has plenty of legal issues which need to be taken care of. Businesses started the process of making people redundant or redeployed. Unemployment in UK economy is 1.923 million which is 6.1 %. In the situation of redundancy, the most important objective is to deal with the employees who are losing job sensitively and fairly. However, it is important to take care of current employees' morale which is essential to get the effectiveness for the business. If redundancy cannot be handled well, it will badly affect employer's business and goodwill. The objectives as a Human Resource Manager are to give the complete explanation of the current situation and explanation of policies and procedures for redundant employee. Human resource manger has to explain the need for change in current scenario along with the future prospect for the existing employee. Redundancy should be handled in fair, effective and responsible way. Human resource manager has to explain existing employees' role and value in the future and positive attitude towards their work. Existing employee should get the reassurance in the employment prospect and their importance in the company. If it requires, The manager has to arrange individual discussion for the key workers in the company. Managers need training to develop personal skills and positive attitude to handle this traumatic change.
Human Resource Practices And Organizational Commitment
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Author : Haifaa Hachem
language : en
Publisher:
Release Date : 2021
Human Resource Practices And Organizational Commitment written by Haifaa Hachem and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Organizational commitment categories.
The following thesis sheds light on the importance of HRPs in generating positive employee outcomes during an economic crisis. In particular, it has explored transformational leadership development which falls under training and development practice. It has discussed how developing transformational leadership in employees leads to positive employee outcomes, which results in building resilient employees who are capable of overcoming difficulties and hardships and as a result form organizational commitment in times of economic crisis. Moreover, it has discussed the three components of organizational commitment (affective, normative, and continuance) in accordance to transformational leadership and employee resilience in times of an economic crisis. The thesis has concluded the existence of positive relationships among transformational leadership, employee resilience, and organizational commitment and its two components affective and normative commitment, but no relationship with its con ...
Managing Redundancy
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Author : Deepak Sharma
language : en
Publisher: Educreation Publishing
Release Date : 2017-12-14
Managing Redundancy written by Deepak Sharma and has been published by Educreation Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-14 with Education categories.
It becomes necessary to look at redundancy management from a long term perspective where it may be considered as part of organizational renewal which is not only aimed at cutting cost (also read as reduced manpower) but a process in which employees of the organization are made active partner in identifying areas of redundancy and inefficiency, where trust and communication is not broken in the entire process and even if some roles/jobs have to be abolished the employees who were in those roles to be treated with dignity. As a consequence, workforce of tomorrow has to understand that they need to be high on 'employability quotient' where they may learn to manage their career in terms of learning new competencies as they grow in life and career. The book aims to understand redundancy through the eyes of labour laws including interpretation of statutes by Supreme Court, redeployment that may lead to talent from getting lost, VRS and role of HR in designing and implementing VRS & judicial perspective of Courts in interpreting VRS and its implementation, part played by HR in handling redundant positions/jobs and HR and its role in understanding and catering to needs of both survivors and victims of redundancy drive and managing employee exit.
Workers Voice Hrm Practice And Leadership In The Public Sector
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Author : Nicole Cvenkel
language : en
Publisher: Routledge
Release Date : 2019-12-09
Workers Voice Hrm Practice And Leadership In The Public Sector written by Nicole Cvenkel and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-09 with Business & Economics categories.
Much is talked and written about well-being in the workplace, but many wonder whether 'putting people first' is just a facade and that were it not for employment legislation, union representation and the high profile of human rights issues, employers would regard employees as a necessary burdensome financial evil, as in days gone by. Some scholarly research has focused on the reactions of employees to the quality of working life and well-being at work and much of this suggests high levels of dissatisfaction, disaffection and disengagement. In Workers' Voice, HRM Practice, and Leadership in the Public Sector: Multidimensional Well-Being at Work, Nicole Cvenkel avers that whilst it is known that public sector employees are even less satisfied than those in the private sector, there has been very little research into the effects of working life experiences on employee well-being in public sector organisations. There is even some doubt about whether a well-being philosophy that can be applied in the private sector can readily be extended to the public sector. The push towards New Public Management (NPM) means organisations continue to undergo significant reform processes around efficiency, costs and public service delivery. All these changes place additional demands on public sector employees who are at times also subject to intensive scrutiny by stakeholder groups, who may regard the recourse to well-being initiatives as a poor use of public funds. The author has researched in the UK local government sector and that is the setting for the debate in this book, about whether and how an employee well-being ideology can be successfully promoted and maintained in an NPM environment, given continuous reform and expenditure reduction. In a local government case organisation, the author has researched, limited resources, reduction in budgets, redundancies, increased workloads, lack of trust, and the existence of a 'controlled' working environment were all found to be central to a climate of bullying and unfairness. Although the organisation was committed to the adoption of HRM 'best practice' and initiatives geared towards promoting employees well-being, employees still believed they were being bullied and treated unfairly. It was found that different perspectives on the psychological contract, fairness, and bullying at work were highlighted by managerial and non-managerial employees. The author's conclusions contribute to a clearer understanding than hitherto of workers' voice in relation to work, leader-member exchanges, and well-being in the public sector and she offers a model depicting employees' understanding of what their quality of working life, line manager’s leadership and well-being should be, that might be used by organisational leaders, researchers, policy makers, Human Resources managers and other practitioners and consultants, to move towards a more holistic, multidimensional, well-being at work paradigm.
Human Resources In The Recession
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Author : William K. Roche
language : en
Publisher: Stationery Office Books (TSO)
Release Date : 2011-01-01
Human Resources In The Recession written by William K. Roche and has been published by Stationery Office Books (TSO) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Personnel management categories.
Human Resource Management
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Author : Sarah Gilmore
language : en
Publisher: Oxford University Press
Release Date : 2012-12-06
Human Resource Management written by Sarah Gilmore and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This book provides a concise, engaging, and accessible introduction to human resource management which is academically rigorous and appropriate for both undergraduate and postgraduate students taking courses in business studies and related areas. Adopting lecturers receive a copy of a DVD featuring video interviews with practitioners.
Well Being In The Workplace Governance And Sustainability Insights To Promote Workplace Health
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Author : Nicole Cvenkel
language : en
Publisher: Springer Nature
Release Date : 2020-05-02
Well Being In The Workplace Governance And Sustainability Insights To Promote Workplace Health written by Nicole Cvenkel and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-02 with Business & Economics categories.
This book is intended for human resources management academics, researchers, students, organizational leaders and managers, HR Practitioners, and those responsible for helping support employees in the 21st-century workplace. It offers a path forward to create an environment that will not only build a healthier workplace by providing appropriate and effective well-being interventions but also offers solutions to manage multi-generational and ‘holistic’ employees within the employment relationship. The book describes the factors that promote healthy and WELL organizations and introduces concepts and strategies to reduce workplace stress and mental health issues and improve workplace well-being toward sustained organizational success. Employers that embrace the corporate responsibility of promoting the health and well-being of multi-generational, holistic employees will reap cost savings, employee engagement, and productivity advantages, as well as a healthier and more productive workforce.
Responsible Restructuring
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Author : Wayne F Cascio
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2002-09-09
Responsible Restructuring written by Wayne F Cascio and has been published by Berrett-Koehler Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-09 with Business & Economics categories.
Firms that restructure through downsizing are not more profitable than those that don't, and often end up hurting themselves in the long run. Responsible Restructuring draws on the results of an eighteen-year study of S&P 500 firms to prove that it makes good business sense to restructure responsibly-to avoid downsizing and instead regard employees as assets to be developed rather than costs to be cut. Wayne Cascio explodes thirteen common myths about downsizing, detailing its negative impact on profitability, productivity, quality, and on the morale, commitment, and even health of survivors. He uses real-life examples to illustrate successful approaches to responsible restructuring used by companies such as Charles Schwab, Compaq, Cisco, Motorola, Reflexite, and Southwest Airlines. And he offers specific, step-by-step advice on what to do-and what not to do-when developing and implementing a restructuring strategy that, unlike layoffs, leaves the organization stronger and better able to face the challenges ahead.
Employment Relations In The Shadow Of Recession
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Author : Brigid van Wanrooy
language : en
Publisher: Bloomsbury Publishing
Release Date : 2013-11-25
Employment Relations In The Shadow Of Recession written by Brigid van Wanrooy and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-25 with Business & Economics categories.
How have employment relations evolved over the last decade? And how did workplaces and employees fare in the face of the longest recession in living memory? Employment Relations in the Shadow of Recession examines the state of British employment relations in 2011, how this has changed since 2004, and the role the recession played in shaping employees' experiences of work. It draws on findings from the 2011 Workplace Employment Relations Study, comparing these with the results of the previous study conducted in 2004. These surveys – each collecting responses from around 2,500 workplace managers, 1,000 employee representatives and over 20,000 employees – provide the most comprehensive portrait available of workplace employment relations in Britain. The book provides an in-depth analysis of the changes made to employment practices through the recession and of the impact that the economic downturn had on the shape and character of the employment relationship.
Corporate Social Irresponsibility
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Author : Ralph Tench
language : en
Publisher: Emerald Group Publishing
Release Date : 2012-11-29
Corporate Social Irresponsibility written by Ralph Tench and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-29 with Business & Economics categories.
Corporate social responsibility (CSR) has become an increasingly heated topic since the 1980s. This title proposes that the concept of Corporate Social Irresponsibility (CSI) offers a better theoretical platform to avoid the vagueness, ambiguity, arbitrariness and mysticism of CSR.