Essentials of HRM - NMIMS solved assignments

 

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Essentials of HRM

September 2021 Examination

 

1. Assume you are the HR manager in a highly homogenous company that now wants to better reflect the diversity of the target client group in its employee population. What must you consider as you think about implementing your new recruitment strategy? (10 Marks)

Ans 1.

Introduction

Employing new employees is a critical role for any corporation, no matter what its business strategy is. When identifying qualified individuals, an organization must guarantee that the recruiting process is quick and successful. The priority of the

 

 

2. Why do you think organizations can only achieve competitive advantage by investing in human resources and not in any other resources? Describe the transformation that HR underwent over the years. Discuss how the various challenges contributed to the evolution in HR. (10 Marks)

Ans 2.

Introduction

Many years have passed since human resources divisions were referred to as "personnel." Their primary role was to guarantee that enterprises adhered to regulations and maintained records, and calculate pay packages and wages that were compliant with applicable laws and included other advantages or components that were optional. Practically speaking, human resource departments have seen significant transformations during the previous decade or two.

 

3. Casestudy: A New Compensation Program to Motivate Performance of Marie started her chain of 10 wedding boutiques approximately five years ago. She presently operates within South Delhi and has been enjoying record profits. Marie's wedding boutiques provide full-service amenities to future brides, including wedding planning services, custom fittings, and locating hard-to-find wedding dresses. Marie's customer service philosophy is that customers are number one and must be satisfied with their purchases. However, recently there has been a rise in complaints regarding the lack of friendly service being provided, and three long-standing employees have threatened to leave unless their compensation is adjusted in response to servicing Marie's very demanding clients. Currently, Marie pays all of her staff the same base salary without any benefits. Marie feels that this approach promotes equity and eliminates any perceptions of favoritism between employees regarding compensation. Since receiving the negative complaints and the threats of some of her staff leaving, Marie has decided she need her compensation philosophy and needs your help.

a. What are the specific problems with Marie's current compensation program? (5 Marks)

 

Ans 3a.

Introduction

Even after putting in its best efforts, Marie is perplexed by its approach to employee satisfaction regarding adequate compensation, despite its best efforts. The human resources department in the firm must have taken care of the studied facts that an HR boss must keep in mind when he or she notes that his or her personnel are difficult to replace. The harsh reality is that the cost of

 

b. Discuss the types of compensation programs and plans available to Marie to motivate and retain her existing staff. (5 Marks)

Ans 3b.

Introduction

According to the results of a poll performed by the American Psychological Association, nearly ninety-three percent of surveyed employees stated that they are inspired to produce their best work when they believe they are appreciated. In the same way, if Marie can communicate the employer's pay philosophy and demonstrate to its employees that the corporation cares about

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