Case Study Invencibility Systems
1- Besides the factors identified, what other factors should invincibility systems take into account in its HR planning?
At the moment Invencibility Systems has performed a very unique work on internal research, which has given a chance to its decision making managers to discover very individual aspects of the company. The firm’s research has looked at factors such as health phase out plan, marital status, age of employee, years at the company and job category to predict the future turnover rate and therefore forecast their hiring levels.
In addition to these factors, the company must also take into consideration sales numbers such as current sales as well as projected future sales growth as they
…show more content…
In addition, government programs of granting working visas to foreign highly skilled students, as well as technological investments and incentives also affect labor force supply.
In short, the firm must find a balance when planning the HR. It has to look at internal factors and projections such as future sales and costs which help them predict demand and consequently forecast the workforce needed. But at the same time it has to look at external factors to predict labor supply and the external factors are found in the environment around the company.
2- What legal concerns does the data analysis at invincibility raise? How should the company address those issues?
From the information provided in the case we could notice that Invencibility System has used internal information to predict what specific employees are leaving the company. However, the firm has not created an incentive or reward program based on the data acquired in the research, for trying to maintain these employees inside of the company or even motivate them to stay as a part of the Invencibility systems group.
The fact that the firm uses internal data to predict who will or will not leave the company in the following year but in contrast lacks a program to fulfill the self-esteem as well as the psychological concerns of its employees is a major area of legal concern.
The only way the company can fix
In analyzing the concepts discussed in Human Resource Management, I have found an interesting mix of education and forethought into the role of a human resource manager. Many of the aspect of human resource management such as HR planning, recruitment and selection, as well as, human resources development and labor relations all play a significant role in the success of any organization. There are many benefits to the learning that has taken place in this course that has helped me better understand HRM and its roll that will shape not only my position in business now but for future
The challenge they face is that stakeholders may not agree with borderline ethical/legal conduct and not invest in the company. This can lead to image loss and financial downfalls and undermine the entire company.
This change in the role of HR has been steadily increasing and recently “has intensified due to changes, among others, in increased competition and workforce demographics” (Payne, 2006). This makes the function of the HR manager an exciting area of business to consider when evaluating the planning and strategy of a company.
The reality in today’s work place is that employees are more inclined to always be on the lookout for a new and better employment opportunity if they feel that the company does not value them as an employee. In order for our company to get a better understanding on what will better control the turnover rate and what program will be the most effective. There first must be an understanding at what level of risk we currently are in, and this is accomplished by looking at two determining factors of impact and likelihood. (De Vore, 2013)
Where the HR function is large, there would typically be a HR Director within the structure that works with the other top level executives to analyse the organisation in order to determine and plan its staffing needs to achieve the long term goal and strategic aims. It is at this level where other options should be explored to determine the actual need to recruit as there may be other options for the organisation such as job redesign. The area of staffing falls within the HR function where the recruitment and selection of human resources for the organisation is carried out. On selection, Recruitment advisors are involved in developing and administering methods that enable managers to decide lawfully which candidates to select and which to reject for the given jobs.
In this paper Team C will discuss a situation within a company that requires research, hypothesis and variable. We will also go over the ethics that need to be taken into account. The situation that is being faced is the employee turnover rate is too high. This is a significant problem because it is causing the company to lose money each time they have to train a new employee. This is a great situation to research and find out what is going on, and figure out how it can be changed. The research for this will figure out why the situation seems to be that there is a high
Human resource planning (HRP) is a forward looking function. Its tries to evaluate human resource requirements in advance keeping the production schedules, market fluctuation, demand forecasts, etc. it is an integral part of the overall corporate plan and reflects the broad thinking of management about manpower needs within the organization. Without human resource planning none of organization can survive. It is like being a human we need oxygen to live exactly like human an organization need HRP. Without planning organization cannot survive and work.
At times, after firing the underperforming employees, a company may end up replacing him or her with even a worst performer. In such cases, the organization will have to go through a series of firing and hiring employees frequently. The problem with this arrangement is that businesses waste a lot of time and resources (human and capital) when trying to find that perfect employee to fill any given job vacancy in their organization (Shaer 10).
Strategy is defined as: a way of doing something, or a game plan or plan of action. As a HR manager you must possess the ability to look at things from a strategic approach (Anthony, Kacmar, & Perrewe', 2010). Over the years the whole approach to HR has changed drastically and continues to change. This approach requires an employer to see human beings as a resource to the organization. The development of people is now the most important asset of improving the performance of an organization; this is accomplished through improving designs and methods of Human Resource Management.
There are several ways Apple® can plan for effective HR resources. One way is forecasting, which will determine if the company will experience a surplus or a shortage within labor and supply
Employee/team member turnover may be mostly a negative issue, yet it can become positive if only controlled by the organization correctly and appropriately. Turnover is often utilized as an indicator of the organization performance and it can easily be observed negatively towards the organization’s efficiency and
Inova Health System was having serious issues recruiting and retaining employees and decided to tackle the issue head on. “Self-analysis is key for organizations to identify factors affecting staffing” (MacDonald, 2002, pp. 58-61). Inova identified and remedied its issues and also enhanced its strengths to attract candidates and retain employees. With all these changes Inova was able to become a sought after company to work for with enviable organizational
The leaking of restrictive company data can be categorized into the standardizing ethics class. In the regularizing class of ethics, there is the obligation guideline and hypothesis. One should stay certified and regard the set down principles and directions that represent associations (Patton et al, 2015). Nunez was not ethical when he leaked the companies restrictive date out to the general public as many companies could utilize the information to gain a competitive edge.
While researching on my chosen career path, I have noted expected growth in areas of Human Resources, and will attempt to place myself into those thriving roles by developing a long-term plan. As the economy fluctuates, the market for HR professionals will feel the adverse effect of downsizing & job expansion. The additional growth of technology is planned to change the job role on all career roles. And should be noted as a concern for this career path along with many other internal roles. With the continued growth of technological innovation we can expect increase in job efficiency, while experiencing a simultaneous drop in the needed personal of a company, as automation increases employees efficacy. In the current prediction model it is
A. The increasing of employee turnover rate at 17% in 1990 is the sign of company dysfunction in EIIC. It caused the rising of