PEOPLE MANAGEMENT AND ORGANIZATION MBA HRM 2023

      Fig-1   https://www.aihr.com/blog/high-turnover-meaning-rates/  Introduction,  In an HR context, turnover can be defined as  the process by which employees leave and are replaced by new hires. There are 2 types of turnover,such as voluntary or involuntary. 1. In cases of voluntary turnover, employees choose to separate for their own reasons. 2.Involuntary turnover occurs when the employee would have preferred to stay, but the company decide to let them go.   Types of turnover,     Retirement: Employee reaches retirement age or terms and takes advantage of it.     Resignations - Resigns due to personnel matters.     Terminations- May be due to disciplinary action.     Retirements - Due to the age or early retirement.     Location transfers - Due to service location change.     Job abandonment: The employee walked out to never return.      ...

                         FIG-1 https://www.linkedin.com/pulse/work-life-balance-why-does-matter-biswajit-sarkar What is work life balance, Work-life balance means you’re able to find a split between how much time you spend working and how much time you have to take care of personal responsibilities and enjoy living life outside of work such as the  amount of time you spend with loved ones or pursuing personal interests and hobbies . . However, this illustration is unique to each and every person and does not always mean a 50% split. Your ideal work-life balance should be whatever helps you function best. Importance of work life balance, Doing a job in an organization can be an extremely time consuming duty for any employee. Those who work are busy at their offices throughout the day and occasionally even on weekends. As a result of this they have very little time to stay with their family. Due to ...

 Employee safety and health,                                                                                     FIG - 1 Introduction To increase profit margins most organizations usually try to reduce costs , they forget workers safety which makes or breaks their bottom lines. Without their workers, organizations cannot operate efficiently, and to ensure that everything is running smoothly, organizations have to continuously improve health and safety practices in their  places. There are many organizations and workplaces where risks are part of the job life. For examples, in construction, mining, chemical, and transportation industries, workers are facing lot of safety risks with in their work and to safeguard them employers ...

  Ethical work place in organizations                                                                                          fig - 01 Introduction Ethics in the workplace is defined as the moral code that guides the behavior of employees with respect to what is right and wrong in regard to conduct and decision making. Headlines frequently highlighted allegations of unethical behavior in the workplace which can create public relations crises, operational distractions, financial liabilities and in some cases lead to the total collapse of organizations. So that  it is no surprise that organizational efforts to prevent, detect and respond to it are consistently scrutinized by stakeholders. The intense scrutiny ma...

 Training and development of employees                                                                                     fig - 01 Introduction Training and development in Human Resource Management (HRM) can be explained as  a system of educating employees within a company . It includes various tools, instructions, and activities designed to improve employee performance. It's an opportunity for employees to increase their knowledge and upgrade their skills and  is often seen as a planned and systematic process of learning in a sense. of acquiring, modifying, and/or developing knowledge, skills, and abilities.  Importance of Training and Development in Employee Performance? Companies often take a decision to roll out...

  The Importance of Age Diversity in the Workplace                                                                                  fig-01 Introduction Age diversity is the acceptance of all age groups in the workforce   or  can be explained as the potentiality of an organization to accept employees of different age categories within the organization’s working environment.  Outlooks, attitudes, behaviors, and expectations always tend to vary from one generation to the next. Still, with the right planning and consideration, employers can leverage the individual strengths of their workforce and compete more effectively in their respective marketplace. The Benefits of an Age-Diverse Workforce Age diversity can boost org...