ERP

Enterprise Resource Planning

ERP integrates the information across functions, and provides a set of tools for planning and monitoring the various functions and processes and ensuring progress towards a common purpose.

Effective forecasting, planning, and scheduling are fundamental to productivityand ERP is a fundamental way to achieve it. Properly implementing ERP will give you a Competitive advantage and help you run your business more effectively, efficiently, and responsively.

In Short ERP is an integrated system of all functional areas in the organization like Finance , Human Resource, CRM etc..

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Human Resource

The function of Personnel Management / Human Resource Development (HRD) is to make the most effective use of an organization's resources - it's people. This means handling recruitment, placement, training, as also manpower planning, staff welfare, industrial legislation and labour relations. Other specialist areas in which HRD personnel are involved, include compensation and benefits for the staff, health and safety, and other welfare aspects and staff welfare schemes, handling management of change and so on.

Human Resource or man power planning is the process by which the management determines how an Organization moves from the current man power position to the desired man power position

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What is Human Resources Management?

Human resources management is organizing, guiding, providing resources for, and interacting with employees. Effective human resources management is critical for an organization to achieve its goals and objectives.
Human resources management includes: 1. 2. 3. 4. 5. 6 7 Planning for the movement of people into, within, and out of the organization Recruiting and selecting personnel with the appropriate skills, knowledge, and abilities Training and developing staff members to enhance their capabilities Providing compensation and benefits that attract, motivate, and retain talented employees Appraising and reporting employee performance to identify areas that need improvement and provide positive reinforcement for effective performance Maintaining effective employee relations Providing for employees' safety by minimizing the risk of illness and injury in the workplace

Key Functions in HR can be classified into: 1. Recruitment 2. Training & Development 3. Performance Appraisal 4. Benefits & Compensation 5. Career Planning

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Recruitment

Recruitment is the process of discovering the potential applicants for the actual and anticipatory organizational vacancies.

Steps involved in Recruitment

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Man Power Requisition Form HR Approval of MPR Form Resume Entry Candidate short listed Candidate Evaluation GD Interview Technical Interview Interview Appraisal / HR Interview Offer Letter References Date of Joining Certificate Submission Appointment Letter Induction

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Training and Development

Training and Development is to prepare employees for the new technologies and higher levels of operations aimed at consistent incremental improvement in performance Steps involved in Training

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Training Identification Training Plan HR Approval of Training Training execution with Plan Employee Training Feedback HOD Training Feedback External Presentation Evaluation External Training Evaluation Employee Delayed Feedback Training Execution without Plan Internal Training Evaluation

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Performance Appraisal

Performance Appraisal is the process of evaluating an employee in the organization of his performance in terms of requirements.

Steps involved in Appraisal

1. 2. 3. 4. 5. 6. 7. Appraisal HR Appraisal Directors Appraisal Moderation Managers Rating Weight age Master Rating Master HR Moderation of Managers Rating

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Benefits
The financial incentives are paid to specific employees whose work is above standard. Employees Benefits services on the other hand are available to all employees based on their membership in the organization.

Some Benefits are as follows:

1. 2. 3. 4. 5. 6. 7. 8. 9. Disability pension benefits Health insurance benefits Old age pensions Survivor benefits / Dependents Insurance Investment Benefits FSA Information - Flexible Spending Account Vacation Benefits FMLA

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Career Planning

Career Planning is used to groom top talent to replace key managers in the organization

Succession Plan

Succession Plan is by which the organization determines and Identify the employees has the high potentials and develop Plans for management succession and continuity in the organization

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