18.recent Techniques In Hrm 2x4468

RECENT TECHNIQUES IN HUMAN RESOURCE MANAGEMENT

1. EMPLOYEES FOR LEASE New type of organization – employee-leasing organization which will provide expert advice and consultancy and further they will also supply human resources for executing their projects. These organizations employ different kinds of candidates and lease them to various organizations 2. MOON LIGHTING BY EMPLOYEES------blue moon to full moon. Employees in most of the organizations realize that all their demands cannot be met by their organization alone. Hence they depend either on some other organizations for part-time job, part-time business or take up a business or start an industrial unit in order to earn more. This type of activity is known as MOONLIGHTING. •

BLUE MOON-------Some employees will not be happy with level of wages of the company and will not go for second job in future because of their inability. Their effort to earn additional income will not bear any fruit. Employees may call these types of efforts and the consequent result BLUE MOON LIGHTING.

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QUARTER MOON LIGHTING-------Employee prefers to take a part-time job also to meet his expenses. The employees call this type of activity quarter moon lighting.

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HALF MOON LIGHTING------Some employees will not be happy with their present wage structure, as they cannot live luxurious life. Hence they take up those jobs or business to earn more money to purchase luxury items to lead comfortable life. The employees call this activity as half moon lighting.

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FULL MOON LIGHTING-----employees spend most of their time and resources in starting, developing, expanding their business activities. Their financial and social position will almost determined by the second occupation. This activity is called as full moon lighting.

3. DUAL CAREER GROUPS------4.FLEXITIME AND FLEXIWORK-------5. TRAINING AND DEVELOPMENT---Organization’s educational institutes. 6. MANAGEMENT PARTICIPATION IN EMPLOYEES’ ORGANISATION 7.CONSUMER PARICIPATION IN COLLECTIVE BARGAINING.

8. COLLABORATIVE MANAGEMENT- a multidimensional approach which includes worker’s participation, customer’s participation, government’s participation, stockholder’s participation. 9. EMPLOYEE’S PROXY 10. HUMAN RESOURCE ING------It is the measurement of the cost and value of the people for the organization. Methods of valuation of human resources---1.historical cost method.2. Replacement cost 3. Standard cost method. 4. Present value. 5. Current purchase power method. 6. Opportunity cost method. 7.economic value method. 8. Statistical based method. 11.ORGANISATIONAL POLITICS----Any behaviour by any organizational member hat is self-serving. 12. EXIT POLICIES AND PRACTICE. ----Retrenchment, voluntary retirement scheme, closure, lay-off