Thursday, August 29, 2019

PEOPLE RESOURCING Essay Example | Topics and Well Written Essays - 2250 words

PEOPLE RESOURCING - Essay Example The group of six people headed by personnel dept. people, has done Job assessment. Initial investment cost was high. The same system of job evaluation is been maintained after change in the organizational structure also. This approach to job evaluation delivered a simple and controllable set of grades. But due to change in environment, competition and customers need organizational structure has to be changed accordingly. The present system seems to be inflexible and unsuited to the organizational needs. But due to change in the needs of the services of the people YBS later on YFS has to change accordingly. Analysis. Due to external as well as internal compulsions, organization has to change accordingly. In due course, organization YFS has to support the new business strategy to replace its old traditional hierarchy graded pay scales. YFS decided its pay structures flexible. The company first trying to define and categorized jobs accordingly with customer services in retail banking. An internal project team has been formulated and the team identified different nature of jobs, put them into separate categories, accordingly. After classifying jobs into different categories HR dept and live managers adjusted the existing job into classified categories and decided on the packages (cost to company) by analyzing the type of job offered to them. This process takes initially much more time and cost because almost all the activities have to be performed in the complete organization but later on time becomes half. IT has been proposed that the proposed system must evaluate generic categories for the job accordingly and time to time. The whole exercise has been done with complete details with keeping in mind the changing scenario of the market. The issue of pay, development, performance etc. has been properly addressed in the new system. The reward

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