Assignment 2 Essay Example | Topics and Well Written Essays - 2500 words

Assignment 2 - Essay ExampleThe strategic human resource management (SHRM) is not bounded or direct by some definite of rules. Rather the whole idea is to develop a human resource development model that is dynamic in nature. That shadower be changed and recalibrated according to the need and wants of the current business situation. The present research topic details the businesss and challenges betd by the human resource development and the strategies that merchant ship be adapted to overcome such challenges. 2.0 Identification and explanation of the main Human Resource challenges facing any organisation The number of challenges an organisation has to face depends on the size of the organization since size matters more than the effects of the internal and external interferences. As the size of the organization increases, the number of challenges and jobs also increases (Boxall, 1982). ... So kind of only few challenges and problems are discussed which are important in the pres ent context. 2.1 Problems is fixing compensation Compensation planning is one of the problematic areas. The reasons associated with compensation problem are one and many. The managers are sometimes not able to understand the best way to measure the efficiency of the employees. Due to the wrong choice or methodology to measure the employee efficiency, the managers at times have trouble to understand, the exact compensation level which correlates with the level of efficiency (Guest, 1999). This is the one of the most acute problem in the compensation management area. The managers do not revise the methodology to check the level of efficiency of the employee for long period of times. So even afterwards there is significant improvement in the employee performance and efficiency, the managers still tend to follow the unrevised version to measure the employee efficiency. So the compensation fixed does not correlate with the employee efficiency. The managers are sometimes unable to unders tand the factors that motivate the employees. The different level of employee working in the organisation may not have the aforementioned(prenominal) kind of motivational factors. The management sometimes tend to follow a general guideline, which considers that all most all employees have the same motivational factors. For pattern the employees at the bottom level are motivated by material benefits more than the employees at the higher level (Hyman, 1987). For employees at the higher level, the recognition and the spot allotted and the status granted matter the most. During the budget preparations the managers forget to factor in the fact that the current