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EXECUTIVE SUMMARY
We can say that HR adding value to the organization and also arriving value of human assets and expenses. HR provided the answer of the queries about the effectiveness for example measuring of the training cost training hours average employee average lost of time in case of accident costs.
CONTENTS
DEFINING HR SCORECARD HR scorecard
Financial Perspective Strategic Perspective. Operational Perspective Customer Perspective
HR scorecard
Financial Perspective
That how people and the HR function add value to the organization. Examples HR expenses per employee. Benefits per employee Profit per employee. Cost of injuries
Strategic Perspective
The strategic perspective focuses on the measurement of the effectiveness of major strategy (plan) linked people goals. Examples HR budget / actual. HR annual resource plan Skills/ competency level
Operational Perspective
Operational perspective also provides answers to queries about the efficiencies & effectiveness. The processes that are vital to the organization. Examples
Training cost per employee Training hours per employee Lost time due to injuries Time taken to fill vacancies Accident costs
Customer Perspective
This focuses on the effectiveness of HR from the internal customer viewpoint. Are the customers of HR satisfied with their service; Or customers think they can get better service elsewhere? Examples Employee perception of the HRM Employee perception of the company , as an employer
CASE STUDY OF
Introduction
The Human Resource Department of DG Audit (Railways) deals with management of people within the organization. Besides, the Human Resource Department also clarifies and sets goals for the organization.
Objectives
The objectives of Director General Audit Railways is to meet the organizational needs of the department . How Inspection Program shall be scheduled, planned, conducted and documented.
Performance Review
HYPERLINK-I
STRENGTH
Experienced Staff along with young qualified ones
WEAKNESSES
Lack of IT resources/ trained staff
OPPORTUNITIES
Training of Staff by OAGP
Threats
Non compilation of Computerized record
Conclusion
In DG Audit Railway performance measurement system of employees is very poor. There is no any proper arrangements of adjusting the performance measurement review. According to me the performance review system of the employee in DG Audit Railway should be maintained efficiently.
STRENGTH
Experienced Staff along with young qualified ones Lack of IT resources/ trained staff
WEAKNESS
OPPORTUNITY
THREATS