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HUMAN RESOURCE MANAGEMENT Unit VI Assignment For this assignment you are tasked with creating a PowerPoint...

HUMAN RESOURCE MANAGEMENT Unit VI Assignment For this assignment you are tasked with creating a PowerPoint presentation that addresses human resource planning and compensation/rewards. Part 1: Human Resource Planning In this section of the presentation you will discuss the development of an effective human resource planning process. Be sure to identify the major players and their functions, components of the process, and suggestions to improve the process. Part 2: Compensation and Rewards In this section of the presentation you will differentiate among direct financial compensation, indirect financial compensation, and non-financial rewards. Be sure to include specific examples of each. Click here to access the presentation template. Information about accessing the grading rubric for this assignment is provided below.

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Answer #1

Part - 1

Appoint the people having the capabilities and skills matching to the job requirements. People from diversified background would be good for the organisation as these people added multiple qualifications and ideas which leads to innovation.

To improve provide better training for technical advancement and to motivate the employees.

Part 2

Direct compensation means remuneration or the salary received.

Example - Salary or allowance received in terms of Appointment.

Indirect compensation meant for rewards for good work done.

Like incentives for good output.

Non financial rewards meant for rewards in kinds other than cash.

Example - cab facilities, phone bills, part of shares of the Company, etc.

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