MPC FINANCE( HR MANAGEMENT) Case Study Example | Topics and Well Written Essays - 1500 words

MPC FINANCE( HR MANAGEMENT) - Case Study ExampleSome recommendations have been do for the better custom and circumspection of human resource of the bon ton which will help the company in achieving better results with regard to their human resource management.There argon indisputable inefficiencies found in the human resource management of the company. Management is relying on the hierarchical structure for in an old progressive manner for deciding the wages of companys employees. Work force is hired at the lowest level and they progress with the passage of time towards the upward positions. Due to this system employees do not consort to work harder for quick progress in the company and thus efficiency is compromised due to un-utilisation of full potential of some employees.The performance management system of company is top down with little chances of interaction between management and subordinates. At the work place where everyone is included in a team and the best of results are achieved through team work, this is not a very good scenario for optimum utilisation of companys resources.Last in first out redundancy policy is in use by company, which is obviously not a universal axiom and the employees should be evaluated with the system which best describes the value added by them in the company.Another defect in the companys HRM system is the dissatisfaction among the employees of regional offices due to general perception that headquarter employees are taken well care of as compared to the regional office employees and due to the fact that absenteeism and boil turnover in the regional offices is three times that in the headquarters offices. Moreover workforce was hired through word of mouth in consecrate to contain costs. Female staff has occupied the lower positions in the company whereas male staff has occupied higher positions and lower staff members are cosmos invested in and encouraged to come up and occupy higher positions as well. It has been observed that people hired from ethnical minorities are not settled in the companys environment because they feel unsecure, unaccepted and lesser career prospects. Turnover of staff appointed within the last year is very high. Other complains include management has invested heavily in the complex IT system and employees are very passive in doing work through that advanced technology. ConclusionsThere are changes to be made to the HRM system by the management for making it beneficial that would result in the employees satisfaction. It has been concluded that companys employees are the most valuable assets of company and these are the employees who make up the whole company. For a company it is equally important for its employees to grow and remain satisfied and happy with their jobs. Therefore, the company should invest appropriately in its employees in ensnare to make full use of their abilities. Company should promote and encourage a culture that ensures that all of the employees are satisfied with their peers, their working environment, their infrastructure and