LMU _ MBA _ Kandy 23

  Employee welfare "Employee welfare should be understood as such service, facilities and amenities which may be established in or in the vicinity  of undertakings to enable the persons employed in them to perform their work in healthy and peaceful surroundings and to avail  of facilities which improve their health and bring high morale" (International Labour Organization, 1956) .                                                              Figure  1   (istockphoto, 2021) Why we need Employee welfare for our Company  (Thesafetychic, 2021 Develop a feeling of satisfaction of employees with the company. Retain skilled and talented workers. Develop a sense of belonging to the company. Develop a better image of the company in the minds of the employees. Enhance the level of morale of employees. Create a loyal...

  HR’s Role in Promoting Corporate Social Responsibility   Figure 1 Source  (taxplus, 2021) Respect for different cultures and working conditions is essential for success, as is building a worldwide profile and social awareness. Recognize these differences in a strong corporate social responsibility (CSR) plan that may increase shareholder value, employee involvement, and employer brand recognition. The human resources department is important in ensuring that a company's corporate social responsibility system is implemented. Furthermore, while managing the implementation of CSR plans and actively monitoring their implementation, HR can document (and celebrate) company-wide success. Human resource development technology supports corporate social responsibility programs ( online masters , 2020) Corporate Social Responsibility is a commitment to improve community well-being through discretionary business practices and corporate resources (Moon, 2007) Figure 2 ...

  During the Pandemic Remote work   The coronavirus epidemic has affected companies and pushed human resource managers to rethink their strategy as they respond to social distancing techniques and a new work environment that they could not have predicted. “Remote work has greatly impacted the role human resources plays in the workplace. Today, a number of different things are expected of HR managers in order to support a virtual workplace” (pacificoaks, 2021).                                                           Figure 1  (insperity, 2021)   Though remote work has proven advantageous for company continuity and resilience during the epidemic, it is likely to persist once the virus is over. Prior to the pandemic, 76 percent of enterprises had fewer than 10% of their full-time workers working from home at leas...

  Recruitment The process of finding, screening, employing, and finally onboarding qualified job candidates is known as recruitment. The recruitment process can be very simple, but technical advances, a tight labor market, and a worker pool that may span five generations can make the first step, identifying suitable applicants, very difficult. Recruitment is an important part of human resource (HR) management that is aided by the hiring manager and others engaged in the recruiting process. Skilled recruiting efforts will set a company apart and make it more attractive to potential workers, a strategy that can have a direct impact on a company's bottom line (Jean, 2021) .                                              Figure 1 source  (Cleverism, 2021) Importance of recruitment   1. Planning and analyzing the organization's current and future manpower de...

  Labour Turnover                                                                       Figure 1   (Heather harper, 2020) Labour turnover refer to the rate at which employees leave employment. Labour turnover can be evaluated by relating the number of employees leaving their employment during a period of the time to the total or average numbers employed in that period   (Parchi.M, 2019) . Figure 2   (tutor 2u, 2021)   There are two kind of employee turnover 1. Avoidable causes 2. Unavoidable causes   Avoidable causes – Preventable reasons that are related to organization facilities and working condition and the management can change in order to retain the worker   (Parchi.M, 2019)   In side company Unsatisfied working con...