PROJECT REPORT Final
PROJECT REPORT Final
HRM
INDEX
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INTRODUCTION
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CONCEPT OF HUMAN RESOURCE MANAGEMENT IN
ORGANISATION
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Human Resource Management (HRM) or simply HR is the management of
human resources in an organization. It is designed to maximize the
employee’s performance in service of an employee’s strategic objectives.
HR is primarily concerned with the management of people within the
organization, focusing on policies and on systems. HR department are
responsible for overseeing employee benefits design, employee recruitment,
training and development, performance appraisal, and rewarding (e.g,
managing pay and benefit systems). HR also concern itself with
organizational change and industrial relations, that is, bargaining and form
governmental laws.
HR is a product of the human relation movement of the early 20th century,
when researchers began documenting ways of creating business values
through the strategic management of the workforce. It was initially
dominated by transactional work, such as payroll and benefits
administration, but due to globalization, company consolidation,
technological advances, and further research, HR as of 2015 focuses on
strategic initiatives like mergers and acquisitions, talent management,
planning, industrial and labor relations, and diversity and inclusion.
Human Resources is a business field focused on maximizing employee
productivity. Human Resource professionals manage the human capital of an
organization and focus on implementing policies and processes. They can be
specialists focusing on recruiting, training, employee relations or benefits.
Recruiting specialists are in charge of finding and hiring top talent. Training
and development professionals ensure that employees are trained and have
continuous development. This is done through training programs,
performance evaluations and reward programs. Employee relations deals
with concern of employee when policies are broken, such as harassment or
discriminations. Someone in benefits develops compensation structures,
family leave programs, discounts and other benefits that employee can get.
On the other side of field are Human Resource Generalists or Business
Partners. These human resource professionals could work in all areas or be
labor relations representatives working with unionized employees.
In startup companies, trained professionals may perform HR duties. In large
companies, an entire functional group is typically dedicated to the discipline,
with staff specializing in various HR tasks & functional leadership.
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FUNCTIONS OF HRM:
1. Human Resource Planning – In this function of HRM, the number and type
of employee needed to accomplish organizational goals is determined.
Research is an important part of this function, information is collected and
analyzed to identify current and future human resource needs and to forecast
changing values, attitudes and behavior of employees and impact on
organization.
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The Operative functions of HRM are a follows-
2.Job analysis and Design- Job analysis is the process of describing the
nature of a job specifying the human requirements like qualification, skills and
work experience to perform the job. Jon design aims at outlining and
organising the tasks, duties and responsibilities into a single unit of work for
the achievement of certain objectives.
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7. Maintenance – Human resource is considered as assets for an organization.
Employee turnover is not considered good for the organization. Human
resource management always tries to keep their best performing employees with
the organization.
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INTRODUCTION TO THE TOPIC
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What does training and development mean to
the organization?
Training presents a prime opportunity to expand the knowledge base of all
employees, but many employers in the current climate find development
opportunities expensive. Employees attending training sessions also miss out on
work time which may delay the completion of projects. However despite these
potential drawbacks, training and development provides both the individual and
organisations as a whole with benefits that make the cost and time a worthwhile
investment. The return on investment from training and development of
employees is really a no brainer.
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Addressing weaknesses – Most employees will have some weaknesses in their
workplace skills. A training program allows you to strengthen those skills that
each employee needs to improve. A development program brings all
employees to a higher level so they all have similar skills and knowledge. This
helps reduce any weak links within the company who rely heavily on others to
complete basic work tasks. Providing the necessary training creates an overall
knowledgeable staff with employees who can take over for one another as
needed, work on teams or work independently without constant help and
supervision from others.
Reduced employee turnover – staff are more likely to feel valued if they are
invested in and therefore, less likely to change employers. Training and
development is seen as an additional company benefit. Recruitment costs
therefore go down due to staff retention.
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METHODS OF TRAINING AND DEVELOPMENT:
1. Case Study
The case study is a proven method for training and is known to effectively boost
learner motivation. However, when learners lack access to the resources
necessary to completing a case study or if the project become a challenge, their
motivation and learning will be hindered. This method comes with lower costs,
it’s also one of the more popular methods in different disciplines like law,
counselling, and medicine.
2. Games-Based Training
Games have been used for many educational purposes, including training. Using
games for education is affordable, competitive, and motivational, especially in
the digital era, in which many applicants and employees are highly involved
with technology. Game-based training teaches students to compete in
environments like business, sports, or law.
3. Internship
Internships are great for both sides. Employers can benefit from the help of
employees, while employees can benefit from the guidance of and training by
employers. Still, in some cases, this can be high-pressured or inconsistent.
However, in situations and environments where the learners have some base
knowledge and the employers are supportive and understanding, this is an
excellent training method.
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4. Job Rotation
Job rotation can do a lot in terms of employee motivation and commitment. This
method gives people chances to further develop and work toward a promotion
and engenders satisfaction and cooperation. Still, for introverts, this is often a
big challenge because of the fear that they might fail in front of others. Also, it’s
a method that requires a lot of time and room for error.
5. Job Shadowing
Job shadowing serves to generate employees’ engagement and interest. Trainees
get a chance to see their work from another perspective, which is perfect for
those who are being considered for a promotion or a role change.
6. Lecture
Lectures are often dreaded and ridiculed, but they are the most commonly used
training techniques. Yes, there is often a lack of interaction, but with the right
speaker and simple lectures, this can lead to optimal learning.
8. Programmed Instruction
Programmed instruction doesn’t work without self-discipline, so it is most
effective in cases when some straying from the program isn’t detrimental to the
company’s success. Even so, this is an effective and flexible practice.
9. Role-Modeling
This is the counterpart of the lecture training method—one that promotes
practice on lifelike models. It’s often used in cases when employees need some
practice after they see a lecture or a demonstration.
10. Role-Play
With role-playing, trainees can practice what they’ve learned in a personalized
and simulated situation. They can still fail, but with good content and safe role-
playing, there won’t be any serious consequences.
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11. Simulation
Simulation becomes more affordable every day. As such, it’s commonly used
for training that is considered costly or dangerous if performed in a real
environment. This is a safe way to practice what would otherwise be risky.
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CHAPTER 02
COMPANY PROFILE
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SWIFLEARN EDUCATION
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AREA OF BUSINESS:
Swiflearn's founders and core team members are graduates from IIT Bombay
and IIM Ahmedabad having secured top ranks in IIT-JEE, scholars of NTSE
and national Olympiads. They believe that personal attention from teachers
and academic mentors is very essential for maximum learning of each student
and hence they focus all their efforts to ensure every student receives the best
possible personalised learning experience from India's best teachers.
Their team has worked in top tier consulting, education and technology firms in
the past and are equipped with best in industry experiences to provide a sincere
effort for each student's learning using cutting edge technology. They try
harder than anyone else to deliver the best quality learning at least possible
costs.
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PRODUCTS AND SERVICES:
Classes:
The Company provides online live tuition classes to students from class 1st to
class 10th.
Boards of Education:
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TOPIC IN THE COMPANY:
The topic which I chose to study in Swiflearn was Training & Development of
the employees at the organization.
TRAINING
DEVELOPMENT
Management development is all those activities and programme when
recognized and controlled have substantial influence in changing the capacity of
the individual to perform his assignment better and in going so all likely to
increase his potential for future assignments.
Thus, management development is a combination of various training
programme, though some kind of training is necessary, it is the overall
development of the competency of managerial personal in the light of the
present requirement as well as the future requirement. Development an activity
designed to improve the performance of existing managers and to provide for a
planned growth of managers to meet future organizational requirements is
management development.
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TRAINING AND DEVELOPMENT STRATEGIES AT SWIFLEARN:
4. Employee Empowerment-
Employee Empowerment is one of the key factor in employee
development process. At Swiflearn they keep empowering their
employees by giving them timely promotions, appraisals, decision
making power, etc. Through all these the employee gets trained and they
develop professionally.
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CHAPTER 03
AIMS AND OBJECTIVES
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OBJECTIVES OF THE STUDY
PRIMARY OBJECTIVE
SECONDARY OBJECTIVE
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CHAPTER 04
RESEARCH METHODLOGY
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RESEARCH METHODOLGY:
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THE PROCEDURES INVOLVED IN THE CONCEPT OF RESEARCH
METHODOLOGY ARE:
Selection of subject.
Selection of project title.
Selection of time period.
Collection of data.
Reliability of data.
Analysis of data.
Reporting.
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RESEARCH INSTRUMENT:
1. Questionnaire-
Questionnaire refers to a device of securing answer to a finally arranged list of
operations.
Questionnaire design-
Open-ended
Close-ended
Dichotomous questions
Multiple questions
(1) Open-ended questions:
In these questions, the respondent answer in his own words. This type of
question is used rarely because it is difficult to measure the result.
(2) Close-ended questions:
This question is the one in which the respondent is given a limited number of
alternatives from which he has to select the one that most closely matches
his opinion and attitude.
(3) Dichotomous question:
A dichotomous question refers to the one in which the respondent is offered
with a choice between only two alternatives and reduces the issue to its simplest
form.
(4) Multiple questions:
A multiple choice question refers to one which provides several alternative for
its answer. These types of question are asked on demographic section by the
researcher.
The data collected through questionnaire response method analyzed in the
following manner:
Raw data was coded and tabulated.
The tabulated data was covered into percentage to show the percentage
of opinion among respondents.
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RESEARCH DESIGN:
There are three main types of research design: Data collection, measurement,
and analysis.
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TYPES OF RESEARCH DESIGN:
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4. Diagnostic research design- In diagnostic design, the researcher is
looking to evaluate the underlying cause of a specific topic or
phenomenon. This method helps one learn more about the factors that
create troublesome situations.
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METHODOLOGY OF THE STUDY:
Stage - I
Exploratory Study: Since we always lack a clear idea of the problems one will
meet during the study, carrying out an exploratory study is particularly useful.
It helped develop my concepts more clearly, establish priorities and in
improve the final research design. Exploratory study will be carried out by
conducting: Secondary data analysis which included studying the website
(www.swiflearn.com) of the company and also going through the various
articles published in different sources (magazines, books, internet,
newspapers) on Small and Medium Scale Enterprises and Training and
development process. Experience surveys also conduct with Assistant-
Manager Human Resources and the General Manager and Personnel Officer of
Swiflearn to gain knowledge about the nature of Training and development
process followed in the organization.
Stage – II
Descriptive Study: After carrying out initial Exploratory studies to bring
clarity on the subject under study, Descriptive study will be carried out to
know the actual Training and Development method being followed. The
knowledge of actual training and development process is needed to document
the process and suggest improvements in the current system to make it more
effective. The tools used to carry out Descriptive study included both
monitoring and Interrogation.
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THE LITRETURE RELATED TO RESEARCH TOPIC INCLUDES:
RESEARCH UNITS:
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DATA COLLECTION:
PRIMARY DATA:
Primary data are those which are collected for the first time. They
are original in character. They are collected by the researcher for
the first time for his/her own use.
2. Interview Method- Every interview has got its own balance of revaluation
and has withheld information, an interview can be effective informal verbal
and non-verbal conversation initiated for the specific purpose focus on a certain
planned contained areas.
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SECONDARY DATA:
Secondary data are those which have already been collected by
others. When it is not possible to collect the primary data, the
researcher may take help from the secondary data. They are thus
which have already been collected for serving the objectives other
then what the researcher might have in his/her mind.
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SAMPLING:
TYPES OF SAMPLING:
The type of sampling used in the survey were simple random sampling.
In this method, the sampling units have chosen randomly from the total
*/-employees at all the levels in the organization.
SAMPLE SELECTION:
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CHAPTER 05
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1. Your organization has created a professional, attractive
work environment that is functional and promotes
productivity.
0% 8%
20%
72%
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2. Performance is regularly tracked and measured at the
organization.
8%4%
20%
68%
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3. Performance measures are mutually agreed on & discussed by
both the employee & supervisor.
0% 8%
24%
68%
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4. A variety of training & development programs are offered
to improve skills.
0%4%8%
16%
72%
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5. You have the opportunity to grow and prosper with
the organization.
2% 6% 12%
20%
60%
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6. The training provided at your organization helps you
develop professionally.
12% 0% 12%
76%
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7. Your organization identifies the training needs for the
employees.
24% 0% 16%
60%
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8. Performance is appropriately rewarded
with raises, incentives, rewards and
recognition.
12% 0%
88%
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9. You are provided with the materials and equipment that
you need to do your everyday work.
4%0% 12%
24%
60%
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10. The training & development practice have a
consistent, timely and fair method for evaluating
individual performance.
Sales
8% 0% 8%
12%
72%
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FINDINGS:
It was found that 72% of the employee agreed that training &
development practice have a consistent, timely and fair method
for evaluating individual performance.
16% of the employees strongly agreed that the organization feels
the need of employee training and looks after it.
72% of the employees agreed that timely training programmes are
organized at the company for their development whereas 4%
employees disagreed it.
88% of the employees agreed that the performance of the employees
is appropriately rewarded while 12% of the employees were not in the
complete favor and chose to be neutral about it.
It was seen that 12% employees strongly agreed with the opinion
that the training provided at the organization helps them to develop
professionally & 76% of the employees only agreed to it.
Some employees i.e 06% of them disagreed that they have growth
opportunity at the organization while 60% of the employees agreed
with the same.
The basis on which the performance of employee is measured is
mutually agreed & discussed by employee & the supervisor 68%
employees agreed to this fact.
8% employees disagreed to the fact that their performance is
being regularly monitored while 68% employees agreed to it.
72% employees agreed that their workplace have professional,
attractive & healthy work environment and 20% of them were neutral
about this thought.
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CHAPTER 06
CONCLUSION
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CONCLUSION:
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CHAPTER 07
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SUGGESTIONS:
As per the research it is also observed that some of the employees are not
satisfied with the performance monitoring strategies of the company, which
can be revised by the organization by having a discussion with the employees.
Training programs at the organization should keep going as the way they are
so that employees can develop professionally which in turn will also increase
the productivity of the employees and the company as well.
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LIMITATIONS:
In view of the limited time available for the study, only the Training and
Due to the pandemic situation it was not possible to meet the employees
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CHAPTER 08
BIBLIOGRAPHY
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BOOKS:
9.
WEBSITES:
www.wiki.com
www.google.com
www.msn.com
www.swiflearn.com
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CHAPTER 09
ANNEXURE
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APPENDIX 1:
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4. A variety of training & development programs are offered
to improve skills.
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7. Your organization identifies the training need for the
employees.
9. You are provide with the material and equipment that you
need to do your everyday work.
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10. The training & development practice have a
consistent , timely and fair method for evaluating
individual performance