Basics of Human Resource Management

    This blogpost I am focusing on different cases that are considering the American bank Wells Fargo. A few years back there was a lot of news about how their company's structure very extremely out of control. According to this article the bank was demanding way too high sales expectations from their staff and even ask staff to open several accounts for their customer to get profit out of it (CNN News,2016.) If I would be a customer of that bank and have heard this kind of activity, I would switch my banking in somewhere else. There were plenty of articles regarding this same activity saying that Wells Fargo collected millions of fees from their customers with the accounts that they opened. They also got a big fine from this and because of all that happened they also fired 5000 employees. (BBC News,2016.)   Let’s dive little bit more into this from employee’s perspective. As pointed out in the articles employees were feeling enormous pressure from their employer and as t...

    This blogpost I am focusing on what is HR strategy and which components are involved there.  Companies need to consider and invest their HR strategy enough so that it will work and give good impression for the applicants so that they feel like it would be nice to be part of that organization. Challenges which HR department and managers are facing fall into three different categories: environmental, organizational and individual challenges. Environmental challenges mean rapid changes like workforce diversity, globalization, skill shortages and usage of Internet. Organizational challenges in the other hand mean how companies manage rise of outsourcing, technology development and restructuring in their company. Individual challenges centralize how well employees will fit to organization’s needs, how well individuals meet companies’ productivity requirements as well as how companies deal with issues of job insecurities (Mejia Gomez, 2016.)   That’s why it is crucial ...

  This blogpost I am going to focus on how companies deal with exit management and what employee separation actually means. There are always coming times when economy faces challenges and society have to adjust with it and usually at the beginning this is a shock for everyone. People are losing their jobs and when times are difficult it might be hard to find replacement. Companies and organizations try to find equal way how to treat their workers in times like this and it always involves many negotiations.    Employee separation happens when the employee leave from the company either voluntarily or involuntarily. It includes both costs and benefits. Costs are quite straight forward like, recruitment costs, training costs and costs from selection phase. Benefits on the other hand are reduced labor costs, replacement of not motivated employees and opportunity for greater diversity. Employee who leaves voluntarily are usually people who want to switch their career path and t...

    This blogpost I am going to focus on employee’s overall wellbeing in the organization. There are two different laws concerning employee’s safety: an employer-funded insurance system which operates at the state level plus law that mandates safety standards in the workplace (OSHA). This second one for example keep records of illnesses and injuries that happens in the workplace. Most of the companies follow some safety program in the organization which allows employers to see how many injuries have happened for example in one year (Mejia Gomez, 2016.)   OSHA (Occupational Safety and Administration) states in their website that workers have right to decline from work duties if all the statements that they have told are met in the organization and regarding the job that employee is doing. They have a very good guide in the website what to do if this situation occurs (U.S Department of Labour)     As a subject this is very important for all the employees to rememb...