HUMAN RESOURCES MANAGEMENT Essay Example | Topics and Well Written Essays - 2000 words

HUMAN RESOURCES MANAGEMENT - Essay Example There can be three different time horizons according to Jackson and Schuler (1990) for which human resource planning can take place – short-term (up to one year), intermediate term (one to three years) and long-term (more than three years). Since it is a growing trend by UK based companies to employ Indian executives for their overseas branches, the planning suggested here is on a long-term basis. Typically there are four phases of human resource planning – collection of data which helps to forecast the human resource demand, the human resource objectives have then to be established, then comes the designing and implementation phase where the organization achieves the human resource objectives (which means staffing, appraising, compensating and training) and finally these programs will have to be monitored and evaluated (Appendix A). For such planning an assessment of the macro environment is necessary both in India and the UK. In addition, the skill requirement has to be assessed as technological change is an ongoing process (MDR, 1997). The specific skill requirement, the unskilled and semi-skill have to be assessed in addition to the qualification of the present employees. The local employment market and the competition has to be assessed which would help in deciding at what stages it would be possible to get skilled people. The micro environment of the industry will give information about employee turnover, the prevalent salary, other terms of employment including promotions and transfers. In today’s world compensation packages do not matter and what matters is to have a talent powered organization consisting of highly motivated, skilled and loyal employees (Gordon, 2002). The recruitment activity requires making employment oppurtunities known to qualified individuals in a manner that proper job specifications are communicated. The required employee qualifications also need to be

ServerVault Case Study Example | Topics and Well Written Essays - 250 words

ServerVault - Case Study Example The contribution margin shall be the total revenue minus the overhead costs per unit. The overhead costs are $50,000. The break even point is thus the total overhead costs divided by the contribution margin. This equals $(50,000/1.300=38). The break even point is thus 38 servers. This number is important given that it determines the number of units that should be sold to earn a profit. In this case, it is 39 units or more. The key drivers behind cash generation on consumption for ServerVault are the security features it offers and it reliability. While the security feature is seven-layered and has thus met the U.S. Department of Defense security standards, the reliability feature results from its use of multiple internet access points. The revenue from the facility is $1,300 as a result of the two drivers. The cash consumption from the premises and the facilities installed is due to the fact that ServerVault has not reached its breakeven point. Beyond this point, the business would be profitable. With the total number of the servers (Dec-02) at 14,137,000 from a mere 3 in January of 2000, the business is promising. The cash position keeps improving too. From a difference of less than $20,000 in January 2000, the cash position improved to a difference of more than $1.5m in May of the same year. To this end, ServerVault should concentrate on reducing debt while increasing its returns to hit the breakeven point soon enough. This will win the confidence of investors and thus allow for injection of more capital for its