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 Emerging trends in HRMThe management has to recognize the important role of Human Resource Department in order to successfully steer organizations towards profitability. It is necessary for the management to invest considerable time and amount, to learn the changing scenario of the HR department in the 21st century. In order to survive the competition and be in the race, HR department should consciously update itself with the transformation in HR and be aware of the HR issues cropping up. With high attrition rates, p SUPPLY CHAIN MANAGEMENTGlobal industrial growth in the last 5-7 years has triggered a general uptrend across all sectors. One of the sectors that has benefited tremendously and seen exponential growth is the Logistics Industry. The Logistics Service Providers in India have grown and continue to grow at an extremely fast pace. Personnel managementPersonnel management is concerned with the effective use of the skills of people. They may be salespeople in a store, clerks in an office, operators in a factory, or technicians in a research laboratory. In a business, personnel management starts with the recruiting and hiring of qualified people and continues with directing and encouraging their growth as they encounter problems and tensions that arise in working toward established goals. Women Empowerment ProgramsThe empowerment of women is one of the central issues in the process of development of countries all over the world. Tamil Nadu has a glorious tradition of recognizing the importance of empowering women over several centuries. Self reliance as well as speeding women's freedom of selection by themselves. EMPLOYEE WELFAREEmployee welfare defines as “efforts to make life worth living for workmen”. These efforts have their origin either in some statute formed by the state or in some local custom or in collective agreement or in the employer’s own initiative. FUTURE OF DERIVATIVES IN INDIAThe word 'derivative' originates from mathematics and refers to a variable, which has been derived from another variable. Derivatives are so called because they have no value of their own. They derive their value from the value of some other asset, which is known as the underlying. Job AnalysisThe first step in developing a wage structure based on jobs is to collect information on jobs. This is the function of job analysis. The end product of this collection and analysis is a job description. This document becomes important not only for developing a wage structure, but for almost all Human Resource functions. Employee RetentionEmployee retention refers to policies and practices companies use to prevent valuable employees from leaving their jobs. How to retain valuable employees is one of the biggest problem that plague companies in the competitive marketplace. Not too long ago, companies accepted the “revolving door policy” as part of doing business and were quick to fill a vacant job with another eager candidate. Recruitment Management SystemThe recruitment management system is designed to integrate various HR activities such as payroll and recruitment administration functions into a shared service concept. Using the system, our managers are able to shortlist the candidate’s online, conduct job interviews and ensure that priority candidates who match to job rolled. Empolyee saftey and healththe safety and health of employees will be increased substantially. To make health and safety policy effective organization needs to get its employees involved and committed in implementing safety and health policies.
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