👆HUMAN RESOURCE MANAGEMENT BOOK.
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relevant for paper 2 of Commerce Optional UPSC.

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Human Resource Principles are a fundamental truth established by research, investigation, and analysis. The following can also be considered as the principles of Human Resource Management:
1. Principle of Individual Development – To offer an equal opportunity to every employee so as to realize his/her potential and capability.
2. Principle of the Scientific Selection – To place the right individual in the right job.
3. Principle of the Free Flow of Communication- To open & encourage upward, downward, formal as well as informal communication.
4. Principle of the Participation – To associate with employees at each and every level of decision making.
5. Principle of a Fair Remuneration- To pay fair and equitable wages & salaries to talented employees.
6. Principle of an Incentive – To review the performances of the employees and rewarding them accordingly.
7. Principle of the Dignity of Labor – To treat each and every employee with respect and dignity.
8. Principle of Labor-Management co-operation – To promote industrial relations and labor laws.
9. Principle of Team Spirit – To ensure co-operation & teamwork amongst the employees.
10. Principle of Contribution to National Prosperity – To provide a higher work purpose to all the employees and to contribute to the national prosperity and integrity.

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Industrial Relations Code Bill, 2020

In this, the government has proposed to introduce more conditions restricting the rights of workers to strike, alongside an increase in the threshold relating to layoffs and retrenchment.

The Code has raised the threshold for the requirement of a standing order rules of conduct for workmen employed in industrial establishments to over 300 workers.

This implies industrial establishments with up to 300 workers will not be required to furnish a standing order, a move which experts say would enable companies to introduce arbitrary service conditions for workers.
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These steps are likely to provide more flexibility to employers for hiring and firing workers without government permission.

(2) Social Security Code

It proposes a National Social Security Board which shall recommend to the central government for formulating suitable schemes for different sections of unorganised workers, gig workers and platform workers.

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Also, aggregators employing gig workers will have to contribute 1-2 per cent of their annual turnover for social security, with the total contribution not exceeding 5 per.

👆topic industrial relations of paper 2

👆Batch No 16 final Batch of Commerce optionaL Guidance Cum Test Series

Topics to be Covered
22/09/2020 HRM
Human Resources Management (HRM)
 Meaning, Nature and Scope of HRM
 Human Resource Planning
 Job Analysis
 Job Description
 Job Specification
 Recruitment Process
 Selection Process
 Orientational and Placement
 Training and Development Process
 Performance Appraisal and 360° Feed Back
 Salary and Wage Administration
 Job Evaluation
 Employee Welfare
 Promotions, Transfers and Separations

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Human Resource Planning
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Human resource planning is a process that identifies current and future human resources needs for an organization to achieve its goals. Human resource planning should serve as a link between human resource management and the overall strategic plan of an organization. Ageing workers population in most western countries and growing demands for qualified workers in developing economies have underscored the importance of effective human resource planning.

👆Human Resource Planning
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👆relevant for Industrial relations topic of Paper 2 of UPSC Commerce Optional
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