Human resource management plays an important role in retail organizations. HRM in retail involves identifying roles, recruiting the right employees, training staff, motivating workers, and evaluating performance. Training is provided to sales staff on communication skills, product knowledge, company policies, and more. The organization's culture, rewards programs, compensation, and opportunities for growth motivate employees. Legal compliance is also important, as retail HR must ensure adherence to laws on bonuses, gratuity, wages, unions, and more.
Human resource management plays an important role in retail organizations. HRM in retail involves identifying roles, recruiting the right employees, training staff, motivating workers, and evaluating performance. Training is provided to sales staff on communication skills, product knowledge, company policies, and more. The organization's culture, rewards programs, compensation, and opportunities for growth motivate employees. Legal compliance is also important, as retail HR must ensure adherence to laws on bonuses, gratuity, wages, unions, and more.
Human resource management plays an important role in retail organizations. HRM in retail involves identifying roles, recruiting the right employees, training staff, motivating workers, and evaluating performance. Training is provided to sales staff on communication skills, product knowledge, company policies, and more. The organization's culture, rewards programs, compensation, and opportunities for growth motivate employees. Legal compliance is also important, as retail HR must ensure adherence to laws on bonuses, gratuity, wages, unions, and more.
Human resource management plays an important role in retail organizations. HRM in retail involves identifying roles, recruiting the right employees, training staff, motivating workers, and evaluating performance. Training is provided to sales staff on communication skills, product knowledge, company policies, and more. The organization's culture, rewards programs, compensation, and opportunities for growth motivate employees. Legal compliance is also important, as retail HR must ensure adherence to laws on bonuses, gratuity, wages, unions, and more.
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Retail Organization and HRM
Significance Of Human Resource Management
The personnel perspective The firm hires people, but the focus is not on development The compensation perspective Firm uses bonus, incentives etc to reward performance The alignment perspective Firm does see the human capital as an asset but does not invest in utilizing the capabilities of the same The high performance perspective Firm views human resource as an integral element of the firms strategy implementation.
Conceptual Overview Of HRM In Retail HRM in Retail Involves: Identifying various roles in the organization Recruiting the persons with the right attitude to fit the jobs Training Motivation of employees Evaluation of employee performance 1. Identifying The Various Roles In The Organization Buying and merchandising Store management and operation, and Technology support 2.Recruitment And Selection Newspaper advertisements Visits to colleges Existing employees References Recruitment agencies Websites Screening of Resume Personal interview
3. Training Introducing new persons/ staff into the organization Training of sales staff Training of staff/personnel for skill enhancements
Training Of Sales Staff Communication skills Product knowledge Company policies on returns and exchanges Knowledge of the workplace Market awareness Personal grooming 4. Motivation The organization culture The rewards and recognition The monetary benefits Prospects for growth and job enrichment 5. Evaluation Of Performance Through goals that have been set Role Played By HR In A Retail Organization The HR Pyramid Creating Organizational Structures Organizational Structure in Retail Factors affecting creation of organizational structures, are: Scope and scale of operation, viz local, regional, national or international Types of products sold Type of departmentalization, i.e. functional, product wise or geographic
Organization Structure For Small Stores/ Single Stores/ Independent Retailers Organization Structure Of A Retail Chain/Department Store
Functions as per Mazur Plan Control Publicity Operations Merchandising The Mazur Plan for Department Stores Legal Compliances: An HR Perspective Payment of Bonus Act Payment of Gratuity Act, 1972 Employees Provident Fund Act The Employees State Insurance Act The Minimum Wages Act, 1948 The Trade Union Act, 1928 The Delayed Payment Act, 1993 The Payment of Wages Act, 1936 The Employment of Woman The Contract Labour (Regulation & Abolition) Act, 1970 The Inter-state Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979 The Factories Act The Maternity Benefit Act Equal Remuneration Act, 1976 Employees State Insurance (General) Regulation Workmens Compensation Act