Best notes for TS-7 Human Resource Development | 2024

In this article all the essential aspects of TS-7 ( Human Resource Development)  are covered in each unit, so especially when you’re preparing for the exam or even for the assignment going through this article, will be beneficial. So stay tuned to this article to learn about the TS-7.

TS-7 Human Resource Development

Discuss the various objectives of human resource planning.

  • Human Resource Planning helps in managing the personnel needs of an organization.
  • Meeting organizational and strategic goals of the organization.
  • It helps in avoiding overstaffing and ensures an optimal level of productivity.
  • Recruitment and training of employees helps in attracting a skilled and motivated workforce.
  • HRP enables organizations to adapt to changes in the business environment and ensures the smooth running of the organization.
  • HRP’s key objective is to identify and develop potential leaders.
  • It aims to control labor costs and enhance employee satisfaction.

Why do we need improvement in HRD standards?

  • It leads to better training and development among the employees.
  • Adaptation to technological changes and enabling employees to remain proficient in their roles.
  • Strong HRD provides opportunities for growth and development for employees.
  • Improving HRD standards also helps in cultivating a globally competitive and adaptable workforce.
  • Helps in compliance and risk mitigation.

Why is that information called the very stuff of planning?

Information is called the very stuff of planning as helps in deciding what to do, gives detailed knowledge, gets to know what’s happening, and also helps in learning and communicating. You can take the example that cooking is incomplete without knowing the recipe likewise information is also incomplete without stuff planning. And before planning you should have the right information then you will be able to plan well.

What is HRA?

Human Resource Audit involves an examination of an organization’s HR policies, practices, legal compliance, and organizations objectives. It aims to meet regulatory requirements and contribute to the achievement of organizational goals. The HRA covers areas such as recruitment, employee relations, training, development, and HR management practices.

What are the essential steps in HRA?

  • Briefing and orientation and establishing objectives
  • Collecting and Gathering Information
  • Ensuring HR practices and checking legal compliance
  • Assessing HR structure and Evaluating organizational structure
  • Evaluating Training and Development Programs and reviewing performance management.
  • Identifies potential HR Risks and provides feedback to the HR department.

What is Human Resource Accounting?

Human Resource Accounting is a method of quantifying the cost, reporting a company’s human resources, and valuing the human resource accounting in an organization. HRA performs various tasks such as identification of human assets, assigning costs to human resources, evaluating human resources, recording and reporting, and helping organizations make informed decisions.

What is the cost?

Cost simply means how much money is spent on something. It is the amount that you pay for the resources you need. Cost is spent when you buy some products or you take any services.

What is job evaluation?

Job evaluation means giving a grade to figure out how important it is to the company. It helps in deciding the company that how much to pay employees for different job positions. It aims to structure an organization and support fair treatment of employees based on their job positions.

What is job analysis?

Job analysis is the process of assembling, gathering, recording, and understanding information about a particular job. It aims to provide detailed information, accurate description, job role, required skills, and working conditions. It performs various tasks such as recruiting and selecting, performance appraisal, training and development, and job designing.

How would you gather job information?

  • Newspaper and magazine
  • Online job portals
  • Websites
  • Instagram and Facebook
  • Youtube and blogging
  • Email and voicemail mail
  • Word of mouth
  • Recruitment agencies and company research
  • Networking and educational institutions
  • Fairs and festivals

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FAQs

What are the benefits of HRD?

The benefits of HRD include Skill Development, contribute to increased productivity, Innovation, and Creativity and Succession Planning.

What are the three functions of HRD?

Three functions of HRD includes training and development, Organization development and Career development.

Who is the father of HR?

The father of HR is George Elton Mayo.

Which day is HR Day?

HR Day is on 20 May.

Conclusion

Ts-7 is all about Human Resource Development. This post covers topics like Discussing the various objectives of human resource planning, Why do we need improvement in HRD standards, Why is that information called the very stuff of planning, What is HRA, What are the essential steps in HRA, What is Human Resource Accounting, cost, job evaluation, job analysis, How would you gather job information, etc. Here you will find the all important aspects of TS-7 for exam preparation and assignment.