Need an argumentative essay on Individual assignment for Human resources managment. Needs to be 9 pages. Please no plagiarism.Download file to see previous pages... Human resource management of IBM ha

Need an argumentative essay on Individual assignment for Human resources managment. Needs to be 9 pages. Please no plagiarism.

Human resource management of IBM has also improved from time to time and now there are great changes that are taking place in order to align the HR management of IBM with the organizational goals. In this paper we will review how IBM manages the Human resource management within the organization in order to achieve the strategic goals and what does the future holds for IBM in the perspective of the current performance 2. There were great reforms in the human resource management sector of IBM in 1993 when Louis Gerstner, one of the most able senior managers of IBM introduced new corporate culture in the workplaces of IBM and managed to get the converged new talent inside the company. IBM started to expand with a swift speed because at that time the world of computing was taking new turns and IBM was foreseeing the new roles in the computing world. It is also very important to note that in order to competitive advantage, IBM management tried to hire the best talent and professional around the world3. HRM in the perspective of Salary and monetary policies IBM has the strategic goals in terms of increasing the revenues and they are making changes in the human resource and staffing with respect to this goal for example IBM has a strategic goal that they should increase the revenue 5% per year and they should acquire a 10% increase in the earning per share. In order to achieve this strategic goal, IBM is providing increased salaries to their employees but there are different standards if the internal salary packages are discussed. IBM's salary system is double standard. There are two standards of the IBM salary packages. First is external standard and the other is internal salary standard. According to external standard, the salary of the employees should not be less than the top 10 companies of the world because there is a need to attract the talent from the society and human resource management strategy needs to be devised in such a way that the workers working in the environment does not feel over worked. IBM’s main focus is to provide the maximum allowances to its employees so that they can maintain a competitive advantage over other leading software and hardware developing companies. The external salary packages are increase from time to time with the periodic increments so that the employees can feel attracted and can experience the job satisfaction. The internal salary criteria are identified with the skill level and domain of working in the organization. They are not always set to be high because there are always different classes of employment within different working environments. There are highest job packages and lowest job packages in the internal salary criteria and Human Resource Management Department of IBM has classified a five level hierarchy in the internal salary system that makes this a fair and just allowance policy. In order to meet the strategic goals of 5% revenue, the increased talent is attracted with the good salary packages and similarly a total policy of refinement is working because of the internal salary packages that deplete the chances of over consumption.