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Evaluating human resources is the process through which the performance of an employee in regard to their job role is measured. This process involves providing feedback and documentation to the employee about their job performance over a period of time which leads to a proper and clear communication regarding the job expectations and the overall goals of the organization.
The HR function can be evaluated by following the given steps:
Step 1 – evaluate the scope of HR in your organization
Step 2 – gather data
Step 3 – the HR basics should be separated from the strategic needs of the organization
Step 4 – select or evaluate the team
Step 5 – enumerate the expectations that are expected from the HR
Step 6 – measure performance against expectations
Step 7 – make the necessary changes
The human resource function is evaluated to help an organization adjust its human resources in order to reap the maximum benefit in terms of its profit, quality of products as well as market share. It also affirms to the organization that the employees that are hired for the organization suit the requirements that are needed by evaluating their job performance.
The most effective approach for evaluation of HR is the 360-degree feedback approach. This approach receives the feedback of an employee by not just their senior but everyone who are affiliated with that employee. This way, a 360-degree performance analysis can be carried out for all the employees.
HR planning can be evaluated by looking at the following activities:
Recruitment policies
Hiring processes
The extent of HR’s inclusion in the strategic plan of the organization
Effective of the HR leaders in terms of strengthening the relationship between the employer and the employee
The different methods used for human resource valuations are:
Historical cost method
Replacement cost method
Economic value method
Standard cost method
Present value method
Current purchase power method
Opportunity cost method
Evaluation of human resource is an intricate study that cannot be done without a proper understanding of both human resources as well as human resource management. The study of human resource and its management is a course of study that needs to be completed to gain this understanding.
While studying this course, students have to complete their assignments and score well in them to get a high grade at the term-end examination.
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Evaluation process Set goals, monitor goals, provide feedback, and record feedback and progress during the evaluation period. Review the status details. Self-evaluation of the employee. Please provide rating.
It helps the firm adjust its human resources accordingly to increase its profits, market share and quality of products. Finally, assessment helps the firm ensure that its employees' skills meet the organisation's needs.
The Kirkpatrick Model. The CIRO Model. The Phillips ROI Model. The Brinkerhoff model. Kaufman's Model of Learning Evaluation. Anderson Model of Learning Evaluation.