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H R M .
Human Resource Management (HRM), a relatively new term, that emerged during the 1930s. Many people used to refer it before by its traditional titles, such as Personnel Administration or Personnel Management. But now, the trend is changing. It is now termed as Human Resource Management (HRM). Human Resource Management is a management function that helps an organization select, recruit, train and develops.
Training should be
Relevant Of value Confident of being successful (Win Win situation) Long lasting effect Trainee involvement Interesting Cater accordance to individual differences
BPO is Business Process Outsourcing. It is an agreement between two parties for specific business task.
BPO that is contracted within a companys country is called onshore outsourcing. BPO that is contracted outside a company's country is called offshore outsourcing. BPO that is contracted to a company's neighbouring (or nearby) country is called nearshore outsourcing.
Putting an end to the negative trends in HR in IT and BPO sector, there is also rise in recruitment of employees in these companies which is calculated to be 3, 11,167 as a whole.
52
(US$ bn)
40
32
20
11
0
FY2008
14
FY2009
21
FY2010
FY2011
FY2012
1.1
Yr 2008 Yr 2015
High attrition rate in this sector reason being unsatisfied employee, monotonous work, neglected talent, inadequate know-how, etc. Coming up of high profile BPOs.
References
Mehta, Upadhyah, Gupta, Training & Development, RBD Professional Publications, Revised Edition, 2011 www.google.com http://www.citehr.com/112904-14-excellent-articles-training-development.html http://traininganddevelopment.naukrihub.com/ http://www.managementparadise.com/ http://www.bpoindia.org/research/dataquest-report-high-revenue-in-the-indianbpo-sector-20110822.html http://www.slideshare.net/avinash.raghava/indian-itbpo-industryfy2011performance-future-trends-by-nasscom