INTRODUCTION
HRM is the most important department of any company or organization. Without human resource management an organization cannot build a good team of working professionals.
The human resource department performs multiple tasks such as hiring the potential staff, give them training according to their expertise, motivate employees, and maintain the workspace environment and safety. In this type of environment it also very necessary to maintain the equal pay between the men’s and women’s. Weather it is an airline job or any other job in any company women deserves equal pay. This research paper emphasize on the pay equity as in various researches in US it shows huge gender pay gap.
Airports now days are most important part of the air transport system. They provide the entire infrastructure needed to enable passengers and freight to transfer from surface transportation to air transportation and allow airlines to take off and land. Airports also offer a huge variety of commercial facilities such as shops and restaurants
The sweeping changes which have occurred within the airline industry have meant that airlines, more than ever before, are trying to control their costs in order to improve their financial position in an ever increasing competitive and deregulated environment. At the same time, carriers have been facing unprecedented increases in the price of fuel over which they have had very little control. All this is having an impact on the aeronautical policies of
resource management, HRM) is a major part of every manager’s job. It is also the specialized
The modern day airline industry is a highly complex and dynamic industry, characterized by numerous elements. For instance, the airline industry is now, unlike its inception period, populated by privately owned companies, rather than state owned enterprises. Then, the airline sector is marked by high levels of financial resource consumption, employment concerns or pollution complaints.
Human Resource Management (HR). This is the management of a business’s workforce or people. It is responsible for several things including the selection, training and assessment of employees, making sure that employment and labour laws are complied with and ensuring the leadership of the company overseen properly. In smaller companies the HR department may just be a few trained staff, but in larger organizations there will be a whole department focussed on HR.
The airline industry is one that is both costly and necessary to the economy. Costly because of the funding provided by the government, recent layoffs; which has a hand in rising inflation, dealing with negative externalities and high security risks; necessary because the ease and speed of air travel is needed to keep countries productive and competitive. It is a key component to the economy. Many businesses rely on air transportation as well as consumers and individuals employed within the
Airport plays a key role of air transport; it has a big impact on development of economics in a country. Freight passengers and cargo to any part of the world and it allows aircraft to land and take off. An airport has to have a proper infrastructure, which consists of runaways, taxiways, apron, terminal for arrival and departure of passengers, terminal for freight and ground interchange. It should have a wide range of facilities; lounge for passengers, shops and a food court. For safety and security it has to have an air traffic control to monitor all the incoming and outgoing flights to take off and land, security personnel requires for baggage checks, individual screening using metal detectors, and
The airline industry is governed by a rapidly evolving framework of economic regulation by which many factors, significantly continued liberalisation and open skies, have caused much turbulence and uncertainty in this increasingly low margin market.
In response to the adverse financial results the airline industry has experienced, most airlines have taken actions in an effort to reduce losses, such as reducing capacity, reducing employee headcount, limiting service offerings, renegotiating labor contracts and reconfiguring flight schedules, as well as other efficiency and cost-cutting measures. Despite these actions, financial losses in the airline industry have continued through 2005 and it is foreseeable that further airline reorganizations, bankruptcies or consolidations may occur, which could serve to reduce our cost advantage. We cannot assure you that the occurrence of these events or potential changes resulting from these events will not harm our business or the airline industry generally. Major airlines are reducing their cost structures through various methods, these changes could reduce our cost advantage. The airline industry has incurred significant losses resulting in airline restructurings and bankruptcies, which could result in changes in our industry. As a result of slower general economic conditions, the continuing impact of the 2001 terrorist attacks, the high price of fuel and military action in Iraq, the airline industry has experienced a decline in demand which has resulted in record financial losses.
The Human Resources Management (HRM) area of business focuses on utilizing people as business resources. The HRM is
According to Johnason, P. in 2009, human resource management (HRM, or simply HR) is a functional department in organizations designed to capitalize on employee performance in service of an employer's strategic objectives. HR is mainly related to the management of people within organizations, focusing on policies and systems. HR departments and units in organizations in general, undertake a number of activities such as employee recruitment, training and development, performance appraisal, and rewarding in term of benefits and salary increment. HR is also concerned with industrial relations, that is, the balancing of organizational practices arising from collective bargaining and from governmental laws.
HR department is responsible for many of the attributions of an organization. HRM is a strategic part in the organizational achievement of the company. HR department major daily tasks are planning and alignment, staffing, preparing compensation offers and to shape, outline and define the culture of the organization. HRM process which purpose is to attract, retain, and motive is made up of eight main practices which include HR planning, job analysis and design, recruitment, selection, performance appraisal, training and development, compensation, and benefits.
The aim of this report is to provide information based on the airline industry which will show a breakdown of our knowledge by showing an understanding of the External factors that influence the airline industry.
HRM is a key issue to be inclined by regulatory framework; an important influence the HR department when company embarks on an international operation for business performances. HRM has been defined to be a function that helps organisations to achieve their goals hiring and obtaining performing workers ((Philpott, 2010).
Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will also serve as the company's primary liaison with the employees' representatives (usually a labor union).
According to (Armstrong & Taylor, 2017) HRM can be explained as a strategic, unified and comprehensible passage to the hiring, developing and comfort of employees in organisations. Thus, HRM essentially focuses on corresponding Human Resources (HR) with fundamental and functional requirements of the company to
HRM is an organization that undergoes the process of managing people in a structure and manner. It is also a process of making the efficient and effective use of human resource so that the goals are achieve. Superior human resources are an important source of competitive advantage. And any factors that allow an organization to characterize its product or service from competitors to increase the market share are called competitive advantage. Competitive advantages can best be achieved by seeking improvement in the managing people, through better utilization of HRM. And also by translating strategy into HR policy and practice to produce the employee competencies and behavior that the company requires.