Human Resources Management (HRM)/Strategic Plan
This is a strategic plan for the 1st quarter:
Avail Budget –
1-Selection – 60,000$
2-Performance Appraisals – 75,000$
3-Work-Life Balance – 70,000$
4-Training – 75,000$
5-Talent Management – 60,000$
6-Compensation – 55,000$
– Which particular choices will you make in each area?
– Do they allow you to meet your budget goals while also maximizing your KPIs & BRs?
– Why you think that particular initiative is a good use of your money?
– In few sentences explain why the initiative in general is so important.
Write the answers for all the 4 questions for each practice individually.