Ericsson is a Swedish multinational networking and telecommunications company headquartered in Stockholm. It is one of the leading Networking and Telecommunication Company in the world. I complete this term paper on HR Department of Ericsson Company. It starts its journey in Bangladesh in 1997. We all know that Human Resource (HR) Department is the key department of any organization. By HR Department we mean that the department or support systems is responsible for personnel sourcing and hiring, applicant tracking, and skills development and tracking, benefits administration and compliance with associated government regulations. As a multinational company Ericsson need to focus more on HR Department. In this term paper I study about HR department function and implication of Ericsson Company. This company follows the traditional method for new recruitment. Their promotion strategy is quite different from others company. The compensation strategy is quite innovative of Ericsson Company. But I found some poor system also to their compensation strategy that should need to overcome and I also give some recommendation to overcome this problems. Job safety is another crucial issue that could not ensure this company. Recently thy lay off around 500 employee among 50 were Bangladeshi.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Statement of Research Problem
- Rationality of my Study
- Objective of my Study
- Methodology of the study
- Limitation of this Study
- Literature Review
- An Overview of the sector/sub sector to which the theme of the report Relates
- Human Resource (HR) Department
- New Recruitment
- Job Safety
- Employee Relations
- Compensation and Benefits
- Labor Law Compliance
- Training and Development and Performance Appraisal
- Profile of the Company (Ericsson)
- Discussion on various aspects of the research Problem
- Human Resource Planning of Ericsson
- Recruitment and selection
- Recruitment and Selection Procedures of Ericsson
- Compensation Strategy of Ericsson
- Human Relation of Ericsson
- Legal Considerations of Ericsson
- Human resource policies of Ericsson
- Major Findings
- Recommendation and Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This term paper aims to examine the human resource (HR) department's functions and implications within Ericsson, a multinational telecommunications company. The study investigates Ericsson's HR practices, focusing on recruitment, compensation strategies, employee relations, and legal considerations. The paper also explores the strategic role of the HR department in contributing to the overall success of the organization.
- The role and strategic importance of the HR department in a multinational corporation.
- Recruitment and selection processes within Ericsson, including a comparison to industry standards.
- Compensation strategies and their effectiveness in motivating and retaining employees at Ericsson.
- Employee relations and legal considerations related to HR practices in Ericsson's operations.
- Analysis of the impact of HR policies on organizational performance.
Zusammenfassung der Kapitel (Chapter Summaries)
Introduction: This introductory chapter sets the stage for the term paper by defining human resource management (HRM), outlining the research problem focusing on Ericsson's HR department, and establishing the rationale and objectives of the study. It highlights the importance of understanding HRM practices within a multinational company like Ericsson, emphasizing the significance of HR's role in organizational success. The chapter also briefly touches upon the methodology and limitations of the research.
Literature Review: This section provides a broad overview of the telecommunications sector and focuses specifically on the role and functions of an HR department within such a context. It lays the groundwork for the subsequent analysis of Ericsson's HR practices by presenting relevant existing knowledge and research on topics such as recruitment, compensation, employee relations, and legal compliance. The review likely examines various models and best practices in HRM, providing a comparative framework for the evaluation of Ericsson's approach.
Profile of the Company (Ericsson): This chapter presents a concise overview of Ericsson, its operations, and its presence in Bangladesh. It sets the context for the following analysis by providing essential background information on the company's history, size, and organizational structure, allowing the reader to understand the specific organizational environment within which Ericsson's HR practices are implemented. This foundational information is crucial for interpreting the findings and recommendations of the study.
Discussion on various aspects of the research Problem: This chapter delves into a detailed analysis of Ericsson’s HR practices across various aspects, including human resource planning, recruitment and selection procedures, compensation strategies, employee relations, legal considerations, and HR policies. It analyzes the effectiveness of these practices, comparing and contrasting them against common industry practices and potentially highlighting areas for improvement. The discussion likely integrates theoretical concepts and empirical evidence to support the analysis.
Major Findings: This chapter presents the key findings of the research conducted on Ericsson's HR department. This would likely include data-driven observations and insights regarding the effectiveness of Ericsson's HR practices in areas like recruitment, compensation, and employee relations. This section synthesizes the results of the analysis and lays the groundwork for the subsequent chapter on recommendations.
Schlüsselwörter (Keywords)
Human Resource Management (HRM), Ericsson, multinational corporation, recruitment, selection, compensation strategy, employee relations, legal compliance, performance appraisal, training and development, strategic HR, organizational performance.
Frequently Asked Questions: Comprehensive Language Preview of Ericsson's Human Resource Department
What is the overall purpose of this document?
This document provides a comprehensive preview of a term paper examining the functions and implications of the human resource (HR) department within Ericsson, a multinational telecommunications company. It includes a table of contents, objectives and key themes, chapter summaries, and keywords.
What topics are covered in the term paper?
The term paper investigates Ericsson's HR practices, focusing on recruitment, compensation strategies, employee relations, and legal considerations. It also explores the strategic role of the HR department in contributing to the organization's overall success.
What are the key themes explored in the research?
Key themes include: the strategic importance of the HR department in a multinational corporation; recruitment and selection processes; compensation strategies and their effectiveness; employee relations and legal considerations; and the impact of HR policies on organizational performance.
What is the structure of the term paper?
The paper is structured into chapters covering an introduction, literature review, company profile (Ericsson), a discussion of various aspects of the research problem, major findings, and concluding recommendations. The introduction defines HRM, outlines the research problem, and states the objectives and methodology. The literature review provides background on the telecommunications sector and HR functions. The company profile gives an overview of Ericsson. The discussion chapter analyzes Ericsson's HR practices. The findings chapter presents the research results, and the conclusion summarizes the findings and offers recommendations.
What specific HR practices are analyzed in the study?
The study analyzes Ericsson's HR practices in detail, including human resource planning, recruitment and selection procedures, compensation strategies, employee relations, legal considerations, and HR policies. The analysis compares these practices to industry standards and identifies potential areas for improvement.
What is the methodology of the study?
The methodology is briefly mentioned in the introduction but not detailed in this preview. The preview suggests the study likely involves analysis of existing data and potentially comparisons to common industry practices and theoretical concepts.
What are the limitations of the study?
The limitations of the study are mentioned in the introduction but are not detailed in this preview.
What are the key findings of the research?
The key findings are summarized in a dedicated chapter but are not explicitly stated in this preview. This section would likely include data-driven observations and insights regarding the effectiveness of Ericsson's HR practices.
What are the key recommendations of the study?
The recommendations are presented in the conclusion chapter but are not detailed in this preview. They would likely be based on the major findings and aim to suggest improvements to Ericsson's HR practices.
What keywords are associated with this research?
Keywords include: Human Resource Management (HRM), Ericsson, multinational corporation, recruitment, selection, compensation strategy, employee relations, legal compliance, performance appraisal, training and development, strategic HR, organizational performance.
- Arbeit zitieren
- Chanchal Mahmud (Autor:in), 2018, Human Resources (HR) Department of Ericsson Company, München, GRIN Verlag, https://www.grin.com/document/432231
