Monday, May 18, 2020

Human Resource Management And Pakistan - 869 Words

Name: Maria Zohaib Roll no.: 14E00040 MBA for professionals, Sec. B Submitted to: Professor Fareedy HUMAN RESOURCE MANAGEMENT IN PAKISTAN 1) Since 1990’s, after the deregulation in public sector and in a climate where privatization was being fostered, the HRM practices in Pakistan can be analyzed within three broad categories; firstly national factors, business environment conditions and institutions. 2) In 1999, out of 15 large multinationals in Pakistan, only 3 were focusing on the HRM practices, whereas the major incentives was linking salaries to performance. But despite the efforts due to lack of communication and centralized structure the value or HRM isn’t attained 3) Religion has a massive influence in all aspects, even in†¦show more content†¦8) The influence of the west, religion and the social structure are the three major determinants that influences an individual’s behaviors within the organization as well as organizational practices depending upon which factor takes the lead in influencing the most. 9) No merit -hiring; unions had political protections to have a major influence, heavy staffing, no planning for training and development of employees, were some of the issues before implementation of privatization program in 1990. 10) In 1990’s, the multinationals started reinvesting and adopted the modern practices to run business such as trainings, planning, HRM practices, goal and objective setting which was then encouraged and then adopted to some extend by the government institutions. 11) Corrupt political system and its influence on the economic sector have left the working people of Pakistan with a pessimistic outlook towards the future. 12) Bad governance is the major determinant of the economic instability of Pakistan, despite being abundant in the low-cost labor and massive land its FDI has been one of the lowest in the developing countries. It has 2.61 million of its labor unemployed. 13) The allocation of budget to education is sub-standard; the budget allocated to education is as low as 2.25% of GNP. Also the uneven distribution between primary, secondary and tertiary levels , where universities at tertiary levels for elite take away the portion of primary level budgetShow MoreRelatedRole of Human Resource Management in Organizational Productivity in Context of Pakistan2528 Words   |  11 PagesROLE OF HUMAN RESOURCE MANAGEMENT IN ORGANIZATIONAL PRODUCTIVITY IN CONTEXT OF PAKISTAN â€Æ' EXECUTIVE SUMMARY Despite some negative perceptions among the international, including European, public, Pakistan has shown remarkable political and economic developments since the late 1990s when the country was on the verge of bankruptcy. 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