Abstracto

Study on the Factors Affecting The Performance Of Labours in Indian Construction Industry

B.Vijay Antony Raj and Mrs.P.S.Kothai

Human Resource Management or HRM is the process of managing people in a company/firm as well as managing the existing inter-personal relationships. These two processes are key in the success and growth of a business. Human resource management is the management process 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. HR now focuses on strategic initiatives like mergers and acquisitions, talent management, succession planning, industrial and labor relations, and diversity and inclusion. In startup companies, HR's duties may be performed by trained professionals. In larger companies, an entire functional group is typically dedicated to the discipline, with staff specializing in various HR tasks and functional leadership engaging in strategic decision making across the business. The ultimate focus of HRM is the people within an organization. Regular planning, monitoring and evaluation are important for the success of HRM. Successful implementation ensures that all employees know their role, career path and also feel part of an organization which is able to manage and reconcile their expectations as well as those of the organization and its objectives.This project is done in identification of factors irrespective to labors. Based on those factors a questionnaire has been prepared in labors point of view. In this thesis , questionnaire survey have been conducted with various companies among 75 labors and using SPSS software their response have been extracted for studying the impact of human resource management practices on productivity and financial performance in construction industry and appropriate solution was given for all impacts.