Human Resource Management

Human Resource Management Case Studies CASE STUDY (20 Marks) It was time for drawing up the HR budget for the financial year Nina, Head (Human Resources) of ABC Incorporated, was pondering on the amount to be allocated for the Training & Development (T&D) activities. The top management was getting increasingly wary of shelling out funds when it came to T&D expenditure, but Nina had to immediately get a training program underway for the 50 new joiners approved by the management. ABC Incorporated, an MNC headquartered at Bengaluru, had hired 50 new management trainees in November 2015 from a few of the premier business schools in India. These recruits had joined the company in April Nina was given the responsibility of putting the new joiners through a proper induction program that would make it easier for them to get acquainted with their job profiles.

Nina, who was leading a team of four HR executives, decided to conduct a 5daylongtraining program for the new joiners to facilitate the orientation process. The HR managers of ABC Incorporated needed to evaluate the cost of conducting a training program for its new joiners. The case provides basic facts and figures associated with conducting the training program and asks the participants whether the company should invest in training the new employees and if so, in how much time the firm can expect to recover the costs through the trainees’ output.

Answer the following question. Q1. Explain what induction training is and why induction training is essential for new joiners. Q2. Explain how will you evaluate the training cost and put up a proposal to the management for approval.