RECENT TECHNIQUES IN HUMAN

RESOURCE MANAGEMENT

1. EMPLOYEES FOR LEASE

New type of organization – employee-leasing
organization which will provide expert advice and
consultancy and further they will also supply human
resources for executing their projects. These
organizations employ different kinds of candidates
and lease them to various organizations

2. MOON LIGHTING BY EMPLOYEES------blue

moon to full moon.
Employees in most of the organizations realize that
all their demands cannot be met by their organization
alone. Hence they depend either on some other
organizations for part-time job, part-time business or
take up a business or start an industrial unit in order
to earn more. This type of activity is known as
MOONLIGHTING.

• BLUE MOON-------Some employees will not be

happy with level of wages of the company and will
not go for second job in future because of their
inability. Their effort to earn additional income will
not bear any fruit. Employees may call these
types of efforts and the consequent result BLUE
MOON LIGHTING.
 • QUARTER MOON LIGHTING-------Employee
prefers to take a part-time job also to meet his
expenses. The employees call this type of activity
quarter moon lighting.

• HALF MOON LIGHTING------Some employees

will not be happy with their present wage
structure, as they cannot live luxurious life. Hence
they take up those jobs or business to earn more
money to purchase luxury items to lead
comfortable life. The employees call this activity
as half moon lighting.

• FULL MOON LIGHTING-----employees spend

most of their time and resources in starting,
developing, expanding their business activities.
Their financial and social position will almost
determined by the second occupation. This
activity is called as full moon lighting.

3. DUAL CAREER GROUPS-------

4.FLEXITIME AND FLEXIWORK--------

5. TRAINING AND DEVELOPMENT----

Organization’s educational institutes.

6. MANAGEMENT PARTICIPATION IN
EMPLOYEES’ ORGANISATION

7.CONSUMER PARICIPATION IN COLLECTIVE

BARGAINING.
8. COLLABORATIVE MANAGEMENT- a multi-
dimensional approach which includes worker’s
participation, customer’s participation, government’s
participation, stockholder’s participation.

9. EMPLOYEE’S PROXY

10. HUMAN RESOURCE ACCOUNTING------It is the

measurement of the cost and value of the people for the
organization.
Methods of valuation of human resources---1.historical
cost method.2. Replacement cost 3. Standard cost method.
4. Present value. 5. Current purchase power method. 6.
Opportunity cost method. 7.economic value method. 8.
Statistical based method.

11.ORGANISATIONAL POLITICS----Any behaviour by

any organizational member hat is self-serving.

12. EXIT POLICIES AND PRACTICE. ----Retrenchment,

voluntary retirement scheme, closure, lay-off