Chapter 1 Flashcards
The use of individuals to achieve organizational objectives.
Human Resource Management
Utilization of individuals to achieve organizational objectives.
Human Resource Management
The process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them.
Human Resource Management
Human Resource Management Functions
- Staffing
- Performance Management
- Human Resource Development
- Compensation
- Employee and Labor Relations
- Safety and Health
Staffing involves
job analysis, human resource planning, recruitment, and selection.
It is the systematic process of determining the skills, duties, and knowledge required for performing jobs in an organization
Job Analysis
It is the systematic process of matching the internal and external supply of people with job openings anticipated in the organization over a specified period.
Human Resource Planning
It is the process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications to apply for jobs with an organization.
Recruitment
It is the process of choosing the individual best suited for a particular position and the organization from a group of applicants
Selection
It is the process through which an organization ensures that it always has the proper number of employees with the appropriate skills in the right jobs, at the right time, to achieve organizational objectives
Staffing
It is a goal-oriented process that is directed toward ensuring that organizational processes are in place to maximize the productivity of employees, teams, and ultimately, the organization.
Performance Management
It is a formal system of review and evaluation of individual or team task performance. It affords employees the opportunity to capitalize on their strengths and overcome identified deficiencies, thereby helping them to become more satisfied and productive employees
Performance Appraisal
t is a major HRM function consisting not only of training and development but also of career planning and development activities, organization development, and performance management and appraisal
Human Resource Development
It is designed to provide learners with the knowledge and skills needed for their present jobs.
Training
It involves learning that goes beyond today’s job and has a more long-term focus
Development
is planned and systematic attempts to change the organization (corporate culture), typically to a more behavioral environment.
Organizational Development
is an ongoing process whereby an individual sets career goals and identifies the means to achieve them
Career Planning
It is a formal approach used by the organization to ensure that people with the proper qualifications and experiences are available when needed. Individual careers and organizational needs are not separate and distinct. Organizations should assist employees in career planning so the needs of both can be satisfied
Career Development
provides employees with
adequate and equitable rewards for their contributions to meeting organizational goals.
Compensation System
It includes the total of all rewards provided to employees in return for their services.
Compensation
Pay that a person receives in the form of wages, salaries, commissions, and bonuses
Direct Financial Compensation (Core Compensation)