Chapter 8 Flashcards
system of organizational activities to attract, develop, and motivate an effective and qualified workforce. Also known as talent, human capital, or personnel management
Human Resources Management (HRM)
Strategic impact of human resources
- People create value
- Talent is rare
- A group of well-chosen, motivated people is difficult to imitate.
- People can be organized for success.
HR Planning Process Involves Three Stages
Planning, Programming, and Evaluating
determining how many and what type of people are needed
Demand Forecasts
HR planning process
—>Planning
- Organizational strategic planning,
- HRM environmental scanning,
- Human resources planning
HR planning process
—>Programming
Human resources activities: employee recruitment, employee selection, outplacement, training and development, and reward systems
HR planning process
—>Evaluating
Results: Productivity, quality, innovation, satisfaction, turnover, and health
a tool for determining what is done on a given job and what should be done on that job. 1.) Job description 2.) Job Specification
Job analysis
the development of a pool of applicants for jobs in an organization
Recruitment
determining whether or not the company needs to hire or reduce the number of employees and developing approaches for reconciling the two.
Reconciling Supply and Demand
employers knowing employees, and employees know their organization.
Internal Recruiting (Advantages)
employees lack skills or talent, that yields a limited applicant pool, leading to poor selection decisions. Also can inhibit a company that wants to change the nature or goals of the business by bringing in outside candidates.
Internal Recruiting (Disadvantages)
Brings in “new blood” and can inspire innovation
External Recruiting (Advantages)
Choosing from among qualified applicants to hire into an organization
Selection
Selection technique that involves asking all applicants the same questions and comparing their responses to a standardized set of answers
Structured Interview
Applications and Resumes, Interviews, Reference Checks, Background Checks, Personality Tests, Drug Testing, Cognitive Ability Tests, Performance Tests, and Integrity Tests
Selection Methods
percentage of respondents who say the method is effective or very effective
Employee referral programs (75%), Job boards (50%), Print ads (42%)
The consistency of test scores over time and across alternative measurements
Reliability
The degree to which a selection test predicts or correlates with job performance
Validity