HR Management Basics Flashcards
Human Resource Planning
Human resource planning includes forecasting the need for employees, examining the current supply of labor and acquiring the needed employees if there are any gaps.
Human Resources
This department oversees the searching for, then screening, recruiting and training of job applicants. It also administers the employee-benefit programs.
Organizational Commitment
The organization shows the employees they care about them and their well-being. An example of this would be providing funding so that employees can upgrade their skills through further funding.
Organizational Structure
Organizational structure is the way an organization is organized. It shows the chain of command between the upper and lower echelons of the organization.
Job Satisfaction
Job satisfaction is the satisfaction a person gets from doing their job.
Generation
A generation is a group of individuals that are living during the same time period. Examples of generations are traditionalists, baby boomers, Generation X and Millennials.
External Factors affecting Human Resource Management
External factors are any factor outside the organization that might have an effect on the organization. These factors maybe outside the control of the organization.Example:drop in oil price
Social and Cultural Environment-external Factor
The cultural and social environment include the particular work ethic of a culture. Some cultures may value monetary rewards more than other cultures.
Stakeholder Theory
Stakeholder theory is the ethical analysis of an organization’s relationship between itself and both internal and external stakeholders.
Ethics
Ethics is a society’s system of rules that is acceptable in that society.
Employee Engagement
Employee engagement is the degree to which an employee will help the organization grow and reach its goals. An employee may suggest ways that his/her job could be done more efficiently.
Strategic Human Resource Management
Strategic Human Resource Management is where human resources planning and the organization’s strategic plan are aligned so that the achievement of the organization’s goals will occur.
Industrial Revolution
The Industrial Revolution replaced highly skilled masters of the different crafts with large factories. Work became divided up between relatively unskilled workers.
Personnel Management
Personnel management is a function of an organization that provides the personnel needed for organizational activities. The function also manages the general employee-employer relationship.
HRM Responsibilities
There are five responsibilities of HRM: 1. Staffing; 2. Human Resource Development; 3. Compensation; 4. Safety and Health and 5. Employee and Labor relations.
Code of Ethics
A code of ethics is a written statement of an organization’s values and principles. It guides organization’s members in their dealings with both internal and external stakeholders.
Corporate Social Responsibility
Corporate social responsibility describes the obligations that a company has to all stakeholders that are affected by the organization. This goes beyond the profit motive of an organization.
Economic environment-external factor
Economic environment can have a major effect on an organization. For example, a recession might mean a reduction in demand for an organization’s product. This could lead to laying off workers.
Scientific Management
Mathematical principles were one of the foundations of scientific management.
Human Capital
Human Capital is the sum total of all the worker’s knowledge and skills that the company. These skill sets can be used to further the organization’s goals.
Human Relations Management
The Human Relations Movement had a behavioral psychology viewpoint. Besides being concerned with the company’s goals, there was also concern for employees.
