HRM Flashcards
used much more common
and is simply used descriptively to refer to the
variety of diverse tasks that go into managing
the relationship between an organization and
its employees.
HRM
process of acquiring, training, appraising,
and compensating employees and of
attending to their Labor, health and safety, and
fairness concerns.
Human Resource Management
What is the nature of HRM?
The expression “people are our
most valuable asset” has become
widely used but also rather clichéd
and overused.
- Employee skills have not been
a factor in competitive strategy. - Labor has frequently been
viewed as an expense that should
be minimized, especially during
difficult economic times when
downsizing and retrenchment are
common
But as businesses need to
innovate and grow, they place
more value on their human
resources as a source of
competitive advantage
Deals on employee rights and well-being. (work design, well-being, and ethics)
HRM is fundamentally concerned with overseeing contracts and employment relationships
between people and organizations.
A Human Focus
Employees are the main focus of HRM to improve organizational performance.
This is accomplished by making sure the company hires people who have the competence
and drive to succeed through efficient hiring and selection procedures, and that they enhance their
skills through training, development, and performance management.
A Resource Focus
A more strategic approach with a focus on managing
change, creating organizational cultures, and becoming partners in the business
A Management Focus
This is a necessary quality of HR where High-quality workers deliver a valuable service
by
performing many critical functions.
People are valuable resources
A necessary quality of HR where it’s difficult to find someone with the required
level
of expertise.
Human Resources are rare
This is a necessary quality of HR where you would need to identify which
personnel
are giving the edge and how to replicate the human
resources of a highperforming company.
Human Resources cannot be imitated
People learn, hone
their skills,
and show concern
for clients when they are welltrained and highly
motivated. Finding another resource that can
match dedicated
and talented personnel is challenging
There is no good substitute for human resources
What are the goals of HR?
• support the organization’s goals by creating and putting into practice human resource
(HR) strategies that are aligned with the company’s business plan (strategic HRM);
• assist in creating a culture of high performance;
• make sure the organization has the talented, knowledgeable, and engaged personnel
It needs
• establish a strong working connection between management and employees,
keeping in mind that for employees to function effectively and efficiently over time,
they must feel trusted, respected, and appreciated;
• guarantee a positive working environment for employees (safety & health, employee
engagement);
• promote employee well-being as one of the key stakeholders (WLB, benefits,
protection);
What are the HRM Standards?
- People working on behalf
of the organization have
intrinsic value, in addition
to their protections under
the law or in regulation,
which needs to be
respected. - Stakeholders and their
interests are integral to the
best interests of the
organization. - Every organization is part
of a wider society and has
a responsibility to respect
its social contract as a
corporate citizen and
operate sustainably. - A commitment to valuing people who work on behalf of the
organization and to meeting the requirements of the
standard is made and supported at the highest level.
This is a responsibility of HR department where it includes work analysis, job design, and job descriptions
Analysis and design of work
This is a responsibility of HR department where it includes recruiting, job postings, interviewing, testing, coordinating use of temporary labor
Recruitment and selection
This is a responsibility of HR department where it includes Orientation; skills training; career
development programs
Training and development
This is a responsibility of HR department where it includes Performance measures; preparation
and administration of performance
appraisals; discipline
Performance Management
This is a responsibility of HR department where it includes wage and salary administration;
incentive pay; insurance; vacation
leave administration; retirement
plans; profit sharing; stock plans
Compensation and benefits
This is a responsibility of HR departments where it includes attitude surveys; labor relations;
employee handbooks; company
publications; labor law compliance;
relocation and outplacement
services
Employee relations
This is a responsibility of HR department where it includes policy creation and policy communication
Personnel Policies
This is a responsibility of HR department where it includes Record keeping; HR information
systems; workforce analytics
Employee Data and Information Systems
This is a responsibility of HR department where it includes policies to ensure lawful behavior;
reporting; posting information;
safety inspections; accessibility
accommodations
Compliance of laws
This is a responsibility of HR department where it includes human resource planning and
forecasting; talent management
Support for strategy
essentially involves understanding and carrying out the
functions of human resource management. These behaviors include using HR technology,
applying policies and procedures, and keeping up-to-date on HR laws.
Human Resource expertise
involves handling the personal interactions necessary for
providing services and supporting the organization’s goals. Behaviors include treating
employees respectfully, building trust, and providing great customer service to those
served by HR functions.
Relationship Management
refers to the ways HR employees guide others in the organization. They do
this through behaviors such as coaching, gathering data to support business decisions,
and especially at a senior level, designing solutions in support of the business strategy.
Consultation
refer to directing the organization’s processes and programs.
Depending on one’s level in the organization, the necessary behaviors would include
behaving consistently with the organization’s culture, encouraging people to collaborate,
or setting a vision for the HR function or the entire organization.
Leadership and Navigation