HRM Flashcards

1
Q

Three forms of strategic HR integrations

A

Vertical integration
Horizontal integration
Functional integration

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2
Q

definition - Strategic HRM

A

A pattern of planned HR activities intended to enable an organization to reach its desired outcomes and results

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3
Q

definition -Vertical integration

A

HR is outward looking and connected to corporate values and beliefs, its
corporate strategy, and contextual challenges.

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4
Q

definition -Horizontal integration

A

HR activities and contributions need to be mutually supportive and
unconnected and isolated interventions

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5
Q

defenition -Functional integration

A

HR needs to work in conjunction with other organizational functions rather that in isolation.

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6
Q

M in HRM:
What is traditional HRM aimed for:

A

Task completion;
Absenteeism;
Turnover

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7
Q

M in HRM:
what are the key outcomes now(5):

A

-Improve performance & productivity
-Achieve organizational goals
-Help employees prosper
-Stimulate positive behaviours
-Fulfil social responsibilities

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8
Q

R in HRM:
Employees as resources(3):

A

-Economic resources
-Intangible assets
-Varying asset values

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9
Q

R in HRM:
what economic resources are there?(1)

A

Knowledges, skills & abilities

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10
Q

R in HRM:
what Intangible assets are there?(1)

A

Creativity & social capitals

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11
Q

R in HRM:
what are the are Varying asset values ?(2)

A

-Star vs. non-star employees
-Ups and downs of employees

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12
Q

What are the essential HRM functions?(4)

A

-Job analysis & HR forecasting
-HR hiring
-HR assessment & training
-HR motivation

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13
Q

what are the new HRM challenges ?(5)

A
  • Globalization
    -Changing demographic trends
    -Diversified employment forms
    -Business sustainability & Social responsibility
    -Technology
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14
Q

definition- Offshoring

A

relocation of business from home country to another location (e.g.
producing products in countries with low labour costs)

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15
Q

definition -Outsourcing

A

ownership of certain business operations has shifted from own
company to somewhere else

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16
Q

definition-Reshoring

A

relocation of business back to home country

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17
Q

Global participation and global employees (3)

A

-Parent/home country
-Host country
-Third country

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18
Q

definition-Host country

A

the country in which the parent country organization seeks to locate (or has
already located) a facility
o Host-country nationals

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19
Q

definition-Third country

A

a country other than the host country or parent country. A company may, but
is less likely, to have a facility there
o Third-country nationals

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19
Q

definition-Parent/home country

A

the country in which the company’s corporate headquarters is
located.
o Parent-country nationals

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20
Q

what are the 3 categories of globalization?

A

-Offshoring
-Outsourcing
-Reshoring

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21
Q

globalization:
How does it challenge HRM in 21st C?

A
  • Obtain HR: home, host, third-party
    o Racial and cultural diversity in labour forces
  • Performance management: global assignment, expatriation and repatriation
    o Global assignment and compensation
  • Training and development
  • Legislation compliance and labour relations
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22
Q

what are the 3 categories of globalization?

A

a. Racial diversity
b. Female labour (gender diversity)
c. Aging workforce (age diversity)

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23
Q

Changing demographic trends:
How does it challenge HRM in 21st C?

A
  • Obtain HR:
    o Succession plans; female leadership
  • Performance management:
    o Technology challenges
  • Benefit and compensation:
    o Pension, health and safety schemes; expat schemes
  • Legislation and labour relations:
    o Age discrimination
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24
what are the 2 categories of Diversified employment forms?
a. SMEs, NGOs, start-ups, entrepreneurship b. Part-time, self-employment, portfolio working
25
Diversified employment forms: How does it challenge HRM in 21st C?
- Psychological contract - Protean career
26
definition- Protean career
a career that is driven by the individual and not by the organization o Security vs. employability? o Proactive and preventative moves
27
definition- Psychological contract
The mutual beliefs, perceptions and informal obligations between an employer and an employee that are distinct form the formal employment contract – Beyond the paper-written contract
28
what are the 2 categories of technology?
(Outsource less strategic HRM activities) - HR Outsourcing (HRO) - Digitalize HR services
29
definition- Digitalize HR services:
Online hiring, online training & learning, performance reporting & appraisal
30
definition - HR Outsourcing (HRO):
sub-contracting HR functions to external suppliers o Payroll and taxes, training, benefits management
31
Major HRM functions: name other HRM functions(6):
-occupational safety & health -workplace security & data privacy -stress & wellbeing -business ethics, sustainability, and social responsibility -labor relations -legal environment( EEO,CAO ...)
32
definition - job
- A job is “a set of tasks, duties and responsibilities that constitutes the total work assignment for an employee”
33
definition- job analysis:
the process of getting detailed information about jobs
34
what are the Common methods of job analysis(4):
1. Interviews 2. Observations 3. Questionnaires 4. Work diaries/logs
35
Outputs of job analysis
- Job descriptions - Job specifications
36
Outputs of job analysis: Key job requirements? +definition
Job descriptions: a list of tasks, duties and responsibilities that a job entails
37
Outputs of job analysis: Key competencies required to succeed? +definition
Job specifications: list of knowledge, skills, abilities, and other characteristics that an individual must have to perform on the job
38
definition- job demands
aspects of the job that require sustained physiological and/or psychological effort of skills and are therefore associated with physiological and/or psychological costs
39
definition- job resources
factors that either/or (1) reduce job demands and associated costs, (2) are functional in achieving work goals; (3) stimulate personal growth, learning, and development. - Across organizational levels - In various forms o Physiological, psychological, social o Intrinsic, extrinsic
40
Job Demand-Resource model (JD-R)
- Evangelia Demeroutie & Arnold Bakker (2001-2003) - JD-R: job strain as a response to imbalance between job demands and job resources - Outcomes: wellbeing (e.g., burnout, stress, engagement), performance, behaviours
41
Dual-process of JD-R model(2):
- Health impairment process - Motivational process
42
definition- Motivational process
job resources have motivational potential that, intrinsically or extrinsically, lead to high work engagement, low cynicism.
43
definition- Health impairment process
poorly designed jobs or chronic job demands exhaust employees, lead to energy depletion and health problems
44
definition-Job (re)design
– a set of activities that involve the design/alteration of specific jobs or interdependent systems of jobs with the intent of improving the on-the-job-productivity and job experience of employees.
45
Three approaches of job (re)design
1. Physical environment 2. Job characteristics 3. Job crafting
46
definition-Physical environment + example
(re)design the work environment - Aims: reduce physical fatigue, stress, healthy complaints, motivate, concentrate, relax, restore EXAMPLE: Google: colorful offices
47
approaches of job (re)design: Job characteristics (– Job Characteristic Model (JCM)) (5):
- Task identity - Task significance - Skill variety - Autonomy - Feedback
48
definition -Task identity
a job requires completion of a “whole” and identifiable piece of work
49
definition- Task significance
a job is meaningful
50
definition- Skill variety
a job includes various activities, skills, and talents
51
definition- Autonomy
a job provides freedom in structuring and scheduling work
52
definition- Feedback
a job result provides clear comments on the performance and directions for future improvements
53
definition - job crafting + example
– employees customize and personalize: physical and mental changes workers make in task or relationship aspects of their own jobs - Make the jobs more personal and meaningful EXAMPLE: Google: design your own desk, dogs welcome, start your own projects
54
what are the two characteristics for Forecast labour demands?
-Qualitative forecasting -Quantitative forecasting
55
Qualitative forecasting(4):
- Job demands - Corporate demands - Market demands - Political/legislative demands
56
Quantitative forecasting(3):
- Trend analysis - Ratio analysis - Regression analysis
57
what are the two characteristics for Forecast labour supply?
-Internal labour market -External labour market
58
External labour market(3):
- Graduation levels - Competitions - Sources of qualified HR
59
Internal labour market(3):
- Graduation levels - Competitions - Sources of qualified HR
60
Labour surplus(9):
- Downsizing - Pay reductions - Demotions - Transfers - Work sharing - Hiring freeze - Natural attrition - Early retirement - Retraining
61
Labour shortage(6):
- Overtime - Temporary employees - Outsourcing - Retrained transfers - External hires - Technical innovation
62
definition-Recruitment
– Process through which an organization identifies and attracts potential employees (qualified applicants)
63
the three steps of recruitment :
1. Establish recruitment objectives 2. Develop recruitment strategies 3. Carry out recruitment activities
64
Recruitment objectives
- Timing: Date by which positions need to be filled - Volume: Number of positions to be filled? Number of applicants? - Type of applicants: Education; knowledge, skills, and abilities; interests and values; diversity
65
Recruitment resources(4):
- Trainees, interns, contractors - Employees from other branches or subsidiaries - Graduates, direct applicants - Customers, former employees
66
A recruiter’s job:
o Mainly provide information! o “sell” the company and perhaps, job vacancies o Realistic job previews (RJP) - A presentation of both favourable and unfavourable jobrelated information to candidates  Complexity/difficulties of the job o Warm, informative, inviting, etc…
67
New trends of recruitment
- E-recruitment software (Applicant Tracking System, ATS) o Handle recruitment electronically - Outsource the recruitment function
68
defenition-Selection:
Process through which an organization makes a decision about who will or who will not be allowed to join the organization
69
Effective selection(3):
o Offer jobs to right people – FITs o Psychological contracts o Ensure candidates feel right!
70
definition-Person-job fit:
compatibility between individual’s knowlegde, skills, abilities (KSA) and job requirements  Ability-job fit
71
Selection decisions as FIT checks: types of Person-Environment fit:
o Person-job fit o Person-organization fit o Others: person-team fit, person-supervisor fit
72
definition-Person-organization fit
congruence between individuals and organizations in terms of personality, value and needs
73
What does FIT mean exactly?
- Conceptualization of fit - Dimensions of fit
74
Conceptualization of fit(2):
o Goal-striving: complementary o Similarity attraction: flock together
75
Dimensions of fit(4):
o Personality fit o Value/preference fit o Goal fit o Ability (KSA) fit
76
what does OUCH stand for?
OUCH is an acronym the stands for Objective, Uniform in application, Consistent in effect, Has job relatedness
77
Common selection methods(4):
1. Biographical Data & References 2. Interviews 3. Ability Tests 4. Personality inventories
78
Biographical Data & References(2):
- Biographical data - References
79
Biographical Data & References: definition-References:
solicit info from people who know job applicants well o Weak predictor of application success in general, but may weigh heavily in sensitive fields
80
definition-Biographical data
: history info and qualifications o Most helpful in predicating turnover likelihood o CVs vs. Application forms
81
definition- interview:
: dialogues to learn and valuate the qualifications of job applicants.
82
Ability Tests(2):
- Physical capabilities - Cognitive abilities
83
Cognitive abilities(2):
o General intelligence o Academic performance (GPA, SAT….)
84
Physical capabilities(2):
o Muscle strength & endurance o Flexibility, balance & coordination
85
Selection process – biases(4):
1. Physical appearance 2. Impression management 3. Confirmation bias 4. Decoy effect
86
definition-Physical appearance
- Has a great impact on hiring
87
definition-impression management + characteristics
tactics to manipulate the opinions or affective evaluations others have of them a. Self-promotion, in which individuals hope to be seen as competent b. Ingratiation/other enhancement, where individuals seek to be likeable
88
definition- Confirmation bias
- People tend to see, seek, and interpret information that confirms their expectations and hypotheses, even when disconfirming information is more useful
89
definition-Decoy effect
- The decoy effect occurs when preferences between two alternatives reverse as a result of the manipulation of a third alternative (i.e. a decoy) such that it is dominated by only one of the two original alternatives
90
Practices to reduce selection biases(4);
- Diverse selection methods - Standardized selection process - Selection panels (collective decision-making) - Focus on info sharing rather than info probing
91
Diverse selection methods(2):
o Behavioural questions o Situational questions
92
Standardized selection process(2):
o Standardized questions o Consistent scoring procedures
93
Selection panels (collective decision-making)(1):
o Inter-rater reliability
94
definition-Performance management
“a continuous process of identifying, measuring, and developing the performance of individuals and teams and aligning performance with the strategic goals of the organization”
95
definition-Performance appraisal
“a discrete, formal, organizationally sanctioned event, usually not occurring more frequently than once or twice a year”
96
Performance management vs. performance appraisal
“Whereas PA is generally understood to be “a discrete, formal, organizationally sanctioned event, usually not occurring more frequently than once or twice a year, PM is seen as a broader set of ongoing activities aimed at managing employee performance”
97
Performance appraisal methods and forms
- Ranking Method - Graphic Rating Scales Form - BARS Form - Narrative Method or Form - MBO Method - Critical Incidents Method
98
definition-Ranking Method
a performance appraisal method that is used to evaluate employee performance from best to worst o Forced distribution o Paired comparison
99
definition-BARS Form
a performance appraisal that provides a description of each assessment along a continuum
100
definition-Narrative Method or Form
requires a manager to write a statement about the employee’s performance
101
definition-MBO Method
a process in which managers and employees jointly set objectives for the employees, periodically evaluate performance, and reward employees according to the results
102
definition-Critical Incidents Method
a performance appraisal method in which a manager keeps a written record of the positive and negative performance of employees throughout the performance period
103
Reliability and validity of performance measures(4)::
- Validity - Use heuristics - Appraisal politics - Reductions through rater error and accuracy trainings
104
- Validity(5):
o Content validity o Criterion-related o Internal consistency reliability o Interrater reliability o Test-retest reliability
105
definition-Content validity
Measures all the relevant aspects of performance
106
definition-Criterion-related
Measures the relationship with other constructs
107
Use heuristics(5):
o Similarity bias o Contrast bias o Leniency vs. strictness biases o Central tendency bias o Halo vs. horns bias
108
Appraisal politics(1):
o Purposefully distorting a rating to achieve personal or company goals
109
Developmental activities(3):
- Assignments and assessment centres o Developmental assessment assignments, developmental assessment centres, multisource feedback programs, personal growth programs, simulations - Interpersonal interactions o Coaching (1-way) and mentoring (2-way) - Activities are relatively effective
110
Compensation: Pay structure
Reflects pay policy of organization
111
Determining pay level(2):
- Two forms of competition to take into account o Product market competition  Labour costs/revenues  Upper bound on salary o Labour market competition  Labour supply/demand  Lower bound on salary - Benchmark against product/labour market competition o Labour costs relative to total costs o Product demand (in)elasticity Lower and upper bounds on salary o Labour supply (in)elasticity o Employee skill flexibility
112
Evaluating jobs and determining job structure(2):
- Organizations have different jobs and functional domains - Evaluating jobs
113
- Organizations have different jobs and functional domains(2):
o Key jobs  Relatively stable content and common to many organizations o Nonkey jobs  Relatively flexible content and uncommon to many organizations
114
- Evaluating jobs(3):
o Job-ranking method o Point-factor method  Compensable factors  Sum the scores of compensable factors ([un]weighted)  Indicates importance of jobs and appropriate compensation o Factor comparison method  Benchmark jobs
115
Pay structure(3):
- Gather (internal and external) information about job evaluation points and monthly salary - Market pay line o Regress monthly salary on job evaluation points o Slope indicates how much certain jobs need to be paid - Useful for gathering salary indication
116
Pay grades(3)
- Market pay line may be administrative burden o Number of individuals and jobs - More efficient to cluster jobs in pay grades - Problems o Under- and overpayment o Discourages initiative o Lack of flexibility o Bureaucracy
117
Individual and group incentive options
Individual Group -bonus -profit sharing -commissions -gainsharing -merit pay -employee stock ownership plan (ESOP) -piece work -stock options -standard hour -stock purchasing -nonmonetary awards-praise