Human Capital Flashcards
Pass
Process of employing people, Training them, compensating, developing policies relating to people and developing strategies to retain employees
Human Resource Management (HRM)
The skills and abilities of employees, which make a business successful
Human Capital
Make it Applicable
Be a strategic partner with the organization
Involve people
Understand how technology can be used
Strategic HR plan
The process of generating a pool of qualified candidates for a particular job, the first step of the hiring process
Recruitment
The process of making a new “Hire” or “Non- Hire” decision regarding each applicant for a job, the second step in the hiring process
Selection
Letters of recommendation Application Forms Ability Tests Personality Tests Honesty Tests Interviews
Selection Tools
Represents the characteristics that are easily observed such as race, gender, age
Surface Level Diversity
Represents the aspects that are more difficult to see at first glance, such as values, personality, and work preferences
Deep Level Diversity
The process and programs by which managers make everyone more aware of and sensitive to the needs and differences of others
Diversity Management
Disabilities, Hidden Disabilities, chronic illness, pain, learning impairments
Biographical Characteristics
a work group interacts a work team generates
Difference between work groups and work teams
share information and make decisions to help members perform within his or her area of responsibility
Work Group
generates positive synergy through coordinated effort. Individual efforts result in a level of performance that is greater than the sum of those individual inputs
Work Team