Human Resource Management Flashcards
Human Resource Management
Recruit, select, develop, motivate, evaluate, compensate and schedule employees to achieve organisational goals
Planning process for human resource management
- Human resource inventory
- Job analysis: Job description, job specification
- Fulfilling future demand for skilled labour by starting training programs in advance
- Make sure there are enough new workers in the future
- Establish strategic plan on aspects of HRM
Recruiting
Activities involved in the recruitment of the right number of people at the right time, goal to select best suiting for goals of the organisation
Selection
Collecting information then deciding: application forms, conducting interviews, employment tests, background checks, physical exams, establishing trial period and conditions
Contingent workers
Workers who work part-time. Allows for flexibility
Process of training and development (3 steps)
Assessing the training needs, designing training activities, evaluating effectiveness of the training
Ways of training employees (7 ways)
Employee orientation, on-the-job training, apprentice programs, off-the-job training, online training, vestibule training, job simulation
Ways of management development (4 ways)
On-the-job coaching, job rotation, understudy positions, off-the-job courses
Performance Appraisal
Evaluation in which the performance of the employee is compared to the fixed standards
Pay systems (7)
Salary, hourly wage, unit wage, commission, bonus, profit sharing, stocks
Fringe benefits
Sick-leave pay, vacation pay, pension plans, health plans
Scheduling work (3)
Flextime (core time), home-based work, job-sharing