Human Resources Flashcards

(33 cards)

1
Q

What are the objectives of human resources?

A

Acquisition, development, maintenance

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2
Q

What is included in acquisition?

A

Planning, job analysis, recruiting, selecting, and orientation

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3
Q

What is included in development?

A

Training and development, and performance appraisal

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4
Q

What is included in maintenance?

A

Employee relations, compensation, and benefits

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5
Q

What tools can be used to forecast human resource supply?

A

Replacement chart and skills inventory

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6
Q

What is the replacement chart?

A

A list of key employees and their possible replacements internally

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7
Q

What is a skills inventory?

A

A computerized database containing information on the skills and experience of all current employees
Determine external gaps

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8
Q

What is the job analysis?

A

A systematic approach identifying and determining job duties and requirements and their importance to an organization

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9
Q

What is the difference between a job description and a job specification?

A

Job description lists responsibilities for a job and specification lists qualifications required to perform a job

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10
Q

What is EDI?

A

Equity, Diversity, and Inclusion

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11
Q

What is the difference between equity, diversity, and inclusion?

A
Equity = accounting for differences, removing barriers
Diversity = differences in lived experiences and reality of employees
Inclusion = doing the work to create connection and belonging
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12
Q

What are the benefits of EDI programs?

A

Builds organization resilience, aligns with purpose, provides marketing edge, drives innovation, and maintains reputation

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13
Q

Why is it challenging to implement EDI?

A

Most individuals in charge are unaware of navigating world without privilege
Looking for an easy solution to a complex problem
Takes time

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14
Q

How can leaders make progress on EDI programs?

A
Realize racism is a pandemic
Recognize privilege
Tell employees they deserve to be there
Ensure inclusion and diversity
Act with humility
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15
Q

What is the process of attracting qualified job applicants?

A

Attract candidate pool, screen, interview, compare, check references, and make job offer

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16
Q

How do we know if screening and interviewing methods are any good?

A

If they are valid and reliable

17
Q

When is a screening method valid?

A

When it can predict someone’s success or effectiveness in their job

18
Q

When is a screening method reliable?

A

When methods are valid all the time

19
Q

Why are interviews the least valid hiring practice?

A

Bias and incorrect practices

20
Q

What are solutions to invalid interviews?

A

Using job analysis to develop and validate questions
Eliminating interview bias
Using testing only for job-relevant knowledge

21
Q

How do we get new employees up and running

A

Complete hiring paperwork, learn admin details, and employee introductions

22
Q

How do we teach employees new skills?

A

Job related training
Off the job training
Development

23
Q

How do we assess employee performance and potential?

A
Create clear performance standards
Evaluate performance against standards
Make employee decisions
Assess HRM practices
Consider how activities affect employee engagement
24
Q

What percent of the global workforce is engaged?

25
What amount of money is lost in productivity globally each year?
$1 trillion
26
How can companies determine compensation?
Determine competitive wages Ensure fairness to keep existing talent from leaving Reasonable enough so company can still make profit
27
What are the external factors of compensation?
Industry, competition, and supply of candidates
28
What are the internal factors of compensation?
Level and nature of job, company's financial condition, culture, employee preferences
29
What are fringe benefits?
Forms of indirect compensation including pensions, health insurance and vacation
30
What does Neelay say should be considered when re-organizing the workplace?
``` Regular relaunches Build cognitive and emotional trust Understand the whole employee Survey employees Offer hybrid models Upskill everyone on remote work ```
31
What leadership style is best?
It depends, no one best leadership style
32
What are the three types of leadership shown in class?
Authoritarian, participative, and laissez faire
33
How can you be a purposeful leader?
``` Be clear about purpose Be clear about role as a leader Be clear about who you serve Be driven by values Be authentic ```