Intro Flashcards

1
Q

What are 3 key concepts of HRM?

A
  1. HRM needs to be aligned with the business plan and business strategy
  2. All elements of HRM need to be consistent with eachother
  3. It is about getting right people for the right job at the right time. Takes care of people by keeping workers performing and motivated, while taking care of the company. Dual responsability done through people.
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2
Q

What do we want with HRM?

A

Entry of high quality individuals, and to develop and retain them.

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3
Q

How does HRM guarantee the entry of high quality individuals, and develops and retains them?

A
  • attracting talent
  • performance management
  • reward management
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4
Q

What are the three steps of Talent Attraction?

A
  1. HR Planning
  2. Job Analysis and Design
    3.Recruitment and Selection
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5
Q

What is HR Planning?

A

How organiztions assess the supply and demand for human resources and eliminate the gap between them.

Analyze if they need more or less HR depending on demand and supply forecasts.

Predictions we can make regarding the people we will need to fulfill the business plan, organizational goals, meet strategy needs of company AND what is available outside and inhouse.

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6
Q

What is Job Analysis and Design?

A

Obtaining detailed information about the job and the process of the job, and the individual requirements for performance of that job.

To make correct hiring decisions, HR needs to understand workflow and evaluate performance.

It gives us Job Description and Job Specifications.

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7
Q

What are the two elementes of Job Analysis and Design? Define

A

Job Description: information about the tasks, duties, and responsabilities. (eg. title, physical location, working conditions, equipment, …)

Job Specification: information about the knowledge, skills and abilities needed. (eg. minimal level of academic training, personal attributes, required specialized training, …)

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8
Q

What would be the ideal point for Job Analysis and Design and why is it hard to achieve?

A

Having and exact idea of what everyone is doing.

Jobs are changing very quickly

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9
Q

What is Recruitment?

A

aims to increase the pool of job candidates, with the minimum cost

It is about having the highest number of people, considering the capabilities that we
have. It reduces personnel in a short-term turnover

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10
Q

What are the two types of recruitment and their respective recruitment methods?

A

For internal sources: actual employees - e job posting (intranet); career planning; referrals

For external sources: external candidates - advertising; internet; job fairs; open
houses; internships

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11
Q

What is Selection?

A

Its about selecting the right person for the task, following legal and justice criteria, and matching the company to the individual needs. Usually,
companies want recruitment to have a versatile pool.

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12
Q

What is Selection Criteria?

A

relevant aspects of the job that differentiate good and bad performance

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13
Q

What are selection methods?

A

instruments to assess candidates’ performance,
through different stages

(eg. application/CV; interview; tests; reference
checking; follow-up interview; medical exams; analysis and decision)

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14
Q

How can we manage performance?

A
  1. Performance Appraisal
  2. Training and Development
  3. Career Management
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15
Q

What are the 3 types of Performance Appraisal?

A

Strategic: links individual job behaviours to strategic objectives

Development: improves performance, motivation, and develops skills by identifying individuals potential.

Administrative: Compensation. Evaluates personnel selection and training effectiveness.

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16
Q

Whats Appraisal Criteria and who can be the evaluators?

A

Relevant aspects of performance, on which appraisal is made. Can be Single, Multiple and Composed.

Immediate supervisor, subordinate, colleagues, self, clients - or everyone (360º Feedback)

17
Q

What are Appraisal Instruments?

A

Attribute scales
Behavioral scales
Results

18
Q

What can be an issue when it comes to focusing on just one appraisal instrument?

A

If you only focus on results, you will miss out on important things about performance. If you are the top seller of cars, it can be because you steal every colleague buying, and that is not a good performance. You must evaluate not only results, but behaviors. [person that sells the most cars but is just stealing clients from their colleagues]

19
Q

What are the 4 steps in giving feedback?

A

Start with a question.
➔ this will prepare the person for feedback while also creating a feeling of
➔ autonomy by allowing the person receiving feedback to say yes or no.
➔ the question should also give context to the situation
◆ example: Do you have a few minutes to talk about yesterday’s meeting?

Share the behavior that caused us to have insight or reaction
➔ this exposure should be objective - not using adjectives
➔ it should be specific
➔ it should not contain any new information
◆ example: When I was presenting you started asking a lot of questions.

New insight regarding the impact this behavior had on you.
➔ now we have room to be subjective.
◆ example: I felt disoriented.

Feedback with an open ended question.
➔ should not be a “why” question, as it can feel accusatory
➔ this will create a problem solving situation and commitment rather than compliance.
◆ example: What do you think (…)?

20
Q

Key Points on giving feedback (7)

A

a) Focus on behaviors and business outcomes; don’t focus on personality.
b) Maintain feedback related to job objectives on team and business.
c) Should be timely, at the right time - close to behavior that has happened
d) Should assure comprehension of both sides and questions should be asked.
e) If negative, make sure that it is something that he can fix.
f) Must be adapted to the person.
g) Should be explicit on what needs to be changed.

21
Q

Why should you train and develop employees? (6)

A

a. Facilitate the entry of new employees.
b. Improve productivity.
c. Adapt to new competitive conditions.
d. Introduce new technologies and develop skills needed for it.
e. Improve communication.
f. Reduce turnover and absenteeism.

22
Q

What is career management?

A
  • internal mobility, succession planning and identification of potential
  • more strategic and less mechanistic, linked to the identification of competencies
    required by company and its development
23
Q

What are the objectives of compensation?

A

a. Attract and retain qualified personnel.
b. To motivate.
c. To reinforce organizational culture.
d. To maintain competitiveness.

24
Q

What is equity in compensation? What are the 3 types of equity?

A

How worker’s compensation package (salary, benefits and other elements) compares:

a. External Equity - to similar jobs in different companies (especially in same sector) > wage based surverys

b. Internal Equity - to other people in the company that have similar job/job at some
level

c. Individual Equity - fluctuates according to my performance