Managing Human Capital Flashcards
Strategic Risk
Affect business strategy
Operations Risk
Impact orgs ability to execute business strategy
Financial Risk
Affects org workforce costs and productivity
Compliance Risk
Government regs (legal - not necessarily ethical)
Virtue Standard
Consistent with certain ideal virtues including civility, compassion and benevolence
Fairness Standard
Treats all people equally or at least fairly
Utilitarian Standard
Good or evil
Rights Standard
Protects the moral rights of everyone involved
Common Good Standard
Shows respect and compassion for everyone
Entrepreneurial Culture
Emphasizes creativity, innovation and risk taking
Beureaucratic Culture
emphasizes formal structures and the correct implementation of organization procedures, norms and rules. Commonly asociated with consistency and high ethical standards
Consensual Culture
emphasizes loyalty and tradition and encourages employees to stay with the organization for a long time
Competitive Culture
emphasizes competitive advantage and market superiority
National Labor Relations Act of 1935
Right to unionizeFai
Fair Labor Standardds Act (FLSA) of 1938
Minimum wage and overtime rules
Equal Pay Act of 1963
Prohibits wage discrimination on the basis of sex
Title VII of the Civil Rights Act of 1964
Prohibits discrimination based on race, color, religion, sex or national origin
Age Discrimination in Employment Ace (ADEA) of 1967
Potects people over 40
Rehabilitation Act of 1973
Prohibits discrimination against disability
Vietnam Era Veterans’ Readjustment Assistance Act of 1974 (VEVRAA)
Prohibits discrimination and requires affirmative action for disabled and other categories of veterans
Pregnancy Discrimination Act of 1978
Prohibits discrimination on the basis of pregnancy, childbirth or related medical conditionsCo
Consolidate Omnibus Budget Reconciliation Act (COBRA) of 1986
At least 4 employees must verify employment eligibility
Worker Adjustment and Retraining Notification Act (WARN) of 1988
Prohibits discrimination of osmeone having a disability; fair treatment and reasonable accomodation
The Uniformed Services Employment and Reemployment Rights Act (USERRA) of 1994
Military are entitled to return to civilian employment
Family Medical Leave Act of 1993
Requires leave and job-return; must have 50 employees
Genetic Information Nondiscrimination Act of 2008
Prohibits discrimination based on resutls of genetic testing
Quid Pro Quo
unwanted verbal or physical conduct as a condition of employment
Hostile Environment
unwanted verbal or physical conduct that creates a bad environment
Stereotyping
believing that everyone in a particular group shares certain characteristics or abilities or will behave in the same way
Prejudice
outright bigotry
Ignorance
being unaware of all requirements of employment law
Perception of loss
Believing one will “lose out” on future employment opportunities by hiring more diverse people
Policy
guiding principle used to set direction
Procedure
way of accomplishing something
Sourcing
Identifying qualified individuals in a labor market; uses analytical skills to generate leads
Recruiting
Affect number or type of people willing to apply for and accept jobs; identified by sourcing
Person-organization fit
fit between individual’s values, attitudes and personality and the organization’s values, norms and culture
Person-group fit
the match between the person and his or her workgroup and supervisor
Person-job fit
fit between a person’s abilities and the job’s demands and the fit between a person’s needs and motivations and the job’s attributes and rewards
Case Interview Question
business situation, challenge or problems and asked to present a solution
Situation Interview Question
hypothetical situation; not about past behavior
Behavioral Interviewe Question
Gain insight from past behavior
Procedural Fairness
Perceived fairness of the policies and procedures used to determine outcomes
Distributive Fairness
Fairness in the outcomes
Interaction Fairness
Fairness of interpersonal treatment
Needs assessment in training development
1st Step: creates foundation for effective training
Learning objectives in training development
Identify desired learning outcomes
Design in training development
develop content, learning methods, materials and setting and instructors trained
Implementation in training development
training program implemented
Evaluation in training development
collecting information to make decisions around adopting or improving a set of activities
Kirkpatrick - Reaction
How participatns felt; feedback forms and surveys
Kirkpatrick - Learning
Change in participants’ knowledge, skills, behiavior or attitude; pre and post test or assessments; observation, simulation, interviews
Kirkpatrick - Behavior
Extent to which what is learned in training is used; long-term observation; sustainability of behaviors
Kirkpatrick - Results
business impact; performance appraisal & ROI analysis
Personal Standard Bias
What you beleive should be the standard
Contract effect bias
determination is made by comparing the target employee with someone else
First Impression Bias
Initial judgements influrence later assessments
Recency Effect Bias
recent events are given a disproportionately large influence on the rating
High potential error bias
When potential is confused with performance
Halo effect bias
When one positive factor influences other areas of performance
Horns effect bias
When one negative factor influences other areas of performance
Similar to me effect bias
when high ratings are given to someone perceived as similar to the rater
Leniency Error Bias
high rating given to all employees regardless of performance
Central Tendancy Bias
Rating all employees in the middle of the scale
Stereotyping bias
Everyone in a group shares certain characteristics or will behave in the same way
Opportunity bias
Ignoring of factors beyond the employee’s control that influence their performance
NLRA of 1935: Wagner Act
Right of nonmanagerial employees to join unions nad bargain colelctively
Railway Labor Act
For airlines and railroads; keeps airlines and railroads moving
NLRA of 1947: Taft-Hartley Act: Extended Wagner Act
Prohibited secondary boycotts; prohibited union shops and closed shopes that forced union membership; enabled employees to choose not to join a union
Labor Management Reporting and Disclosure Act of 1959: Landrum-Griffin Act
Outlined bill of rights for union members and established procedure of elections etc
Closed Union Shop
Employs only poeple who are already union members (Taft-Hartley Labor act made illeggal)A
Agency Union Shop
Requires nonunion workers to pay a fee to the union
Open Union Shop
Does not discriminate based on union membership
Strike
Members refuse to work
Boycott
Members don’t buy firm’s products
Lockout
Management keeps employees away and uses management staff or replacements instead
Drivers of Attraction
Competitve base pay, job security, career advancement opportunities
Drivers of Retention
base pay/salary. career advancement, trust in senior leadership
Drivers of Engagement
Intereste in employee well-being, understanding org goals and objectives, reasonable workload and healthy work/life balance
Affective Commitment
Employees stay because they want to
Normative Commitment
Employees stay becuase they feel they should
Continuance Commitment
Employees stay because they feel they have to