Midterm Flashcards

1
Q

Challenges to HRM (1)

A
  • Changes in the marketplace
  • Globalizaion
  • Corporate Social Responsibility, Sustainable Goals
  • Technology
  • Productivity & Cost
  • Cultural & Societal Changes
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2
Q

Role of HR (1)

A
  • helps firm choose the best strategies to compete globally
  • good way: combine the experience of line managers with the expertise of HR managers
  • Strategic advice and counsel
  • Service
  • Policy formulation and implementation
  • Employee advocacy
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3
Q

Steps of Human Resource Planning HRP (2)

A
  1. Mission, Vision, Values
  2. External Analysis
  3. Internal Analysis
  4. Formulating Strategy
  5. Strategy Implementation
  6. Evaluation
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4
Q

Sources of Job analysis (2)

A
  • Interviews
  • Questionnaires
  • Observation
  • Dairies
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5
Q

Bad job description (2)

A
  • bad guidance if vague terms
  • not updated enough
  • violate law by non legal specifications
  • limit scope of activities of the job holder, reducing an organization’s flexibility
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6
Q

Job design (2)

A

Top down: focus on task like in engineering
bottom up: focus on person, grant employees power to initiate change

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7
Q

Job crafting (2)

A

is the physical and cognitive changes individuals make in the task or relational boundaries of their work (Wrzesniewski & Dutton, 2001)

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8
Q

Recruiting strategy consists of 6 elements (3)

A
  • Brand
  • Focus (What do we need)
  • Location
  • Method (External + Internal)
  • Timing
  • Decision (Who makes it)
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9
Q

Recruiting metrics (3)

A
  • Diagnosticity of Recruiting Sources
    degree to which an information is helpful for making judgements
  • Time-to-fill: time from job opening approved to person chosen
  • Quality-of-fill: how well do new hires perform
  • Cost of recruitment (add all costs/number of hires)
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10
Q

Selection metric KSAO (3)

A

Knowledge, skills, abilities, other factors

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11
Q

selection stages types (3)

A
  • Compensatory model
  • Multiple cutoff model
  • Multiple hurdle model
  • Selection ratio
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12
Q

strategic approach to training (4)

A
  1. assessment of needs based on the firm’s competitive objectives
  2. program design
  3. Implementation
  4. Evaluation
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13
Q

Cycle of Performance Evaluation (5)

A
  1. Goals set to align with higher level goals
  2. Behavioral expectations and standards set and aligned with employee and organizational goals
  3. Ongoing performance feedback provided during the cycle
  4. Performance appraised by manager
  5. Formal review session conducted
  6. HR decision making (e.g. pay, promotion, etc.)
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14
Q

Types of Evaluations (5)

A
  • Manager/supervisor evaluation
  • Self-evaluations
  • subordinate evaluations
  • Peer evaluations
  • Team evaluations (team rather than individual performance)
  • Customer evaluation
  • 360 degree evaluation: conducted by different people who interact with the employee
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15
Q

Performance Evaluation methods (5)

A
  • trait
  • behavioral
  • results
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16
Q

behavioral PEM (5)

A
  • critical incident: log diary for every employee
  • behavioral checklist: check true statements
  • behaviorally anchored rating scale BARS: scales for each important job dimension
  • behavior observation scale BOS: frequency of behavior
17
Q

result PEM (5)

A
  • Productivity measures
  • Management by objectives (mutual goals, management rates employees on)
18
Q

Reinforcement Theory (6)

A
  • Positive reinforcement: give a good consequence on the behavior → higher probability this behavior will occur again (rewards)
  • Negative reinforcement: not giving a bad consequence on the behavior → higher probability this behavior will occur again (no punishment)
  • Positive punishment: giving a bad consequence on the behavior → lower probability this behavior will occur again (punishment)
  • Negative punishment: not giving a good consequence on the behavior → lower probability this behavior will occur again (no reward)
19
Q

Types of Salary Incentive Plans (7)

A
  • individual
  • group
  • enterprise
20
Q

types of individual salary incentive plans (7)

A
  • straight piecework
  • bonus
  • merit pay
  • awards & recognition
  • sales incentive
21
Q

types of group salary incentive plans (7)

A
  • team incentive plan (team is individually rewarded for good performance)
  • gainsharing incentive plan (employees and orga share gains by formula)
22
Q

types of enterprise salary incentive plans (7)

A
  • profit sharing (bonus based on profit)
  • stock options (give rights to buy stocks at predetermined price)
  • Employee Stock Ownership Plans ESOPs (given out when leave or retire)