page 2 (chapter 1) Flashcards
organizational climate
prevailing atmosphere within organization and employee impact
mood, motivation, satisfaction, friendliness, preformance
vibe employees get from organization
what are the three benefits of effective HRM
reduced costs
greater engagement
better preformance
what do reduced costs cause
greater retention which means u dont need to rehire and retrain employees
what does greater engagement cause
allow employees to emotionally commit and cause them to go above and beyond
what does better performance cause
increased profits which is from employees doing jobs effectively resulting in financial success
what is evidence based HRM
using the best available evidence in making decisions about HRM practices that from measurements, existing data, or research studies that the company is focusing on
what is a pro of evidence based HRM
results in greater efficiency by avoiding trial and error learning as it takes lots of time and money
what is a con about evidence based HRM
people won’t use because of lack of awareness and trust
what is the two types of research
primary research and secondary research
what is primary research
generate new information regarding a research question
involves collecting data, analyzing data, drawing conclusions
what is secondary research
examine existing information from studies that used primary methods
involves compiling existing findings and conclusions to formulate new ideas and gain novel insights
what are the 6 major external influences on HRM
labour market issues –> composition
economic conditions –> supply and demand of products and employees
technology –> data and privacy
government –> standards
globalization –> corporate social responsibilities
environmental –> motivates behavior of employees to work in environmentally friendly companies
