PRELIM Flashcards
- a process that involves the acquisition, development, maintenance, and utilization of valuable human resources necessary for organizational success.
HUMAN RESOURCE MANAGEMENT
Refers to all present and future workforce participants who need to develop to their full potential for the benefit of everyone
Human Capital
a centralized strategy that locates the design and administration responsibility of the HR in a single organizational unit. HR generalists handle all HR activities rather than specializing in a single area such as compensation or recruiting.
Centralization
gives each unit the responsibility to design and administer its own personnel system.
Decentralization
– a visual display of an organization’s positions and lines of authority that is useful as a blueprint for deploying human resources
Organization chart
who make decisions and staff who provide advice and support.
Line positions then Staff Positions
the responsibility and duties performed by an individual
Position
group of positions that is similar in duties
Job
– group of jobs that is similar as to the kind of work and is found throughout an industry
Occupation
grouping of jobs on some specified bases such as the kind of work or pay
Job classification
– the systematic and orderly process of determining the worth of a job in relation to other jobs
Job evaluation
coordinated and aggregated series of work elements used to produce an output
Tasks
The procedure used for determining/collecting information relating to the operations and responsibility of a specific job
Job Analysis (JA)
organized and factual statements of the duties and responsibilities of a specific job
• Job description
– refer to the minimum acceptable human qualities necessary for effective performance of a given job
• Job specifications
searching for the right person to hire for the right job.
Recruitment and selection
estimating the value of and appropriate compensation for each job
Determining the rate of compensation
involves comparison of actual versus planned output (standard
Performance appraisal