PRELIMS Flashcards
Managing the very reason why organizations exist – Right People
Managing Organizations
What determines employer-employee relationship? [3] (FET)
- Four-Fold Test Doctrine
- Economic Reality Test
- Two-tiered Test
Four-Fold Test Doctrine [4] (RPPP)
Right to hire / the selection and engagement of the employee
Payment of wages
Power of dismissal / impose disciplinary actions
Power to control the employee with respect to the means and methods by which the work is to be accomplished
The benchmark in analyzing whether relation exists between the parties is the economic dependence of the worker on his employee.
Economic Reality Test
The putative employer’s power to control the employee with respect to the means and method by which the work is to be accomplished
Two-tiered Test
The art and science of attracting, motivating, maintaining, developing, and retaining key talents to help drive business results and help employees achieve their personal and career goals
Human Resource Management
The art and science of acquiring, motivating, maintaining, and developing, people in their jobs in the light of their personal, professional, and technical competencies in synchronization with the organization vision/mission, resources and culture for the maximum achievement of individual,
organizational, and societal goals.
Strategic Human Resource Management
HR Functions [7] (RPLCLCO)
- Recruitment and Selection
- Performance Management
- Learning and Development
- Compensation and Benefits
- Labor and Employee Relations
- Communications Management
- Organizational Development
Onboarding Arm
Recruitment and Selection
Diagnostic Arm
Performance Management
Education Arm
Learning and Development
Rewards and Recognition Arm
Compensation and Benefits
Discipline and Wellness Arm
Labor and Employee Relations
Information Arm
Communications Management
Change Management Arm
Organization Development
What could go wrong in businesses? [6] (HEFWHC)
Hire the wrong person for the job
Experience high turnover
Failure to optimize performance
Waste time with useless interviews
Have your firm in court because of discriminatory actions
Commit unfair labor practices
Change Management Arm
Organization Development
SHRM reduces cost and increases profit [6] (MEWATM)
Manpower is not misused or misdiscredited
Everyone does a day’s work for a day’s pay
Work is not interrupted
Accidents are reduced
Turnover is minimized
Materials and time are not wasted
Scope: Rank and File
Hours: Full-time
Place: Formal Setting
Service/Function: Few and simple
Strategies: Subjective, compartmentalized
Philosophy: People: Expense and factor of production
Personnel Management
Scope: All
Hours: Full-time, part-time, flexi
Place: Formal and Informal Setting
Service/Function: Varied and Complex
Strategies: Objective, Total Systems Approach
Philosophy: People: Investment and Resource
HRM
(Defensive HR)
COST – Compliance, Consistency,
Control
Administrative HR
(Offensive HR)
ASSET – Availability, Alignment, Adaptability
Strategic HR
Labor or Employees
Customers and Public
Stockholders / Owners
Triangle of Plenty
Highest pay and best working conditions
Labor or Employees