SHRM: Human Resource Flashcards
They are all the people who work for and contribute to the organization in one capacity or another. They make up for the company’s workforce.
Human Resource
Core HR SECTIONS (Facets)
Recruitment
Compensation and Benefits
Employee Relations
Training and Development
Workforce Safety
Legal Relations/ Compliance
It Includes recruitment strategies,
candidate evaluation, and making
informed hiring decisions to bring in
the right talent.
Acquisition
It Includes training programs, career
development initiatives, mentoring,
and continuous learning
opportunities.
Development
Creating a positive work
environment, recognizing employee
contributions, and implementing
strategies to increase employee
engagement and job satisfaction.
Motivation
It includes managing employee
relations, ensuring fair compensation
and benefits, addressing workplace
concerns, and creating a safe and
inclusive workplace culture.
Maintenance of Human Resources
2 Major Functions of HRM
- Basic Functions
- Operative Functions
What are under Basic functions?
Planning, Organizing, Staffing,
Leading, and Controlling
It’s about establishing goals and standards; developing rules and procedures; developing plans and forecasts
Planning
It’s about giving each subordinate a
specific task; establishing departments;
delegating authority to subordinates;
establishing channels of authority and
communication; coordinating the work of subordinates
Organizing
Determining what type of people should be hired; recruiting prospective employees; selecting employees; setting performance standards; compensating employees; evaluating performance; counseling employees; training and developing employees.
Staffing
Getting others to get the job done; maintaining morale; motivating
subordinates
Leading
Setting standards such as sales quotas, quality standards, or production levels; checking to see how actual performance compares with these standards; taking corrective action as needed
Controlling
OPERATIVE Functions
Employment, Employee Development, Compensation, Working Conditions and Welfare, Motivation, Employee Relations/Industrial Relations, Personnel Record Keeping, and Separation
This involves procuring and employing individuals with suitable knowledge, skills, experience, and aptitude necessary to perform various
jobs
Employment
- Process of improving, molding, and changing the knowledge and ability of an employee
HR Development
- It includes all the rewards that an employee receives during his or her job for his or her contributions to the organizat
Compensation
Process of providing employees the
working conditions so that they may like their work and workplace and maintain their efficiency.
Maintenance
- Process of integrating people into a work situation in a way that encourages them to perform/deliver to the best of their ability.
Motivation
It is concerned with collective bargaining, joint consultation, and settlement of disputes, if the need arises.
Employee Relations/ Maintaining Good Industrial Relations
It keeps full records of their training, achievements, employment movement, etc.
Record Keeping / Personnel Records
It ensures the release of retirement benefits to the retiring personnel in time.
Separation