WEEK 2. TOPIC 1. THE WORLD OF HUMAN RESOURCE MANAGEMENT

Question 1

What is the importance of Human Resource Management?

Answer 1

Human resources management is a very important function in every organization. Without human resources management, companies would not be able to effectively recruit and retain employees, improve and enhance the organization, and they wouldn’t be able to maintain a healthy, accepting workplace culture and environment.

Question 2

It is a FORMAL PRACTICE OF MANAGING PEOPLE to achieve better performance.

Answer 2

Human Resource Management

Question 3

Hires people who fits the company’s culture so they will be happier, stay longer in the company and be more productive.

Answer 3

HRM

Question 4

Manages the hiring and staffing of people to various offices

Answer 4

HRMO

Question 5

They are the one’s who build the company.

Founder

Answer 5

CEO Chief executive officer

Question 6

Office department

Answer 6

Admin
Finance
Marketing
Production
Logistics
HRMO

Question 7

HRM flow

Answer 7

Rewind
Product ➡️ sell (profitable) ➡️ EXPAND ➡️ build a company=CEO ➡️ office department ➡️ mass production & mass sales

Question 8

7 HR BASICS

Answer 8

1. RECRUITMENT AND SELECTION
2. PERFORMANCE MANAGEMENT
3. Learning and development
4. SUCCESSION PLANNING
5. COMPENSATION BENEFITS
6. HUMAN RESOURCE INFORMATION SYSTEM
   7.HR Data Analysis

Question 9

These are the basic functions of an HR Manager/ Personnel Manager

Answer 9

7 HR BASICS

Question 10

The PROCESS OF MENTORING junior staff by senior employee so in the event of retirement, transfer, termination of contract etc. by senior employee, the junior employee can assume the position.

Answer 10

SUCCESSION PLANNING

Question 11

The PROCESS OF IDENTIFYING GAPS of individual employees and addressing these gaps by subjecting them to trainings, seminars and education package to improve efficiency and productivity.

Answer 11

LEARNING AND DEVELOPMENT

Question 12

The PROCESS OF RATING the individual performance of employees and managing their talent and skills for promotion

Answer 12

PERFORMANCE MANAGEMENT

Question 13

The PROCESS OF POSTING AVAILABLE JOBS, Interviewing and selection and hiring of qualified applicant

Answer 13

RECRUITMENT AND SELECTION

Question 14

COLLECTION OF TALENTS AND APPLICATION to improve critical talent and business outcomes.

Answer 14

HR Data Analysis

Question 15

System used to collect and store data on an organization’s employees i.e., name, address age, salary, benefits…

Answer 15

HUMAN RESOURCE INFORMATION SYSTEM

Question 16

RETENTION POWER. It is the salaries, bonuses, incentives and other benefits that the employee enjoys in the entire length of this employment.

Answer 16

COMPENSATION BENEFITS

Question 17

ADDITIONAL FUNCTIONS OF HR:

Answer 17

1. COMPLIANCE
2. SAFETY AND HEALTH
3. EMPLOYEE AND LABOR RELATIONS

Question 18

is about ensuring the safety and health of its employee’s welfare and security of its people.

Answer 18

Safety and health

Question 19

focuses on the RELATIONSHIP of the EMPLOYEES AND THE ORGANIZATION and with each other.

Answer 19

EMPLOYEE AND LABOR RELATIONS

Question 20

DOING WHAT IS ASKED OR REQUIRED by Law or the Civil Service Commission, DOLE etc.

Answer 20

COMPLIANCE