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ManagingHumanResources
LearningObjectivesLO1
Discusshowcompaniesusehumanresourcesmanagementtogaincompetitiveadvantage.LO2
Givereasonswhycompaniesrecruitbothinternallyandexternallyfornewhires.LO3
Understandvariousmethodsforselectingnewemployeesandequalemploymentopportunitylaws.LO4
Evaluatetheimportanceofspendingontraininganddevelopment.LearningObjectives(cont.)LO5
Explainalternativesforwhoappraisesanemployee’sperformance.LO6
Describethefundamentalaspectsofarewardsystem.LO7
Summarizehowunionsandlaborlawsinfluencehumanresourcesmanagement.HumanResourceManagementHumanresourcesmanagement(HRM)systemoforganizationalactivitiestoattract,develop,andmotivateaneffectiveandqualifiedworkforce.Alsoknownastalent,humancapital,orpersonnelmanagement.StrategicHumanResourcesManagementHRPlanningInvolves
ThreeStagesTheHRPlanningProcessDemandforecastsdetermininghowmanyandwhattypeofpeopleareneeded.Supplyoflaborhowmanyandwhattypesofemployeestheorganizationactuallywillhave.HRPlanningProcessFigure8.1Question Whattoolisusedfordeterminingwhatisdoneonagivenjobandwhatshouldbedoneonthatjob?JobdescriptionJobspecificationJobanalysisOccupationbreakdown
TheHRPlanningProcessJobanalysisAtoolfordeterminingwhatisdoneonagivenjobandwhatshouldbedoneonthatjob.StaffingtheOrganizationRecruitment
ThedevelopmentofapoolofapplicantsforjobsinanorganizationInternal,externalSelection
ChoosingfromamongqualifiedapplicantstohireintoanorganizationSelectionMethodsInterviewsBackgroundChecksPersonalityTestsInterviewsStructuredinterviewSelectiontechniquethatinvolvesaskingallapplicantsthesamequestionsandcomparingtheirresponsestoastandardizedsetofanswers.PerformanceTestsAssessmentcenterAmanagerialperformancetestinwhichcandidatesparticipateinavarietyofexercisesandsituations.ReliabilityandValidityReliabilityTheconsistencyoftestscoresovertimeandacrossalternativemeasurements.ValidityThedegreetowhichaselectiontestpredictsorcorrelateswithjobperformanceCriterion,contentValidityCriterion-relatedvalidityreferstothedegreetowhichatestactuallypredictsorcorrelateswithjobperformanceContentvalidityconcernsthedegreetowhichselectiontestsmeasurearepresentativesampleoftheknowledge,skills,andabilitiesrequiredforthejobSometimesEmployees
MustBeLetGoOutplacementTheprocessofhelpingpeoplewhohavebeendismissedfromthecompanyregainemploymentelsewhere.TerminationEmployment-at-willThelegalconceptthatanemployeemaybeterminatedforanyreason.AdviceonTerminationDogiveasmuchwarningaspossibleformasslayoffs.Dositdownoneononewiththeindividual,inaprivateoffice.Docompleteaterminationsessionwithin15minutes.Don’tallowtimefordebateduringaterminationsession.Don’tmakepersonalcommentswhenfiringsomeone.LegalIssuesandEqualEmploymentOpportunityAdverseimpactWhenaseeminglyneutralemploymentpracticehasadisproportionatelynegativeeffectonaprotectedgroup.U.S.EqualEmploymentLawsExhibit8.3U.S.EqualEmploymentLaws(cont.)Exhibit8.3TrainingandDevelopmentTrainingTeachinglower-levelemployeeshowtoperformtheirpresentjobs.DevelopmentHelpingmanagersandprofessionalemployeeslearnthebroadskillsneededfortheirpresentandfuturejobs.TrainingandDevelopmentNeedsassessmentAnanalysisidentifyingthejobs,people,anddepartmentsforwhichtrainingisnecessary.Percentageofcompaniesincreasing
spendingonspecifictrainingareasin2011Exhibit8.4TypesofTrainingOrientationtrainingTrainingdesignedtointroducenewemployeestothecompanyandfamiliarizethemwithpolicies,procedures,culture,andthelikeTeamtrainingTrainingthatprovidesemployeeswiththeskillsandperspectivestheyneedtocollaboratewithothers.TypesofTrainingDiversitytrainingProgramsthatfocusonidentifyingandreducinghiddenbiasesagainstpeoplewithdifferencesanddevelopingtheskillsneededtomanageadiversifiedworkforce.PerformanceAppraisalPerformanceappraisal(PA)Assessmentofanemployee’sjobperformance.TypesofAppraisalsPerformanceAppraisalManagementbyobjectives(MBO)Aprocessinwhichobjectivessetbyasubordinateandasupervisormustbereachedwithinagiventimeperiod.Question ___________istheprocessofusingmultiplesourcesofappraisaltogainacomprehensiveperspectiveonone’sperformance.360-degreeappraisalPeerappraisalContentappraisalEquityappraisal
PerformanceAppraisal360-degreeappraisalProcessofusingmultiplesourcesofappraisaltogainacomprehensiveperspectiveonone’sperformanceFactorsInfluencingtheWageMixInternalfactorsincludetheorganization’scompensationpolicy,theworthofeachjob,theemployee’srelativeworth,andtheemployer’sabilitytopayExternalfactorsincludeconditionsofthelabormarket,areawagerates,thecostofliving,theuseofcollectivebargaining,andlegalrequirementsPayStructureExhibit8.6EmployeeBenefitsCafeteriabenefitprogramAnemployeebenefitprograminwhichemployeeschoosefromamenuofoptionstocreateabenefitpackagetailoredtotheirneeds.FlexiblebenefitprogramsBenefitprogramsinwhichemployeesaregivencreditstospendonbenefitsthatfittheiruniqueneeds.PayandBenefitsMust
MeetLegalRequirementsComparableworthprincipleofequalpayfordifferentjobsofequalworthLaborRelatio
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