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Category: Business and Industry
Date Submitted: 02/25/2015 01:29 AM
Chapter 1: Introduction to HRM
Human Resource Management (HRM)?
The policies and practices involved in carrying out the “people” or human resource aspects of a management position, including recruiting, training, appraising, and compensating employees, and of attending to their labor relations, health & safety, and fairness concern.
Human Resource Management is the process of acquiring, training, appraising and compensating employees, and attending to their labor relations, health and safety, and fairness concerns.
❖ One aspect of the Management Process (planning, Organizing, Staffing, Leading, & Controlling)
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Basic HR Concepts
• HR creates value by engaging in activities that produce the employee behaviors that the company needs to achieve its strategic goals.
Personnel Aspects of a Manager’s Job
• Conducting job analyses (determining the nature of each employee’s job)
• Planning labor needs and recruiting job candidates
• Selecting job candidates
• Orienting and training new employees
• Managing wages and salaries (compensating employees)
• Providing incentives and benefits
• Appraising performance
• Communicating (interviewing, counseling, disciplining)
• Training and developing managers
• Building employee commitment
And a Manager should know about:
❖ Equal opportunity & affirmative action
❖ Employee health & safety
❖ Handling grievances and labor relations
Why HRM Important to all Managers
• Hire the wrong person for the job
• Experience high turnover
• Have your people not doing their best
• Waste time with useless interviews
• Have your company in court because of discriminatory actions
• Have your company cited by labor court for unsafe practices
• Have some employees think their salaries are unfair and inequitable relative to others in the organization
• Allow a lack...