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38 Cards in this Set

  • Front
  • Back
All the activities involved in determining an organization's human resources needs, asl well as acquiring, training, and compensating people to fill those needs
Human Resources Management (HRM)
The determination, through observation and study, of pertinent information about a job--including specific tasks and necessary abilities, knowledge, and skills
Job analysis
A formal, written explanation of a specific job, usually including job title, tasks, relationship with other jobs, physical and mental skills required, duties, responsibilities, and working conditions
Job description
A description of the qualifications necessary for a specific job in terms of education, experience, and personal and physical characteristics
Job specification
The importance of human resources management
-Maximize employee satisfaction
-Motivate employees to organizational objectives
Forming a pool of qualified applicants from which management can select employees
Recruiting
The process of collecting information about applications and using that information to make hiring decisions
Selection
Process of selection
1. Application
2. Interview
3. Testing
4. Reference checking
Prohibits discrimination in employment and created the Equal Employment Opportunity Commission
Title VII of the Civil Rights Act
Steps of training
1. Orientation
2. Training and Development
Familiarizing newly hired employees with fellow workers, company procedures, and the physical properties of the company
Orientation
Teaching employees to do specific job tasks through either classroom development or on-the-job experience
Training
Training that augments the skills and knowledge of managers and professionals
Development
Occurs when employees quit or are fired and must be replaced by new employees
Turnover
Turnovers are important because
They result in:
-Lost productivity
-Fees to recruit
-Manament time devoted to interviewing
-Training costs
An advancement to a higher-level job with increased authority, responsibility, and pay
Promotion
A move to another job within the comany at essentially the same level and wage
Transfer
Employment changes involving resignation, retirement, termination, or layoff
Separations
A study that tells a company how much compensation comparable firms are paying for specific jobs that the firms have in common
Wage/salary survey
Financial rewards based on the number of hours the employee works or the level of output achieved
Wages
An incentive system that pays a fixed amount or a percentage of the employee's sales
Commission
A financial reward calculated on weekly, monthly, or annual basis
Salary
Monetary rewards offered by companies for exceptional performance as incentives to increase productivity further
Bonuses
A form of compensation whereby a percentage of company profits is distributed to the employees whose work helped to generate them
Profit Sharing
Nonfinancial forms of compensation provided to employees, such as pension plans, health insurance, paid vacation and holidays
Benefits
Employee organizations formed to deal with employers for achieving better pay, hours, and working conditions
Labor unions
The negotiation process through which management and unions reach an agreement about compensation, working hours, and working conditions for the bargaining unit
Collective bargaining
The formal, written document that spells out the relationhsip between the union and management for a specified period of time--usally two or three years
Labor contract
A public protest against management practices that involves union members marching and carrying antimanagement signs at the employer's plant
Picketing
Employee walkouts; one of the most effective weapons labor has
Strikes
An attempt to keep people from purchasing the products of a company
Boycott
Management's version of a strike, wherein a work site is closed so that employees cannot go to work
Lockout
People hired by management to replace striking employees; called "scabs" by striking union members
Strikebreakers
A method of outside resolution fo labor and management differences in which a third party is brought in to keep the two sides talking
Conciliation
A method of outside resolution of labor and management differences in which the third party's role is to suggest or propose a solution to the problem
Mediation
Settlement of a labor/managment dispute by a third party whose solution is legally binding and enforceable
Arbitration
The participation of different ages, genders, races, enthicities, nationalities, and abilities in the workplace
Diversity
Legally mandated plans that try to increase job opportunities for minority groups by analyzing the current pool of workers, identifying areas where women and minorities are underrepresented, and establishing specific hiring and promotion goals, with target dates, for addressing the discrepancy
Affirmative action programs