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35 Cards in this Set
- Front
- Back
Human Resources Management
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Designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals
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Core Competency
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A unique capability that creates high value and differentiates an organization from its competition.
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HR Management Functions
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HR Management Functions
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Strategic HR Management
Compliance Staffing Talent Management and Development Total Rewards: Compensation & Benefits Risk Management and Worker Protection Employee and Labor Relations |
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Organizational Culture
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:Are the shared values and beliefs in an organization.
:Is the internal “climate” of the organization that employees, managers, customers, and others experience. :Positively affects service and quality, productivity, and financial results when aligned with HR values and organizational goals. :Is affected by differences in cultural dimensions from country to country and even within countries. |
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Productivity
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A measure of the quantity and quality of work done, considering the cost of the resources used
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Unit Labor Cost
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A measure of HR productivity computed by dividing the average cost of workers by their average levels of output.
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Improving Organizational Productivity
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Ethical Behavior and Culture
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:Written code of ethics and standards of conduct
:Employee training on ethical behaviors :Advice to employees on ethical situations :Confidential reporting of ethical problems |
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Current HR Challenges
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1. Organizational Cost Pressures and Restructuring
2. Economics and Job Changes :Talent management :Occupational shifts :Workforce availability and quality :Growth of contingent workforce 3. Globalization of Organizations and HR 4. Workforce Demographics and Diversity |
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Hourly Compensation Costs for Manufacturing Production Workers
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Human Resource Management System (HRMS)
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:An integrated system providing information used by HR management in decision making.
:PeopleSoft, Oracle, Kronos, |
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Purposes of HRMS Data Collection
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:Administrative and operational efficiency in :
Automation of payroll and benefit activities EEO/affirmative action tracking Web-based communication with employees :Availability of data for HR strategic planning & decision making Succession Planning Talent Management |
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HR Management Roles Administrative
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Practices and procedures
Compliance, forms, record keeping |
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HR Management Roles Strategic
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Organizational/business strategy
HR strategic planning HR effectiveness |
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HR Management Roles Operational
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Employee/labor relations
Employee advocate |
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Strategy
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The proposition that an organization follows for how to compete successfully and thereby survive and grow.
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Strategic HR Planning
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Providing input into organizational strategic planning and developing specific HR initiatives to help achieve the firm’s goals
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SWOT Analysis
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An assessment of the firm and the environmental forces: an analysis of its internal strengths and weaknesses, its external opportunities and threats.
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HR & Organizational Effectiveness
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Training & Development
Compensation (incentive / flexible compensation) Employee engagement Staffing Talent management Flexible work arrangements |
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Environmental Scanning
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The assessment of internal and external environmental conditions that affect the organization
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Workforce Demographics
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Age
Seniority |
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Turnover analysis
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Exit interviews
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Employee engagement
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Surveys
Focus groups |
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Succession Planning
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The process of identifying a plan for the orderly replacement of key employees.
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Cultural Compatibility
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The extent to which such factors as decision-making styles, levels of teamwork, information-sharing philosophies, and the formality of the two organizations are similar.
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HR’s Role in Mergers and Acquisitions
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Communicating decisions
Revising the organization structure Merging HR activities |
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HR Activities during Mergers and Acquisitions
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Managing a Talent Surplus
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Legal Considerations for Workforce Reductions
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Severance Benefits
COBRA Coverage OWBPA Warn Act |
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Managing a Talent Shortage
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Technology Challenges
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Effect on Work and Organizations
Effect on Work Processes Effect on Communication Effect on HR Activities Rewards and Recognition Staffing and Selection Training and Development |
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HR Metrics
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Specific measures tied to HR performance indicators.
Development and use of metrics that can better demonstrate HR’s value and track its performance. |
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Benchmarking
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Comparing specific measures of performance to an industry standard or best practices in other “best-in-class” organizations.
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HR Audit
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A formal research effort that evaluates the current state of HR management in an organization
Audit areas: Staffing Compensation Health and safety Legal compliance Administrative processes and recordkeeping Employee retention Benefits |