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35 Cards in this Set

  • Front
  • Back
Human Resources Management
Designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals
Core Competency
A unique capability that creates high value and differentiates an organization from its competition.
HR Management Functions
HR Management Functions
Strategic HR Management
Compliance
Staffing
Talent Management and Development
Total Rewards: Compensation & Benefits
Risk Management and Worker Protection
Employee and Labor Relations
Organizational Culture
: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.
Productivity
A measure of the quantity and quality of work done, considering the cost of the resources used
Unit Labor Cost
A measure of HR productivity computed by dividing the average cost of workers by their average levels of output.
Improving Organizational Productivity
Ethical Behavior and Culture
:Written code of ethics and standards of conduct
:Employee training on ethical behaviors
:Advice to employees on ethical situations
:Confidential reporting of ethical problems
Current HR Challenges
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
Hourly Compensation Costs for Manufacturing Production Workers
Human Resource Management System (HRMS)
:An integrated system providing information used by HR management in decision making.
:PeopleSoft, Oracle, Kronos,
Purposes of HRMS Data Collection
: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
HR Management Roles Administrative
Practices and procedures
Compliance, forms, record keeping
HR Management Roles Strategic
Organizational/business strategy
HR strategic planning
HR effectiveness
HR Management Roles Operational
Employee/labor relations
Employee advocate
Strategy
The proposition that an organization follows for how to compete successfully and thereby survive and grow.
Strategic HR Planning
Providing input into organizational strategic planning and developing specific HR initiatives to help achieve the firm’s goals
SWOT Analysis
An assessment of the firm and the environmental forces: an analysis of its internal strengths and weaknesses, its external opportunities and threats.
HR & Organizational Effectiveness
Training & Development
Compensation (incentive / flexible compensation)
Employee engagement
Staffing
Talent management
Flexible work arrangements
Environmental Scanning
The assessment of internal and external environmental conditions that affect the organization
Workforce Demographics
Age
Seniority
Turnover analysis
Exit interviews
Employee engagement
Surveys
Focus groups
Succession Planning
The process of identifying a plan for the orderly replacement of key employees.
Cultural Compatibility
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.
HR’s Role in Mergers and Acquisitions
Communicating decisions
Revising the organization structure
Merging HR activities
HR Activities during Mergers and Acquisitions
Managing a Talent Surplus
Legal Considerations for Workforce Reductions
Severance Benefits
COBRA Coverage
OWBPA
Warn Act
Managing a Talent Shortage
Technology Challenges
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
HR Metrics
Specific measures tied to HR performance indicators.
Development and use of metrics that can better demonstrate HR’s value and track its performance.
Benchmarking
Comparing specific measures of performance to an industry standard or best practices in other “best-in-class” organizations.
HR Audit
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