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Com 502 - Chapter 1
Com 502 - Chapter 1
Departure
HUMAN RESOURCE MANAGEMENT (HRM) - Exit from the company or corporation
- The process of managing human talent to achieve an - Detachment or Exit from the Firm
organization’s objectives
[Organizational Chart – Blueprint – Ranking
- Importance: Having a good understanding of human Relationship]
resources management is important for managers and
entrepreneurs of all types FRAMEWORK OF HUMAN RESOURCE
MANAGEMENT PROCESS
- All managers are responsible for some activities that
fall into the category of human resources management.
Stakeholder- Interest in an organization
Shareholders- Subscribe Capital, Investors
- “Hire the right person” - How much salary, wages, bonuses, commissions, and
other performance-related pay to offer
WHAT IS HIGH-PERFORMANCE WORK
SYSTEM? - Which benefits to offer and how much of the cost will
be shared by employees
- An organization in which technology, organizational
structure, people, and processes all work together to give EMPLOYEE RELATIONS
an organization a competitive advantage.
- Organizations depend on HR professionals to help
SOP – Standard Operating Procedure maintain positive relations with employees
- Process of defining the way work will be performed COMPETENCIES FOR HR PROFESSIONALS
and the tasks that a given job requires.
RECRUITMENT AND SELECTION
RECRUITMENT
- The process through which the organization seeks
applicants for potential employment.
SELECTION
- The process by which the organization attempts to
identify the right applicants.
TRAINING AND DEVELOPMENT
TRAINING EMPLOYEES
- A planned effort to enable employees to learn job-
related knowledge, skills, and behavior.
DEVELOPMENT
- Acquisition of knowledge, skills, and behaviors that
improve an employee’s ability to meet changes in job
requirements and in customer demands. SUPERVISORS’ INVOLVMENT IN HRM
PERFORMANCE MANAGEMENT
- The process of ensuring that employees’ activities and
outputs match the organization’s goals.
PLANNING PAY & BENEFITS
INTRODUCTION TO HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT
COM 502 l University of Santo Tomas College of Commerce and Business Administration