3/17/2022

HUMAN RESOURCE MANAGEMENT

L E C T U R E R : T H U Y . P H A M @ V N U K . E D U . V N

HUMAN RESOURCE MANAGEMENT

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HUMAN RESOURCE MANAGEMENT

The process of acquiring, training, appraising, and compensating
employees, and of attending to their labor relations, health and safety, and
fairness concerns.

WHY DOES IT EXIST?

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WHAT HAPPEN?

WHAT HAPPEN?

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COMPONENTS OF TODAY HRM

(1) Distributed HR:
• HRM tasks are being distributed from a central HR department to employees
and line managers.
• Line managers take more HRM responsibilities.
• HR managers focus on HR strategy.
(2) Strategic HRM:
• HR policies and practices that produce the employee competencies and
behaviors the company needs to achieve strategic aims
(3) Performance:
• HR and performance measurement
• HR and evidence-based management
• HR and adding value

COMPONENTS OF TODAY HRM

(4) Sustainability:
• Not only focus on profits, but also environmental and social performance
(5) Employee Engagement
• The extent to which employees are psychologically involved in, connected to,
and committed to getting their job done
(6) Ethics:
• The principles of conduct governing an individual or a group; specially, the
standards to decide what your conduct should be

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TRENDS SHAPE HRM PRACTICES

Globalization

Economic Technology

Trends shaping
HR practices

Workforce
demographic Nature of work

Workforce
diversity

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TRENDS SHAPE HRM PRACTICES

(1) Globalization
• Development of global markets
• Managing global workforce mobility
• International competition → more pressure to be “world class”—to lower costs
(2) Technology
• Social media
• Mobile applications
• Cloud computing
• Data analytics
• Artificial intelligence

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TRENDS SHAPE HRM PRACTICES

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TRENDS SHAPE HRM PRACTICES

(3) The nature of work
• High-Tech jobs
• Service jobs
• Knowledge work and human capital
• On-demand workers
(4) Workforce demographic
• Aging workforce
• Retirees
• Generation Y
(5) Economic trends
• Labor force participation rate is falling
• Unbalanced labor force

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HR METRICS

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METRICS

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EQUAL OPPORTUNITY
& THE LAW

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THANK YOU

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