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HRM Lec1
HRM Lec1
HRM Lec1
under valued
under trained
under utilized
poorly motivated, and consequently
perform well below their true capability
Human capital is essential to any
organization’s long-term performance
success.
Organizations perform better when they
◦ Work ethic
◦ Ambition and energy
◦ Knowledge
◦ Creativity
◦ Motivation
◦ Sincerity
◦ Outlook
◦ Curiosity
◦ Judgment and maturity
◦ Integrity
Major human resource management
responsibilities:
◦ Attracting a quality workforce
Human resource planning, recruitment, and selection
◦ Developing a quality workforce
Employee orientation, training and development, and
performance appraisal.
◦ Maintaining a quality workforce
Career development, work-life balance, compensation
and benefits, employee retention and turnover, and
labor-management relations.
Planning
Organizing
Staffing
Leading
Controlling
Planning
◦ Goals and standards
◦ Rules and procedures
◦ Plans and forecasting.
Organizing
◦ Tasks
◦ Departments
◦ Delegating
◦ Authority and communication
◦ Coordinating
Staffing
◦ Hiring
◦ Recruiting
◦ Selecting
◦ Performance standards
◦ Compensation
◦ Evaluating performance
◦ Counseling
◦ Training and developing
Leading
◦ Getting the job done
◦ Morale
◦ Motivation
Controlling
◦ Analyze standards
◦ Comparing actual performance to standards
◦ Corrective action
You often see phrases like these in the annual
reports of major businesses:
employees"
"The design, implementation and
maintenance of strategies to manage people
for optimum business performance"
Human Resource Management is the process of
acquiring, training, appraising, and
compensating employees and attending to their
labor relations, health and safety, and fairness
concerns.
Management process
◦ The five basic functions of planning, organizing,
staffing, leading, and controlling.
Human resource management (HRM)
◦ The policies and practices involved in carrying
out the “people” or human resource aspects of a
management position, including recruiting,
screening, training, rewarding, and appraising.
Hire the wrong person for the job
Experience high turnover
Have your people not doing their best
Have some employees think their salaries are unfair and
inequitable relative to others in the organization
Allow a lack of training to undermine your department’s
effectiveness
Commit any unfair labor practices
HR must take responsibility for:
◦ Clearly defining how management should be
treating employees.
◦ Making sure employees have the mechanisms
required to contest unfair practices.
◦ Represent the interests of employees within the
framework of its primary obligation to senior
management.
Recruiters
◦ Search for qualified job applicants.
Equal employment opportunity (EEO)
coordinators
◦ Investigate and resolve EEO grievances, examine
organizational practices for potential violations,
and compile and submit EEO reports.
Job analysts
◦ Collect and examine information about jobs to
prepare job descriptions.
Compensation managers
◦ Develop compensation plans and handle the
employee benefits program.
Training specialists
◦ Plan, organize, and direct training activities.
Labor relations specialists
◦ Advise management on all aspects of union–
management relations.