Podcast
Questions and Answers
What is the role of HR planning in organizations?
What is the role of HR planning in organizations?
HR planning helps organizations understand future employee needs.
What are the different types of employee compensations?
What are the different types of employee compensations?
- Salary and Hourly
- Fixed and Variable
- Direct and Indirect (correct)
- Benefits and Training
What are the four implicit HR objectives?
What are the four implicit HR objectives?
- Minimize risk, Optimize costs, Improve efficiency, Enhance operational excellence
- Develop talent, Foster innovation, Enhance employee engagement, Build a strong employer brand
- Increase profits, Enhance customer satisfaction, Expand market share, Reduce employee turnover
- Improve productivity, Improve quality of work, Ensure legal compliance, Ensure ethical behavior (correct)
Flashcards
Role of HR planning
Role of HR planning
Helps organizations understand future employee needs.
Types of employee compensation
Types of employee compensation
Direct (salary, hourly rate, bonuses) and Indirect (benefits, services, training).
Implicit HR objectives
Implicit HR objectives
- Improve productivity 2. Improve quality of work 3. Ensure legal compliance 4. Ensure ethical behavior.
HR's contribution to productivity
HR's contribution to productivity
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Moral Philosophy
Moral Philosophy
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Create a culture of ethics (6)
Create a culture of ethics (6)
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Trends influencing work environment
Trends influencing work environment
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Definition of culture
Definition of culture
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Shapers of organizational culture
Shapers of organizational culture
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Business knowledge for HR
Business knowledge for HR
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HR generalist
HR generalist
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HR specialist
HR specialist
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Purpose of SWOT analysis
Purpose of SWOT analysis
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Expectation of HR department
Expectation of HR department
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Difference between tactical and strategic work
Difference between tactical and strategic work
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Internal factor for firms
Internal factor for firms
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Ethical theories categories
Ethical theories categories
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Focus of deontological theory
Focus of deontological theory
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Focus of consequentialist theory
Focus of consequentialist theory
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First step in HR change initiative
First step in HR change initiative
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Concept of employee engagement
Concept of employee engagement
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Role of HR in diversity and inclusion
Role of HR in diversity and inclusion
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Performance management
Performance management
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Significance of succession planning
Significance of succession planning
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Workforce development
Workforce development
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Employment-at-will (EAW)
Employment-at-will (EAW)
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Consequences of employment at-will
Consequences of employment at-will
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Study Notes
HR Planning
- HR planning is essential for understanding future employee needs.
- Employee compensation includes direct (salary, bonuses) and indirect (benefits, training) components.
- Implicit HR objectives include improved productivity, quality of work, legal compliance, and ethical behavior.
- HR managers contribute to productivity through work organization and design.
- Moral philosophy involves principles, rules, and values guiding decisions about right and wrong.
Ethical Behavior
- A culture of ethical behavior is fostered through positive environments, ethical hiring, training, modeling, ethical codes, and open communication.
- Major trends influencing work environments are increased competition, HR cost/benefit considerations, productivity changes, rapid change pace/complexity, workplace dysfunction systems, and societal trends.
- Organizational culture is a system of shared beliefs and values guiding behavior.
- Top management values shape organizational culture and strategy.
HR Knowledge & Roles
- HR generalists provide guidance and support on human resource matters.
- HR specialists manage specific HR functions.
- Organizations need business and industry knowledge (strategic planning, financial statements, sales/marketing/production, data processing).
- SWOT analysis assesses internal strengths/weaknesses and external opportunities/threats.
- HR departments need to act as change agents.
Ethical Theories
- Ethical theories are categorized as consequentialist and deontological.
- Deontological theory uses rules to determine right from wrong, regardless of consequences.
- Consequentialist theory judges right or wrong based on the consequences of actions.
HR Change Initiatives
- Top management support is crucial for HR change initiatives.
- Employee engagement refers to employees' emotional commitment to the organization.
- HR fosters diversity and inclusion through policies and respect.
- Performance management creates an environment where employees meet company goals to the best of their ability.
- Succession planning ensures smooth transitions for key roles.
Workforce Development
- Workforce development enhances employee skills for current and future roles.
- Employment-at-will allows employers to terminate without consequences (generally).
- Employment-at-will exceptions include public policy, implied contract, and good faith.
- Implied contracts can arise from statements, handbooks, or procedures.
Diversity and Inclusion
- A diverse workforce fosters creativity and innovation.
- Diversity encompasses differences between people, while inclusion involves welcoming people and respecting their value as a team member.
- Laws like the Civil Rights Act prohibit discrimination based on race, color, religion, sex, and national origin.
- The Age Discrimination in Employment Act protects workers over 40.
- Religious discrimination is treating someone unfavorably due to religious beliefs.
Human Resource Planning
- Forecasting methods include statistical (linear regression, multiple regression, productivity/staff ratios, time series analysis, stochastic analysis) and judgmental methods (managerial estimates, Delphi technique, nominal grouping).
- HR planning phases include developing data, setting objectives, programming, and control/evaluation.
- Supply methods include succession planning and replacement planning.
- Demand forecasting might use time series analysis or statistical methods (linear/multiple regression).
- Attraction/reduction programs affect the organization's staff through the implementation of internal strategies.
Recruitment and Selection
- Recruitment generates applicant pools meeting legal and social needs.
- Effective recruiting uses organizations Web sites and other sources.
- Selection assesses applicant qualifications and determines the best fit.
- Job matching systems use job profiles and candidate profiles.
- Reliable selection instruments are consistent and stable.
- Valid selection instruments measure what they are designed to.
Training and Development
- Employee training corrects skill deficiencies, while development prepares employees for future roles.
- The ADDIE model (Analyze, Design, Develop, Implement, Evaluate) guides training program development.
Promotion and Transfer
- Promotion policies prefer employees with ability and potential.
- Unions may emphasize seniority for transfers/promotions.
- Job rotation allows employees experience broad responsibilities.
- Job postings announce open positions to all employees.
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