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Questions and Answers
What is the primary goal of Compensation Management?
What is the primary goal of Compensation Management?
To reward employees fairly, equitably, and consistently based on their value to the organization.
List two key components of Employee Relations.
List two key components of Employee Relations.
Promotion and demotion.
What does Labour Relations involve?
What does Labour Relations involve?
The process of decision-making between employers, employees, management, and unions regarding work conditions.
Name one act included in Labour Legislation in Barbados.
Name one act included in Labour Legislation in Barbados.
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How does 'Safety' differ from 'Health' in the workplace context?
How does 'Safety' differ from 'Health' in the workplace context?
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What are two activities included in Employee Relations?
What are two activities included in Employee Relations?
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What is meant by 'total compensation' for employees?
What is meant by 'total compensation' for employees?
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What is the significance of disciplinary action in Employee Relations?
What is the significance of disciplinary action in Employee Relations?
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What is the role of HR professionals in terms of leadership?
What is the role of HR professionals in terms of leadership?
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List the key phases of human resource management.
List the key phases of human resource management.
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What is the primary focus of Human Resource Management?
What is the primary focus of Human Resource Management?
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List two key objectives of Human Resource Management.
List two key objectives of Human Resource Management.
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What does SHRM stand for and what does it involve?
What does SHRM stand for and what does it involve?
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How do HR professionals act as Employee Advocates?
How do HR professionals act as Employee Advocates?
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Explain the significance of strategic planning in HR.
Explain the significance of strategic planning in HR.
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What does the term 'Human Capital Developers' refer to in HR roles?
What does the term 'Human Capital Developers' refer to in HR roles?
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Identify two HR functions associated with employee development.
Identify two HR functions associated with employee development.
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What is the purpose of job analysis in HR?
What is the purpose of job analysis in HR?
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Explain what is meant by HR professionals as Strategic Partners?
Explain what is meant by HR professionals as Strategic Partners?
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How does HR ensure employee commitment?
How does HR ensure employee commitment?
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What is a significant outcome expected from effective HR management?
What is a significant outcome expected from effective HR management?
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What role does recruitment play in HR management?
What role does recruitment play in HR management?
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Why is recognition of HR at the strategic level important?
Why is recognition of HR at the strategic level important?
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Name one impact of linking rewards and incentives to performance in HRM.
Name one impact of linking rewards and incentives to performance in HRM.
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What is human resource planning and why is it important for an organization?
What is human resource planning and why is it important for an organization?
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What are job analysis and its key components?
What are job analysis and its key components?
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Define recruitment and its objectives within an organization.
Define recruitment and its objectives within an organization.
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What is the selection process in human resources?
What is the selection process in human resources?
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Differentiate between training and development.
Differentiate between training and development.
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What is the role of performance management in an organization?
What is the role of performance management in an organization?
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Explain the significance of performance appraisal in employee evaluation.
Explain the significance of performance appraisal in employee evaluation.
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Why is systematic training and development essential in today's business environment?
Why is systematic training and development essential in today's business environment?
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Study Notes
Human Resource Management (HRM)
- HRM is a strategic approach to managing employment relations. It emphasizes leveraging employee capabilities for competitive advantage.
- A key aspect of HRM is maximizing employee performance to support an employer's strategic goals.
- HRM involves a range of programmes, functions, and activities aimed at maximizing both employee and organizational effectiveness.
Objectives of HRM
- Increased employee competencies and commitment
- Increased flexibility and innovation
- Improved employee effectiveness and efficiency
- Rewards and incentives linked to performance
- Recognition for HRM at the strategic level
- Employee satisfaction, self-actualization, and motivation
Evolution of HRM Roles (1990-2005)
Mid 1990s | Mid 2000s |
---|---|
Employee Champion | Employee Advocate, Human Capital Developer |
Administrative Expert | Functional Expert |
Strategic Partner | Strategic Partner |
Change Agent | Leader |
Emerging Roles for HR Professionals
- Employee Advocate
- HR Leader
- Functional Expert
- Strategic Partner
- Human Capital Developer
Ulrich Roles of HR Professionals
- Employee Advocates ensure a reciprocal employer-employee relationship.
- Human Capital Developers build the workforce of the future.
Human Capital
- Human capital includes knowledge, creativity, wisdom, judgment, experience, abilities, skills, education, and training.
Roles of HR Professionals
- Functional Experts design and deliver HR practices ensuring individual competence and organizational capability.
- Strategic Partners help line managers achieve their goals.
- Leaders tie together all aspects, exhibiting genuineness and credibility within and outside HR functions.
Competencies for HR Professionals
- SHRM Competency Model: Communication, Relationship Management, Consultation, Leadership & Navigation, Global & Cultural Effectiveness, Critical Evaluation, Ethical Practice, HR Expertise, Business Acumen.
2016 HR Competency Model
- Ulrich Competencies: Culture and Change Champion, Human Capital Curator, Total Rewards Steward, Strategic Positioner, Paradox Navigator, Compliance Manager, Analytics Designer & Interpreter, Credible Activist, Technology & Media Integrator.
Overview of the Seven Rounds of Research
- Rounds (1987-2016) cover different aspects of business knowledge, HR delivery, HR technology, operations, and change culture.
Ulrich HR Competencies (2021)
- Accelerates business, Simplifies complexity, Advances human capability, Mobilizes information, Fosters collaboration.
Phases of Human Resource Management
- Environmental scanning: Analyzing environmental changes and developing appropriate strategies.
- Acquisition: HR planning, job analysis, recruitment, selection, orientation, and socialization
- Development: Training employees; management and career development.
- Motivation and Maintenance/Retention: Job design, performance management, appraisals, rewards, compensation, and job evaluation; ensures employee commitment, safety, and health; addresses employee relations and industrial relations.
HRM Functions
- Strategic HRM
- Strategic Planning
- HR Planning
- Training & Development
- Performance Management
- Compensation Management
- Job Analysis
- Recruitment
- Selection
- Employee Relations
- Industrial Relations
- Occupational Safety & Health
Strategic Human Resource Management (SHRM)
- Links HRM with strategic goals to achieve business performance and foster innovation.
- Defines HRM as a strategic partner in formulating and implementing company strategies.
Strategic Planning
- Determines organizational purposes and objectives; an ongoing process to gain a competitive advantage.
Human Resource Planning
- Assesses demand and supply of future human resources to determine numbers and skills (KSAs) of employees needed.
- Performed by both line and HR managers.
Job Analysis
- Gathering, analyzing, and synthesizing information about jobs to develop job descriptions and specifications for HR planning, recruitment, and selection.
Recruitment
- Attracting job candidates with necessary abilities, skills, experiences, attitudes, and competencies to help the organization achieve its objectives.
- Strategies attract the right people, with the right skills, at the right time.
Selection
- Choosing the best-suited applicant from a group for a particular position and organization.
- Involves programmes to identify applicants likely to meet organizational performance standards.
Training & Development
- Provides knowledge and skills for present jobs, and involves learning that goes beyond the present job, enabling long-term focus on preparing employees for dynamic changes in the organization.
Performance Management
- A goal-oriented process ensuring organizational processes maximize employee, team, and organizational productivity.
Performance Appraisal
- A formal system reviewing and evaluating individual or team performance on a continual basis.
Compensation Management
- Formulates and implements compensation and reward strategies to reward employees fairly, equitably, and consistently to achieve organizational strategic goals.
Employee Relations
- HRM activities associated with employee movement within the organization, encompassing promotion, transfer, demotion, resignation, layoffs, and retirement. Discipline and disciplinary actions are crucial.
Labour Relations
- The process between management, employees, and unions to make decisions about wages, working conditions, hours of work, safety at work, security, and grievances.
Labour Legislation (Barbados)
- Employment Rights Act, Employment of Women (Maternity Leave) Act, Protection of Wages, Severance Payments Act, Trade Unions Act, Employment Sexual Harassment (Prevention) Act, Safety and Health at Work, Holiday with Pay Act.
Safety & Health
- Protecting employees from work-related injuries, including factors like musculoskeletal disorders, stress injuries, and workplace violence.
- Health refers to employees' freedom from physical or emotional illness.
HRM is Nothing More Than Old Wine in a New Bottle
- HRM is a concept that has been around, and the practices are still relevant.
Group Discussion
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Description
This quiz covers the essential concepts and objectives of Human Resource Management (HRM). It explores the evolution of HRM roles from the 1990s to the mid-2000s, highlighting the importance of employee capabilities and organizational effectiveness. Test your understanding of HRM strategies and their impact on performance and employee satisfaction.