Glossary of HR terms Term Absolute ratings Definition A rating method where the rater assigns a specific value on a fixed scale to the behavior or performance of an individual instead of assigning ratings based on comparisons between other individuals. The Accident Compensation Corporation Accident compensation Affirmative action Also : Positive discrimination. Carried out on behalf of women and disadvantaged groups and members of such groups are placed in dominant positions. Appraisal Attrition
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Chapter Two HRM Roles at Different Level The roles‚ functions and strategies of HRM are many and varied‚ and depend heavily on the nature of organizations‚ the vision and skills of practitioners‚ and changes in the external environments of organizations. These aspects will be discussed in greater detail in subsequent chapters‚ but such features as organizational size‚ history and ownership‚ government legislation and political factors have a significant impact on the ways in which practitioners
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1. Which of the following statements about common law is true? a) It is a wrongful act‚ damage‚ or injury done willfully. b) It is enacted by legislation c) It is found everywhere but is not backed by the EEOC d) It is based on a history of court decisions and customs. 2. Right to work laws allow states to: a) Establish emergency strike provision when a strike threatens public welfare b) Maintain a list of arbitrators to in contract settlement c) Pay less than federal minimum wages d)
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performance‚ we found that most traditional HR metrics—such as employee turnover rate‚ average time to fill open positions‚ and total hours of training provided—don’t predict organizational performance. (One important exception is training expenditure per employee‚ as we described in our Forethought article “How’s Your Return on People?” HBR March 2004.) After selecting the HCM best practices that had been previously identified in organizational-development‚ HR‚ and economics
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changes by scheduling a mandatory company meeting. At the meeting‚ JetPack employees should be given a copy of the new policy. The new policy should be explained in detail and any questions from employees should be answered by company managers or the HR department. 2. What effect will a pay-per-performance salary policy have on employees? Explain. The Pay-per-performance salary policy will raise productivity among the employees at JetPack Electronics. It will also lower the labor costs at JetPack
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Core competencies an essential method for the company. It helps to develop the competitive advantage over other companies. The actual sources of advantage are to be found in the management’s capability to combine business varied technologies and production skills onto competencies that authorize and enable individual businesses to adapt rapidly to shifting opportunities. In short‚ core competencies are the combined learning in the organization‚ particularly how to organize various production skills
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Human Resource Management (HRM) is defined as a management function that deals with the recruitment‚ management‚ and development of employees in order to maximize their potential and roles in the company or organization. Not only is it utilized in personnel management but also in manpower‚ organizational‚ and industrial management. It is previously referred to as personnel management. Its functions include: Job analysis and planning‚ determining the specific personnel needs of a certain job.
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HR SWOT Examples mainly in Recruitment The SWOT Analysis commonly used tool for identifying gaps and potential for improvement. The SWOT Analysis is very easy to conduct and the explanation of the whole exercise does not consume a lot of time. The SWOT Analysis was first used by the marketing guys so it is really a very simple tool. In HRM Management the HR SWOT Analysis is used mainly in the following areas: recruitment talent management The HR SWOT Analysis is the most
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of Business‚ Concordia University‚ Montreal. Cook‚ J. (2000)‚ “My Soul‚ It’s the New Company Store: More than Coffee Perks in Tight Job Market”‚ Seattle Post-Intelligencer‚ March 8‚ LexisNexis‚ Reed Elsevier. “Compensation & Benefits News”‚ (2000)‚ HR Focus‚ May‚ Lexis-Nexis‚ Reed Elsevier Czaplewski‚ A. J.‚ Fersuon‚ J. M. & Milliman‚ J. F. (2001)‚ “Southwest Airlines: How Internal Marketing Pilots Success”‚ MM‚ September/October‚ pp.14-17 Eaton‚ J. (2001)‚ Globalization and Human Resource in the
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Management HR and the practice of Management 1. Evaluate the strategic choices that Qantas has from both a theoretical and practical perspective‚ and examine how these choices affect human resource planning. 2. If you were in a position to advise Alan Joyce‚ what would you recommend he does to maintain the commitment to employees and implement HR Planning? Explain your recommendations. Name: HE CHEN Fin No: G1173124X Batch NO: CBM2 1476B Lecture: Mr. John Neo Due Date: 12 March 2015 Word Count:
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