Chapter 13 - Managing human resource systems Flashcards
(133 cards)
Human Resource Management
The process of finding, developing, and keeping the right people to form a qualified work force.
Four parts of the human resource management process:
- determining human resource needs
- attracting qualified employees
- developing qualified employees
- keeping qualified employees
Determining human resource needs
Human resource planning
Attracting qualified employees
- Recruiting
- Selection
Developing qualified employees
- Training
- Performance assessment
Keeping qualified workers
- Compensation
- Employee seperation
Human Resource Planning (HRP)
Using an organization’s goals and strategy to forecast the organization’s human resource needs in attracting, developing, and keeping a qualified work force.
Work-Force Forecasting
The process of predicting the number and kind of workers with specific skills and abilities that an organization will need in the future.
Two types of work-force forecasting
- internal forecasting
- external forecasting
Internal forecasting
projections about factors within the organization that affect the supply and demand for human resources.
- financial performance of the organization
- productivity
- the organization’s mission
- changes in technology or the way work is performed
- the termination, promotion, transfer, retirement, resignation and death of current employees
External forecasting
projections about factors outside the organization that affect the supply and demand for human resources.
- labour supply for specific types of workers
- the economy (unemployment rate)
- labour unions
- demographics of the labour force (proportion of labour force in various age groups)
- geographic movement of the labour force
- strength of competitors
- growth in particular businesses and markets
Three types of forecasting methods
- direct managerial input
- best guesses
- statistical/historical ratios
Direct managerial input
Forecasting method that is based on straightforward projections of cash flows, expenses, or financial measures, such as return on capital.
Best guesses
forecasting method based on manager’ assessment of current head count, plus a best guess of how internal factors and external factors would affect that head count.
Statistical/historical ratios
forecasting method uses statistical methods, such as multiple regression, in combination with historical data, to predict the number and kinds of workers a company should hire.
Human Resource Information Systems (HRIS)
Computerized systems for gathering, analyzing, storing, and disseminating information related to the HRM process. (attracting, developing, and keeping a qualified workforce.)
Transaction processing
A centralized computer system, often a mainframe, that records the thousands of routine daily transactions involved in running a business.
Data commonly used in HR information systems
- personal and educational data
- company employment history
- performance appraisal information
- work history
- promotions
Decision Support Systems (DSS)
Systems that help managers understand problems and potential solutions by acquiring and analyzing information with sophisticated models and tools.
Employment Legislation Challanges
- There is a lot of legislation that an employer has to comply with
- Legislation and how it is enforced changes often
Bona fide occupational qualification or requirement (BFOQ or BFQR)
The only time it is acceptable to hire someone based on gender, age, religion, and so on.
Employment relationship is regulated by:
Federal and provincial governments
Federal government has jurisdiction over:
Federally regulated industries such as banking, airlines, shipping and telecommunications
Provincial government has jurisdiction over:
Most companies that operate in a province. If they operate in more than one province, they would have to comply with legislation in each province.