hr influences and strategies manus Flashcards

(32 cards)

1
Q

Stakeholders

A

Groups or individuals who control or are impacted by an organization’s decisions and actions.

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2
Q

SEWA SET

A

Social, Economic, Work, Aspirational, Spiritual, Environmental, Technological factors that influence the organization.

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3
Q

Internal Stakeholders

A

Employees, managers, shareholders, board members, and other employees.

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4
Q

External Stakeholders

A

Customers, suppliers, creditors, banks, competitors, government, and society at large.

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5
Q

Social Responsibility

A

How a company manages its business processes to produce an overall positive impact on society.

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6
Q

Economic Influences

A

Market conditions, inflation, unemployment rates, and economic growth affecting HR decisions.

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7
Q

Legal Environment

A

Employment laws, regulations, and compliance requirements that shape HR policies.

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8
Q

Technological Changes

A

How advances in technology impact workforce planning, job design, and HR operations.

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9
Q

Leadership Style

A

Autocratic (directive and controlling), Democratic (involving others in decision-making), Laissez-faire (delegating authority).

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10
Q

Job Design

A

How tasks, duties and responsibilities are organized to create jobs and satisfy employee needs.

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11
Q

Motivation

A

Factors that drive employee behavior toward achieving organizational goals.

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12
Q

Performance Management

A

Process of creating a work environment where people can perform to the best of their abilities.

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13
Q

Reward Systems

A

Financial and non-financial incentives to motivate employees and improve performance.

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14
Q

Talent Management

A

Strategic approach to attracting, developing, and retaining high-performing employees.

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15
Q

Succession Planning

A

Process of identifying and developing potential future leaders to fill key positions.

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16
Q

Work-Life Balance

A

Strategies to help employees manage their work and personal responsibilities.

17
Q

Diversity & Inclusion

A

Initiatives to create a workplace that values and leverages differences among employees.

18
Q

Contract Law

A

Legal framework that governs employment relationships, including rights and obligations of employers and employees.

19
Q

Employment Agreement

A

Formal document outlining the terms and conditions of employment between employer and employee.

20
Q

Full-time Employment

A

Employment status where an employee works a standard number of hours (typically 35-40 hours per week).

21
Q

Part-time Employment

A

Employment status where an employee works fewer hours than a full-time employee.

22
Q

Casual Employment

A

Employment relationship where an employee has no guaranteed hours of work and works on an as-needed basis.

23
Q

Fixed-term Contract

A

Employment agreement that ends on a specified date or when a specific task is completed.

24
Q

Probationary Period

A

Initial period of employment during which the employer evaluates the employee’s suitability for the position.

25
Notice Period
Time between notification of employment termination and the last day of work.
26
Termination Clause
Contract provision that outlines how employment can be ended and what compensation may be due.
27
Non-compete Clause
Contract provision that restricts an employee from working for competitors for a specified period after leaving.
28
Confidentiality Agreement
Contract provision requiring employees to keep certain company information private.
29
Benefits
Additional compensation provided to employees beyond salary, such as health insurance, retirement plans, and paid time off.
30
Salary vs. Wage
Salary is a fixed regular payment (typically annual), while wage is payment based on hours worked.
31
Minimum Wage
Lowest wage rate an employer can legally pay employees as established by law.
32
Overtime Pay
Additional compensation for hours worked beyond the standard workweek.