L1 Flashcards
(47 cards)
a strategic approach to
managing employment relations which emphasis that leveraging
people’s capabilities is critical to achieving sustainable competitive
advantage, this being achieved through a distinctive set of integrated
employment policies, programmes and practices (Bratton & Gold,
2007).
Human Resource Management (HRM)
Orientations towards:
Personnel Management
Employment Relationship
viewing its role as proactive,
system-wide interventions, linking HR, with strategic planning
and cultural change
Personnel Management
embracing distinctive people-centered
values such as trust, commitment, involvement and collaboration
Employment Relationship
Characteristics of HRM
● The attempt to achieve the strategic ‘fit’ or integration between HR
and business planning;
● The development of coherent, mutually-supporting HR policies and
practices
● An orientation towards commitment
● The treatment of people as assets rather than costs: HUMAN
CAPITAL
● A unitarist approach to employee relations, which assumes that there
need be no inherent conflict of interest between employers and
employees.
● The responsibility of line management for delivery of HRM objectives.
The attempt to achieve the ____ or ____ between HR
and business planning
strategic ‘fit’ or integration
The development of coherent, mutually-supporting _____ and ___
HR policies and practices
An orientation
commitment
The treatment of people as assets rather than costs
HUMAN
CAPITAL
A ____ to employee relations, which assumes that there
need be no inherent conflict of interest between employers and
employees.
unitarist approach
The responsibility of line management for delivery of ___
HRM objectives.
GOALS OF HRM
● Strategic integration
● High commitment
● High Quality
The Role of HRM
Staffing
Development of Workplace Policies
Compensation and Benefits administration
Retention
Training and Development
Dealing with Laws Affecting Employment
Worker Protection
Communication
Awareness of External Factors
This plan allows HRM to see
how many people they should hire based on revenue
expectations.
Development of a staffing plan.
Multiculturalism in the workplace is becoming more and more
important, as we have many more people from a variety of
backgrounds in the workforce.
Development of policies to encourage multiculturalism at work.
This involves finding people to fill the open
positions.
Recruitment
In this stage, people will be interviewed and selected,
and a proper compensation package will be negotiated. This step
is followed by training, retention, and motivation.
Selection
Development of Workplace Policies
consist of 5
○ Discipline process policy
○ Vacation time policy
○ Dress code
○ Ethics policy
○ Internet usage policy
Compensation and Benefits administration
HRM professionals need to determine that ____ , meets industry
standards, and is high enough to entice people to work for the organization.
compensation is fair
Compensation and Benefits administration
___ includes anything the employee receives for his or her work.
Compensation
_____ need to make sure the pay is comparable to what other
people performing similar jobs are being paid.
HRM professionals
This involves setting up ____
that take into consideration the number of years with the organization, years of
experience, education, and similar aspects.
pay systems
Examples of employee compensation
include the following:
■ Health Benefits
■ Pay 401(k) (retirement plans)
■ Stock purchase plans
■ Vacation time
■ Sick leave
■ Bonuses
■ Tuition reimbursement
Human resource people must be aware of all the laws that affect
the workplace
Retention