WEEK 1 Flashcards
(20 cards)
Human Resources Management (HRM) is the organizational function of managing and handling one of the most valuable assets of the organization -???.
its employees.
It tackles various undertakings performed by a business firm to make certain that workers are handled and managed as human being worthy of respect and compassion throughout their employment life (from entry to separation). composed of human resource practices that aid the firm in leading its people.
Human Resource Management
3 Stages of the Employment Cycle:
Pre-Hiring
Hiring
Post-Hiring
Organizations determine the right number and type of people needed to fill-up positions in the organization along with the required qualifications. It includes activities prior to hiring such as human
resource planning and job analysis.
Pre-Hiring Stage
Companies establish policies that will help managers fulfill the staffing needs of the company, eventually leading to recruiting and selecting.
Hiring Stage
Companies carry out certain HRM practices and other productivity programs that enhance employees performance level, such as training and development, performance appraisal, compensation and benefits administration, employee health and safety and separation.
Post-Hiring Stage
He introduced people management which featured the proper selection and training of employees in a scientific way. Father Of Scientific Management.
Frederick Taylor
have to met a lot of challenges in handling and managing their
workers, especially in training, designing a compensation structure, or building a friendly company culture.
Entrepreneurs
It is essential for ?? to understand HR management so they may gain better understanding of their rights and privileges as thinking, feeling,
and doing individuals in an organization.
Employees
Studying HR management
can provide ? and ? a competitive
edge especially in the aspect of recruitment.
supervisors a n d leaders
6 Basic Feature of HRM
It is prevalent in nature.
It is dynamic.
It is individually-oriented.
It is employee-oriented.
It is forward looking
It is growth-oriented.
This means that HRM is present and performed in all operational and functional areas of management within an organization on a continuous basis. In other words, it is not an “on-off” function that is performed only when needed.
it is prevalent in nature
It does not depend on written rules and policies to solve problems ; rather, it focuses on what can be done through logical and well-grounded solutions and decisions. It constantly find ways to change situations and events for the betterment of the organization and its employees.
It is dynamic.
in HRM, each employee is considered a human being that is worthy of respect and compassion. In this sense, HRM works toward getting the best out of each employee by seeing to it that they are continually offered the opportunity to be equipped with new skills through training, development, and other productivity improvement schemes. In effect both intrinsic and extrinsic motivation is increased.
It is individually-oriented.
Employees are the doing individuals of an organization. Rewarding them for their contributions to organizational success is a strong reinforcement to increase the level of job performance. A firm’s HRM strategy that empowers employees makes them feel appreciated for the job they do.
It is employee-oriented.
For an organizations HRM function to be successful, it should effectively envision and assess labor needs for a given period of time. doing so will assure the managers only the competent, motivated people with the right match of qualifications are joining the company.
It is forward-looking.
For an organization HRM process is to yield success. It should constantly. enhance the conceptual and analytical skills of its employee. A carefully planned design for employee development is almost compulsory if the organizations aim for excellence. Job rotation is one way for employees to learn various skills.
It is growth-oriented.
