WEEK 13: HUMAN RESOURCES Flashcards
(42 cards)
strive to offer benefits that
will appeal to workers, thus reducing the
risk of losing corporate knowledge to
employee turnover.
Human Resource Departments
Core Functions of HR:
- Staffing
- Training and Professional Development
- Compensation and Benefits
- Safety and Health
- Employee Relations
manage the recruitment process in order to identify the pool of qualified
applicants.
Human Resource Professionals
Both ___ and _____ candidates are selected based on job specifications, which are the result of an analysis of the job/position.
Internal and External
often the most cost-effective method of recruiting potential employees,
Internal Recruitment
is to create diversity and expand the candidate pool.
External Recruitment
each applicant is asked the same
questions and is scored with a consistent rating process.
Interviews
2 Types of Interviews
- Behavioral Interviews
- Situational Interviews
ask the applicant to reflect on his or her past experiences.
Behavioral Interviews
require the applicant to explain how he or she would handle a series of hypothetical situations.
Situational Interviews
is teaching or developing in oneself or others, any skills and knowledges that relate to
specific useful competencies.
Training
TYPES OF TRAINING:
- On the Job Training
- Off the Job Training
takes place in a normal working situation, usual actual tools, equipment, documents, or materials that trainees will use once
they are fully trained.
On the Job Training
takes place away from normal work situations, so the employee is not a directly productive worker while such training takes place
Off the Job Training
a systematic and periodic process
that assesses an individual employee’s job
performance and productivity, in relation to
certain pre-established criteria and organizational objectives.
Performance Appraisal
Peter Drucker suggests using S.M.A.R.T Objectives in the appraisal process:
Specific, Measurable, Achievable, Realistic, Time-Related
Methods of Performance Appraisal:
- Graphic Rating Scales
- Behavioral Methods
- 2 + 2
assigning some form of rating system to pertinent traits.
Graphic Rating Scales
these methods identify to what extent an employee displays certain behaviors,
Behavioral Methods
feedback system demonstrates how appraisals can be used primarily for
improvement purposes.
2 + 2
is the cost of acquiring human resources for running operations.
Employee Compensation
Forms of employee compensation include:
- Salary
- Wage Systems
- Hybrid Wage Systems
- Benefits
Form of compensation paid periodically by an employer to an employee
Salary
Wage System Types:
- Time Rate
- Differential Time Rate
- Payment by Piecework