AFM131 Lecture Notes - Lecture 11: Human Resource Management, Baby Boomers, Job Analysis

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: Mohsin Bashir

Document Summary

Chapter 12 - human resource management: finding and keeping the best employees. Human resource managers do work with people, but they are also deeply involved in planning, record keeping, and other administrative duties. The roles and responsibilities of human resource management have evolved primarily because of two key: organizations" recognition of employees as their resource, changes in laws that rewrote many traditional factors: ultimate practices. One reason human resource management is receiving increased attention is the major shift from traditional manufacturing industries to service and high-tech manufacturing industries that require highly technical job skills. Today, the job of human resource management has taken on an increased role in the firm since qualified employees are scarcer, which makes recruiting and retaining people more important and more difficult. In the future, human resource management may become the firm"s most critical function, responsible for dealing with all aspects of a business"s most critical resource people.