HRM 2600 Study Guide - Final Guide: Human Resource Management, Applicant Tracking System, Professional Employer Organization

• School: York University
• Department: Human Resources Management
• Course: HRM 2600
• Professor: Michael Mc Garry

Document Summary

Change management: change management is a systematic way of bringing about and managing both organizational changes and changes on the individual level. Collaborative software: software that allows workers to interface and share information with one another electronically. Corporate social responsibility: the responsibility of the firm to act in the best interests of the people and communities affected by its activities. Employee leasing: the process of dismissing employees who are then hired by a leasing company (which handles all hr-related activities) and contracting with that company to lease back the employees. Furloughing: a situation in which an organization asks or requires employees to take time off for either no pay or reduced pay. Globalization: the trend to opening up foreign markets to international trade and investment. Human capital: the knowledge, skills, and capabilities of individuals that have economic value to an organization.