COMMERCE 2BC3 Chapter Notes - Chapter 1: Employee Assistance Program, Human Resource Management, Strategic Planning
9 Jan 2014
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Document Summary
Human resource management (hrm) policies, practices, and systems that influence employees" behavior, attitudes and performance. Competiveness a company"s ability to maintain and gain market share in its industry. Human resource management practices: analysis and design of work, hr planning, recruiting, selection, training and development, compensation, performance management, employee relations. All these eight factors equals to company performance. Wage and salary administration, job descriptions, job evaluation, executive compensation, incentive pay. Insurance, vacation leave administration, retirement plans, profit sharing, stock plans. Attitude surveys, labour relations, publications, compliance with employment. International human resources, forecasting, planning, mergers and acquisitions. Scope of role and responsibilities is driven by: Size of company nature of their workforce industry and the values of company management. Shift in how time is spent: away from administration, towards strategic business partner, change agent, and employee advocate. Engagement in evidence-based hr: data-based analysis of relationship between hr practices and organizational outcomes. Hr specialist narrower set of activities.
