COMMERCE 2BC3 Chapter Notes - Chapter 1: Human Resource Management, Balanced Scorecard, Employee Engagement
5 Mar 2015
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What responsibilities and roles do hr departments perform: the average ratio of hr department staff to total number of employees was 1 for every. The median hr department expenditure per employee was ,409. Interviewing, recruiting, testing, temporary workforce coordination. and and. 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 law, discipline. International hr, forecasting, planning, mergers and acquisitions. and. Hr professionals had to perform during and following the 9/11 crisis and pandemics such as sars and h1n1. Managers see hrm as the most important lever for companies to gain a competitive advantage over both domestic and foreign competitors. Prepare employees to work in foreign locations and. Create high-performance work systems through integrating technology and social systems. Provide high-quality products, services, and work experience for employees. Increase value placed on intangible assets and human capital.
