COMMERCE 2BC3 Lecture Notes - Lecture 5: Observational Error, Liver Transplantation, Identity Theft
28 Dec 2017
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Document Summary
The constitutional law has a large indirect effect on hrm, but only a very minimal direct effect. What is the purpose of employment standards legislation. What is the difference between common law and statutes. Process of identifying and attracting potential employees. Likelihood that applicants would accept job offer. Sufficient # of qualified applicants that would accept job offer. Ancient - greek, roman empire, china etc. External influences - labour market; legal context. Internal hr policies most influential: internal vs external recruiting, competitive/creative pay, employer branding. Cascading effect - one opening creates another. Most research focus on post-hire outcomes but little has been researched on pre-hire outcomes (number of applicants, acceptance ratio) Non-salary forms of pay - stock options plans. Dnd 20k to skilled trades; 40k to eng students; 225k to medical doctors. Reputation; org as good place to work. Eg. sponsored events, best employer awards; corporate social/environmental responsibility.
