Basic Definition managing the employment relationship

(Tyson, 1987)

Key Assumption Employees are the most important

asset of the organization

1. Human Resource Planning

2. Recruitment & Selection

3. Compensation & Benefits 4. Performance Appraisals

5. Training & Development

An effort to anticipate future business a nd environmental demands upon and or ganization and to provide personnel to fulfill that business and satisfy that de mand (Bowey, 1974)

Human resource planning must be integrated within the organizations strategic plans Senior management must emphasize the importance of human resource planning Human resource planning must be based on the most accurate information available

Human resource planning must be assigned or located within a central unit A clear plan must be developed with associated timespans and scope of activity

1.

Decide what positions youll have to fill.

2.

Build a pool of candidates for these jobs by recruiting internal or external candidates.

3.

Have candidates complete

application?

1.

Use selection techniques like tests, background investigations, and physical exams to identify

viable candidates.
2.

Decide who to make an

offer.

The recruitment and selection process is a series of hurdles aimed at selecting the best candidate for the job.

 Employee

compensation

All forms of pay or rewards going to employees and arising from their employment.

Direct

financial payments

Pay in the form of wages, salaries, incentives,

commissions, and bonuses.

Indirect

financial payments

Pay in the form of financial benefits such as insurance.

 Benefits

Indirect financial and nonfinancial payments employees receive for

continuing their employment with

the company.

Supplemental pay: sick leave and vacation pay

Insurance: workers compensation

Retirement: Pensions Employee services: childcare facilities

 Performance

appraisal

Evaluating an employees current and/or past performance relative to his or her performance standards.

Classroom Teaching Appraisal By Students

Source: Richard I. Miller, Evaluating Faculty for Promotional and Tenure (San Francisco: Jossey-Bass Publishers, 1987), pp. 164165. Copyright 1987, Jossey-Bass Inc., Publishers. All rights reserved. Reprinted with permission.

Employee

Training

A procedure

for providing new employees with basic background information about the firm.

Performance management: the process employers use to make sure employees are working toward organizational goals.

Web-based training
Distance learning-based training Cross-cultural diversity training

 Title

VII of the Civil

Rights Act (1964)

An employer cannot discriminate on the basis of race, color, religion, sex, or national origin

with respect to
employment.

 Who

Is an HR Manager?
In the course carrying out their duties, every operating manager is, in essence, an HR manager.

HR MANAGEMENT ACTIVITIES

 Globalization

of Business

Outsourcing and increased competition

Stockholder, employee, manager concerns? Do you agree? Why/Why not?

Note: Example percentages are based on various surveys.