management final
What are the 3 key elements of the strategic approach to HRM
All managers are involved in human resources management. Employees are viewed as assets. Human resource management matching process, integrating the organization's strategy and goals with the correct approach to managing human capital.
Pay for performance
Also, called "incentive pay". Means tying at least a portion of compensation to employee effort and performance.
The major federal EEO laws discussed in class
Civil Rights Act Americans with Disabilities Act Vocational Rehabilitation Act Age Discrimination in Employment Act
What are the main criteria that application/interview questions must adhere
Communication skills, Performance, Attitude, Appearance, Honesty
What are the three primary goals of Human Resources Management
Find the right people Manage Talent Maintain an effective workforce
Termination
Is when an employee in being released from their position. The employee must have violated a major policy, or small policies multiple times. The Employer will conduct an "exit Interview" to determine why they are leaving.
Compensation Equity
Mangers strive to maintain fairness and equity in the pay system.
What is OJT? What are its advantages and disadvantages
On-the-job training, an experienced employee is asked to take a new employee "under his or her wing" and show the new comer how to perform the job duties. Adv.- It'll keep the training cost down. They are also getting firsthand experience right of the back. Disadv.- It'll slow down the workers at first because he'll be at the work site going slow asking questions.
What are the four steps in Mr. Newton's job appraisal technique
Prepared,Start Positively,Get to the Point,End Positively
Compensation
Refers to all monetary payments and all nonmonetary goods or benefits used to reward employees
How can "compensation management" be used to motivate and/or maintain a workforce?
The managers can tell employees to reach a certain goal and they'll be rewarded with money bonus or other rewards to motivate production or sales
Understand the Social Contract and how its changes affect today's work place
The new social contract between employers and employees is based on the notion of employability and personal responsibility rather than lifelong employment by an organization. We can't promise you how long we'll be in business. We can't promise you that we won't be acquired.
What is the relationship between Human Resources planning and implementation of the organization's strategy?
The relationship between both is that they both plan around the good for the company and the good enough for the people were it doesn't give them extreme problem
What is meant by "work-life balance"
The upcoming new Generation Y workers are working smarter and harder, but that doesn't mean that they want to work all the time or be in their office. These employees will take their office work home, finish it there and enjoy their life with their family and friends.
Benefits
are required by the law, such as Social Security. Others are given by the employers, such as vacation time, day time daycare, health insurance. But these can be taken away, depending on how the company is doing. They have a 90-day requirement for employees to pass successfully, then they'll be able to use them
what is training
is typically used to refer to teaching people how to perform tasks related to their present jobs.
What is development
means teaching people broader skills that are not only useful in their present jobs but also prepare them for greater responsibilities in future jobs.
The importance of Human Capital in today's most progressive organizations
refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees. According to your instructor, what was the fundamental reason that EEO laws were brought into existence It was created by the Civil Rights Act of 1964, it forces to investigate in response to complaints concerning discrimination.