Strategic HR
Focusing on HR clerical administration and record keeping
administrative role of HR
the process of hiring the most suitable candidate for a vacant position
selection
Health and wellness, Safety, Security, and Disaster and recovery planning
Risk Management and Worker Protection?
a person who has responsibility for performing a variety of HR activities
HR Generalist
How does HR help attain a competitive advantage?
Attracting human resources with the necessary skills and talent to accomplish organizational goals
– Retaining human resources with the necessary skills and talent to accomplish organizational goals
The collective values of the capabilities, knowledge, skills, life experiences, and motivation of an organizational workforce
human capital
ability to keep talented employees in the organization through
retention
Compensation, Incentives, and Benefits
total rewards
a person who has in-depth knowledge and expertise in limited area of HR
HR Specialist
How does HR have a positive effect on human capital?
– Developing Capabilities
• Job Analysis
• Career and succession planning
• Development programs
- Attracting and Retaining
• Recruiting
• Selection & Placement
• Training & Development
• Employee benefits
• Compensation (wages and incentives)
• Employee and labor relations
– Performance Evaluation (identifying and rewarding performance)
Administrative, Operational and Employee advocate, and Strategic
HR roles
an organization's planned efforts to help employees acquire job related knowledge, skills, abilities, and behaviors with the goal of applying these on the job
training
Employee rights and privacy, HR policies, and Union/Management relations
employee and labor relations
An integrated system provided information used by HR management in decision making.
HRIS or HRMS
human resource management system or human resource information system
Calculation showing the value of expenditures for HR activities
ROI (Return on Investment)
Helping to define the strategy relative to human capital and its contributing to organizational results
strategic HRM
the process of finding and hiring high-quality talent needed to meet the organization’s workforce needs.
Talent acquisition
Businesses contracting out activities to unaffiliated companies either at home or abroad
outsourcing
using information from the past and the present to identify expected future conditions
forecasting
Non-financial motivators
Job enrichment - a means of giving employees greater responsibility and offering them challenges that allow them to utilize their skills fully
empowerment - giving employees the means by which they can exercise power over their working lives
enlargement - increasing the scope of a job either by enrichment or by job rotation
Globalization of businesses, economic forces, rapid growth of technology, changing demographics, and cost pressures, and organizational reconstructing
HR challenges
Job Analysis, Recruiting, and Selection
staffing
societal forces affecting the values, beliefs, and actions of a distinct group of people
culture
What are some opportunities and threats in the external environment?
government influences, economic conditions, geographic and competition issues, workforce changes
Financial incentives
Commission - payments made to employees based on the value of their sales
share options - employees are given the choice of buying a fixed number of shares at a fixed price
fringe benefits - additional benefits such as a company car