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Target. I can identify and understand the goals and functions of human resource management. Human Resource Management. Finding & Keeping the Right People. Human Resource Management. Functions: Human resource planning Recruitment Selection Training & Development Motivation Evaluation
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Target • I can identify and understand the goals and functions of human resource management.
Human Resource Management Finding & Keeping the Right People
Human Resource Management Functions: • Human resource planning • Recruitment • Selection • Training & Development • Motivation • Evaluation • Compensation & Benefits • Employee and Unions Relations
HR Issues • Abundance of unskilled workers • Shift in age composition of work force • Complex set of laws • Increase number of single parent and two-income families • Continued downsizing
HR Issues • Competition from overseas labor pools • Increased demand for benefits tailored to individual • Growing concern over health issues, elder and child care • Decreased sense of employee loyalty
Recruiting External Sources Internal Sources Transfers Promotions Employee Recommendations • Advertisements • Job Fair • Colleges • Union Halls • Personal Applications • Employment Agencies
Selection • Obtain Application Forms • Interviewing • Employment Tests • Background Investigations • Physical and/or drugs tests
Training & Developing • Employee orientations • On-the-job training • Apprentice programs • Off-the-job training • Online training • Job Simulations • Management Development
Evaluations Performance Review: An evaluation in which the performance level of the employee is measured. Results can affect: • Promotions • Compensation • Additional Training • Firing
Compensation • Salary: Fixed amount per year • Hourly: Based on hours worked • Piecework: Based on number of units produced • Commission: Based on a percent sales • Bonus Plan: Extra pay for meeting goals • Profit-sharing: Share of company profit
Fringe Benefits • Health Insurance • Sick and vacation pay • Retirement plan • Discounts • Tuition Reimbursement • Free Services (daycare, laundry, ect) • Company car
Scheduling • Flextime • Compressed Workweek • Telecommuting • Job-Sharing By law, employees must earn overtime pay after working 40 hours in one week.
Let’s look at one of the best places to work • http://www.youtube.com/watch?v=4CSHuRirY0w
Employment Laws Fair Labor Standards Act of 1938 Minimum wage and overtime pay for workers Equal Pay Act of 1963 Men and Women must be paid the same for doing the same work Civil Rights Act of 1964 Outlawed discrimination in employment based on sex, race, color, religion or national origin.
Employment Laws Affirmative Action: Employment activities designed to “right past wrongs” by increasing opportunities for minorities and women. Occupational Safety and Health Act of 1970 Regulated the safety in the workplace