Graded A+
the organizational function responsible for attracting, hir-
HRM
ing, developing, rewarding, and retaining talent
staflng, health/safety, performance management, em-
ployee
6 HRM functional areas
management relations, rewards/benefits, training/devel-
opment
improves eflciency, contributes to revenue growth,
increase employee understanding, develop enhance em-
HRM systems influence performance
ployee capabilities (helps employees
focus on things
-by improving organizational eflciency
-contributing to revenue growth
-enhancing employee capabilities and talents(goal attain-
HRM Systems influence performance of an organization
ment)
-increase employee engagement
-ability to manage change
HRMs role in executing an organization's business strate- HRM policies and strategies must match with competitive
gy environment and immediate business conditions
Business Strategy defines how the firm will compete in the market
system of beliefs about how its employees should be
treated
-diversity
Talent Philosophy
-ethics
-time of careers
-viewment of employees
document of the organization's HRM policies and pro-
Employee Handbook cedures that help employees learn the company's HRM
(helps employees easily research topics)
, C202 - Managing Human Capital Final Exam Test Questions with Answers
Graded A+
professionals, managers, individual employees, service
HRM is performed by
centers, outside vendors, employer organizations
technology based platforms that help human resource
HRM Systems management
professionals securely house sensitive employee records
3 specific ways HR can support organizations should it
choose to shift its culture-
is the process of identifying qualified individuals and labor
Sourcing markets from which
to recruit
refers to activities that attect either the numbers or the
Recruiting type of people willing
to apply
sourcing uses analytical skills to
The Relationship between sourcing and recruiting generate recruiting leads. Sourcing and recruiting influ-
ences what employees can do.
are fast and inexpensive internal job recruiting- employers
Internal recruiting can
directly apply being overlooked is reduced
External recruiting has job fairs, job boards, ottshoring to rehire candidates
-presents an honest and accurate picture
-minimizes losses
-Sharing only appropriate info
Realistic Job Preview -maintaining confidentiality
-providing timely info
-Talent from competitors
-misleading recruits about the nature of the job
the pay an employee receives in the form of wages, salary,
Direct compensation
bonuses, commissions