1. 7.00 Understanding marketing and business management.
7.04 Understand the role and function of human resources management to obtain a foundational understanding of its nature and scope. (supplemental)

2. Human Resources Management
What is the role of human resources managers?
Human resources managers uses the management process of managing employees who collectively contribute to the achievement of the objectives of the business.
The functions of human resources management:
Planning and staffing
Managing compensation and benefits
Managing performance of employees

3. Human Resources Management
Planning and job staffing
Classifying employees
Permanent
Long term commitment
Temporary
Hired for a specific time/job
Full Time
30 or more hours per week (usually 40+ hours)
Part Time
Short work week

4. Human Resources Management
Planning and job staffing
Determining job requirements:
The use of job analysis to determine all the duties for a particular job
Recruiting and hiring employees
The application process
Reviewing applications/resumes
Interviewing applicants
Checking references of applicants
Making a job offer to applicants
New employee orientation
Paperwork
Training
Mentor

5. Human Resources Management
Managing compensations and benefits
Compensation method
Time Wage – Direct payment per hour
Salary – Direct payment per week, bi-weekly, or monthly
Commission – Percentage of sales
Piece Rate – Payment per unit produced
Base plus incentive – Direct payment plus perfomance based pay
Employee benefits
Other items given to employee for working. For example, health insurance, vacation time, sick time, dental insurance, etc.

6. Human Resources Management
Managing performance of employees
Employee evaluation
Objective evaluations of emplyees’ quality of work
Promotion
Advancement of an employee to a position with greater responsibility
Transfer
Assignment of the employee to a job in another area with similar responsibility
Termination
Ends employment relationship