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HUMAN RESOURCE MANAGEMENT
Chapter one Introduction
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DEFINITION Human resource management (HRM) is the process of acquiring, training, appraising and compensating employees, and of attending to their employee relations, health and safety, and fairness concerns.
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WHAT DO HR PROFESSIONALS DO?
Analyze the job Recruit and select Train and develop Appraise performance Pay salary on time Facilitate change
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WHY HR. DEPARTMENT IS SO IMPORTANT
Human capital value Budget control Conflict resolution Employee satisfaction Cost saving Performance improving Corporate image
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HR MANAGER’S DUTIES A line function:- Directing the people in his or her own department A coordinative function:- Insures the line managers are implementing the firm’s HR policies and practices A Staff function:- Advice and assist the CEO to better understand the personnel aspects of the company’s strategic options.
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COMPONENTS OF HRM HRM Career Human Resource Compensation & Planning
Recruitment/ Decruitment Training/ Development Compensation & Benefits Performance Management Human Resource Planning Orientation Selection Career HRM
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HUMAN RESOURCE MANAGEMENT SPECIALITIES
Employment recruitment specialists Employee welfare officers Compensation managers Training specialists Human resource information system specialists Employment / industrial relation especialists
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Human Resources Management 12e Gary Dessler
FIGURE 1–5 Employment Exodus: Percent of employers who said they planned as of 2008 to offshore a number of these jobs Figure 1-5 illustrates that in the next few years, many employers plan to offshore even highly skilled jobs such as sales managers, general managers—and HR managers. Copyright © 2011 Pearson Education Copyright © 2011 Pearson Education
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Human Resources Management 12e Gary Dessler
TABLE 1–1 Demographic Groups as a Percent of the Workforce, 1986–2016 Table 1-1, from the U.S. Department of Labor’s Bureau of Labor Statistics, shows how quickly the U.S. workforce is becoming older and more multi-ethnic. Copyright © 2011 Pearson Education Copyright © 2011 Pearson Education
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Human Resources Management 12e Gary Dessler
FIGURE 1–8 Effects CFOs Believe Human Capital Has on Business Outcomes Figure 1-8 summarizes how human capital—the employees’ knowledge, skills, and experiences—can have a big effect on important organizational outcomes, such as customer satisfaction and profitability. Copyright © 2011 Pearson Education Copyright © 2011 Pearson Education
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