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Daily Information 9/24 1 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: Grab a handout from the.

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Presentation on theme: "Daily Information 9/24 1 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: Grab a handout from the."— Presentation transcript:

1 Daily Information 9/24 1 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: Grab a handout from the center table. Answer the questions in your warm up book. Agenda: 1.Warm up 2.Continue the “Pick a business” activity 3.Intro. to HR P.P. 4.Vocab. 5.Benefit Package 6.Bottom Line

2 Human Resources 2 Imagine you have started your own business. What process will you follow with regard to hiring new employees? Once you have hired your employees, how will you retain them?

3 Daily Information 9/24 3 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: Grab your paper from last class off the center table. Agenda: 1.Warm up 2.Business activity 3.Intro. to HR P.P. 4.Vocab. 5.Benefit Package 6.Google Life 7.Benefit Article 8.Bottom Line

4 Chapter 2 Vocabulary Baby Boom Baby Bust Frost Belt Sun Belt Rust Belt Labor Force Labor Participation Rate Glass Ceiling Sticky Floor Syndrome Comparable Worth 4

5 Daily Information 9/25 5 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: What are your plans this afternoon? Agenda: 1.Warm up 2.Intro. to HR P.P. 3.Benefit Package 4.Google Life 5.Benefit Article 6.Bottom Line

6 Daily Information 9/26 6 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: What is one thing you learned from watching Shark Tank? Agenda: 1.Warm up 2.Finish Shark Tank video 3.Vocab. 4.Intro. to HR P.P. 5.Benefit Package 6.Google Life 7.Benefit Article 8.Bottom Line

7 Chapter 2 Social and Ethical Environment of Business 7

8 What is Human Resources?  The function within an organization that focuses on recruitment and management for the people who work in the organization.  Advocate for both the company and the people who work in the company. 8

9 Human Resource Issues  Compensation  Hiring  Performance Management  Safety and Wellness  Benefits  Employee Motivation  Employee Training 9

10 Focus on Hiring  Employ candidates  Retain candidates  Create employee oriented workplaces To do this, you must have a good understanding of the labor force and its background. 10

11 11 Labor Force People 16 years and older that are able and available to work (not all looking for work) – Labor participation rate: willing and able to work – Equal employment: outlaw discrimination (race, gender, national origin, color, religion, age, and disability) – Comparable worth: equal pay for similar job requirements (men and women)

12 Employment Practices 2 12

13 13 Population – Growing population determined by birth rate, death rate (people are living longer), level of immigration – Changing population 1983-2001 – Generation Y 1965-1982 - Generation X 1945-1965 - Baby boom – Moving population The Belts: frost, sun, and rust

14 14 Population of the United States

15 Daily Information 9/30 15 Objectives: 1.Describe the nature of business. 2.Identify a business you would like to start Warm Up: What issues fall under the umbrella of Human Resources? Agenda: 1.Warm up 2.Benefit Package 3.Google Life 4.Benefit Article 5.Bottom Line

16 Benefit Package 16 Review the benefit package in your base group. **List the types of benefits that are included in this package **What benefits are not included?

17 Benefit Package 17 What will your business offer in the way of benefits to your potential employees? Be specific! How will these benefits motivate potential employees to work for your business? **Remember, you want to keep your employee turnover rate low.

18 The Google Life 18 List your top 5 benefit choices

19 Benefit Packages for Small Business 19 Read: The Best Benefits Package For Small Businesses

20 Bottom Line What issues fall under the umbrella of Human Resources? 20

21 Daily Information 9/24 21 Objectives: 1. Describe the nature of Human Resources 2. Identify a benefit package and create one for your business. Warm Up: What is Human Resources? If your business had a Human Resources department, what would this department contribute to the business? Agenda: 1.Warm Up 2.Human Resources P.P. 3.Vocab. 4.Review benefit package 5.Bottom Line

22 Daily Information 22 Objectives: 1.Discuss how the values of Americans have changed. 2.Explain how businesses have adapted. Warm Up: Personal values have a direct impact on the type of job you will have and how you will manage a business. List the values you find important. List the jobs you think will match these and why. Agenda: 1.Warm Up 2.Continue benefit package activity 3.Changing values P.P. 4.Group review 5.Bottom Line

23 Benefit Package 23 What will your business offer in the way of benefits to your potential employees? Be specific! How will these benefits motivate potential employees to work for your business? **Remember, you want to keep your employee turnover rate low.

24 24 Changing Values Transformation of the family – Children living at home ( because of the economy) – Divorce rate – Birth rate – Both parents working How have businesses responded to the needs of the fast-paced family life? Time-saving products and increased services

25 Workplace Dynamic Today more men and women work side-by-side then they have in the past This has led to increases in: – incidents of sexual harassment – dining out – safety in the workplace 25

26 Increased Competition Strive to produce more for less demands on employees = stress Quality of home life suffers Job insecurity = work longer hours lawsuits This has caused the post-baby-boom generation to feel less loyal to employers (generation X and Y) 26

27 27 Social Issues Problems at home are brought to work How can this affect employee performance? – Trouble focusing on the task at hand – Come in late – Call out of work often – Disorganized – Become argumentative

28 28 Employer Response Redesigning jobs – varied, challenging, rotate tasks, empowerment Improving health and safety – wellness, fitness, and incentive programs; counseling services Family-friendly practices – Family Medical Leave Act (FMLA) – Provide day-care facilities and/or flexible hours – Work from home or telecommunicate

29 Group Assignment Checkpoint on page 38 Page 40: Think Critically – question 3 Page 46: 1-8, 13, 15, 16, 18, 23, 24 29

30 Daily Information 9/26 30 Objectives: 1.Describe how ethics relates to business practice. 2.Suggest ways in which business can be socially responsible. Warm Up: Grab a textbook from the shelf to complete the vocabulary words. Agenda: 1.Complete the warm up 2.Ethical Issues PowerPoint 3.Group activity 4.Individual activity 5.Bottom Line

31 31 Name That Term Formal, published collection of values and rules that reflect a firm’s philosophy and goals Code of Ethics The duty of a business to contribute to the well-being of society Social Responsibility Collection of principles and rules that define right and wrong conduct for an organization Business Ethics

32 32 Name That Term Any individuals or groups affected by a firm’s actions, such as owners, customers, suppliers, employees, creditors, government, and the public Stakeholders Standards of moral conduct and behavior that is valued as right or wrong Ethics

33 Profit vs. Societal Values What is a business’s responsibility to help solve society’s problems? For example: recycling 33

34 Stakeholders Expectations Businesses should be responsible and responsive to their interests. Donating money to flood victims Providing college scholarships Sponsoring an exhibit on Hindu art at a local museum 34

35 Did You Know…. Getting involved socially = advancing a businesses interests As societal values change, businesses will continue to shape and be shaped by the society in which it functions. 35

36 Business Response Ensure their activities do not harm the natural environment Respect the individual rights of a rapidly diversifying workforce As societal values change, each business will continue to shape and be shaped by the society in which it functions. 36

37 Group Assignment How will you respond to ethical questions? 37


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