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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 1 THE U.S. WORKFORCE ●All people 16 years and older who are employed or looking for a job ●More that 150 million people have full- or part-time jobs
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 2 TYPES OF JOBS ●Classified by industry ●Service-providing industries ●Goods-producing industries ●Classified by occupation ●White-collar jobs ●Blue-collar jobs
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 3 EMPLOYMENT PROJECTIONS FOR OCCUPATIONAL CATEGORIES
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 4 HUMAN RESOURCES OVERVIEW ●Human resources are the people who work for a business and oversee personnel needs and employment laws
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 5 HUMAN RESOURCES GOALS 1.Identify the personnel needs of the company. 2.Maintain an adequate supply of people to fill those needs. 3.Match abilities and interests with specific jobs. 4.Provide training and development. 5.Develop plans to compensate personnel. 6.Protect the health and well-being of employees. 7.Maintain a productive and satisfying work environment.
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 6 HUMAN RESOURCES ACTIVITIES ●Planning and staffing ●Performance management ●Compensation and benefits ●Organizational development
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 7 PLANNING AND STAFFING ●Job analysis ●Recruitment and selection ●Applications ●New employee training ●Job placement ●Job requirements
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 8 RECRUITING PROSPECTIVE EMPLOYEES ●Company employment office ●Company websites ●Employment agencies, public and private ●Executive recruiters ●Industry publications ●Job search and career websites ●Job and career fairs ●Newspaper advertising, online and print ●Placement offices, school and college ●Radio and television advertising ●Referrals by employees ●Social networking
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 9 PERFORMANCE MANAGEMENT ●Performance assessment ●Employee evaluation ●The evaluation process ●The evaluation conference ●Performance improvement ●Managing promotions, transfers, and terminations
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 10 COMPENSATION AND BENEFITS ●Wage and salary planning ●Benefits planning ●Payroll, benefits, and personnel records management ●List three types of incentive systems for employee compensation. ●Commission ●Piece rate ●Base-plus-incentive systems
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 11 EMPLOYEE RELATIONS ●Health and safety planning ●Work environment ●Employer-employee relations ●Work-life relationships ●Labor relations ●Employment law and policy enforcement ●Organizational development
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 12 WORKFORCE DIVERSITY ●Diversity in the United States and throughout the world ●Benefits of diversity ●Organizational benefits ●Individual benefits ●Societal benefits
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 SLIDE 13 FEDERAL LAWS REGULATING DISCRIMINATION ●Equal Pay Act of 1963 ●Civil Rights Act of 1964 ●Age Discrimination and Employment Act of 1967 ●The Americans with Disabilities Act of 1990
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 Wages ●What is Federal minimum wage? ●$7.25 ●What is Michigan’s minimum wage? ●$7.40 ●What is the minimum wage for minors (16 – 17 Year olds)? ●85% or $7.25 ●What is server’s minimum wage? ●$2.65 Other states
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 Hours of Work ●Full time is how many hours? ●40 ●What happens if you work more? ●Paid 1 ½ time or get 1 ½ off next week ●What would you get for overtime hour? ●$11.10 ●How many hours can a minor work? ●48 hours with work and school ●About 14 hours a week of work
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 Breaks ●What breaks are required by law for adults? ●None ●What breaks are required by law for minors (under 18)? ●Every 5 hours, get 30 minute break ●If they give a break, any rules? ●Must be free of all work duties
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 Minors Work Hours ●14 and 15-year-olds may not work after 9:00 p.m. or before 7:00 a.m. and not during school hours. ●16 and 17-year-olds shall not work before 6:00 a.m. or after 10:30 p.m., Sunday through Thursday and not after 11:30 p.m. Fridays and Saturdays. ●Special hours apply to workers in agricultural processing. SLIDE 17
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 Taxes ●What is taken out of your check? ●Federal Income Tax ●State Income Tax (4.35%) ●Social Security (6.2% or 4.2 for 2011) ●Medicare (1.45%) ●Insurance ●Union Dues ●Others
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 Protected Groups ●Can you name them? 1.Age (over 40) 2.Race / Color 3.Sex 4.Religion 5.National Origin 6.Disability 7.Pregnancy Is there ever a ‘job-related’ reason to discriminate?
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© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 8 Interviewer Can Ask ●Have you ever been convicted of a crime? ●Are you legally able to work in the U.S? ●Can you do this job with or without reasonable accommodations? ●Can you lift 50 Ibs ●What are you future plans? Interviewer CanNOT ask ●Have you ever been arrested / in trouble? ●Where were you born? ●Do you have a disability? ●About family or plans for a family
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© 2012 Cengage Learning. All Rights Reserved. Answer the questions on Employment Law worksheet Finish Management Section, with Personnel Plans. Make sure ethics section is complete Hands On Experience SLIDE 21
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