MGTA01H3 Chapter 9: MGTA03 – Chapter 9

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10 May 2011
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MGTA01H3 Full Course Notes
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Mgta03 chapter 9: managing the human resource. Before, canada was an industrial economy because we made and sold things . Now, canada is a knowledge economy because we sell knowledge and expertise. Business success will require individual the business to attract and retain the best people. Predicts human resource needs: locates the best candidates. Provides training to new employees: design and administer pay and benefits. Ensure vacancies are made known to the widest range of people. Ensure that the applicant pool is as large as possible. Ads in newspapers, ads in specialist magazines, job fairs, head-hunters, word-of-mouth, etc. Application forms, references, aptitude tests, on-the-job tests, interviews, etc. The sooner people become comfortable, the sooner they will become productive. Remuneration = compensation = more than just salary. Includes pensions, medical benefits, housing, holidays, cars, and memberships www. notesolution. com. Work can be difficult and stressful and as a manager you do not want good people failing ill.

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