MGTA01H3 Chapter 9: Chapter 9 Notes
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MGTA01H3 Full Course Notes
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The foundations of human resource management: human resource management: set of organizational activities directed at attracting, developing, and maintaining an effective workforce. The strategic importance of hrm: critical for effective organization, poor human resource planning = layoffs = unemployment compensation, training expenses. Involves job analysis and forecasting the demand for and supply of labour. a detailed study of the specific duties in a particular job and the human qualities required for that job. job description: the objectives, responsibilities, and key tasks of a job; the conditions under which it will be done; its relationship to other positions; and the skills needed to perform it. job specification: the specific kills, education, and. forecasting hr demand and supply experience needed to perform a job. assess trends in past hr usage, future organizational plans and general economic trends. 2 tasks: forecasting internal and external supply of labour.