MHR 523 Lecture Notes - Job Rotation, Fax, Cost Leadership
Document Summary
Many people are most likely to perform some sort of hrm at some point in their career (e. g. hiring, training, development etc. ) Hrm is present in every business stream. Human resource functions include: health & safety, recruitment, meeting legal requirements etc. People (human resources) are the common element in all social organizations. Successfully companies have a human resource department that keeps employees happy and their employee turnover rate low by offering employees with many perks (e. g. bowling alley, food, free health care). *relate a topic to the five human resource functions. *activities of human resource departments: attract and orient new employees, compliance and procedures, effective relationships, effective work environment, effective compensation systems. Objectives of hrm: societal objectives: corporate social responsibility society may pass laws that limit the human resource decisions, employee objectives: Hr strategies should help employees achieve their personal goals: organizational objectives: Helping the organization achieve its primary organizational objectives.