ADM 1100 Study Guide - Beta Gamma Sigma, Shinerama, High Standard Manufacturing Company
Document Summary
With managing the most important asset--- is people. Human resources department is there to assist management (they are a staff function) Provide training(training can be very expensive- usually candidates are hired on probation, so company can fire you at any point, won"t spend a lot of money training you) Employee benefits (dental plans, pensions, eyeglasses) very expensive (usually if you hire someone at a certain price, around 26 percent more has to be paid to employees for benefits) Counselling (a lot of people have mental problems, substance problems etc. Counselling has become more of an issue in the human resource department) Wage and salary administration (determined through reflected appraisal, goals, etc)(in. Canada a good increase is 1-2 percent)- to get a head you need to change jobs, can"t be reckless every time you make a move you look for an increase in price, around 25 percent more.