RSM100Y1 Chapter 8: Chapter 8 - Managing Human Resources
Document Summary
Human resource management is the set of organizational activities directed at attracting, developing and maintaining an effective workforce. Human resources are critical for effective organizational functioning. The new importance of hrm stems from increased legal complexities, the recognition that human resources are a valuable means for increasing productivity, and the awareness of the costs associated with poor human resource management. Job analysis means analyzing the nature of jobs and requires the assessment of two items: The job description lists the duties of a job, its future hr needs. Assessing hr demand comes from assessing hr trends, future organizational plans, looking at sales forceasts and reading historical data.