[COMMERCE 2BC3] - Final Exam Guide - Comprehensive Notes for the exam (141 pages long!)

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 2BC3
• Professor: Aaron Schat

Document Summary

Chapter 1 human resource management: gaining a competitive advantage. Hrm functional definition what it does: (cid:862)is a set of interrelated policies, practices, and programs whose goal is to attract, socialize, motivate, maintain, and retain an organization"s employees(cid:863) (belcourt et al. , Hrm goal-based definition what it tries to achieve: (cid:862)aims to improve the productive contribution of individuals while simultaneously attempting to attain other societal and individual employee objectives(cid:863) (schwind et al. , Hrm integrated definition (your text) (cid:862)the poli(cid:272)ies, pra(cid:272)ti(cid:272)es, a(cid:374)d s(cid:455)ste(cid:373)s that i(cid:374)flue(cid:374)(cid:272)e e(cid:373)plo(cid:455)ees" behavior, attitudes, and perfor(cid:373)a(cid:374)(cid:272)e(cid:863) Depends on company size: larger companies more likely to employ hr specialists. All managers have hr responsibility: hire, fire, supervise, evaluate performance, identify training needs, make pay decisions, etc, often in consultation with hr department. Hr department / hr professionals: have specialized expertise, lead / develop hr processes, train, coach, support managers in these processes, ensure legal compliance. Chrp: certified human resources professional designation. Requirements: academic coursework, etc, knowledge exam, experience/professional assessment.