[EMPR 230] - Midterm Exam Guide - Ultimate 20 pages long Study Guide!

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Empr 230, human resources january 9, 2016. What is human resource management: blanket term for: practices and policies that help a group of individuals achieve an organization"s goals, strategic, evidence based and comprehensive approach to hiring, firing, training, and motivating. Ideally, all hr functions should be aligned and integrated to support the organization"s mission. Resource management: separate but interconnected hr practices can boost employee effectiveness. Effective hr practices have significant implications for the bottom line. Reduce turnover (odds somebody is going to quit), increase productivity. Should have incentives/perks to offer people to boost productivity. Positive employee attitudes: trust, commitment, job satisfaction. Firms that take a strategic stance toward hr see economic returns: 1 sd (standard deviation) improvement in practice = ,000-60,000 / employee / year. Hrm as evidence based management: there are a lot of hr interventions out there: How to get people in the door.