MHR 523 Study Guide - Midterm Guide: Nominal Group Technique, Delphi Method, Job Analysis
17 Apr 2017
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Define psychological contract and explain how this concept is important in the workplace. The psychological contract refers to the unwritten set of expectations of the employment relationship as distinct from the formal, codified employment contract. Taken together, the psychological contract and the employment contract define the employer-employee relationship. People go into hr because they like people. Hr deals with the soft side of business and is therefore not accountable. Hr focuses on costs, which must be controlled. Hr"s job is to be the policy police and the health-and happiness patrol. There isn"t much variety available in the field of hr. Human resources management = the management of people in organizations to drive successful organizational performance and achievement of organization"s strategic goals. Human capital = the knowledge, education, training, skills, and expertise of an organization"s workforce. Briefly describe each of the functional areas of hr.
