MHR 523 Study Guide - Midterm Guide: Nominal Group Technique, Delphi Method, Markov Chain

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Define psychological contract and explain how this concept is important in the workplace: a written set of expectations between you and the employer as to what behavior is expected. For hr professionals, understanding pc can help measure the factors that impact behavior in the workforce. Discuss some common misconceptions about hr: useless department, join because you want to work with people, waste of money. Define human resource management and human capital: hrm: management of people in an organization to drive successful organizational performance and achievement of an organizational goal, hc: knowledge, education, thinking, skills, and expertise of an organizations workforce. Briefly describe each of the functional areas of hr: job analysis and design, compensation, recruitment, talent management: attract good employees, employee engagement, motivation, wellness, performance appraisals: assess performance, discipline and discharge, labor relations. Discuss the change in attitudes towards labour (employees) from scientific management (fredrick. H believed if employee"s works faster, productivity and work efficiency will increase.