RSM100Y1 Study Guide - Final Guide: Job Performance, Performance Appraisal, Espn Bottomline
Document Summary
Human resource management: set of organizational activities directed at attracting, developing and maintaining an effective workforce. Human resources are critical for effective organizational functioning. Effectiveness of hr functions have substantial impact on the firm"s bottom-line performance. A detailed study of the specific duties in a particular job and the human qualities required for that job: job description: Lists the duties of a job, its working conditions, the tools, materials and equipment: job specification. Lists the skills, abilities and other credentials needed to do the job: forecasting hr demand and supply. Managers assess trends in past hr usage, future organizational plans and general economic trends. This helps to predict hr needs: forecasting internal supply: The number and type of employees who will be in the firm at some future date: forecasting external supply. The number and type of people who will be available for hiring from the labor market: replacement charts.
