BUSI 2701 Chapter Notes - Chapter 16: List Of Countries' Copyright Lengths, Performance Appraisal, A.D. Vision
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Pension plans changing to become more profitable b/c no one wants a job for life. Families no longer have one breadwinner now benefits must be integration of benefit plans by two companies is very important. Idea is to attract and retain employees so must keep them happy, things like onsite day-care/fitness is more attractive than competition etc. Must put the right person in the right position at the right location with the right pay scale. Activities an organization conducts to use its hr effectively. Compensation practices vary globally o: unions mandate in some nations, prohibited in others o. Human resource management (hrm): refers to the activities an organization carries out to its hr effectively. Expatriate manager: a citizen of one country appointed to a management position abroad. 4 major task: staffing policy, management training and development performance appraisal, compensation policy.