MHR 523 Chapter Notes - Chapter 1: Employee Engagement, Secondary Sector Of The Economy, Human Capital
30 Mar 2011
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Document Summary
Human resources management (hrm): the management of people in organizations to drive successful. Hr professionals are responsible for attracting, retaining and engaging a diverse workplace and. Hr professionals hire and maintain employees and then manage employee separations. Human capital life cycle: 1) selection and assimilation into the organization 2) development of capabilities while working in the organization 3) transition out of the organization. Hr professionals provide services such as analyzing jobs, planning future workforce requirements, selecting employees, orienting and training employees, managing compensation and reward plans, and communicating with employees. Responsibilities include ensuring fair treatment, appraising performance, ensuring employee health and safety, managing labour relations and relationships with unions, handling complaints and grievances and ensuring compliance with legislation. Outsourcing: the practice of contracting with outside vendors to handle specified functions on a permanent basis. Hr is focused on ensuring that the organization is staffed with the most effective human capital to achieve its strategic goals.
