RSM100Y1 Chapter 8: Chapter 8
Document Summary
Chapter 8: human resource management: from recruitment to labour relations. Human resource management: the function of attracting, developing, and retaining employees who can perform the activities needed to meet organizational objectives. Core objectives of human resource management: employee recruitment and selection, employee training and performance evaluation, employee compensation and benefits, employee separation, planning for staffing needs. Objectives of human resource managers: providing qualified, well trained employees for the organization, maximizing employee effectiveness in the organization, satisfying individual employee needs through monetary compensation, benefits, opportunities to advance, and job satisfaction. Finding qualified candidates college and university job fairs, personal referrals, and want ads. Selecting and hiring employees human resource manager selects and hires employees must follow laws (cannot discriminate against job applicants) is expensive. Management development provides training designed to improve the skills and broaden the knowledge of current or future managers and executives. Compensation: the amount employees are paid in money and benefits.