HRM Chapter 1 .docx

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Western University
Management and Organizational Studies
Management and Organizational Studies 1021A/B
Kevin Thompson

#1 job characteristic: Free from harassment and discrimination Baby Boomers: Tendency to be competitive, optimistic, and respond well to hierarchy Benchmarking: Looking at the best practices in other companies that can be brought into yours to enhance performance, whether they are competitors or not Canada GDP in 2008: 40% exported Compensation: Developing and administering pay and benefits programs that will attract and retain employees Compensation: Typical HR activity in organization Conference Board of Canada: Organizations look to adopt a “can do” attitude to produce new and improved processes, products, and services. Core Competency: A combination of knowledge skills and characteristics needed to effectively perform a role in an organization. Focus on Customer Employee and Labour Relations: Ensuring that there are positive and constructive relations between the employees and their supervisors or managers and or union representatives. Employee: contract workers, people from other organizations working on a project or any other similar working relationship Family Friendly: Describes how some employers are taking their employees personal needs into consideration. Flexible work arrangements: ways to engage employees and address demographic issues Generation X: Skeptical, independent, tech savy, career-oriented, less comfortable with hierarchy High performance work groups or teams: extension of job design HR Practitioner: To help equip the line manager with the best people practices so that the organization can be successful HRIS: Can assist the HR practitioner to make skilled decisions based on historical data Human Capital: Individuals knowledge, skills, and abilities that have economic value to an organization Human Capital: Value of Knowledge, abilities and skills. NOT appearance Human Resources Management: Integrated set of processes, programs, and systems in an organization that focuses on the effective deployment and development
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