BU354 Chapter Notes - Chapter 1: Strategic Management, Employee Engagement, Performance Appraisal

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25 Oct 2016
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Responsible for ensuring organization attracts, retains and engages the employees needed to meet the operational and performance commitments made to customers and shareholders. Ensure organization hires the best, develop their talent, create a productive work environment, and monitor them. Contribute to de(cid:448)elop(cid:373)e(cid:374)t of e(cid:373)(cid:271)edded k(cid:374)o(cid:449)ledge of a fir(cid:373)"s (cid:272)ulture, history, pro(cid:272)esses, Profit sharing, results-oriented performance appraisal, employment security strongly related to accounting measures roa and roe. Comprehensive employee recruitment and selection procedures, incentive compensation and performance management systems, extensive involvement and training have a positive relationship with turnover, productivity, and corporate financial performance (gross rate of return on capital) Be taken to court for discriminatory actions. Get cited under federal occupational safety laws for unsafe practices. La(cid:272)k of trai(cid:374)i(cid:374)g to u(cid:374)der(cid:373)i(cid:374)e a depart(cid:373)e(cid:374)t"s effe(cid:272)ti(cid:448)e(cid:374)ess. Hr people usually started out in other departments. Everyone should know nuts and bolts of hrm. Practices shared by society beliefs and attitudes about works and their rights; evolved in 3 stages.

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