BU354 Chapter Notes - Chapter 7: Human Resource Management, Talent Manager, Employee Benefits

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12 Feb 2019
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Chapter 7: orientation, training and development, and career planning. Allows the new hire to build knowledge of the organization at the individual, department, and job level. Belief that human capital is one of the most important assets an organization possesses and that these individuals possess critical knowledge that an organization must leverage if it is to be successful. If done properly, onboarding can serve several purposes: Reduce employee turnover: employees have expectations when joining a firm if they contribute in a certain way they will receive rewards as a result. Attain acceptable job performance levels faster: spelling out expected job performance standards at the beginning eliminates uncertainty about what is expected on the job. Orientation: important onboarding activity introducing the employee to the organization. A typical orientation program focuses on three main areas: organizational aspects, hr related policies and practices, role expectations and performance.

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