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Chapter 5

MGT 3320 - Chapter 5 Information For Human Resource Decisions (98% on the test)

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Department
Management
Course
MGT 3320
Professor
All Professors
Semester
Spring

Description
7214Chapter5InformationforHumanResourceDecisionsLearningObjectives1Describehumanresourceplanningasasourceofinformationfordecisionmaking2Discussstrategyasasourceofinformationformakinghumanresourcedecisions3Discusseconomicconditionsasasourceofinformationformakinghumanresourcedecisions4Describejobanalysisasasourceofinformationformakinghumanresourcedecisions5DiscussthejobanalysisprocessandidentifyandsummarizecommonjobanalysismethodsWhatisHumanResourcePlanningTheprocessofforecastingthesupplyanddemandforhumanresourceswithinanorganizationanddevelopingactionplansforaligningthetwoWhyisthisnecessarySoyoudontendupoverunderhiringWhatdoyoudoifthereisashortageofpeopleinyourcompanyHirepeoplefindthemonwebsitesjobfairsnewspaperscareerstogeauxLSUandcompanyswebsitesSomeofthesecompaniescometotheUniversitytointerviewstudentslookingforjobsWhatdoyoudoiftherearetoomanypeopleinthecompanyFirethemlayofforreductionenforceorrightsizingTheHumanResourcePlanningProcessForecastingthesupplyofhumanresourcesEfficiencyproductivityfinancelaborcostaveragewagecostofbenefitsForecastingthedemandforhumanresourcesIfsalesincreasinghiremorepeopleifsalesaregoingdownfirepeopleComparingforecastedsupplyandforecasteddemandIfyoudontprepareyourcompanyforthemarketyoumightloseprofitTakingappropriateactionsEithercorrectshortageoroverstaffPlanningHumanResourceProgramsFigure55powerpoint5AttritionpeopleleavethejobbecomesvacantHeadcountpayandprovidingbenefitsforRecallrightsinaunioncontractWhatifyoudonthaveaunionThennoyoudonthaveanobligationHiringfreezestophiringpeopleHRInformationSystemsAnintegratedandincreasinglyautomatedsystemformaintainingadatabaseregardingtheemployeesinanorganizationEverythingismaintainedonthecomputerbuttherearestilloriginaldocumentsHowisthelaborforcechangingtoday
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