MGMT 1 Chapter Notes - Chapter 11: Piece Work, Performance Appraisal, African Americans
Document Summary
Human resource management (hrm) : process of determining human resource needs & recruiting, selecting, developing, motivating, evaluating, compensating, scheduling employees to achieve organizational goals. Evolved because: organizations" recognition of employees as ultimate resource, changes in law that rewrote many traditional practices. Attention: u. s. economy has experienced major short from traditional service high-tech manufacturing industries. Ability to compete in global markets depends on new ideas, products, levels of productivity people with good ideas. Large numbers of (un)skilled workers from declining industries unemployed or need retraining. Underemployed : those who have more skills/ knowledge than their current jobs require or those with part time jobs who want to work full time. Shortage of workers in skilled trades due to retirement of baby boomers. Increasing numbers of baby boomers delay retirement or move to lower level jobs. Increasing number of single parent & 2-income families demand for job sharing, leave, special for women.