Capital includes cash, valuables, or goods used to generate income for a business.
What is the process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them
Human Resource Management (HRM)
What invloves the entire hiring process from posting a job to negotiating a salary package
Withing the staffin funcion what are the four main steps?
1.Develpmen of Staffing plan
2.Development of policies to encourage multiculutralism at work
Includes anything the employee receives for his or her work.
the process of and strategies of keeping and motivating employees to stay with the organizaiton
Anything that the company has no direct control over; it could postively or negatively impact human resources.
a policy that allows employees to set their own schedules to work around family and personal needs
Flexible work schedule
Alows employees to work from home on a remote location for a specified period of time, such as one day per week.
The ability to work on more than one task at a time
A concept that examines the moral rights and wrongs of certain situations.
A type of benefits plan that gives all employees a minimum level of benefits and a set amount the employee can spend on flexible benefits, such as additional health care or vacation time.
Replacement of employees who are fired or quit. The term is normally expressed as a percentage the ratio of the number of workers who had to be replaced in a given period to the average number of workers at the organization.
Moving job overseas to contain costs
An organization that does not have physical office, rather employees use technology and do their job from home or the location of their choice.
Using a work computer for personal reasons, resulting in lost productivity.
Defined by being born during the baby boom, which occured after Worl War II durng the years between 1946 and 1964.
A document that explains the expected ethical behavior or employee.
Code of Ethics.
An elaborate and systematic plan of action developed by the human resource department.
Human Resource Strategy
A written document that consists of the major objectives the organization wants to achieve.
HRM Strategic Plan
Detailed, written plan to ensure the strategic plan is achieved.
1. Strategic Plan
2. Change Agent
3. Administrative expert and functional expert
4. Human capital developer
5. Employee advocate
A written document that consists of the major objectives the oranization wants to achieve
HRM Strategic Plan
Detailed, written plan to ensure the strategic plan achieved
Refers to the introduction, growth, maturity, and decline of the organization, which can vary over time. A different HRM strategy is needed, depending on the organizational life cycle the company is experiencing.
Organizational Life cycle
A detailed document that synthesizes information to determine how many people should be hired, when they should be hired, and what skills should have.
A person who specializes in matching job with people and usually works only with high-level positions.
The organization's way of doing things.
A method by which job performance is measured.
The real of perceived difference between individuals.
Looks at power and privelege difference in society
A system of advantages based on race, gender sexual orientation, and other component of diversity.
Power and Privilege
The rule states that a selection rate for any race, sex, or ethnic group that is less that four-fifths of the race for the group with the highest rate could be regarded as adverse impat.
Refers to employment practices that may appear to be neautral buy have a discriminatory effect on a protected group.
A federal agency charged with the task of enforcing federal employment discrimination laws.
Equal Employment Opportunity Commission
This act passed in 1964 and enforced by the EEOC, covrs several areas of discrimination including age, race, and sex.
Title VII of the Civil Rights Act
A quality or attribute employers are allowed to consider when making decisions during the selection process.
bona fide occupational qualification BFOQ
Created in 1967 and enforced by the EEOC, this law prohibits discrimination based on age and covers people who are age forty or older.
Age discrimination in Employment
Prohibits discrimination against those with disabilities and is enforced by the EEOC.
American with Disabilties Act (ADA)
A change in the work environment or the way things are customarily done that enables an individual with a disability to enjoy equal employment opportunities.
The law gives twelve weeks of unpaid leave for childbirth, adoption, or caregiving of sick family members.
Family and Medical leave Act. (FMLA)
A process that provides the organization with a pool of qualified job candidates from which to choose.
Someone who applies for a position within the company who is already working for the company.
A system or a process in which job advertisments may be posted INTERNALLY through a predetermined method so all employees have access to them.
A formal system developed to determine the tasks people actually perform in their job.
Refers to how a job can be modified or changed to be more effective
A list of tasks, duties, and responsibilites of a job.
The skills and abilities the person must have to perform the job.
A law adopted by Congress in 1986 that requires employers to attest to their employees' immigration status.
Immigration Reform and Control Act (IRCA)
Signed in response to the Septermber 11,2001, attacks, the Patriot Act introduced legislative changes to enhance the federal goverment's ability to conduct omestic and international investigations and surveillance activities.
When an organization discriminate through the use of a process affecting a protectd group as a whole rather than consciously intending to discriminate.
When one person is intentionally treated differently than another, not necessarily impacting the larger protected group as a whole, asin disparate impact.
A preference for hiring relatives of current employees.
A type of recruitment strategy that involves a planned program to access current employee referrals.
Employee Referral Program (ERP)
The percentage of application from one source who make it to the next stage in the selection process.