Chapter Objectives • Define human resource management (HRM). • Identify and discuss the human resource management functions. • Explain who performs the human resource management tasks. • Examine the interrelationships within HRM
Human Resource Management • Utilization of individuals to achieve and shape organizational strategies • All managers at every level must concern themselves with human resource management. • Five functions that define human resources
Human Resource Management Functions 1 Staffing Human Resource Management Human Resource Development Employee and Labor Relations Compensation and Benefits Safety and Health
Staffing • Job Analysis • Human Resource Planning (HRP) • Recruitment • Selection
Compensation and Benefits Compensation - All rewards that individuals receive a a result of their employment
Safety and Health Employees who work in a safe environment and enjoy good health are more likely to be productive and yield long-term benefits to the organization.
Employee and Labor Relations Business required by law to recognize union and bargain with it in good faith if firm’s employees want union representation.
Interrelationships of HRMFunctions • All HRM functions are interrelated • Each function affects other areas • For example, Recruiting – Compensation
HR’s Changing Role: Who Performs Human Resource Management Tasks? • Human Resource Managers • Shared Service Centers • Outsourcing Firms • Line Managers
Week 2 – MGMT 351 • Ch. 2: HRM- Social Responsibility and Business Ethics • Ch. 4: Staffing: Job Analysis and HRM Planning