HR 1

Any mamager who is in charge of a team, has to take on tasks like an ___ which makes these also ___

HR manager

Human Capital

It shows the value of everything that makes the employees in an organization workforce.

What are some HR challenges for small organizations.

Shortage of qualified workers, increasing costs of employee benefits, rising payroll taxes, and government regulation compliance.

What is a a core competency in HR and how can people be a company’s core competency?

A unique capability creates high value in which an organization excels. Also Differentiates an org. from competitors.

how could hr management increase productivity and make it a competitve advantage?

By fostering a culture of effectivnetss and effciency, lowering the cost of producting goods and services, and potentially increasing revenue.

one way to measure how productive the workforce is, is by looking at something called

the unit labor cost. it shows how much labor cocts per unit of output.

WHat are some HR techniques to enhance productivity or cut costs?

restructuring, redesigning work, aligning HR activities, and outsourcing.

HR is becoming more of a strategic rathe rthan

administrative

WHat role does HR play in enforcing ethics in a company?

HR drafts the code of ethics and standard, provides training, offers guidance, and ensures there’s a way to confidentially report issues.

Sarbanes Oxley Act

reduces the likelihood of illegal and unethical behaviors. It requires PUBLIC TRADED COMPANIES to create ethics codes, develop complaint systems, and protect whistleblowers.

How can people be a core competency?

When employees' skills, service, or creativity give the company a competitive edge.

What are the 3 main roles of HR

Administrative, Operational (Employee Advocate), and Strategic.

Trends in Workforce Changes?

More racial/ethnic diversity, more women, aging population, and growth in contingent (temp) workers.

Benefits of HRIS?

Supports planning, recruitment, selection, training, and performance analysis.