Human Resources Management - HR Planning

These flashcards cover key terms and definitions related to Human Resources Management and HR Planning, essential for understanding the course content and preparing for exams.

HR Planning

The process of assessing the human resources needs of an organization, both quantitatively and qualitatively.

Quantitative planning

The process of determining the right number of resources needed at the right time for effective HRM.

Qualitative planning

The evaluation of the right competencies required for various roles within an organization.

KSAO

Knowledge, Skills, Abilities, and Other characteristics necessary for effective job performance.

Job Analysis

A method of collecting and analyzing information about job tasks, responsibilities, and work context.

Selection Criteria

The standards used to evaluate candidates for a job, including mandatory and possible qualifications.

Employee Turnover Rate

A measure of the percentage of employees that leave an organization over a specific period.

Competency Profile

A detailed outline of the knowledge, skills, abilities, and other attributes required for a specific job.

HR Staffing Process

The series of steps involved in filling an empty position, including planning, recruitment, selection, and orientation.

Economic Environment

The external factors that influence job availability and workforce needs, including market conditions and economic trends.