Introduction to Human Resource Management

Vocabulary flashcards based on key concepts in Human Resource Management.

Human Resource Management

The policies and practices involved in carrying out the human resource aspects of a management position, including recruitment, training, and employee development.

Staffing

The process through which an organization ensures that it has the right number of employees with appropriate skills in the right jobs at the right time.

Performance Management

A goal-oriented process to ensure organizational processes are in place to maximize productivity.

Compensation Management

All rewards that individuals receive as a result of their employment, including financial and nonfinancial compensation.

Safety and Health

Legislations and practices that protect employees from work-related injuries and promote general physical and mental well-being.

Line Authority

The right of a manager to issue orders to other managers or employees.

Staff Authority

The right of a manager to advise other managers or employees.

HR Outsourcing

The practice of transferring specific human resource management functions to an outside service provider.

Shared Service Center (SSC)

A centralized location that consolidates routine HR activities from across an organization, providing efficiency and cost savings.

HR Scorecard

A measurement system that uses metrics to track HR activities and their link to organizational outcomes.