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what is the role/goal of HRM
to enhance organizational effectiveness by optimizing the performance, engagement, and development of employees
what are the four key objectives of HRM
attract and retain talent, boost productivity and efficiency, enhance employee engagement, support organizational adaptability
attract and retain talent
ensuring the organization has access to skilled and motivated individuals
boost productivity and efficiency
improving employee performance through strategic support and resource allocation
enhance employee engagement
fostering a work environment that motivates and supports employees
support organizational adaptability
building a workforce that can adapt to changes in the industry or market
what are the 3 main categories of the HRM process
Talent acquisition and workforce planning, Employee development and performance management, Employee engagement and retention
workforce planning
anticipating future talent needs based on organizational goals and industry trends
recruitment and selection
identifying, attracting, and hiring the best candidates for available roles
onboarding
introducing new employees to the organization’s culture, values, and processes
what are the two types of interviews
structured and unstructured
structured interview
interviewer asks every candidate the same questions in the same order
unstructured interview
interviewer asks open-ended questions and allows for a free-flowing conversation.
what is the goal of talent acquisition and workforce planning
to ensure the organization has the right people in the right roles at the right time
training and development
providing employees with opportunities to improve skills and prepare for future roles
training
how the organization teaches and trains employees to do their CURRENT role
development
what are the skills, knowledge, etc that you would need for your future job within the organization
performance appraisal
assessing and reviewing employee performance on a regular basis
career pathing and succession planning
offering pathways for career advancement and ensuring critical positions have qualified replacements