chapter 8 Human Resources Management

Human Resource Management (HRM)

The strategic approach to managing an organization's most valuable asset: its people.

Recruitment and Selection

The process of identifying, pursuing, and hiring qualified candidates to fill job openings within an organization.

Training and Development

Activities that provide employees with the necessary skills to perform their current jobs and prepare them for future roles.

Performance Appraisal & Feedback

A systematic evaluation process to assess employee performance and provide constructive feedback.

Compensation and Benefits

Programs and processes for providing competitive salaries and incentives to employees to attract and retain talent.

Employee Relations

Programs and activities designed to foster a positive relationship between the organization and its employees.

Succession Planning

The process of identifying and developing new leaders who can replace old leaders when they leave or retire.

Equal Employment Opportunity (EEO)

Legal framework that prohibits discrimination based on specific protected characteristics in employment practices.

Sexual Harassment

Unwelcomed sexual behavior that occurs in the workplace, potentially leading to a hostile work environment.

Strategic Human Resource Management

The process of aligning HR practices with organizational goals and strategies to ensure the effective management of human capital.

Legal Compliance in HRM

Ensuring that HR practices and policies adhere to laws and regulations governing employment.

Job Rotation

A training method that involves moving employees between different jobs to enhance their skills and experience.

360 Feedback

A multi-source feedback process where employees receive confidential, anonymous feedback from coworkers, subordinates, and supervisors.

Cafeteria Plans

Flexible employee benefit plans that allow employees to choose the benefits that best fit their individual needs.

Occupational Safety and Health Administration (OSHA)

A federal agency that regulates workplace safety and health standards.

Job Description

A detailed account of the responsibilities, requirements, and expectations associated with a specific position.

Diversity Training

Programs designed to help employees understand and value diversity, promoting an inclusive workplace.

Compensation Review Process

A systematic approach to evaluating and adjusting employee compensation based on performance and market conditions.

Background Checks

The process of verifying a candidate's qualifications and history prior to hiring.

Talent Acquisition

The ongoing process of attracting, selecting, and hiring skilled workers.

Organizational Culture

The shared values, beliefs, and norms that influence the way employees behave within an organization.