Human Resources and the Labor Market pt 1

human resources

employees (full-time and part-time), independent contract workers, anyone who contributes to the success of an organization or company

premises of HR and planning & management

the vitality of success of organizations/businesses is inextricably linked to the human resources, employees qualified staff is one of the most important functions of organizations/businesses, organizations/businesses are not static

HR planning

the process by which organizations/businesses determine how to change personnel in the existing organizational structure to meet the future needs of customers and changes to the operating environment

HR planning steps

strategic alignment, skill inventory, forecasting, gap analysis, tactical action planning, implementation, evaluating 

the strategic HR planning process 

analyze organizational objectives and goals, periodical examine of the organizational structure and evaluate of the essential duties and responsibilities assigned to each position, etc

human resource management

the function within an organization that is responsible for managing the employees or the human resources, the act of putting the right people to the right task making maximum use of the employees’ talent and abilities to achieve desired goals and objectives

where do you find HR in organizations

Dept or Office in larger organizations, dedicated staff (ex: HR managers), on more function for the manager (ex: entrepreneurs, small businesses)

what does HR management do 

recruiting, selecting, and hiring, training developing and retaining managing employees, performance appraisal, ensures compliance with labor laws and policies, firing