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Human Resource Management (HRM)
A strategic approach to managing employees and ensuring their well-being, balancing employee satisfaction with organizational profitability.
Labour Turnover
The rate at which employees leave an organization, which can result in costs related to hiring and training new employees.
Motivation Theories
Concepts that explain what drives individuals to work harder and more efficiently, including Classical theories like Taylor's Scientific Management and Maslow's Hierarchy of Needs.
Recruitment
The process of attracting, selecting, and appointing suitable candidates for jobs within an organization.
Employee Engagement
The level of enthusiasm and dedication an employee feels toward their job and the organization.
Training and Development
The ongoing educational activities within an organization to improve the employee's skills and knowledge.
Performance Appraisal
A regular review of an employee's job performance and overall contribution to the organization.
Job Satisfaction
A measure of how content an individual is with their job.
Organizational Culture
The values, beliefs, and behaviors that shape how work gets done within an organization.
Diversity and Inclusion
Initiatives and policies that promote the representation and participation of different groups of individuals.
Compensation and Benefits
The various monetary and non-monetary rewards given to employees in exchange for their work.
Employee Relations
The management of the relationship between the employer and the employees.
Work-Life Balance
The equilibrium between personal life and career work.
Succession Planning
The process of identifying and developing new leaders who can replace old leaders when they leave, retire, or die.
Talent Management
The systematic attraction, identification, development, engagement, retention, and deployment of individuals with high potential.
Labour Law
The body of laws that regulates the rights and responsibilities of workers, employers, and unions.
Workplace Safety
The policies and procedures in place to ensure the safety and health of employees in the workplace.
Organizational Structure
The way in which the lines of authority, communications, duties, and rights of an organization are arranged.
Change Management
The approach to transitioning individuals, teams, and organizations to a desired future state.
HR Analytics
The application of analytics to human resource data to improve decision-making.
Flexible Work Arrangements
Work arrangements that allow employees to have flexibility in when and where they work.
