Strategic Human Resource Management

These flashcards cover key terms and concepts in strategic human resource management, including recruitment, performance appraisal, employee relations, and compliance with legal standards.

Strategic Human Resource Management

• Identifying future and current skills and talents necessary to fulfill the goals and strategy of th organization

• Development and implementation of plans and programs to recruit, train, develop, support, and retain talent

• Talent is a strategic resource, helps build competitive advantage and distinctive competencies

• The key to an organization is anticipating and addressing the current and future needs of talent

Succession Planning

Identifying individuals for future openings and evaluating their potential for higher roles.

Recruitment and Selection

Process of identifying and hiring qualified candidates for current and future positions.

Performance Appraisal

Employee evaluation based on pre-established standards conducted at regular intervals.

Training

Teaching employees the skills they need to perform effectively in their current jobs.

Development

Preparing employees for future responsibilities or expanding their current role.

Compensation and Benefits

Providing competitive pay and advantages to support employees.

Employee Relations

Programs and services enacted to foster positive relationships between employees and the organization.

Civil Rights Act of 1964

Legislation that prohibits discrimination based on race, color, religion, sex, or national origin.

Sexual Harassment

Unwelcome behavior of a sexual nature that affects an individual's job outcomes.

Quid Pro Quo

A situation where job benefits are contingent upon an individual submitting to unwanted advances.

Hostile Work Environment

An intimidating or offensive work setting due to harassment.

Annual Review of Compensation

A yearly assessment to adjust pay according to industry norms and correct inequities.

Compensation Packages

Comprehensive offerings that include salary, benefits, and incentives.

Employee Feedback

Information given to employees about their performance to help improve future performance.

Objective Feedback

Constructive criticism based on observable behaviors and facts.

Pre-established Standards

Criteria set before the evaluation to measure employee performance.

Balanced Feedback

Acknowledgment of both strengths and weaknesses in performance appraisals.

Challenge of Competitive Compensation

The difficulty of designing attractive pay and benefit packages to retain talent.

Employee Survey

A tool used to gather feedback from employees about their experiences and satisfaction.