Chapter 1 HRM

HRM

Practices, policies and systems that shape employee behaviour, attitudes and performance.

Human Capital

Employee’s knowledge, abilities, experience, judgment, insights and relationships.

Employee experience

How employee perceive their interactions with the employer and the company throughout the journey, from recruitment and onboarding to everyday work, growth and departure.

Employee engagement

Employee involvement in work and commitment to job and organization.

Strategic HRM

Coordinating people practices with long-term organizational goals.

Job Analysis

Identifying the tasks and requirements of a job : systematic process of collecting and analyzing information about a job, including tasks, duties, responsabilities, skills to perform it …

Job Design

Structuring tasks and responsabilities withing a job.

Workforce planning

Anticipating the number and skills of employees required, anticipating future HR staffing needs : making sure you have the right number of people, the right skills at the right place and at the right time.

Recruitment

Attracting applicants and getting the right people interested. Marketing for people.

Selection

Choosing candidates.

Training

Building skills for current tasks : immediate performance.

Development

Preparing capabilities for future roles and bigger responsabilties. Long-term performance.

Performance management

Aligning and assessing employees’work with organizational goals.

HR analystics

Collecting and analyzing workforce data to inform HR decisions.

Talent Management

Overall strategy for attracting, engaging, developing and retaining the people , an organization needs to meet its goals.

Evidence-based HRM

Using credible evidence from several sources to make HR decisions.

Ethics

Principles used to judge right and wrong.

Labour force participation

Share of the working-age population employed or unemployed and seeking work.

Knowledge workers

Employees whose work relies primarily on specialized knowledge.

HRIS

Information system used to manage workfroce data.