2. Human Resource Management

3. Objective  Define terms related to Human Resource Management  Identify the concepts of Human Resource Management  Discuss tools to manage employees  Discuss employee compensation, safety, and turnover  Identify Laws Effecting Human Resources

4. What is Human Resource Management?  Process of –Finding –Selecting –Training –Evaluating

5. Finding Employees  Post Help Wanted Ads/Job Description  Internal Recruiting  External Recruiting  Headhunters  Referrals

6. Selecting  Use Applications  Interview  Testing  Temporary Employment

7. Training  Helps employees perform at a high level  Orientation  On-the-Job Training  Group Training

8. Evaluating  Monitoring Performance  Usually 3 to 6 months or Annually  One on One with Manager  Observations  Critique Sheets

9. Compensation  Wage – Hourly payment  Salary – Set Pay  Benefits – Indirect forms of Payment

10. Incentive Compensation  Commission  Profit Sharing  Gain Sharing  Bonuses  Flextime

11. Benefits  Insurance  Pension Plans (Retirement Fund)  Leave Time  Child Care  College Tuition/Reimbursement  Access to Recreational Facilities

12. Safety  Accidents lead to suffering for both sides  Lost of time, productivity and money for a company  Occupational Safety and Health Administration (OSHA) – Government Agency set to ensure safety and healthy working conditions

13. Employee Turnover  Promotion  Transfer  Separation

14. The Laws Effecting Employment  Fair Labor Act  Social Security Act  Unemployment Act  Worker’s Compensation Act  Civil Right Act  Equal Pay Act  Americans W/Disabilities Act  Family and Medical Lead Act