Target I can identify and understand the goals and functions of human resource management.

Human Resource Management Finding & Keeping the Right People

Human Resource Management Functions:  Human resource planning  Recruitment  Selection  Training & Development  Motivation  Evaluation  Compensation & Benefits  Employee and Unions Relations

HR Issues Abundance of unskilled workers Shift in age composition of work force Complex set of laws Increase number of single parent and two- income families Continued downsizing

HR Issues Competition from overseas labor pools Increased demand for benefits tailored to individual Growing concern over health issues, elder and child care Decreased sense of employee loyalty

Recruiting External Sources Advertisements Job Fair Colleges Union Halls Personal Applications Employment Agencies Internal Sources Transfers Promotions Employee Recommendations

Selection 1.Obtain Application Forms 2.Interviewing 3.Employment Tests 4.Background Investigations 5.Physical and/or drugs tests

Training & Developing Employee orientations On-the-job training Apprentice programs Off-the-job training Online training Job Simulations Management Development

Evaluations Performance Review: An evaluation in which the performance level of the employee is measured. Results can affect: Promotions Compensation Additional Training Firing

Compensation  Salary: Fixed amount per year  Hourly: Based on hours worked  Piecework: Based on number of units produced  Commission: Based on a percent sales  Bonus Plan: Extra pay for meeting goals  Profit-sharing: Share of company profit

Fringe Benefits Health Insurance Sick and vacation pay Retirement plan Discounts Tuition Reimbursement Free Services (daycare, laundry, ect) Company car

Scheduling Flextime Compressed Workweek Telecommuting Job-Sharing By law, employees must earn overtime pay after working 40 hours in one week.

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Employment Laws Fair Labor Standards Act of 1938 Minimum wage and overtime pay for workers Equal Pay Act of 1963 Men and Women must be paid the same for doing the same work Civil Rights Act of 1964 Outlawed discrimination in employment based on sex, race, color, religion or national origin.

Employment Laws Affirmative Action: Employment activities designed to “right past wrongs” by increasing opportunities for minorities and women. Occupational Safety and Health Act of 1970 Regulated the safety in the workplace