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Chapter 9: Human Resources Management

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1 Chapter 9: Human Resources Management
Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

2 HR Duties Maintain Equal Employment Opportunity Recruitment Training
Performance Evaluation Compensation Benefits Labor Relations Employee Turnover Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

3 EEO and Key Legislation
Equal Pay Act Civil Rights Act Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

4 Recruitment Before recruitment occurs Job analysis Job specification
Job description Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

5 Recruitment Sources Internal Sources External Sources Advertisements
Employee Agencies Internet Schools, colleges, and universities Walk-ins Networking Signage Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

6 Hiring Different positions require different approaches Use of:
Resumes Applications Interviews Reference checks Tests Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

7 Training New Employees Existing Employees Executives Middle managers
Sales associates Nonselling employees Existing Employees Promotion Transfer New system Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

8 Training Methods Role Playing Vestibule training Classroom training
On-the-job training Video presentations Online training CD-ROM Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

9 Employee Evaluations Identify most talented employees
Evaluate according to established criteria Recognize those suited for promotions Address strengths and weaknesses Motivate employees Identify best placement for employee Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

10 Evaluation Process Structured forms focusing on major areas of performance Written summary outlining strengths and weaknesses Scheduled at specific areas, never more than six months Evaluation done by immediate supervisor Salary increases given to better-performing employees Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

11 Compensation Methods Straight salary Salary plus commission
Straight commission Quota bonus Salary plus bonus Profit sharing Stock options Prize money Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

12 Criteria for Good Compensation Plans
Direct relationship between productivity and salary Similar jobs should pay similar amounts Additional income potential and promotion should be part of the plan Constant minimum dollar amount should be received weekly Salaries should be based on prevailing wages and attract most qualified Employees should understand the plan Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

13 Employee Benefits Health care Discounts
Dining and recreational facilities Pension plans Tuition reimbursement Child care facilities Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

14 Labor-Management HR part of collective bargaining process
Develop compensation packages for union contracts Establish dispute resolution procedures Foster improved labor-management relationship Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

15 Retention Strategies Competitive compensation plans
Provide desired fringe benefits Reward employees with promotions Recognize outstanding performance Maintain day cares Provide stock options Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved

16 Trends in HR Posting positions on the Internet
Increase in the use of part-time employees Major use of pre-employment investigative resources High-tech training procedures Innovative remuneration methods Diamond: Fashion Retailing: A Multi-Channel Approach. (C) 2006 Pearson Education, Upper Saddle River, NJ All Rights Reserved


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