6 Key Termhuman resourcesthe people employed in a business, commonly referred to as employeeshuman resources managementthe process of finding, selecting, training, and evaluating employees
7 Key Terma detailed outline of the duties, qualifications, and conditions required to do a specific jobjob descriptioncompensationpay and benefits
8 Key Terman amount of money paid to an employee on an hourly basiswagea fixed amount of pay for each week, month, or yearsalary
9 Key Termextra compensation that workers receive such as health and life insurance, sick leave, holiday pay, and retirement plansbenefitsactively looking for qualified people to fill a jobrecruitment
10 Key Termthe process of verifying certain information provided by a job applicantbackground checksomeone who comments on a job applicant’s character and qualifications for a jobreference
11 Another term for employees is human resources. the people employed in a business, commonly referred to as employees.
12 Graphic Organizer Employees Productive Business Skill Knowledge Labor ExperienceEmployeesProductive Business
13 Meeting Staff NeedsThe specific staffing needs of a business are usually handled by a human resources manager.
14 Writing a Job Description When filling a job, human resources managers begin by writing a job description.job descriptiona detailed outline of the duties, qualifications, and conditions required to do a specific job
15 Writing a Job Description A job description might require a certain level of experience and education.The job could also be part-time, full-time, or temporary.
17 Pay and BenefitsTo attract and keep good employees, businesses must offer competitive compensation.compensationpay and benefits
18 Pay can be in the form of a wage or a salary. Pay and BenefitsPay can be in the form of a wage or a salary.wagean amount of money paid to an employee on an hourly basissalarya fixed amount of pay for each week, month, or year
19 Many jobs offer benefits. Pay and BenefitsMany jobs offer benefits.benefitsextra compensation that workers receive such as health and life insurance, sick leave, holiday pay, and retirement plans
20 Pay and BenefitsA pension plan is a retirement plan that is funded at least in part by an employer.
21 Pay and BenefitsA profit-sharing plan makes an annual contribution to an employee’s retirement fund when the company makes a profit.
22 Pay and BenefitsWith a 401(k) retirement plan, employees set aside a percentage of funds from each paycheck to go into their 401(k) investment account.
23 Human resources managers are responsible for recruitment. Job RecruitmentHuman resources managers are responsible for recruitment.recruitmentactively looking for qualified people to fill a job
24 Job RecruitmentMost recruiters first consider filling a new job with someone who already works for the company.
25 Graphic Organizer Ads in Newspapers Job Fairs Ads in Magazines Schools Recruitment SourcesSchoolsReferralsEmployment AgenciesInternet
27 Hiring Older WorkersMore businesses are hiring people of retirement age. Companies such as Home Depot and Borders have joined with the American Association of Retired Persons, or the AARP, in a commitment to hire older workers.
28 Considering Job Applicants The first step to selecting the right candidate for the job is reviewing résumés and application forms.A résumé is a worker’s summary of academic and work history.
29 Considering Job Applicants The second step to selecting the right candidate for the job is interviewing qualified candidates.
30 Graphic Organizer The Interview The recruiter finds out If the candidate is right for the jobHow the candidate communicatesThe candidate finds outIf this is the right job for him or herAnswers to any outstanding questions
31 Considering Job Applicants The third step to selecting the right candidate for the job is testing.Testing helps companies make sure that job candidates have the right skills and character for a job.
32 Background Checks and References The final step in selecting the right candidate is doing a background check, which includes checking references.background checkthe process of verifying certain information provided by a job applicantreferencesomeone who comments on a job applicant’s character and qualifications for a job
33 You own a retail store. You want to hire a cashier and want to make sure you hire someone who won’t steal from you. You know that the federal government has rules forbidding your use of a lie detector, so you decide to give applicants a psychological test to predict a tendency to steal.Decision Making Do you think it is appropriate to decide whether a person will steal based on the results of a psychological test? Explain your answer.
34 AnswerAnswers will vary but students should suggest that it might not be fair to judge a person’s future behavior based on the results of a psychological test. However, it is smart for a business owner to be very cautious when hiring.
35 What are human resources? the people employed in a business
36 What do human resources managers do to help businesses meet staffing needs? they write a job description and advertise the position and also recruit potential employees
37 What are the four steps to selecting the right person for a job? reviewing each candidate’s application and/or résumé; screening people for the job; interviewing qualified candidates; and checking references