HRM Unit 1 Review
HRM Unit 1 Review
UNIT I - Review
VIDEO…
Human Resource Management (HRM)
Explained:
Everything you Need to Know
https://youtu.be/aPEUKLxxh_k
Class Discussion
LEARNING OUTCOMES
1. Explain what is human resource management.
2. State how HRM relates to the management process.
3. Review functions of HRM in an organization.
4. Give reasons for the importance of HRM to an
employer/organization and to the employees.
5. Assess how changes in the global economy are
impacting the HRM functions
6. Review laws, regulations or policies that affect the work
environment, employees and employer’s relationships.
7. Research five (5) new and emerging trends in HRM in
the work environment. (Student)
8. Explore careers in HR.
Human Resource Management at Work
• What Is Human Resource Management (HRM)?
The process of acquiring, training, appraising, and compensating
employees, and of attending to their labour relations, health and
safety, and fairness concerns.
• Organization
People with formally assigned roles who work together to
achieve the organization’s goals.
• Manager
The person responsible for accomplishing the organization’s
goals, and who does so by managing the efforts of the
organization’s people.
The Management Process
Planning
Controlling Organizing
Leading Staffing
Human Resource Management Processes
Human Resource
Planning
Human
Resource
Management
Health and Safety
(HRM) Appraisal
Wellness
9
CHALLENGES IN HRM
10
ENVIRONMENTAL
CHALLENGES
• Rapid change
• Work force diversity
• Globalization
• Legislation
• Evolving Work and Family Roles
• Skills shortages and the Rise of the Service Sector
11
ORGANIZATIONAL
CHALLENGES
• Competitive position: cost, quality, distinctive capabilities
• Decentralization
• Downsizing
• Organizational restructuring
• Self-managed work teams
• Small businesses
• Organizational culture
• Technology
• Outsourcing
12
INDIVIDUAL CHALLENGES
13
Trends in the Nature of Work
Globalization
and Competition
Trends
Indebtedness
(“Leverage”) and Technological
Deregulation Trends
Trends in HR
Management
Workforce and
Trends in the
Demographic
Nature of Work
Trends
Economic
Challenges and
Trends
TABLE 1–2 Some Technological Applications to Support HR
Web portals Employers use these, for instance, to enable employees to sign up
for and manage their own benefits packages and to update their
personal information
Streaming desktop video Used, for instance, to facilitate distance learning and training or to
provide corporate information to employees quickly and
inexpensively
Internet- and network- Used to track employees’ Internet and e-mail activities or to monitor
monitoring software their performance
Electronic signatures Legally valid e-signatures that employers use to more expeditiously
obtain signatures for applications and record keeping
Electronic bill presentment Used, for instance, to eliminate paper checks and to facilitate
and payment payments to employees and suppliers
Data warehouses and Help HR managers monitor their HR systems. For example, they
computerized analytical make it easier to assess things like cost per hire, and to compare
programs current employees’ skills with the firm’s projected strategic needs
Establishing Human Resource Information
Systems (HRIS)
• What is it?
• Benefits?
• Drawbacks?
HR INFORMATION SYSTEM
• Systems used to collect, record, store, analyze and
retrieve data concerning an organization’s human
resources
• Applicant tracking
• Skills inventory
• Payroll
• Benefits administration
HRIS SECURITY AND PRIVACY
• Limit access to HRIS by controlling access to the
computer and its data files
Recruiter
Labour relations
specialist EEO coordinator
Human
Resource
Specialties
Training specialist Job analyst
Compensation
manager
Sources