What is human capital management?
"Human capital management is the strategic management of employees to ensure that they stay happy and productive. Human capital is one of the biggest assets many companies have, and managing it well can be the difference between success and failure."
What is the definition of human resource management?
The Human Resources Management (HRM) function includes a variety of activities, and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs, recruiting and training the best employees, ensuring they are high performers, dealing with performance issues, and ensuring your personnel and management practices conform to various regulations. Activities also include managing your approach to employee benefits and compensation, employee records and personnel policies
List the strengths and weaknesses of a manager?
Strengths in a manager include supporting the staff, knowing when to delegate, and giving credit to the staff for their performance or ideas. Weaknesses in a manager include favoritism, a lack of communication and ignoring the suggestions of the staff.
Effective teamwork and high productivity are good indications of positive?
Effective teamwork and high productivity are good indications of positive business practices.
What is the meaning and purposes of organizational controls?
The meaning and purposes of organizational controls are seen in various departments of an organization. The human resource will take charge of hiring and firing or staff, finance department handles all financial transactions and so much more.
What is the difference between limited and general direction?
Limited would be in the context of a specific subject and therefor limited in nature. Whereas general would be more global in specifically addressing a broad range of subjects.
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What is a learned organization?
There are many things that can be learned organization. This learned organization is not a technique that comes by instinct.
What are the Human resources management functions?
Human Resource Development
Performance Appraisal
Compensation Management
Grievance Handling & Disciplinary Procedure
What are advantages of good communication skills?
Advantages of goood communication skills are the business is more productive as everyone knows the right information, at the right time by the right person. It flows better in the organisation.
In any hierarchical structure, each person takes orders from his or her immediate superior who is answerable to his or her immediate superior, and so on until you get to the person who is the ultimate authority. This is called the chain of command. Disregarding the chain of command can mean either failing to obey the commands of your immediate superior or leaping a level and taking orders from someone who is not your immediate superior or giving them to someone who is not your immediate inferior.
What are the responsibilities of a chairperson in a meeting?
What are the Advantages disadvantages of sources of recruitment?
Advantages are they open up more of a pool of applicants and talents. Disadvantages are they take a lot of time.
What is the meaning of agenda?
a·gen·da [ə jéndə] noun (plurala·gen·das)
1. list of things to do: a formal list of things to be done in a specific order, especially a list of things to be discussed at a meeting 2. matters needing attention:the various matters that somebody needs to deal with at a specific time
3. personal motivation: an underlying personal viewpoint or bias
Plural of agendum
[Early 17th century. < Latin , plural of agendum"thing to be done" < agere "to do"] set the agendato be the major influence or force affecting something
Although agenda is strictly speaking a plural noun meaning "things to be done," the singular form agendum is no longer used; agenda is used in the singular as if it were "a list of things to be done," with a plural form agendas: The agenda for tomorrow's meeting has been changed.This item has appeared on a number of previous agendas. The use of agenda as a verb meaning "to put an item on an agenda" (We will agenda that for the next meeting) is criticized and is better avoided.
this it the answer Marian O. The meaning of the word agenda is a plan. It could also refer to a list or outline of what will happen.
What is the definition of attrition in HR?
In Human Resources, the term attrition refers to the loss of employees over time through various means including downsizing and employees leaving on their own accord such as retirement. Many times new employees are not hired to replace the ones who have left and duties are divided among those who remain.
What is contingency theory of leadership?
It is the theory that there is not a one-size-fits-all leadership strategy, meaning that effective leadership is contextual.
How does human resources help an organization?
Human resources (HR) plays a critical role in organizations by managing its most important asset: its people. Here are some of the key ways in which HR can help an organization:
Recruitment and hiring: HR is responsible for recruiting and hiring talented individuals who will help the organization achieve its goals. They help create job descriptions, post job openings, review resumes, conduct interviews, and make job offers.
Training and development: HR ensures that employees have the necessary skills and knowledge to perform their jobs effectively. They organize training programs, workshops, and other learning opportunities to help employees develop new skills and improve their performance.
Employee relations: HR is responsible for fostering positive employee relations by providing a safe and inclusive workplace where employees feel valued and respected. They handle employee complaints, mediate disputes, and ensure that the organization is complying with labor laws and regulations.
Benefits administration: HR manages employee benefits programs, such as health insurance, retirement plans, and paid time off. They ensure that employees are informed about their benefits, enroll in them, and receive the appropriate benefits.
Performance management: HR helps managers set performance expectations, provide feedback, and evaluate employee performance. They also develop and implement performance improvement plans when necessary.
Compliance: HR ensures that the organization complies with all applicable laws and regulations related to employment, such as anti-discrimination laws, wage and hour laws, and workplace safety regulations. Overall, HR plays a crucial role in supporting an organization's success by managing its most important resource - its people.
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How do you calculate staff turnover as a percentage?
Take the total number of people employed during the year divided by the current number of employees. Subtract 1. Multiply by 100. So if you issued 75 W-2's and had 50 employees: 75/50=1.5, 1.5-1=.5, .5*100=50% turnover. You might need to adjust this calculation for certain factors, such as seasonal employees. If you added 10 people each year for a short period of time, you would want to subtract the seasonal employees before doing the calculation. If you found that you had 12 seasonal people amongst the 75 W-2's, then you had a 20% turnover of seasonal staff.
What cultural factors affect human resource management?
There are many cultural factors that affect human resource management. Another factor is motivations. Different cultures tend to have different motivations.
How can answer appraisal form questions?
state your understanding of your duties and responsibilities
What are the advantages of Human Resources Planning?
-setting the strategic direction
-designing the human resource management system
-planning the total workforce
-generating the required human resource
-investing in human resource developing and performance
What are the functions of a line manager?
Line manager is the one who is responsible for getting effective performance, for ensuring adequate training and development, for welfare and discipline, counseling, and hiring, and firing; responsible for the planning, control and organization of work, for motivating staff and generally for getting the job done through people [source:human resource management]
What is the advantages and disadvantages of Human Resources accounting?
It is in fact difficult to imagine how an organisation could effectively hire, train, appraise, compensate or use its human resources without the kinds of information derived from job analysis" (Ivancevich 1995, as cited by Stone 2002:129) The importance of human resources within an organization is becoming increasingly understood in today's rapidly changing and uncertain business environment (Davidson & Griffin 2000: 18). In order to assist employees in helping an organisation to reach its strategic business goals, effective human resource managers often gather job related information in a job analysis and job description, which is vital to creating or re-designing jobs which provide employees with a high level of job satisfaction (Stone 2002: 123). The basic human resource activity of gathering detailed information about a particular job's duties, tasks and responsibilities, can help organisations achieve strategic goals more efficiently and effectively by avoiding both duplication and overlapping of work in jobs