REVISION (LESSON 12-21)
KEY TERMS
Plans Plans are
methods for achieving a desired result.
Simulation A technique
for experimenting with a real-world situation through a
mathematical model representing that situation. A model is an
abstraction of the
real world.
Strategic planning is
the process by which top management determines overall organizational
purposes and objectives and how they are to be achieved.
Layoffs At times, the
firm has no choice but to actually lay off part of its workforce.
Strategic planning:
It is the process by which top
management determines overall organizational
purposes and objectives and how they are to be achieved.
Human Resource Information System
HRISs are systems used to collect, record, and store, analyze,
and retrieve data
concerning an organization's human resources.
Job Analysis: Studying
and under-standing jobs through the process known as
job analysis
is a
vital part of any HRM program
Job Specification A
job specification is a document containing the minimum acceptable
qualifications that a person should possess in order to perform
a particular job
Job Description A job
description is a written statement of what the jobholder actually does, how
he or she does it, and under what conditions the job is
performed.
Job Evaluation It
suggests about the relevant importance of a particular job in organization.
Job Identification
Contains the job title, the FLSA status, date, and possible space to indicate
who
approved the description, the location of the job, the immediate
supervisor’s
title, salary and/or pay scale.
Job Summary should
describe the general nature of the job, and includes only its major
functions or activities.
Human resource planning (HRP):
It is the process of systematically reviewing human resource
requirements to
ensure that the required number of employees, with the required
skills, is
available when they are needed.
Recruitment: It is the
process of attracting individuals on a timely basis, in sufficient numbers
and with appropriate qualifications, and encouraging them to
apply for jobs with
an organization.
Job Evaluation It is
used to evaluate the importance of job by considering its contribution
towards achievements of the objectives of organization.
Advertising A way of
communicating the employment needs within the firm to the public
through media such as radio, newspaper, television, industry
publications, and
the Internet.
Yield Ratios: Yield
Ratios help organizations decide how many employees to recruit for each
job opening.
Internal Recruiting Sources:
When job vacancies exist, the first place that an organization
should look for
placement is within itself
Outsourcing Out
sourcing is the process of transferring responsibility for an area of service
and its objectives to an external service provider instead of
internal employee.
Contingent Workers It
is also known as part-timers, temporaries, and independent contractors,
comprise the fastest-growing segment of our economy.
Internships A special
form of recruiting that involves placing a student in a temporary job.
Recruitment:
Recruiting refers to the process of attracting potential job applicants from the
available labor force.
Selection Process
Selection
is the process of choosing from a group of
applicants those individuals
best suited for a particular position.
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Application Blank
Application blank is a formal record of an individual’s application for
employment.
Standardization:
Refers to the uniformity of the procedures and conditions related to
administering tests. It is necessary for all to take the test
under
conditions that are as close to identical as possible.
Objectivity: Achieved
when all individuals scoring a given test obtain the same
results.
Norms: Provide a frame
of reference for comparing applicants’ performance
with that of others. A norm reflects the distribution of scores
obtained
by many people similar to the applicant being tested. The
prospective
employee’s test score is compared to the norm, and the
significance of
the test score is determined.
Reliability: The
extent to which a selection test provides consistent results. If a test
has low reliability, its validity as a predictor will also be
low. To validate
reliability, a test must be verified.
Validity: The extent
to which a test measures what it purports to measure. If a
test cannot indicate ability to perform the job, it has no value
as a
predictor.
Snap Judgments: This
is where the interviewer jumps to a conclusion about the candidate
during the first few minutes of the interview.
Socialization:
Teaching the corporate culture and philosophies about how to do
business
Socialization: In
order to reduce the anxiety that new employees may experience,
attempts should be made to integrate the person into the
informal
organization.
Training: Training is
a process whereby people acquire capabilities to aid in the
achievement of organizational goals. It involves planned
learning
activities designed to improve an employee’s performance at
her/his
current job.
Corporate Culture: The
firm’s culture reflects, in effect, how we do things around here.
This relates to everything from the way employees dress to the
way they
talk.
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