HRM 1

• Organization - consists of people with formally assigned roles who work together to

  achieve the organization’s goals.
• manager - is someone who is responsible for accomplishing the organization’s goals, and who does so by managing the efforts of the organization’s people.
• Human Resource Management (HRM) - is the process of acquiring, training, appraising, and compensating employees, and of attending to their labor relations, health, and safety, and fairness concerns.
• Workforce Demographics and Diversity Trends - From an initial majority of men workers – more women, minority group members, and older workers are joining the corporate structure.
• Trends in How People Work - First on this is the rise with On-Demand Workers; where employees are not literally the ones who report on a fixed time basis but are those of freelancers and independent contractors.
• Globalization Trends - it is referred as companies extending their sales, ownership, and manufacturing to new markets abroad.
• Economic Trends - Globalization supported a growing global economy – tapping both the Gross National Product and Gross Domestic Product of countries.
• Technology Trends - aspect may be the most influential that shaped the human resource management today.
• HR and Strategy - As companies focus on the bigger picture, the idea of Strategic Human Resource Management has been conceptualized.
• HR and Performance - Employee performance-improvement efforts can be applied through three levers: (1) HR department lever, (2) employee costs lever, and (3) strategic results lever.
• HR and Employee Engagement - By definition, employee engagement is the extent to which an organization’s employees are psychologically involved in, connected to, and committed to getting their jobs done. This is important as it drives good employee performance.
• what are the three levers of HR and Performance

  • HR department lever
  • employee cost lever
  • strategic results lever