Managing Human Capital - Posted

Managing Human Capital - Posted - Managing Human Capital An...

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Managing Human Capital
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An Experiment Click on this hyperlink to display the dancer experiment?
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What did you learn about Managing Human Resources from the experiment? People are highly variable resources: They can look at the same thing and see it differently. As a Manager, need to consider multiple perspectives. Not just what you see at first.
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HR Responsibilities Retaining the best employees Hiring/Firing Associate Development Administrative (compliance paper work, payroll, etc) Helping the business meet it’s strategic goals.
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The three functions of an HR manager can be grouped as follows Strategic At the MGT table Collaborative Planning Measurement Associate Advocate HR Development Employee and Labor Relations Compensation and Benefits Health Safety and Security Staffing Administrative Government Reporting Payroll OSHA Reporting Legal Compliance
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Putting it into practice- Classify these activities (Strategic, Advocate, Administrative) Discussed the company succession plan (who should be promoted, next jobs, etc). Strategic Addressed a manager’s report of an employee’s accessing pornographic web sites on his company computer. Administrative Chaired an employee recognition luncheon. Advocate Advised an executive on the process for terminating a sales manager. Advocate (teaching/coaching) Met with an outside lawyer regarding a racial discrimination complaint. Administrative Planned compensation budgets for next 5 years with the CEO and other VPs. Strategic Made sure all performance appraisals were completed. Administrative Reviewed an employee performance appraisal with a supervisor and discussed how to communicate both positive and problem areas. Advocate
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Which type of law has the MOST impact on the business decision maker to employee relationship? T o r t F i d u c a y C n R e g l 1 , 2 3 4 A f h b . 0% 0% 0% 0% 0% 0% 0% 1. Tort 2. Fiduciary 3. Contract 4. Regulatory 5. 1, 2, and 3 6. 1, 3, and 4 7. All of the above.
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HR Statutory Laws Civil Rights Act (1964) Protects groups that have traditionally been discriminate against Race, Creed, Color, Nationality, Sex Age Discrimination Act (1967) Equal Employment Opportunity Act (1972) Affirmative Action Americans with Disabilities Act (1990)
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Does a business have a legal right to fire you without a reason? Yes, it does.
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Managing Human Capital - Posted - Managing Human Capital An...

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