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Human Resource chapter - Human Resource chapter Human...

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Human Resource chapter Human resource management – function of attracting, developing, and retaining enough qualified employees to perform the activities necessary to accomplish organizational objectives. Three main objectives: o Providing qualified, well-trained employees for the organization o Maximizing employeee effectiveness in the organization o Satisfying individual employee needs through monetary compensation, benefits, opportunities to advance, and job satisfaction Core responsibilities o Employee recruitment o Planning for staffing o Employee separation o Employee compensation and benefits o Employee training and performance evaluation Recruitment & Selection Issues o 25% of human resource professionals report a shortage of job candidates with degrees in science, engineering technology and mathematics o 78 million Baby boomers will retire with only 46 million Generation X workers to replace them o HR must be creative in searching for qualified employees. o Businesses look both internally and externally. Selecting and Hiring Employees o Must follow legal requirements. Civil rights act of 1964 Equal Employment Opportunity Commision programs Civil Rights Act of 1991 o Failure to follow these exposes company to risk of litigation o Hiring is a costly process for employers.
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