Week 1 discussion human capital

Week 1 discussion human capital - Address the following Are...

This preview shows page 1 - 2 out of 3 pages.

Address the following: Are Merritt's statements applicable to global organizations? What technologies might be included in an environment scan of HRM-r related technologies (for example, HRIS, ERP). How could one use the five "human capital management strategic domains"—leadership, structural, workforce, cultural, and intellectual—when selecting, assessing, and applying HRM-r related technologies to daily business activities? Resource "Human Capital Management: More than HR with a New Name ," Merritt, HR Human Resource Planning (2007), volume 30, issue 2, pages 14–16. According to Merrit’s, Businesses are racing to gain and sustain advantage in today's globally competitive business environment. HR's response has been to become HR strategic business partners. Human Capital Management provides decision support by combining business and workforce intelligence to the development of enterprise human capital strategies. Yes, I think that Merrit’s statements are applicable to global organizations. The technologies that might be included in an environment scan of HRM related technologies are for example HRIS and ERP. The Human Resource Information System (HRIS) is a software or online solution for the data entry, data tracking, and data information needs of the Human Resources, payroll, management, and accounting functions within a business. Normally packaged as a data base, hundreds of companies sell some form of HRIS and every HRIS has different capabilities. Pick your HRIS carefully based on the capabilities you need in your company. Typically, the better The Human Resource Information Systems (HRIS) provide overall: Management of all employee information, Reporting and analysis of employee information, Company-related documents such as employee handbooks, emergency evacuation procedures, and safety guidelines, Benefits administration including enrollment, status changes, and personal information updating, Complete integration with payroll and other company financial software and accounting systems, and Applicant tracking and resume management. The HRIS that most effectively serves companies tracks: attendance and PTO use, pay raises and history, pay grades and positions held, performance development plans, training received, disciplinary action received, personal employee information, and occasionally, management and key employee succession plans, high potential employee identification, and applicant tracking, interviewing, and selection. An effective HRIS provides information on just about anything the company needs to track and analyze about employees, former employees, and applicants. Your
Image of page 1

Subscribe to view the full document.

Image of page 2

{[ snackBarMessage ]}

Get FREE access by uploading your study materials

Upload your study materials now and get free access to over 25 million documents.

Upload now for FREE access Or pay now for instant access
Christopher Reinemann
"Before using Course Hero my grade was at 78%. By the end of the semester my grade was at 90%. I could not have done it without all the class material I found."
— Christopher R., University of Rhode Island '15, Course Hero Intern

Ask a question for free

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern