Professional Documents
Culture Documents
Human Resource Management
Human Resource Management
Human Resource
Management
Learning Objectives
Describe compensation.
4
HRM: Vital to ALL Organizations
Human resource management - function of attracting,
developing, and retaining employees who can perform
the activities necessary to accomplish organizational
objectives. Three main objectives:
1) Providing qualified, well-trained employees for the
organization.
2) Maximizing employee effectiveness in the
organization.
3) Satisfying individual employee needs through
monetary compensation, benefits, opportunities to
advance, and job satisfaction.
Human Resource Responsibilities
Recruitment and Selection
Management Tactics
Lockout - a management strike to put pressure on
union members by closing the firm.
Future of Labor Unions
Membership and influence are declining, caused by
a shift from manufacturing industries to information
and service businesses.
8% of private-sector workers are union members,
but that is down from 17% in 1983.
52% of union members are government employees.
Unions need to be more flexible and adapt to a
global economy and diverse workforce.
Unions can recognize the potential for prosperity for
all—management and union workers included.