Human Resource Management

1
Human Resource Management

• By Laura Portolese Dias

2

• This work is licensed under the Creative Commons
  Attribution-Noncommercial-Share Alike 3.0
  Unported License.
• To view a copy of this license, visit
  http//creativecommons.org/licenses/by-nc-sa/3.0/o
  r send a letter to Creative Commons, 171 Second
  Street, Suite 300, San Francisco, California,
  94105, USA

3
Chapter 1

• The Role of Human Resources

4
Learning Objectives

• Define and explain the role of HRM in
  organizations.
• Discuss some of the major HRM activities.

5
What is HRM?

• Capital
• Cash, valuables or goods used to generate income
• People is one of the most important capital in a
  business
• Human Resource Management (HRM)
• The process of employing people, training them,
  compensating, developing policies relating to
  people and developing strategies to retain
  employees

6
The Role of HRM

• In HRM, we can focus on internal factors which
  include
• Staffing
• Development of workplace policies
• Compensation and benefits administration
• Retention
• Training and development
• Laws affecting employment
• Worker protection

7
The Role of HRM
8
The Role of HRM

• External factors
• Globalization
• Offshoring
• Changes to employment law
• Healthcare costs
• Employee expectations
• Diversity
• Technology
• Increase of social networking

9
The Role of HRM

• External factors (continued)
• Changing demographics
• A highly educated workforce
• Layoffs, downsizing

10
The Role of HRM
11
Learning Objectives

• Explain the professional and personal skills
  needed to be successful in HRM.
• Define Human Resource Management and the
  certifications that can be achieved in this
  profession.

12
The Skills Needed for HRM

• Multitasking
• Ethics
• Conflict management
• People skills
• Communication
• Understanding of specific job-related skills
• Strategic mindset

13
The Skills Needed for HRM

• HRM Certifications
• PHR
• Professional in Human Resources
• SPHR
• Senior Professional in Human Resources
• GPHR
• Global Professional in Human Relations

14
The Skills Needed for HRM

• Examples of HR titles
• Recruiter
• Compensation Analyst
• Human Resources Assistant
• Employee Relations Manager
• Benefits Manager
• Work/Life Coordinator
• Training and Development Manager
• Human Resources Manager
• Vice President for Human Resources

15
Learning Objective

• Identify and explain some of the challenges
  associated with HRM.

16
Todays HRM Challenges

• Cost Containment
• Technology
• The Economy
• The Changing and Diverse Workforce
• Ethics