Kategoria-arkisto: Yleinen

Wells Fargo opened thousands of unnecessary fake accounts for customers between years 2011 and 2015 to achieve target goals and to make more money (Egan 2016). I read some articles about the company and for me it shows that there has been very toxic culture, with lot of pressure coming from the upper management. GoalsJatka lukemista ”CASE: Wells Fargo”

The main challenges for HR today are: Environmental (rapid change, rise of the internet, workforce diversity, economic globalization, legislation, evolving work and family roles, skill shortages and the rise of service sector) Organizational (choosing a competitive position, decentralization, downsizing, organizational restructuring, the rise of self-managed work teams, the increased number of small businesses, organizational culture,Jatka lukemista ”Meeting Present and Emerging Strategic Human Resource Challenges, week 17”

Employee separations occur when an employee quits to be a member of an organization. The turnover rate tells the rate of employee separations in an organization. Employee separations have costs and benefits. Costs include for example recruitment costs, selection costs, training costs, and separation costs. There are also benefits to the organization, such as reducedJatka lukemista ”Managing Employee Seperations, Downsizing, and Outplacement, week 17”

In the US there are two workplace safety laws, which affect the most to workers: Worker’s compensation, an employer-funded insurance system that operates at the state level The Occupational Safety and Health act (OSHA), making sure the work environment is free from hazards (Gómez-Mejía, Balkin & Cardy 2012, 568.) Worker’s compensation benefits compensate employees forJatka lukemista ”Managing Workplace Safety and Health, week 15”

Pay-for-performance systems, also called incentive systems reward employees on the basis of three assumptions: Individual employees and work teams differ in how much they contribute to the firm The firm’s overall performance depends to a large degree on the performance of individuals and groups within the firm To attract, retain, and motivate high performers andJatka lukemista ”Rewarding Performance, week 12”

Total compensation has three components: base compensation = the fixed pay an employee receives on a regular basis pay incentives = a program designed to reward employees for good performance Indirect Compensation/Benefits = a wide variety of programs for example health insurance, vacations etc (Gómez-Mejía, Balkin & Cardy 2012, 340.) Compensation system needs to enableJatka lukemista ”Managing Compensation, week 12”

Human resource information systems (HRIS) are collecting, recording, storing and analysing data about organization’s human resources. They help managers to do HR decisions. Data can be e.g. basic employee information, skills and time management. It’s important to have limited access to these systems (Gómez-Mejía, Balkin & Cardy 2012, 111.) Executive order is a policy whichJatka lukemista ”Respecting Employee rights and Managing Discipline & Working with Organized Labor, week 10”

Performance appraisal includes: – identification: determining the areas of work the manager should be examining – measurement: judging how “good” or “bad” employee performance was – management: managing and improving employees’ performance, the main goal of any appraisal system (Gómez-Mejía, Balkin & Cardy 2012, 251.) One popular approach to identify performance dimensions is focusing onJatka lukemista ”Appraising and Managing Performance, week 10”

Training and development may sound synonymous, but they are not. Training focuses more on providing employees with specific skills or helping them correct deficiencies in their performance. Development is an effort to provide employees with the abilities the organization will need in the future (Gómez-Mejía, Balkin & Cardy 2012, 286.) There are many challenges managersJatka lukemista ”Learning & Development, week 7”

This is our first theme of the course Basics of Human Resource Management. It’s about recruitment and selection process in organizations. I will share the key concepts, theories and models from my readings here. At the end I will also share two of my findings from the recruitment process. There are lot of examples ofJatka lukemista ”Recruitment & selection, week 7”