HRM 5th chapter 9 managing compensation
HRM 5th chapter 9 managing compensation
... Thomson Canada Ltd 9 31 Highlights in HRM Highlights 9. 2 Copyright © 2008 by Nelson, a division of Thomson Canada Ltd 9 32 Highlights in HRM Highlights in HRM (cont’d) Highlights 9. 2 Copyright © ... division of Thomson Canada Ltd 9 20 Highlights in HRM Comparison of Compensation Strategies Highlights 9. 1 Copyright © 2008 by Nelson, a division of Thomson Canada Ltd 9 21 The Wage Mix—External ... Thomson Canada Ltd 9 18 Factors Affecting the Wage Mix Figure 9. 3 Copyright © 2008 by Nelson, a division of Thomson Canada Ltd 9 19 The Wage Mix—Internal Factors • Employer’s Compensation Strategy...
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HRM 5th chapter 1 the world of human resources management
... to HRM Provide examples of the roles and competencies of today’s HR managers Copyright © 2008 by Nelson, a division of Thomson Canada Ltd 1 3 Why Study Human Resources Management • Human Resources ... Ltd 1 5 Overall Framework for Human Resource Management Copyright © 2008 by Nelson, a division of Thomson Canada Ltd Figure 1. 2 1 6 Competitive Challenges and Human Resources Management • The ... Case for Diversity,” Academy of Management Executive 11 , no (August 19 97): 21 31; permission conveyed through the Copyright Clearance Center, Inc Highlights 1. 6 1 26 Cultural Changes Employee...
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HRM 5th chapter 2 strategy and human resources planning
... 8.34 3 52 2003 $3,306 10. 02 330 20 04 $3,613 11. 12 325 20 05 $3,748 11. 12 337 20 06 $3,880 12. 52 310 20 07* $4,095 12. 52 327 20 08* $4 ,28 3 12. 52 3 42 2009* $4,446 12. 52 355 *Projected figures Figure 2. 5 ... HR Demand BUSINESS FACTOR YEAR ÷ (SALES IN THOUSANDS) LABOUR PRODUCTIVITY (SALES/EMPLOYEE) = HUMAN RESOURCES DEMAND (NUMBER OF EMPLOYEES) 20 00 $2, 351 14.33 164 20 01 $2, 613 11. 12 235 20 02 $2, 935 ... required and necessary in support of human resources? • Strategic Implementation How will the human resources be allocated? Human HumanResources Resources Planning Planning Copyright © 20 08 by...
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HRM 5th chapter 3 equity and diversity in human resources management
... of Thomson Canada Ltd 3 26 Highlights HighlightsininHRM HRM Copyright © 2008 by Nelson, a division of Thomson Canada Ltd Highlights 3. 8 3 27 Highlights HighlightsininHRM HRM Copyright © 2008 by ... designated groups in the organization • Flow data The distribution of members of designated groups in applications, interviews, hiring decisions, training and promotion opportunities and terminations ... After studying this chapter, you should be able to: Explain the reasons for employment equity legislation Identify and describe the major laws affecting employment equity and explain how they...
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HRM 5th chapter 4 job analysis, employee involvement, and flexible work schedules
... duties and responsibilities performed by only one employee • Job Family Job Job Job Job Job Job A group of individual jobs with similar characteristics Copyright © 2008 by Nelson, a 4 4 Job Requirements ... different jobs • HRIS and Job Analysis Human resource information systems (HRIS) and specialized software help automate job analysis Analyze jobs and write job descriptions and job specifications ... •• •• What Whatemployee employeedoes does Why Whyemployee employeedoes doesitit How Howemployee employeedoes doesitit •• Determining Determiningjob jobrequirements requirements Job Description...
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HRM 5th chapter 5expanding the talent pool recruitment and careers
... studying this chapter, you should be able to: Explain the advantages and disadvantages of external recruitment Explain the advantages and disadvantages of recruiting from within the organization ... Increasing the Effectiveness of Employee Referrals • Up the ante • Pay for performance • Tailor the program • Increase visibility • Keep the data • Rethink your taboos • Widen the program • Measure the ... containing the records and qualifications of each employee that can be accessed to identify and screen candidates for an internal job opening • Job Posting and Bidding Posting vacancy notices and...
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HRM 5th chapter 6 employee selection
... © 2008 by Nelson, a 6 32 Highlights in HRM Highlights 6. 3 Copyright © 2008 by Nelson, a 6 33 Variables in the Employment Interview Figure 6. 8 Copyright © 2008 by Nelson, a 6 34 Ground Rules for ... Copyright © 2008 by Nelson, a 6 37 “Can-Do” and “Will-Do” Factors in Selection Decisions Figure 6. 9 Copyright © 2008 by Nelson, a 6 38 Reaching a Selection Decision • Selection Considerations: ... the organization Copyright © 2008 by Nelson, a 6 3 The Goal of Selection: Maximize “Hits” Figure 6. 1 Copyright © 2008 by Nelson, a 6 4 Steps in the Selection Process Hiring Hiringdecision decision...
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HRM 5th chapter 7 employee selection
... permithiring hiring less-qualified applicants less-qualified applicants Selection Selection Effective Effectiveselection selectionmay may reduce training needs reduce training needs Training Trainingaids ... Canada Ltd 7 22 Highlights in HRM The PROPER Way to Do On-the-Job Training Copyright © 2008 by Nelson, a division of Thomson Canada Ltd Source: Scott Snell, Cornell University Highlights 7. 3 7 23 Training ... Holly Dolezalek, “2004 Industry Report,” Training (October 2004): 32 Figure 7. 6 7 27 Training Methods for Non-managerial Employees (cont’d) • Programmed Instruction Referred to as self-directed...
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HRM 5th chapter 8 appraising and improving performance
... [EDITOR USE HRM FROM CDN 5TH FOR CORRECT SPELLING] Highlights 8. 4 Source: Adapted from Landy, Jacobs, and Associates Reprinted with permission Copyright © 20 08 by Nelson, a 8 28 Highlights in HRM Highlights ... requirements Training Trainingand and Development Development Training Trainingand anddevelopment development aids achievement aids achievementof of performance standards performance standards Compensation ... event, and there is little follow-up afterward Copyright © 20 08 by Nelson, a 8 8 Performance Standards Characteristics Strategic Strategic Relevance Relevance Individual Individual standards standardsdirectly...
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HRM 5th chapter 10 pay for performance incentive rewards
... Nelson, a 10 3 Strategic Reasons for Incentive Plans • Variable Pay Tying pay to some measure of individual, group, or organizational performance • Incentive Pay Programs Establish a performance ... between incentive plans and improved organizational performance Copyright © 2008 by Nelson, a 10 6 Advantages of Incentive Pay Programs • Incentives focus employee efforts on specific performance ... exceeded • Establishing Team Incentive Payments Set performance measures upon which incentive payments are based Determine the size of the incentive bonus Create a payout formula and fully explain...
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HRM 5th chapter 11 employee benefits
... additionalbenefits benefits Benefits Benefitsoffered offeredby byother otheremployees employees Tax Taxconsequences consequencesof ofbenefits benefits Rising Risingcosts costsof ofproviding providingbenefits ... providingbenefits benefits Benefits coverage Benefits coverage fordomestic domesticpartners partners Copyright© 2008 by Nelson, a for division of Thomson Canada Ltd 11 11 Types of Employee Benefits Required ... by Nelson, information to groups of employees Highlights 11. 1 division ofaThomson Canada • Maintain benefits hotline to answer employee questions Ltd 11 10 Benefits Issues Concerns Concernsof...
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HRM 5th chapter 12 safety and health
... a 12 4 Acts and Regulations • Canada Labour Code • Provincial regulations Every province and territory has regulations covering occupational health and safety Copyright © 2008 by Nelson, a 12 5 ... carelessness and horseplay Copyright © 2008 by Nelson, a 12 12 Enforcing Safety Rules • Actively encourage employee participation in the safety program by: Jointly setting safety standards with ... materials, and emergency procedures Information Technology and Safety Awareness and Training Copyright © 2008 by Nelson, a 12 11 Creating a Safe Work Environment (cont’d) • Typical Safety Rules...
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HRM 5th chapter 13 employee rights and discipline
... this chapter, you should be able to: Explain statutory rights, contractual rights and due process Identify the job expectancy rights of employees Identify and explain the privacy rights of employees ... Nelson, a division of Thomson Canada Ltd 13 3 Employee Rights and Privacy • Employee Rights Guarantees fair treatment from employers, particularly regarding an employee s right to privacy Psychological ... an employee and employer Copyright © 2008 by Nelson, a division of Thomson Canada Ltd 13 4 Employment Protection Rights • Statutory rights Rights that derive from legislation • Contractual rights...
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HRM 5th chapter 14 the dynamics of labour relations
... Final-offer Arbitration The arbitrator must select one or the other of the final offers submitted by the disputing parties with the award is likely to go to the party whose final bargaining offer ... employee, as a nonpaid union official, represents the interests of members in their relations with management • Business Unionism The term applied to the goals of labour organizations, which ... Copyright © 2008 by Nelson, a 14 21 Labour Relations in the Public Sector • Political nature of the labour management relationship Alternate services are not available Source of management authority...
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HRM 5th chapter 15 international human resources management
... Canada Ltd 15 3 Increasing Importance of Global Human Resource Understanding International International Mergers Mergersand and Acquisitions Acquisitions Foreign ForeignHuman Human Resources Resources ... ForeignHuman Human Resources Resources Importance Importanceof of Global GlobalHuman Human Resources Resources Management Management Global Global Competition Competition Market MarketAccess Access ... Group 158 .48 Copyright ©BP 2008 by Nelson, a division of10 Thomson Canada AIG Ltd Source: Chester Dawson, “The Global 1000,” Business Week, July 14, 2003, 34 153 .24 150 .97 15 7 Figure 15. 2 Top International...
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