Lecture 6 HRM 442
Lecture 6 HRM 442
MANAGEMENT
COURSE INFORMATION
• Most professionals
agree that there are
seven main tasks HRM
professionals
perform.
• All these need to be
considered in relation
to external and
outside forces.
1. STAFFING
Every organization has policies to ensure fairness and continuity within the
organization. One of the jobs of HRM is to develop the verbiage surrounding
these policies.
In the development of policies, HRM, management, and executives are
involved in the process.
Some examples of workplace policies might be the following:
• Discipline process policy
• Vacation time policy
• Dress code
• Ethics policy
• Internet usage policy
3. Compensation and Benefits
Administration
HRM professionals need to determine that compensation is fair, meets industry standards,
and is high enough to entice people to work for the organization.
Compensation includes anything the employee receives for his or her work.
In addition, HRM professionals need to make sure the pay is comparable to what other people
performing similar jobs are being paid. This involves setting up pay systems that take into
consideration the number of years with the organization, years of experience, education, and
similar aspects.
Examples of employee compensation include the following:
Health Benefits
Retirement plans
Stock purchase plans
Vacation time
Sick leave
Bonuses
Tuition reimbursement
4. RETENTION
Human resource people must be aware of all the laws that affect the
workplace.
Compensation is a major factor in employee retention, but there are
other factors as well.
Ninety percent of employees leave a company for the following reasons:
1. The job they are performing
2. Challenges with their manager
3. Poor fit with organizational culture
4. Poor workplace environment
5. Training and Development
2. Multitask: that is, work on more than one task at a time is important in managing human
resources.
• A typical person managing human resources may have to deal with an employee issue one
minute, then switch and deal with recruiting.
• Unlike many management positions, which only focus on one task or one part of the business,
human resources focuses on all areas of the business, where multitasking is a must.
3. People skills:
• Being able to manage a variety of personalities, deal with conflict, and coach others are all in
the realm of people management.
• The ability to communicate goes along with people skills. The ability to communicate good
news (hiring a new employee), bad news (layoffs), and everything in between, such as changes
to policy, makes for an excellent manager and human resource management (HRM)
professional.
SKILLS NEEDED TO BE SUCCESSFUL IN HRM
4. Technical knowledge:
• Understanding specific job areas, such as managing the employee database,
understanding employment laws, and knowing how to write and develop a
strategic plan that aligns with the business.
5. Strategic mind-set: A strategic mind-set as an HR professional is a key skill as
well.
• A person with a strategic mind-set can plan far in advance and look at trends that
could affect the environment in which the business is operating.
• Too often, managers focus on their own area and not enough on the business as a
whole.
• The strategic HR professional is able to not only work within his or her area but also
understand how HR fits into the bigger picture of the business.
SKILLS NEEDED TO BE SUCCESSFUL IN HRM
6. Professional Ethics:
• Ethics and a sense of fairness are also necessary in human resources.
• Ethics is a concept that examines the moral rights and wrongs of a
certain situation.
• Consider the fact that many HR managers negotiate salary and union
contracts and manage conflict. In addition, HR managers have the task
of ensuring compliance with ethics standards within the organization.
• Many HR managers are required to work with highly confidential
information, such as salary information, so a sense of ethics when
managing this information is essential.
SKILLS NEEDED TO BE SUCCESSFUL IN HRM
7. Creative/critical thinking:
• Since one of the major responsibilities of an HR department is to align
the HR strategic plan with the business strategic plan, critical and
creative thinking, as well as writing, are skills that will benefit the HR
manager as well.
Thank you