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The slide is designed to give students an insight into the theoretical and practical perspectives, concepts, issues, and practices in Strategic Human Resource Management. It also aims to provide students with a basic understanding of talent acquisition, learning and development, performance, and rewards management.
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Course No: PSYELEC7-NQb
Code: 1316
5:30-7:00PM, TF
Strategic Human
Resources
The course is designed to give students an
insight into the theoretical and practical
perspectives, concepts, issues, and
practices in Strategic Human Resource
Management. It also aims to provide
students with a basic understanding of
talent acquisition, learning and
development, performance, and rewards
management.
History and evolution of the concept of HRM
Human Resource Planning
Acquisition of Human Resources
Training and Development in Organizations
Performance Appraisals
Employee Compensation
Managing Change
Discipline
Employment Law & Employee Rights
Current Issues and Trends in HRM
Grading System
Learning Objectives
The general idea of
HRM
“Generation of
revenue through
the use of
people’s skills and
abilities”.
Human resource management
(HRM) is the process of
employing people, training them,
compensating them, developing
policies relating to them, and
former CEO of General Electric
and management guru
4Four main steps:
Development of a staffing plan. This
plan allows HRM to see how many
people they should hire based on
revenue expectations.
Development of policies to encourage
multiculturalism at work.
Multiculturalism in the workplace is
becoming more and more important, as
we have many more people from a
variety of backgrounds in the workforce.
Recruitment. This involves finding
people to fill the open positions.
Selection. In this stage, people will be
interviewed and selected, and a proper
compensation package will be
negotiated. This step is followed by
training, retention, and motivation.
Development of Workplace Policies
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.
Development of Workplace Policies
Discipline process policy
Vacation time policy
Dress code
Ethics policy
Internet usage policy
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.
Compensation and
Benefits
Administration