Attracting and Retaining the Best Employees

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What is Human Resource Management (HRM)?

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All the activities involved in acquiring, maintaining, and developing an organisation’s human resources.

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What are the key components of acquiring staff?

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Training and development, performance reviews, and human resources planning.

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What is the purpose of human resources planning?

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To determine the firm’s human resource needs and identify the appropriate number of qualified candidates for current and future jobs.

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What is job analysis?

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Determining the exact nature of positions within the organization.

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What is the recruitment process?

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The process through which the most appropriate person is selected from all the candidates.

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What are the sources of recruitment?

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Internal sources (promotions, transfers, recommendations) and external sources (recruitment agencies, newspapers, schools, universities, online applications, referrals).

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What is the purpose of selection in HR?

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To appoint the employee(s) that is in the best position to comply with the job requirements and standards.

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What is orientation in the context of HR?

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The process of acquainting new employees with the organization, including an overview of policies, compensation, benefits, and safety.

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What is employee training?

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The process of teaching operations and technical employees how to do their present jobs more effectively and efficiently.

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What is management development?

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The process of preparing managers and other professionals to assume increased responsibility in both present and future positions.