BS CHAPTER 7

The Human Resource Managaer(HRM) have 3 areas of activities, acquisition, maintaining and developing.

What are the activities they do in acquisition?

• recruiting, selection, orientation

• evaluate employees performances

• human resources planning

• job analysis

List of qualifications required to perform a job

List of the elements that make up particular job

Three examples of the elements in job description are...

• skills

• job title

• responsibilities

• job duties

• job location

One goal of recruiting is to attract a right number of applicants.

There's how many types of recruiting?

• 1

• 2

• 3

• 4

Selection is the process of gathering information of applicants and using it to choose the most appropriate applicants

What are the examples of the selection process ?

• employment tests

• references

• interviews

• orientation

What is orientation?

• evaluation of employees current and potential levels

• process of making the new employees familiarize with the firm

Compensation - the payment employees receive in return for their labor

However, the compensation must be designed to provide employees need while keeping labor costs within reasonable limit

So, how to determine a good employee compensation decision? By determine ... (select any two)

• hourly wage

• incentive payments

• wage level

• wage structure

They are few types of compensation, which are...

• profit sharing

• incentive payments

• commissions

• weekly/monthly salary

Employee benefits - additional reward to the employees indirectly.

There are few types of employee benefits, which are...

• insurance packages

• pay for time not worked cover (e.g holidays,sickleave)

• cost of pension/retirement