Managing Human Talent and Diversity/Inclusion

What is the strategic role of human resource management?

• Drive Organizational Performance

• Drive Financial Performance

• Maintain Organizational Performance

• Drive Organizational Performance

(a)   refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees

1. EEO legislation attempts to balance the pay given to men and women and provide employment opportunities without regard to race, religion, national origin, gender identity, age, or disability.

• True

• False

1. The (a)   created the Equal Employment Opportunity Commission (EEOC), the major agency involved with employment discrimination.

1. _________________ occurs when hiring or promotion decisions are made based on criteria that are not job-relevant. When discrimination is found, remedies include providing back pay and taking affirmative action.

• Affirmative Action

• Impact of Federal Legislation on HRM

• Recrimination

• 1. Discrimination

      _____________________ requires that an employer take positive steps to guarantee equal employment opportunities for people within protected groups.

• The Civil Rights Act of 1964

• Re-Affirmative action

• Affirmative Action

• The Civil Rights Act of 1974

Failure to comply with EEO legislation can result in substantial fines and penalties for employers.

• False

• True

What tools and techniques do managers use to determine their future staffing needs and to recruit and select the right employees?

How do organizations develop an effective workforce through training and performance management?

Answer explanation

9-3: The Changing Social Contract

9-3a: The End of Lifetime Employment

1. In the old social contract, the employee contributed ability, education, loyalty, and commitment in return for the company providing wages and benefits, work, advancement, and training.

2. 1. Volatile changes in the environment have disrupted this contract.

   3. Neither employers nor employees are now expected to follow the old social contract.

3. The new social contract is based on the concept of employability.

4. 1. Individuals are responsible for developing their own skills and abilities and demonstrating their value to the organization.

   3. The employer invests in creative training and development opportunities.

5. Increases have occurred in many areas, including the following:

   1. - Gigs are jobs that last for a specified period of time and a short-term commitment.

   2. - Contingent workers, sometimes referred to as the shadow workforce, are freelancers who are typically paid less than regular employees and receive no benefits.

   3. - The work-from-home aspect of the new social contract received a big boost during the COVID-19 pandemic and became a permanent fixture of work life for many employees.

1. (a)   focuses managers on an applicant’s job skills and performance rather than educational credentials, appearance, or prior experience.