20 human resource questions

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Business Finance

Description

Evaluate Human Resource Management. Why do organizations need HR Management?

Specify the four types of Organizational Assets and why these are important to Human Capital?

List and explain four out of the seven HR management functions.

Explain how to manage a talent surplus and list the four components associated to this.

Analyze the effects of motivation. Why is it important for HR to understand motivation?

Specifically discuss the myths and realities associated to retention.

Explain the six key drivers of retention.

Evaluate retention assessment and metrics. What are the three key components? Provide an explanation of each.

Design a written description of total rewards. What are the three typical types of compensation and the percentages?

Explain Intangible, Tangible indirect and Tangible direct as it relates to the elements of total rewards.


Explain the two factors associated to Compensation Fairness and Equity.

Strategic recruiting involves:

Differentiate between Labor Markets and Recruiting.

In order to make recruiting more effective, consider the following recruiting activities:

Analyze the importance of the selection process. What are the key responsibilities?

Define and provide an example of selection criterion.

Compare and contrast reliability versus validity.

List the primary roles for HR departments

Explain the importance of exit interviews.

Compare and contrast Talent Acquisition versus Recruiting.

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HUMAN RESOURCE

QN 1

Human Resource Management and its Importance

Human Resource Management is a task in organizations which is used to monitor
employee performance in achieving an organization's goals. Human Resource in firms is
concerned with the management of individuals, recruitment, training, managing pay and the
development of employees. Also, it is the duty of HR to stabilize organizational exercises
with the governmental laws. The strategic initiatives of HR in an organization include talent
management, labor, and industrial relations.

The importance of HR in organizations include the following.

1. Supervision of employees in the workplace.
2. Builds a better relationship between employers and employees.
3. Hiring top talent individuals.
4. Plans and organizes employee records.
5. Ensures there is motivation in the employees.

In an organization, the HR sector's main objective is to offer remunerations which are
appealing to employees hence reducing the risk of losing business know how.

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QN 2
Types of Organizational Assets and Their Importance.
Below is an image showing the types organizational assets

Image from: https://www.google.com/search?q=importance+of+organizational+assets

In the production process, organizational resources are mutually intertwined to create
end products in an organization. The organizational assets include Physical, Financial,
Intangible, and Human assets. The importance of organizational assets in human capital is
that they create value for individuals through the connection of actions that change inputs into
outputs.

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QN 3
Human Resource Management Functions

From: Robert & John pg 15

a) Employee Relations

The HR management ensures a strong relationship between the employer and the employee
by solving conflicts and assessing job satisfaction.

b) Recruitment

The HR department is in charge of finding, selecting, and recruiting new personnel who
possess the required knowledge and skills to achieve an organization's objectives.

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c) Training and Development

In an organization, the Human Resource Managers should provide necessary tools to the
employees to help them to success in their specified fields. For success, the HR department
provides leadership training and professional development. They also offer programs such as
tuition assistance to enable the employees to acquire new skills and expertise.
d) Safety and Health

The HR department ensures the safety of employees in an organization. Employees have the
right to safety and health as stated in ...


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