Human resource management key terms and

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Human resource management key terms and

Contracting outside the organization has work done that formerly was done by internal employees. The business practice of sending jobs to other countries. The process of dismissing employees who are them hired by a leasing company which handles all HR-related activities and contracting with that company to lease back the employees.

Being aware of characteristics common to employees, while also managing employees as individuals. A set of quantitative performance measures HR managers use to assess their operations.

Human resource management key terms and

The commission, created by Title VII, is empowered to investigate job discrimination complaints and sue on behalf of complainants.

Steps that are taken for the purpose of eliminating the present effects of past discrimination. The overall impact of employer practices that result in significantly higher percentages of members of minorities and other protected groups being rejected for employment, placement, or promotion.

A test for adverse impact in which it can be demonstrated that there is a discrepancy between rates of rejection of members of a protected group and of others. Strategic Human Resource Management: Formulating and executing HR systems-HR policies and activities- that product the employee competencies and behaviors the company needs to achieve its strategic aims.

The process of anticipating and providing for the movement of people into within, and out of an organization. Audits of the culture and quality of work life in an organization.

Starbucks' Human Resource Management Policies and the Growth Challenge The relationship we have with our people and the culture of our company is our most sustainable competitive advantage.

It's having a robust pipeline of people to open and manage the stores who will also be able to take their next steps with the company. In general, the retail industry is notorious for its indifferent attitude towards employees. Despite the fact that employees, especially those on the frontline, are critical to the success of retail businesses, most companies do not have a strong relationship with their employees, and consequently suffer from a high rate of employee turnover In the early s, employee turnover in the retail industry was around percent.

In this scenario, Starbucks stood out for its employee-friendly policies and supportive work culture. The company was especially noted for the extension of its benefits program to part-time workers - something that not many other companies offered. As a result, Starbucks employees were among the most productive in the industry and the company had a relatively low employee turnover.

Though it was popular as an employer, Starbucks' main challenge in the early s was whether it would be able to continue to attract and retain the right kind of employees in the right numbers, to man its rapid expansion program. Although it experienced slow growth in the initial years the company expanded rapidly after its Initial Public Offer IPO in and grew at an average rate of around 20 percent per annum.

Human Resource Management: HRM Key Terms

Analysts said that, in the light of its ambitious expansion program, Starbucks' generous human resource policies made sound strategic sense, as they kept the turnover low and provided a ready pool of experienced employees to support expansion. However, by the early s, three possible problems had to be considered - would the company be able to support its staff with the same level of benefits in the future, given the large increase in the number of employees; would the company be able to retain employees if it made any move to lower its human resource costs by cutting down on benefits; and would Starbucks be able to maintain its small company culture, an important element in its past growth.

Baldwin and Bowker were fond of Peet's coffee, which they drank when they were at college in San Francisco. Even after they moved to Seattle, they continued ordering Peet's coffee by mail.

On one such occasion, Bowker got the idea of opening a coffee shop in Seattle to supply world-class coffee to Seattle residents.Jun 09,  · Key Terms Topic 1: Introduction to HRM Human Resource Management: The process of managing human talent to achieve an organization’s objectives.

Start studying Human resource management Key terms. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The responsibilities of a human resource .

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Human Resource Management - Encyclopedia - Business Terms |