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Friday, November 2, 2007

Human Assets and Performance (HRM 4/12)

Take Away:
from lecture,

HR Process:

Plan----------->Identify--------->Recruit---------->Train------>Implement

(job analysis,personnel planning,monitor env change) --- (Skill and mix) --- (interview,testing & selection) --- ( ) --- ( Evaluate & Appraise,compensate)

Selection Techniques

  • Computerized testing
  • Background Investigation,Reference checks
  • Honesty checking - Lie Detector
  • Health exam

Testing for employee Selection (Reliability & Validity)

  • Intelligence
  • Mechanical Comprehension
  • Personality and Interest
  • Ability/Achievement (Current competencies)
  • Aptitude - performance potential
  • Management assessment center (very expensive)
Conducting Effective Interview (Not perfect,short time)
  • Plan
  • Structure
  • Establish rapport
  • Ask effective question -------->Job related don't ask personal question
  • Delay your decision
  • Close

Being Interviewed
  • Prepare
  • Make a good first impression
  • Uncover interviewee's needs
  • Relate your answer to interviewer's need
  • Think before answering
  • Watch you non-verbal behavior
  • Close
Appraisal Interview ---->(360 feedback,ratings,critical incident)
  • Prepare
  • Be direct and specific
  • Don't get personal
  • Encourage the person to talk
Forms of Employee Compensation
  • Fixed Salary (low fix and high variable based on performance)
  • Hourly wage
  • Financial Incentives
Must be useful to employee must have value,
  • maternatiy leave not use for male-dominated workplace
  • transport allowance to worker living near factory not useful

No comments:

Quotes

  • You are your thoughts.The thoughts in your head are what institute the laws of attraction. You think therefore you are. - Joe Vitalli, The Laws of Attraction
  • Don't react blatantly in Anger and become a Zero - Papati
  • Don't miss out in the learning values of problems by over-looking the root causes but starting at the occurences - Raj
  • You can do almost anything if you have a steady income. Little or much, what matters is that you can count it, month after month.Without the regular flow of funds, you will be constantly distracted from you goals - Norm & Bo
  • Time is greater than money, you can never really buy time. Don't let time slip away. - Raj
  • Ignore technology advancement and you will either be left behind or you have to fork out more - Raj
  • Without passion nothing happens in life but without compassion the wrong things happen - Jan Eliasson
  • The poorer you are the more you need to plan and act wisely. Any undesired outcome you have little resource to manoeuvre.
  • “Life changes when you least expect it to. The future is uncertain. So, seize this day, seize this moment, and make the most of it.”
  • To get to where you want to go in life you must start from where you are - Tan
  • Maturity does not come with age,it comes with the acceptance of responsibilities - Tan

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