• What are the eight (8) key and interrelated functions of HR management?
• Which functional area is concerned with achieving organizational goals?
• Which functional area impacts all of the other seven (7) functional areas?
• What does Employee and Labor Relations do?
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1. Recruitment and Selection: The process of identifying, attracting, and hiring the right candidates for an organization.
2. Training and Development: Providing employees with the necessary skills and knowledge to perform their jobs effectively and develop their careers.
3. Compensation and Benefits: Designing and implementing fair and competitive pay and benefits programs to attract and retain talented employees.
4. Performance Management: Setting goals, providing feedback, and evaluating employee performance to ensure alignment with organizational objectives.
5. Employee Relations: Managing relationships between employees and employers, ensuring a positive work environment, addressing conflicts, and handling employee grievances.
6. HR Information Systems: Managing and utilizing technology to efficiently collect, store, and analyze employee data and facilitate HR processes.
7. Compliance: Ensuring compliance with labor laws, regulations, and company policies to minimize legal risks and maintain a fair and ethical work environment.
8. Strategic HR Planning: Aligning HR initiatives with the overall business strategy to support organizational growth and success.
The functional area concerned with achieving organizational goals is Strategic HR Planning.
The functional area that impacts all of the other seven functional areas is HR Information Systems, as it supports and facilitates the management of employee data and processes across various HR functions.
Employee and Labor Relations is responsible for managing relationships between employees and employers, promoting a positive work environment, handling employee grievances, negotiating and administering labor contracts, and ensuring compliance with labor laws and regulations.