Hrmt 386 Study guides, Class notes & Summaries

HRMT 386 Unit 1 & 2 Exam Prep (Latest 2024/ 2025 Update) with Questions and Verified Answers| | 100% Correct | Grade A+

HRMT 386 Unit 5& 6 Exam Prep (Latest 2024/ 2025 Update) with Questions and Verified Answers| | 100% Correct | Grade A+

Capitalist economy - characterized by the private ownership of capital, the allocation of resources through market mechanisms, and the profit imperative. gender-based analysis - An analytical process used to assess how diverse groups of women, men and non-binary people may experience policies, programs and initiatives. human resource management - encompasses a variety of tasks designed to ensure that the work required by the employer is completed as efficiently as possible. HRM is intended ...

Capacity to work - Skills, knowledge, capabilities, personality of each individual to work capital - assets that can enhance ones power to perform economically useful work capitalist economy - an economic system in which the market determines production, distribution, and price decisions, and property is privately owned employment relationship - a contractual relationship whereby an employer provides remuneration to an employee in exchange for work or service

HRMT 386 Assignment 1 Athabasca University) (best for student taking this course in coming 3 week)

HRMT 386 Unit 7 & 8 Exam Prep (Latest 2024/ 2025 Update) with Questions and Verified Answers| | 100% Correct | Grade A+

How is job analysis performed? - Track an employee's duties/duration of each task, observing employee performing job, interviewing the employee/managers/others who interact employee, compare the job to other jobs in the same department/job grade Why might employees resist job analysis? - Workers view this as an exercise of employer power. Worker knowledge is a form of power and they may be reluctant to share. Workers may try to conceal their knowledge of what they do to maintain the wage-...

What is the purpose of human resource management? - Managing human talent and acquiring the human capital needed to achieve an organization's objectives. Bringing together a diverse group of people to produce maximum efficiency. Ensuring that the employment relationship is efficient and follows legislation. HR often oversees wages, benefits, hiring, training, onboarding, performance evaluations and discipline. What are the major functions performed by human resource professionals? How ar...

Why do employers and workers undertake training? Where do their interests converge and diverge? - Employers invest in training to ensure human capital within the organization is performing to the best of its ability. To maximise profits and utilize their workers in the most effective capacity. Workers undertake training for a multitude of reasons, this can include job security, wanting to personally challenge themselves, combat boredom, acquire new KSAO's and increase their value as an em...

What different approaches can organizations take to compensate workers? - Direct compensation: wages and salaries, incentives, bonuses, commissions. Indirect compensation: benefits supplied by employers. Health insurance. Life insurance. EI. Workers comp. Retirement benefits. . Educational benefits. Childcare. Nonfinancial compensation: recognition programs, rewarding jobs, organizational support, work environment, flexible work hours to accommodate personal needs