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R planning: ?Assessing current human resources ?Assessing future needs for human resources ?Developing a program to meet those future needs 9 Copyright 169。 Compensation/Benefits。 Orientation。 2023 Prentice Hall, Inc. All rights reserved. L E A R N I N G O U T L I N E Follow this Learning Outline as you read and study this chapter. Why Human Resources Is Important: The HRM Process ? Explain how an anization’s human resources can be a significant source of petitive advantage. ? List eight activities necessary for staffing the anization and sustaining high employee performance. Human Resource Planning。 2023 Prentice Hall, Inc. All rights reserved. * L E A R N I N G O U T L I N E (cont’d) Follow this Learning Outline as you read and study this chapter. Human Resource Planning。 Compensation/Benefits。 2023 Prentice Hall, Inc. All rights reserved. * The HRM Process ? Functions of the HRM Process ?Ensuring that petent employees are identified and selected. ?Providing employees with uptodate knowledge and skills to do their jobs. ?Ensuring that the anization retains petent and highperforming employees who are capable of high performance. 6 Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. * Selection ? Selection Process ?The process of screening job applicants to ensure that the most appropriate candidates are hired. ? Selection ?An exercise in predicting which applicants, if hired, will be (or will not be) successful in performing well on the criteria the anization uses to evaluate performance. ?Selection errors: ?Reject errors for potentially successful applicants ?Accept errors for ultimately poor performers 14 Copyright 169。 reducing turnover. 20 Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. * Contemporary HRM Issues (cont’d) ? WorkLife Balance ?Employees have personal lives that they don’t leave behind when they e to work. ?Organizations have bee more attuned to their employees by offering familyfriendly benefits: ?Onsite child care ?Summer day camps ?Flextime ?Job sharing ?Leave for personal matters ?Flexible job hours 28 Copyright 169。 2023 Prentice Hall, Inc. All rights reserved. * Employee Performance Management ? Performance Management System ?A process establishing performance standards and appraising employee performance in order to arrive at objective HR decisions and to provide documentation i