Key Words Human Capital

Meaning Human capital is the stock of competencies, knowledge, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value. http://en.wikipedia.org/wiki/Human_capital A core competency can take various forms, including technical/subject matter knowhow, a reliable process and/or close relationships with customers and suppliers. A gender or racial difference that is not explained by other job-relevant characteristics of the employee. http://en.wikipedia.org/wiki/Glass_ceiling Performance management (PM) includes activities that ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product or service, as well as many other areas. A performance appraisal (PA) or performance evaluation [1] is a systematic and periodic process that assesses an individual employees job performance and productivity in relation to certain pre-established criteria and organizational objectives. The component of the salary which can vary according to the employees performance.

Core Competencies

Glass Ceiling

Performance Management

Performance Appraisal

Flexi Salary

Staff Authority

granted to staff specialists in their areas of expertise. Narrower than line authority and includes the right to advise, recommend, and counsel in the staff specialists' area of expertise. It is a communication relationship with management. in which individuals in management positions have the formal power to direct and control immediate subordinates.

Line Authority

Business Process Reengineering

... the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical modern measures of performance, such as cost, quality, service, and speed." A job description is a list that a person might use for general tasks, or functions, and responsibilities of a position. It may often include to whom the position reports, specifications such as the qualifications or skills needed by the person in the job, or a salary range. JOB SPECIFICATION is a statement which tells us minimum acceptable human qualities which helps to perform a job. Job specification translates the job description into human qualifications so that a job can be performed in a better manner. Task, Duties, Responsibilities Knowledge, Skills, Attributes, Others Job context is all other aspects of job which is not controlled by an individual but by organization itself where he/she is working. E.g. salary, job atmosphere. Job content is what is directly related to a person job and it can be controlled by the person itself such as performance, type of work etc Key Result Area refers to general areas of outputs or outcomes for which the departments role is responsible.

Job Description

Job Specification

TDRs KSAOs Job Context

Job Content

Key Result Area

Affirmative Action Plan

An Affirmative Action plan or program is a management tool designed to ensure equal employment opportunity On-the-job training focuses on the acquisition of skills within the work environment generally under normal working conditions A method of job education where educational facilities approximate real working conditions and are equipped with actual production machinery.

On the job training

Vestibule Training

Hawthrone Studies Flexi Hours A scheduling policy in which full-time employees may choose starting and ending times within guidelines specified by the organization. A baby boomer is a person who was born during the demographic Post-World War II baby boom between the years 1946 and 1964, according to the U.S. Census Bureau Generation X, commonly abbreviated to Gen X, is the generation born after the Western postWorld War II baby boom ended. Generation Y, also known as the Millennials, Generation We, Global Generation , [2][3] [4] [5] the Millennial Generation Generation Next, the Net Generation , or the Echo Boomers are the demographic cohort following Generation X. There are no precise dates for when Generation Y starts and ends, and commentators usually use [6] beginning birth dates ranging somewhere from the late '70s or early 1980s to the early 2000s. Both the husband and wife are working professionals. High Performance Work System is a name given to a set of management practices that attempt to create an environment within an organization where the employee has greater involvement and responsibility. Definition: a specific combination of HR practices, work structures, and processes that maximizes employee knowledge, skill, commitment and flexibility A self-organized, semiautonomous small group of employees whose members determine, plan, and manage their dayto-day activities and duties under reduced or no supervision. HR scorecard measures the HR function's effectiveness and efficiency in producing employee behaviors needed to achieve the company's strategic goals. Alternative work arrangement where a standard workweek is reduced to fewer than five days, and employees make up the full number of hours per-week by working longer hours. Most common options in a compressed workweek are: four 10-hour days, three 12-hour days, or a week of five 9-hour days followed by a week of four 9-hour days. The number of subordinates that a manager or supervisor can directly control. This number varies with the type of work: complex, variable work reduces it to six, whereas routine, fixed work increases it to twenty or more. In a human resources context, turnover or staff turnover or labour turnover is the rate at which an employer gains and loses employees. a business which operates primarily via electronic means Outsourcing is the process of contracting an existing business process which an organization previously performed internally to an independent organization, where the process is purchased as a service.
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Baby Boomers

Generation X

Generation Y

Dual Career Couple High Performance Work system

Self Management Team

HR Score Card

Compressed work week

Span of Control

Turn over ration (HR)

Virtual Organisation Outsourcing

Off-Shoring

Offshoring describes the relocation by a company of a business process from one country to another 195 items of job elements includes six categories: Interpersonal activities (36 elements), Work situation and job context (19 elements), and Miscellaneous aspects (41 elements). Information input (35 elements), Mental processes (14 elements), Work output (49 elements), PAQ is a structured instrument of job analysis to measure job characteristics and relate them to human characteristics

Position Analysis Questionnaire(PAQ)

Task Inventory Analysis (TIA)

A task inventory is a list of the discrete activities that make up a specific job in a specific organization. Job analysis technique that asks subject-matter experts to evaluate a job in terms of the abilities required to perform the job The Standard Occupational Classification (SOC) System is a United States government system of classifying occupations. Job identification collects the specific description of a position, along with skills required to perform the individual tasks of the position into a document. Job rotation is a management technique that assigns trainees to various jobs and departments over a period of a few years. Job enrichment is an attempt to motivate employees by giving them the opportunity to use the range of their abilities. Job Enrichment is the process of making a job more interesting, challenging and satisfying for the employees. Dejobbing is broadening the responsibilities of the companys jobs and encouraging employees not to limit themselves to whats on their job description Flat organization (also known as horizontal organization) refers to an organizational structure with few or no levels of intervening management between staff and managers.
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Fleishman Job Analysis

Standard Occupation Classification (SOC) Job Identification

Job Rotation

Job Enrichment

Dejobbing

Flatter Organizations

Network Organisations