C202 Managing Human Capital Ch1 4_ pdf
Combo with "C202 Managing Human Capital Ch1-4" and 1 other flashc...
1 of 20
https://quizlet.com/84950900/combo-with-c202-managing-human-capita...
competitive advantage
doing something differently from the competition that leads to outperformance and success
human resource management
the organizational function responsible for attracting, hiring, developing, rewarding and retaining talent
staffing
the process of planning, acquiring, deploying and retaining employees that enables an organization to meet its talent needs and to execute its business strategy
total rewards
the sum of all of the rewards employees receive in exchange for their time, efforts and performance
direct financial compensation
compensation received in the form of salary, wages, commissions, stock options or bonuses
indirect financial compensation
all the tangible and financially valued rewards that are not included in direct compensation, including free meals, vacation time and health insurance
10/8/2015 3:20 PM
Combo with "C202 Managing Human Capital Ch1-4" and 1 other flashc...
2 of 20
https://quizlet.com/84950900/combo-with-c202-managing-human-capita...
nonfinancial compensation
rewards and incentives given to employees that are not financial in nature including intrinsic rewards received from the job itself or from the work environment
Strategic risk, Operational risk,
Financial risk and Compliance risk
Managing human resources strategically helps organizations manage four types of risk:
business strategy
defines how a firm will compete in its marketplace talent philosophy
a system of beliefs about how an organization's employees should be treated human resource strategy
links the entire human resource function with the firm's business strategy global mindset
a set of individual attributes that enable you to influence individuals, groups and organizations from diverse socio/cultural/institutional systems
superior value for their money
To have a competitive
1 of 20
https://quizlet.com/84950900/combo-with-c202-managing-human-capita...
competitive advantage
doing something differently from the competition that leads to outperformance and success
human resource management
the organizational function responsible for attracting, hiring, developing, rewarding and retaining talent
staffing
the process of planning, acquiring, deploying and retaining employees that enables an organization to meet its talent needs and to execute its business strategy
total rewards
the sum of all of the rewards employees receive in exchange for their time, efforts and performance
direct financial compensation
compensation received in the form of salary, wages, commissions, stock options or bonuses
indirect financial compensation
all the tangible and financially valued rewards that are not included in direct compensation, including free meals, vacation time and health insurance
10/8/2015 3:20 PM
Combo with "C202 Managing Human Capital Ch1-4" and 1 other flashc...
2 of 20
https://quizlet.com/84950900/combo-with-c202-managing-human-capita...
nonfinancial compensation
rewards and incentives given to employees that are not financial in nature including intrinsic rewards received from the job itself or from the work environment
Strategic risk, Operational risk,
Financial risk and Compliance risk
Managing human resources strategically helps organizations manage four types of risk:
business strategy
defines how a firm will compete in its marketplace talent philosophy
a system of beliefs about how an organization's employees should be treated human resource strategy
links the entire human resource function with the firm's business strategy global mindset
a set of individual attributes that enable you to influence individuals, groups and organizations from diverse socio/cultural/institutional systems
superior value for their money
To have a competitive