LESSON 1: Key functions in HR Management

LESSON 1

Key functions in HR Management.
Human Capital.

 

Pobierz lekcję w formacie PDF

THINK: What does „HR”

stand for
to stand for – to mean
?

rys1

THINK: What does „HR” mean for you? What is your own definition of „HR”

rys2

EXPLAINthe definition using your own words.

WHATdo you associate „HR” with? Write down your own ideas.

 

Kliknij na poniższy obrazek, aby go powiększyć

rys4

  • HOWDO YOU PUT ?employing people? IN A SPECIALIST LANGUAGE?
  • MATCHyour ideas with the key functions in HR management.

 

W puste, podkreślone pola po lewej stronie tabeli możesz wpisać własne odpowiedzi, a potem porównać z kluczem, znajdującym się pod ćwiczeniem.

Recruitment & Selection -> example: employing people
Training & Development (people or organization) -> example: organizing trainings
Performance Appraisal/Performance Evaluation -> example: assessing employees
Promotions/Transfer -> example: promoting
Redundancy -> example: firing, dismissing people, making people redundant
Record keeping of all personal data -> example: keeping the personal data
Total Rewards: Employee Benefits & Compensation -> example: rewarding employees
Career development -> example: planning career
Click here, to see the key!

Rekrutacja i dobór pracowników Recruitment & Selection -> example: employing people
Szkolenia i rozwój pracowników Training & Development (people or organization) -> example: organizing trainings
Ocena pracowników Performance Appraisal/Performance Evaluation -> example: assessing employees
Awans i przeniesienia pracowników Promotions/Transfer -> example: promoting
Zwolnienia pracowników Redundancy -> example: firing, dismissing people, making people redundant
Prowadzenie akt pracowników Record keeping of all personal data -> example: keeping the personal data
Wynagrodzenie pracowników Total Rewards: Employee Benefits & Compensation -> example: rewarding employees
Planowanie ścieżki rozwoju Career development -> example: planning career



VOCABULARY EXERCISE 1

Complete these sentences with suitable words or expressions.

 

recruitment total rewards record keeping of personal data
redundancy performance training and development
appraisal selection development and career
  1. is the process of identifying that the
    organization
    Entity that gets inputs of data, materials as well as human and other assets from its business environment. It turns these into outputs in the form of goods and/or services.
    needs to employ someone up to the point at which application forms for the post have arrived at the organization. then consists of the processes involved in choosing from applicants a suitable candidate to fill a post.
  2. At the end of every 6 months a review or takes place.
  3. If you are made redundant you may be entitled to pay if you have worked for your employer for at least two years.
  4. provide employees with the opportunity to develop their skills and talents, which can contribute to career growth and advancement within the company.
  5. Good is an important part of a professional?s task. Records should use clear, straightforward language, be concise, and accurate.
  6. include everything the employee perceives to be of value resulting from the employment relationship.
  7. There are five elements of total rewards:
  • Compensation
  • Benefits
  • Work-Life
  • Performance and Recognition
  • opportunities
Click here, to see the key!


1.
Recruitment is the process of identifying that the organization needs to employ someone up to the point at which application forms for the post have arrived at the organization. Selection then consists of the processes involved in choosing from applicants a suitable candidate to fill a post.

2. At the end of every 6 mo nths a performance review or appraisal takes place.

3. If you are made redundant you may be entitled to redundancy pay if you have worked for your employer for at least two years.

4. Training and development provide employees with the opportunity to develop their skills and talents, which can contribute to career growth and advancement within the company.

5. Good record keeping of personal data is an important part of a professional?s task. Records should use clear, straightforward language, be concise, and accurate.

6. Total rewards include everything the employee perceives to be of value resulting from the employment relationship.

7. There are five elements of total rewards:

. Compensation

. Benefits

. Work-Life

. Performance and Recognition

. Development and Career o pportunities

Check for the meaning and then check for the Polish equivalents.

 

RECRUITMENT / SELECTION
PERFORMANCE / APPRAISAL
REDUNDANCY
TRAINING AND DEVELOPMENT
RECORD KEEPING OF PERSONAL DATA
TOTAL REWARDS
DEVELOPMENT AND CAREER
Click here, to see the key!

 

RECRUITMENT / SELECTION REKRUTACJA I DOBÓR PRACOWNIKÓW
PERFORMANCE / APPRAISAL OCENA PRACY
REDUNDANCY ZWOLNIENIA
TRAINING AND DEVELOPMENT SZKOLENIA I ROZWÓJ
RECORD KEEPING OF PERSONAL DATA PROWADZENIE AKT PRACOWNIKÓW
TOTAL REWARDS WYNAGRODZENIE
DEVELOPMENT AND CAREER PLANOWANIE ŚCIEŻKI ROZWOJU


VOCABULARY IN USE

Using the words and expresions from the exercises above describe your job.
To describe your job use the following phrases:


  • my job title is ?
  • I deal with ?
  • my duties involve ?
  • I am responsible for ?
  • I develop (e.g. training programmes)
  • I work closely with
  • I prepare, carry out (e.g. screening & interviews)
  • I analyze, select, conduct the 2 nd interview
  • I shortlist applicants from the 1 st interview
  • I monitor, check, support


READING EXERCISES

BEFORE READING -> THINK:WHAT IS HUMAN CAPITAL?

NOW READ THE TEXT:

Human Capital by Gary S. Becker

The Concise Encyclopedia of Economics

 

TITLE NUMBER ->

 

To most people, capital means a bank account, a hundred shares of IBM stock, assembly lines, or steel plants in the Chicago area. These are all forms of capital in the sense that they are assets that yield income and other useful outputs over long periods of time.

But such tangible forms of capital are not the only type of capital. Schooling, a computer training course, expenditures on medical care, and lectures on the virtues of punctuality and honesty are also capital. That is because they raise earnings, improve health, or add to a person?s good habits over much of his lifetime. Therefore, economists regard expenditures on education , training, medical care, and so on as investments in human capital. They are called human capital because people cannot be separated from their knowledge, skills, health, or values in the way they can be separated from their financial and physical assets.

 

TITLE NUMBER ->

 

Education, training, and health are the most important investments in human capital. Many studies have shown that high school and college education in the United States greatly raise a person?s income, even after netting out direct and indirect costs of schooling, and even after adjusting for the fact that people with more education tend to have higher IQs and better-educated, richer parents. Similar evidence covering many years is now available from more than a hundred countries with different cultures and economic systems. The earnings of more-educated people are almost always well above average, although the gains are generally larger in less-developed countries.

 

TITLE NUMBER ->

 

Of course, formal education is not the only way to invest in human capital. Workers also learn and are trained outside schools, especially on the job. Even college graduates are not fully prepared for the labor market when they leave school and must be fitted into their jobs through formal and informal training programs. The amount of on-the-job training ranges from an hour or so at simple jobs like dishwashing to several years at complicated tasks like engineering in an auto plant. The limited data available indicate that on-the-job training is an important source of the very large increase in earnings that workers get as they gain greater experience at work. Bold estimates by Columbia University economist Jacob Mincer suggest that the total investment in on-the-job training may be well above $200 billion a year, or about 2 percent of GDP.

 

TITLE NUMBER ->

 

New technological advances clearly are of little value to countries that have very few skilled workers who know how to use them. Economic growth closely depends on the synergies between new knowledge and human capital, which is why large increases in education and training have accompanied major advances in technological knowledge in all countries that have achieved significant economic growth.

The outstanding economic records of Japan, Taiwan, and other Asian economies in recent decades dramatically illustrate the importance of human capital to growth. Lacking natural resources – they import almost all their energy, for example – and facing discrimination against their exports by the West, these so-called Asian tigers grew rapidly by relying on a well-trained, educated, hardworking, and labor force that makes excellent use of modern technologies. China, for example, is progressing rapidly by mainly relying on its abundant, hardworking, and ambitious population.

Match the titles with the paragraphs.

  1. The economic growth vs investments in human capital
  2. The importance of the on-the-job training
  3. The most important investments in human capital
  4. Two types of capital
Click here, to see the key!

Proper order: 3, 2, 4, 1

Match the words with their definitions

 

asset an amount of something produced by a person, machine or a country
to yield a useful or valuable quality, skill or person
output a good moral quality in a person
tangible when you get something useful or positive
virtue to supply or produce something positive such as profit
net out real or not imaginary, able to be touched
gain more than enough
on the job to cancel out positive and negative amounts
accompany putting a lot of effort into your work
conscientious happening while you are working
abundant to go with / to be provided with
Click here, to see the key!

asset a useful or valuable quality, skill or person / zaleta, atut, plus
to yield to supply or produce something positive such as profit / wydawać, przynosić, dostarczać
output an amount of something produced by a person, machine or a country / wydajność, produkcja, moc, dorobek
tangible real or not imaginary, able to be touched / namacalny
virtue a good moral quality in a person / cnota
net out to cancel out positive and negative amounts / zbilansować
gain when you get something useful or positive / zysk, osiągać
on the job happening while you are working / ?podczas pracy?
accompany to go with / to be provided with / towarzyszyć, być dołączonym do ?
conscientious putting a lot of effort into your work / sumienny, staranny, skrupulatny
abundant more than enough/ obfity / nadmierny

Complete the sentences with the proper word from exercise above:
  1. He and his knowledge will be great to our team.
  2. Cheap consumer goods are (= exist in large amounts) in this part of the world.
  3. Last year British manufacturing fell by 14%.
  4. Other benefits include an increase in salary and shorter working hours.
  5. The minister was sacked for abusing power for his personal _________________ .
  6. Patience is a _________________ .
  7. The investigation ___________________ some unexpected result.
  8. No formal qualifications are required for the work ? you will get __________________ training.
  9. The course books are ________________________ by four cassettes.
  10. He is a very _____________________ worker.
  11. In finance you might ____________________an account by cancelling amounts owed against amounts due in order to eliminate offsetting transactions.
Click here, to see the key!

1. He and his knowledge will be great asset to our team.

2. Cheap consumer goods are abundant (= exist in large amounts ) in this part of the world.

3. Last year British manufacturing output fell by 14%.

4. Other tangible benefits include an increase in salary and shorter working hours.

5. The minister was sacked for abusing power for his personal ____ gain _ .

6. Patience is a __ virtue ____ .

7. The investigation ____ yielded __ __ some unexpected result.

8. No formal qualifications are required for the work ? you will get ____ on the j ob _____ training.

9. The course books are ____ accompanied _____ by four cassettes.

10. He is a very ___ conscientious ___ worker.

11. In finance you might __ net out ___ an account by cancelling amounts owed against amounts due in order to eliminate offsetting transactions.

Make the questions and answer them.

Questions to paragraph 1.

  • What / to be / of / the / capital / types / two?

 

QUESTION->
ANSWER->

 

  • What / economists / some / as / investments / regard / human / capital / in ?

 

QUESTION->
ANSWER->

Questions to paragraph 2.

  • What / a / person?s / raise / USA / income / the / in ?

 

QUESTION->
ANSWER->

 

  • What / many / and how / countries / to be / available / the / from / evidence / the / correlation / higher education / between / higher / income / for / from ?

 

QUESTION->
ANSWER->

 

Questions to paragraph 3.

  • What / to be / apart from / education / formal / example / another / of / human / in / capital / investing ?

 

QUESTION->
ANSWER->

 

  • What / GPD / for / stand ?

 

QUESTION->
ANSWER->

 

Question to paragraph 4.

  • What / economic / on / depend / growth?

 

QUESTION->
ANSWER->

 

  • Why / the / to be / so-called / tigers / Asian / of / good examples / investing / the importance / of / human capital / in?

 

QUESTION->
ANSWER->
Click here, to see the key!

Questions to paragraph 1.

  • What / to be / of / the / capital / types / two?

 

QUESTION-> What are the two types of capital?
ANSWER-> – tangible capital e.g. bank account, steel plants / human capital

 

  • What / economists / some / as / investments / regard / human / capital / in ?

 

QUESTION-> What do some economists regard as investments in human capital?
ANSWER-> – ?education, training, health?

Questions to paragraph 2.

  • What / a / person?s / raise / USA / income / the / in ?

 

QUESTION-> What raises a person?s income in the USA?
ANSWER-> – ?more education?

 

  • What / many / and how / countries / to be / available / the / from / evidence / the / correlation / higher education / between / higher / income / for / from ?

 

QUESTION-> What and how many countries are the evidence for the correlation between higher education and higher income?
ANSWER-> – ?more than a hundred countries with different cultures and economic systems?

 

Questions to paragraph 3.

  • What / to be / apart from / education / formal / example / another / of / human / in / capital / investing ?

 

QUESTION-> Apart from formal education what is another example if investing in human capital?
ANSWER-> – on the job training

 

  • What / GPD / for / stand ?

 

QUESTION-> What does GDP stand for?
ANSWER-> Gross Domestic Product

 

Question to paragraph 4.

  • What / economic / on / depend / growth?

 

QUESTION-> What does the economic growth depend on?
ANSWER-> – ?synergy between new knowledge and human capital?

 

  • Why / the / to be / so-called / tigers / Asian / of / good examples / investing / the importance / of / human capital / in?

 

QUESTION-> Why are the so-called Asian tigers good examples of the importance of investing in human capital?
ANSWER-> ?they illustrate the importance of human capital to economic growth?

Follow-up discussion. Think of the issues below:

  1. Do you see the importance of investing in human capital?
  2. Is human capital indeed so important?
  3. To what extent does your country invest in human capital?
  4. What?s the attitude of your company towards investing in human capital?