In: Economics
Planning
A manager must plan ahead in order to get things done by his subordinates. It is also important to plan in order to give the organization its goals.
Organizing
After the human resource manager establishes the objectives and develops plans and programs to achieve them, he needs to design and develop the organization’s structure to carry out the different operations.
Directing
The directing functions of HRM entail guiding and motivating people to accomplish the personnel programs. The HRM can motivate the employees through career planning and salary administration by boosting the employee’s morale, developing relationships, providing safety requirements, and looking after the welfare of employees.
Controlling
Controlling is all about regulating activities in accordance with the plans formulated based on the objectives of the organization. This is the fourth function of the HRM and completes the cycle.
Understand Your Organization's Business
Know your customers, the cost of your products and how you're going to meet your monthly sales goals. You help the people get what they need to run the business efficiently, profitably, and respectfully in an empowering environment.
Share Responsibility for Business Goals and Plans
The overall business goals are your goals, too. When you make plans for your department, they should be directed to achieving overall business objectives as well as Human Resources goals. Developing a performance culture is a goal you'll likely own.
Run Your Department like a Business
Your goals must contribute to the accomplishment of the overall business objectives. Your action plans to achieve the goals need to translate into daily to-do lists for your staff. Every significant activity requires a feedback loop or audit, so you know that it is being accomplished.
Age Discrimination in Employment Act of 1967
The Age Discrimination in Employment Act of 1967 is a US labor law that forbids employment discrimination against anyone at least 40 years of age in the United States. The ADEA prevents age discrimination and provides equal employment opportunity.
Employment Non-Discrimination Act
The Employment Non-Discrimination Act is legislation proposed in the United States Congress that would prohibit discrimination in hiring and employment on the basis of sexual orientation or gender identity by employers with at least 15 employees.
The Equal Pay Act
The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex.
How companies can protect against lawsuits?
General liability insurance protects small business owners from things that happen during the course of business whether a customer gets hurt using a product or there is some kind of disaster. It covers the business and the business owner from any claims that involve bodily injury or property damage. Typically this type of insurance offers protection from lawsuits, covering investigations to defend the business and settlement costs.