Human Capital Management

1. The available workers from outside the organization – is also important in HR planning.
3. It is important because turnover is costly, there are implications of time and money to redo processes again.
4. A fixed amount of money or compensation paid periodically to an employee by an employer in return for work performed.
5. Choosing people who have the right qualifications to fill a current or future job opening. Usually, managers and supervisors will be ultimately responsible for the hiring of individuals.
7. This strategy entails giving the opposing side what it wants. The use of it often occurs when one of the parties wishes to keep the peace or perceives the issue as minor.
12. Opportunity provided by an employer to employees for learning or developing new skills and competencies for their future roles and responsibilities.
13. The job related activities expected of a worker and how well those activities are executed.

2. A process which consists on a number of interrelated steps, beginning with job analysis and ending with the identification of diserable candidates.
6. A stimulus provided to provoke to action or greater effort, as a reward offered for increased productivity.
8. It includes not only salary, but also the direct and indirect rewards and benefits the employee is provided with in return for their contribution to the organization; this is, the payment for their performance in the job.
9. The internal feeling that initiates, guides, and maintains goal-oriented behaviors. What causes you to act.
10. Corporation or individual that provides employment recruiting services, which is hired by firms to find talent, and to locate individuals who meet specific job requirements.
11. The process of hiring, positioning and overseeing employees in an organisation. This means to have the right person in the right position at the right time.