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Thursday, August 25, 2011

HR Glossary

Strategic HRM
The process of aligning human resources more closely to the strategic and operating objectives of the organization.

Strategic Planning

The process of identifying an organization's long-term goals and objectives and then determining the best approach for achieving those goals and objectives.

Succession planning

Involving identifying a potential candidate to replace core individual employees either known t be leaving the firm at some point in the future and/or whose sudden departure would pose a risk to the operation of the firm.
Suspension
A form of disciplinary action resulting in an employee being sent home without pay for a specified period of time.