Are people really an organisation's most important asset? Not necessarily. Some are liabilities - but some undoubtedly are the most important drivers of value that an organisation has. The question is - who are they? How do we know? How would we maximise the value they have and the value they provide? These questions are what human capital management is about. This book explains the answers and discusses approaches to measurement and indicators which enable effective management of value creating assets.
It's an exciting time to be in HR as scores of technologies, such as Watson, AI, predictive modeling, real-time data analytics, HR shared service centers, and others are being implemented at a rapid pace by HR leaders around the world every day. Digital HR expertly addresses the revolutionary trends and disruptive technologies to provide HR executives, managers, specialists, generalists, and students with a comprehensive and evidence-based guide to current technologies that enhance, enable, revitalize, and empower Human Resources.
Now in its fourth edition, the text has been significantly revised and updated to include information that reflects changes in the field due to the economic crisis, changes in federal employment laws, how shifting demographics affect human resources management, the increased use of technology in human resources management practices, how social media has become embedded in the workplace, and new approaches to HRM policy and practice.
This book provides a comprehensive look at legal issues, regulations and laws which govern all aspects of human resource management-recruitment, selection, placement, performance management, benefits and compensation-and specific issues such as job analysis, sexual harassment, and the like. The contributors examine, analyze and discuss challenges, issues and opportunities related to HRM legal and regulatory issues and the implications for employees and their organizations.