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Home / Blog / Top Human Resources Terms Every HR Must Know

Top Human Resources Terms Every HR Must Know

17 Jan 2020

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Human Resources Terms

Top Human Resources Terms Every HR Must Know

The human resources department involves the most interesting combination of people skills and strategies. Also, HR management plays a vital asset in all medium and large companies. They have to handle a variety of roles and tasks for the company, including employee benefits, training, discipline and other tasks that work directly with the employee of the company. You are also tasked with finding great talent, hiring and sometimes, releasing an employee. The main goal is to keep a business well staffed with qualified personnel.

Currently, there are different ways to train people both on and off the job. Training is always best to ensure employees are operating to the best of their ability or not, also people should be trained by both in-house and external trainers.

Learning management systems are one of the most effective ways of keeping track of staff training, whether it be on the job or off the job. You can even create a database to track people who have been trained in what area, who is waiting for training, and when training is scheduled to be held. Qualifications are also a very good way of giving employees something that they can show physically and be proud of. Here are some of the things need to keep in mind that every training involved.

  • Morale
  • Productivity
  • Safety
  • Value
  • Independence

Above all the prominent benefits can only make perfect Human resource management which can help an organization effectively. Generally, people think about HR management has only recruitment responsibilities. But it’s not like that HR professionals aren’t only tasked with staying up-to-date with ever-changing employment laws and insurance policies. They also must act as liaisons between management and employees and as advocates for employees, as well.

Other than responsibilities there are also some Human resource terms every human resource manager should be familiar with.

Balanced scorecard

The balanced scorecard is nothing but the tool used to evaluate the effectiveness of Human Resource Management. In this particular method, the HR evaluates not only the financial performance of the organization but also takes into consideration key performance.

There are four dimensions that can take into consideration and using these four dimensions can only make a perfect balanced scorecard.

  • Financial Dimension
  • Customer service
  • Internal business process
  • Learning & growth

Earlier, the evaluation tool was just focussing on the financial performance of an organization through its past records. But using a balanced scorecard can keep a track of both past as well as forecast the future performance of its operations.

Duties and responsibilities

Earlier, organization leaders have often thought of human resource (HR) managers as the professionals that ensure all staff members comply with organizational terms and policies. Also, the role of the human resource (HR) has quite typical been included administrative duties, such as gathering, filing and storing paperwork. They have traditionally worked in establishing and enforcing company regulations. Apart from this, the responsibilities involved payroll, hiring, and benefits lie in the scope of those business units.

In the modern era, the HR executive role is shifting to align with forward-thinking implementations.  Also, Modern human resource executives must contribute their innovative ideas and lead organizations in advancing corporate objectives. Moreover, HR managers must grow and change in parallel with their respective organizations.

Expected behavior

Behavioral competency is essentially an evaluation of the behavior qualities and character traits of an employee. However these competencies can vary by employer, but fundamentally they evolve throughout people skills, managerial skills, and achievement skills. Moreover, certain positions work better for certain behavioral competencies. Such basic criteria will help to determine whether an applicant will be good at the position he or she is applying for, as you might expect, a candidate applying for a managerial position should have strong achievement and development-related skills.

Expected job results

Expected results completely depend on the performance directly to the individual Staff Member. An Expected Job Result should be mentioned to describe the outcome of individual staff achievement or the intended result of what a Staff Member does. It also represents "what" will be achieved in terms of results, not in terms of activities.The assessment of work tied to key indicators or metric and it is resolute on the staff performance. There ought to be enough Expected Job Results to effectively represent the expected standards of performance and alignment with goals and achievement.

Expected Job Result can also be measured like WHAT WE DO - actual performance outcome regardless of the quality of the result

Goal

Human Resources is one of the key components of a solid business model. Without proper management of human resources, the network gets broken, hampering your profitability and strategic goals. The overall performance completely depends on the goal. It is something like what you have achieved in the entire career also what you are planning for the future.

There are 7 key goals for excellent human resource management that can make it possible to achieve success: Helps the company accomplish its objectives.

It helps the organization reach its goals.

It identifies and satisfies the needs of individuals.

Achieves and maintains high morale among employees.

It Provides well-trained and well-motivated employees to the organization.

Responsibilities to enhance employee capabilities to perform the present job.

Onboarding

"Achieved Expectations"-Consistently demonstrated successful habits, achieved anticipated job outcomes and complied with work rules and regulations and performance standards. The staff member followed the high standards of DUHS and made a positive contribution to the workgroup and the organisation's progress.

Performance level definition: “below expectations”

"Achieved Expectations"-Consistently demonstrated successful habits, achieved anticipated job outcomes and complied with work rules and regulations and performance standards. The staff member followed the high standards of DUHS and made a positive contribution to the workgroup and the organisation's progress.

Performance level definition: “exceeded expectations”

"Under Expectations"-Significant improvement expected in one or more areas of Expected Behaviors or Job Results and/or failure to comply with work rules and regulatory or performance standards.

"Under Expectations" may also be applied to a member of staff who is in the process of acquiring new skills or skills and is growing to become fully competent in that skill or ability.

In any case, the staff members do not meet their expectations for one or more expected job results.

Performance level definition: “exceeded expectations”

"Met Expectations"-Consistently demonstrated role model attitudes, met planned job outcomes and complied with work rules and regulations and performance criteria. The staff member was an excellent contributor to the workgroup and the organisation's performance.

An "Exceeded Expectations" performance rating means the performance is consistently outstanding and functions as a role model behavior.

So if you’re just curious about business careers being Human Resource manager or have your sights set on becoming an HR professional, understanding these human resources terms and concepts will come in handy. If you think an HR career might be right for you, learn more at talenstcrew.com about the common qualities that every successful HR manager must have to build their career in HR professions.

Read Glossary of Human Resources (HR) and Employee Benefit Terms

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