HR Decision Analysis Exercise_CH1

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University of Massachusetts, Lowell *

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3100

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Management

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Apr 3, 2024

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docx

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HR Decision Analysis Exercise: Unlimited Vacation? In this chapter, we presented a lot of information regarding HRM and approaches to business in general. Given how many different things you have considered, we would like you to take some time to focus on some key aspects of making effective HRM decisions. Read on about some different HRM decisions that have been made. Your company is considering giving everyone in the organization unlimited vacation time regardless of how long they have been with the company or how much they currently make. This is following the popularity of this approach at several major organizations such as Netflix, General Electric, and the Virgin Group. Your boss has asked you to take the perspective of wanting to ensure that HRM decisions are effective, and using the figure below as a guide, determine what questions should be asked to address how wise this policy change might be from a variety of angles. Please generate questions and provide the rationale for them around each of the following characteristics. In other words, what questions do you need to have answered to determine if this is an effective HRM decision? Legal, ethical, and fair __Need to know the laws on how much vacation time is needed in that area__________________________________________________________________________ __ Evidence based/evidence informed Has it been beneficial when used by other companies?___________ Fosters healthy employee–employer relationships How would it subtract or add to the relationships Timely and cost effective Would we be paying for this vacation time or is it unpaid? Takes a systematic stakeholder perspective How is this effecting our stakeholders Considering your analysis, overall, is this an effective decision? Why or why not?

Yes it would be an effective decision if after analyzing all the data we saw more benefits than cons ______________________________________________________________________________ What, if anything, do you think should be taken into consideration to help make this decision most effective? What the employees and upper management actually want in regards to vacation time.

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