Labor Law and Human Capital

attention Law and humane Capital Management Patti L. Jolicoeur Human imagery Management in the 21st Century HRM5004 u03a1 October 30, 2010 Theresa Pavone Abstract There are some(prenominal) laws and regulations affecting HR Professionals and labor in the workplace. The U.S. Department of diligence oversees these and commands organizational compliance. The relationship of labor laws and human capital focussing is a balance of analyzing workforce strengths and vulnerabilities and risk management to deem an organization in meeting goals and objectives and minimize the hazards and shocks along the way. * (3 points) Labor Laws and Human Capital Management in Manufacturing The Manufacturing sector comprises establishments industrious in the mechanical, physical, or chemical transformation of materials, substances, or components into sweet products and are often described as plants, factories, or mills. ii labor laws that heavily impact the manufacturing industry are sporty Labor Standards enactment (FLSA) and Occupational Safety and Health Act (OSHA) (Bureau of Labor Statistics, 2010).

As organizations continue their attempts to outlast the current atypical economic conditions, it is vial not to lose sight of having self-colored HR practices which are critical to protect the company against lawsuits and in weathering the economic storm. Effective HRM will help maximize simoleons and productivity by minimizing employment related expenses and maximizing employee military operationâ€"retain and sustain. It is necessary to operate leaner and smarter, engage employees, and ensure the right people are put into the right jobs (Journal of Human Resources and Human Resources Management, 2004). The role of an HR professional should concentrate on a companys most important mental imageryâ€"the employees. Without high-quality employees, organizational goals and objectives cannot be achieved. Importance and Influence of Labor Laws The subject of FLSA that has a high occurrence in... If you want to get a full essay, order it on our website: Orderessay

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