HR Flashcards
(236 cards)
How is labour turnover calculated?
Labour Turnover = (Number of people leaving a business over a given period / Averaged number employed over a given period) x 100)
What are the internal and external causes of high labour turnover?
Internal factors: Ineffective leadership, poor communications, lower wages, poor selection procedures, boring jobs, poor working conditions, low morale. External factors: Increase in vacancies for more attractive jobs.
What are the problems of high labour turnover?
- High recruitment costs
- high training costs
- reduced productivity
- low morale.
How can labour turnover be reduced?
- Increase morale
- improve working conditions and pay
- improve training
- hire the right people
- use feedback from exit interviews.
What is labour mobility?
The mobility of labor is the extent to which labour can move to different locations known as geographical mobility and their flexibility in changing to different jobs known as occupational
mobility
What are the limitations of geographical mobility?
Friends and family ties
- Relocation costs
- Fear of the unknown
- The cost of living in a particular area
- Language and culture differences
What are the limitations of occupational mobility?
- Require education, qualifications, skills, experience and training
- Mature people are less willing to change careers as they think they are too old, have financial or other commitments.
- Highly specialized in their area industry difficult to seek opportunities in other industries
- If employers discriminate against people age, gender, religion, etc.
What is Recruitment and Selection?
Identifying the needs for new employees, attracting ideal candidates and then selecting the most suitable candidate to fill a postion.
What is Workforce Planning?
A core process of HRM is to ensure the right number of people with the right skills are in the right place at the right time to deliver short- and long-term organizational objectives
What is Internal Recruitment?
Filling a vacancy within the organization by promoting workers.
What are the disadvantages of internal recruitment?
- Limited choice
- Problems and jealousy among employees
- it may not generate new ideas
- nepotism
What are the advantages of internal recruitment?
- Firm employees may be stuck in their ways
- it involves a small number of applicants leading to a quicker recruitment process
- it provides career progression
- increases motivation
- less expensive
- employee skills are already known to firm
What are the advantages of external recruitment?
- Higher number of candidates
- candidates may have new ideas
- potential for new skills to be brought into the business.
What are the disadvantages of external recruitment?
- Recruitment process takes longer
- candidate appointed may not be as good as they appear
- more expensive to advertise
- may overcome jealousy and problems.
What are the types of media channels for recruitment advertisement?
- Internal Advertisement: Notice Boards, Email, Staff Meeting, Company Magazine, Word of Mouth.
- External Advertisement: Radio, Newspapers, Web Page, Magazines and Posters, Recruitment agencies job centres, Word of Mouth, Online -Websites.
What is shortlisting?
A reduced list of candidates for the same vacancy that has been cut down from a larger list.
What is training?
Training is providing of work-related education, either on-the-job or off-the-job, involving employees being taught new skills or improving skills they already know.
What are the benefits of training?
Performance levels of new employees reach experienced workers level, committed workforce and increased motivation and job satisfaction, increases efficiency and productivity, high quality products and services, improved profits.
What is the importance of effective recruitment and selection?
- Reduced labour turnover
- reduces the costs of further or another RS process
- improved productivity
- highly motivated employees lead to competitive advantage.
What is off-the-job external training?
Training outside of the business, such as college courses in business management or supervisory training. It allows employees to meet others from different organization and exchange ideas. Employees feel valued and more motivated.
What factors affect methods of recruitment and selection?
- Size of organisation and job level
- resources available
- costs of any particular method
- supply of labour
- culture of the organizations.
What are the advantages and disadvantages of external training?
Advantages:
* Knowledge can be shared from a professional
* personally getting ideas from professionals.
Disadvantages:
* Can be expensive with transportation, flights, and hotels; training could be slightly irrelevant to the job.
What is internal training?
Training on the job, inside of the business, specific to individual organization e.g if employees need to learn how to use a particular computer system which is new.
What are the advantages and disadvantages of internal training?
Advantages:
* More cheaper option than External Training.
Disadvantages:
* Could be focused somewhere else besides training
* Opportunity Cost.
* Customers want to be supported by experienced staff.