Human resources Flashcards
(117 cards)
why is human resource management important
- ensures the right ppl in the right roles with the right support with opportunities to suceed as well as a positive work environment
- This will lead to higher productivity, improved efficiency and a competitive advantage
Staff are an asset to a business as they bring knowledge, skills, and expertise to the business
staff can increase productivity, drive innovation and enhance customer service - all of which contribute to the success and profitability of the business
Staff can help to build a positive reputation for the business through their interactions with customers, suppliers, and other stakeholder
Staff also generate costs for a business - and for many businesses staffing costs are one of the largest costs they have. These costs include
- Hiring and training workers
- Managing workers as managers have to be hired
- Paying the salaries and wages staff
- Additional benefits, such as company cars, pensions, healthcare etc
- Letting workers go often requires (redundancy payments)
Human resource planning
focuses on identifying how many and what kind of employees are needed
It looks at how employees will be
- Recruited and deployed (used)
- Developed and trained
- Motivated, managed and led
what is a key element of effective financial and operational control
Careful planning and objective monitoring of employee performance
external factors affecting the HR plan
- technological change
- government regulations
- demographic change
- social trends
- state of the economy
- changes in education
- Labour mobility
- immigration
internal factors affecting the HR plan
- changes in business organization
- changes in labour relations
- changes in business strategy
- changes in business finance
reasons for change in working patterns
- remote, hybrid, and flexible working
- gig economy and freelancing
- empahsis on work-life balance
- changes in occupations
job sharing
involves two or more employees work at different times to complete the tasks required for one job
Work is typically shared on a weekly basis, with job sharers communicating regularly to ensure tasks are not missed
This provides employees with flexibility whilst the employer benefits from the task being completed
career break
where they decide to stop working for a period of time before returning to work in the same career
New parents often take career breaks until children are old enough to commence formal education
A sabbatical is a formalised career break, frequently used by employees to study or engage in other developmental activity such as travel
downshifting
involves a senior employee relinquishing their position to move to a lower-paid position with fewer responsibilities
Downshifting may occur when individuals change career or as workers approach retirement
teleworking
involves working at home or from any other location away from the traditional workplace
Advances in communications technologies have allowed workers to work anywhere with a reliable internet connection
Worker may attend a workplace from time to time for meetings or other essential purposes
flexitime
allows employees to work a specific amount of hours of work at times of their own choosing
Workers can fit work tasks around their other responsibilities such as childcare
part time work
where employers work for fewer hours than those expected in a full time role
changing internal factors
business growth, new business ownership or internal restructuring
changing external factors
changes to the market or technological advancements
factors contributing to employee resistance
- perceived losses
- fear of the unknown
- loss of control
- disruption of routine
- lack of trust
- poor communication
if the pace of change is too fast
It can create resistance from overwhelmed workers who feel unprepared and that they don’t have enough time to adjust
It may not be properly thought through or planned, resulting in poor execution
It may be difficult to communicate effectively leading to misunderstandings and confusion amongst the workforce
if the pace of change is too slow
A lack of adaptability and innovation
A loss of momentum leading to delays or even the abandonment of the change
Communication efforts becoming stagnant leading to disinterest and disengagement
change management strategies
refer to the approaches and methods adopted to successfully navigate and implement change in a business
common steps in a change management process
- Identify the change and communicate clearly
- plan and resource the change
- provide strong leadership
- engage stakeholders
- train and develop
- appoint change agents
- provide feedback
- celebrate success
organisational structure
outlines the reporting relationships, roles, and responsibilities of employees in the organisation
ways to effectively implement their ideas and achieve their objectives
They should consider how the structure may affect the management and effectiveness of operations and communications
A well-designed organisational structure helps to promote clarity, efficiency, and accountability
hierarchy
refers to the levels of authority within an organisation
It describes the ranking of positions from top to bottom
The higher the position in the hierarchy, the more authority and power it holds
The hierarchy usually includes top-level management, middle-level management, and lower-level employees