Unit 2 : Human Resource Management Flashcards
(100 cards)
What is human resource management?
Management function of deploying and developing people within the organisation to meet the organisations objectives
What does human resource planning consist of?
- Recruitment and selection of new employees
- Training of employees
- Appraisals and performance reviews
- Pay and remuneration reviews
- Employee welfare checks
- Disciplinary procedures
What is human resource planning?
Human resource planning refers to anticipating and meeting the current and future human resource needs of the organisation
What is short term HRP ?
Deals with existing and upcoming human resource demands
What is long term HRP ?
Looks at the human resource needs of the company in the foreseable future
What does HRP use for effective planning?
Historical data and trends - what were the previous needs, how have needs changed now, what are some historical characteristics of the working populations
Sales and income levels - more sales, higher income means more jobs
Labour turnover rate - higher the rate more the employees will have to be constanlty recruited
Demographic characteristics - population of women, different ages and more
Flexibility of workforce
What problems will a business face in the absence of HRP
5 R’s
- Recruitment - more money will be spent on recrutiment, may not meet the staffing needs
- Resources - wasted on personnel problems
- Reservations - decreased motivations, more fear around job security
- Returns - reduced producitvity reduced profits
- Reputation - all impacts overall brand image
What is demography?
It is the stastical study of population characterisitcs and trends
What demographic factors are considered in HMP?
Birth rate
Death Rate
Immigration rate
Percentage of women in the working population
The age division in the working population
What effect does an aging population have on business operations
Changes in consumption patterns - businesses will have to cater to different patterns of consumption
Changes in employment patterns - lower turnover due to higher retainment due to increased age of retirement
Reduced labour mobility - they are resisitant to change
Increased depednets - more pressure on working population
what is labour mobility?
Labour mobility refers to the ability of employees to be flexible in terms of moving location ( geographic mobility) or switching jobs or positions ( occupational mobility)
What does occupational mobility depend on?
Level of skill of worker - super specialised ~ low mobility. Highly skilled ~ high mobility
Age - older people are less mobile
Employment laws and protection regulation
What is an immigrant?
A person who is engaged in a remunerated activity in a country not of their origin
Why do workers immigrate?
Better education and occupational oppurtunities
Better economic oppurtunites - better pay and remuneration
Better standards of living
Looking for political stability
What is flexitime?
Flexitime refers to employee working hours time management method in which employees work for a core period specificed by the org and then work for an additional period which’s time can be decided by them
Adv and disadv of homeworking for employee
Adv
- Less money and time spent on commute
- More job oppurutnities and contuity for employees with dependents
- More autonomy over working hours and more work life balance
Disadv
- More distractions
- social isolation
- heavily dependent on ICT
Adv and disadv of homeworking for employer
Adv
Continuity of work from workers with dependents
Less overhead costs in renting office space and office equipment
Increase flexibility leads to more motivation andincresed productivity
Disadv
Harder to monitor and control performance online
ICT in each employees house can be expensive
Recruitment is harder cause you have to get more responsible hardworking honest employees
What is a gig worker?
A gig worker refers to a freelance worker who works on short-term, flexible, project-based contracts.
Adv of gig economy
Various sources of income
more autonomy and work life balance
Can work for various different employers at times and schedules which work for them
Company doesnt need to spend money on training or remuneration when using gig workers
Disadv of gig economy
No real job security
No remuneration or benefits
Increased work load and more stress
Burn out possible
Company cant ensure good quality work which may or may not satisfy standards. tis risky in terms of corporate imageR
Reasons for resistance to change
Self interest - i only care about myself
Low tolerance of change - i dont want things to change
Misinformation - you said that we would all loose our jobs
Different interpretations - i dont think this will be good for our jobs
Kotters strategies to combat resistance
Education and communication - teaching
Participation and involvement - involving
Facilitation and support - helping
Negotiation and agreement - giving incentives
Manipulation and cooption - tricking
Implict and explicit coercion - threatening
What does the term organisational structure refer to?
The term organisational structure refers to the formal interelationships and arrangements of human resources in an organisation
What are the main facets of org structure
Accountability - who is responsible for what job or task. Managers give accountability to employees
Responsibility - who is in charge of whom and in what capacity