Unit 6 Flashcards
(34 cards)
what is human resource management (HRM)?
HRM is the strategic approach to managing people in an organisation to help the business gain a competitive advantage
give two examples of HR objectives
- improves employee engagement
- reduce labour turnover
what is labour turnover?
the proportion of a firms workforce that leaves over a period of time (usually annually)
what formula is used to calculate labour turnover?
(number of staff leaving / average number of employed) x 100
what is absenteeism?
the rate at which employees miss work without a valid reason
what is workforce planing?
forecasting the number and types of employees an organisation will need in the future
what are internal influences on HR objectives?
corporate objectives, financial constraints and organisational cultures
what are external influences on HR objectives?
legislation, labour market trends and technology
define job design
structuring jobs to improve employee satisfaction and performance
what is recruitment?
the process of identifying and attracting suitable candidates to fill job vacancies
whats the difference between internal and external recruitment?
internal: hiring from within the business
external: hiring from outside
what are the advantages of internal recruitment?
cheaper, quicker, boosts morale, known candidates
what is selection?
the process of choosing the most suitable candidate from applicants
name three selection methods
interviews, assessment centres, psychometric tests.
what is induction training?
training provided to new employees to familiarise them with the business
what is on-the-job training?
training done while performing the job in the workplace
what is off-the-job training?
training conducted outside the workplace (e.g. courses, workshops)
define organisational design
structuring a company’s workforce to improve communication, efficiency and flexibility
what is a span of control?
the number of subordinates a manager directly oversees
what is a tall organisational structure?
many hierarchical levels with narrow spans of control
what is a flat organisational structure?
fewer hierarchical levels with wide spans of control
what is delayering?
removing levels of management to flatten the organisational structure
define employee engagement
the emotional commitment an employee has to their organisation and its goals
what is employee involvement?
the extent to which staff are encouraged to contribute ideas and take part in decision-making