Unit 6. Human resources Flashcards
(107 cards)
What are the values of HR obj
1.able to motivate workers by setting target
2.provide clear guideline
3; good HR- good reputation -brand image
From having high expectation of its employees
Types of HR objective
1: labour productivity
2: # and location of the biz workforce
3: employee engagement and involvement
4: Training
5: Talent development
6: Diversity
7: alignment of values
Factors that effect employee cost in relation to revenue
1: wage rate
Rising wages without a corresponding revenue will worsen the value.
2: productivity rates of the workforce
Higher productivity can lead to increased sales without increasing the in put of the labour.
3: non wage employment cost
Offering generous pension scheme or similar benefits could drive up the labour cost without necessary increasing the revenue
4: The management of capacity
If biz doesn’t utilize its HR efficiently they may be paying for employees who are not necessary creating sales.
Formula for absenteeism
of days staff absent /total days workers could work x 100
%
What is empowerment
Involves redisgning employees job to allow them greater control over their working lives
Making work more interesting as it offers opportunities to meet a number of individuals needs
What is org design and
what are the key factors of it
the framework that provides a biz with a structure to achive its objectives
-levels of hierarchy
-spans of control
-delegation
-authority
-centralization and decentralization
What is org structure
Way biz is arranged to carry out its activities
What is levels/layers of hierarchy
Refer to the number of layers of authority within and org
What is span of control
Number of subordinates directly responsible to the manager
What is delegation and pros and cons
passing down of authority through the org
Pros:
-can speed up and improve the quasi of DM e.g. DM made by employees who are close to consumers and have a better understanding of their needs and they do not have to refer decisions to managers.
-can reduce the workloads of senior managers allowing them to focus on key tasks and to improve the skill of junior employees and prepares them for more senior roles in org-higher skill for junior managers potentially-higher efficiency.
Cons:
-the cost of training. May require a biz to spend heavily on training employees to ensure they have the necessary skills.
-may be inappropriate in some org where leadership styles are authoritarian and managers may be unwilling to pass control to junior managers
-not a suitable strategy to adopt to manage a crisis. ( give ex) such situations would require rapid decisions by experienced senior management.
-
What is centralized
where the majority of decision are taken by senior management
What is decentralization
where they gives greater authority to employees lower down the org structure.
What are the internal influences on delegation centralization and decentralization
- Leadership and management:
if laissez faire or democratic-more delegation - Biz overall or corporate obj:
if wanting to supply high quality-may be decentralised and delegate as more opinion-more potential new products. - Skill of workforce
if high skilled-decentralised.
External influences on delegation centralization, decentralization
Technological:
tech-effective decentralisation
competitive:
-high competitive-flexible and adaptable to meet consumers demand fully-decentralised
Economic:
if on the boom:hard for managers to control firms from the centre-more decisions-may be decentralised
Benefits of changing job and organizational deign
Pros;
1.improve their competitiveness
2. Improve performance of worker
more productivity-lower unit labour cost
3.makes job entertainig-builds up employer brand-high skilled worker joining
What is HR flow
Is movement of employees through an org starting w recruitment
Human resource flow
Recruitment-training- redeployment and redundancy
Cost of recruitment
-fees paid to recruitment consultancy
-placing advertisement in newspaper or journals
What are the two types of training
On the job
Off the Job
Pros of On the job
pros:
1. Can be tailored to the needs of the biz such as using the specific machinery that biz uses
2.easy to organize and can be completed at short notice
What is on the job training
Cheaper training option such as training existing employees to use equipment
What is off the ob training
More expensive but can be more effective in.e trading away from workplace
Cons of on the job trainng
Unlikely to bring new skills
Employee proving the training may be ineffective
Pros and cons of off the training
Pros:
1. Can bring new ideas into a biz
2. Employees may feel more valued and motivated
Because expensive
Cons:
1.it can be expensive
2. Lost productivity while the trainee is away from their role