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33 Cards in this Set

  • Front
  • Back

What is HRM

Human resource management (HRM) is themanagement function of using and developing people within a business to meetits organisational objectives

HRM entails roles suh as:

Workforce planning (also known as human resource planning)


The recruitment, selection and induction of new employees


Training and development of staff Performance management and staff appraisals reviewing pay and remuneration packages


Disciplinary and grievance procedures Looking after the welfare (wellbeing) of employe

Sort term workforce planning

deals with the existing and upcoming demandsof an organisation, e.g. employing workers to cover for staff who are about toresign, retire or go on maternity leave

Long term workforce planning

looks at the humanresource needs of the business in the foreseeable future, e.g. the Walt Disneycompany recruited and trained employees up to 2 years before Hong KongDisneyland was opened

How is workforce planning achieved

Historical data and trends


Sales and income level


Labour turnover rates


Flexibility and workload of staff


Demographic changes

Labour turnover

measuresthe percentage of the workforce that leaves the organisation in a given timeperiod, usually one year.

six acceptable reasons why people leave their job

Challenge


Location


Advancements


Money


Pride (or Prestige)


Job Security

Factors that influence human resource planning

Demographic change


changes in labour mobility


new communication technologies





Recruitment and selection

isa scrutinising process that involves a job analysis that creates two documents;the job description and the person specifications

How to make a job advertisement effectively? (TRAPS)

Truthful


relevant


accurate


positive


short

Testing in recruitment process

Psychometric tests


Aptitude tests


Intelligence test


Trade test

Internal recruitment

involves hiring people who already work for the business to fill a vacant post

Ad and Dis to internal recruitment



External recruitment

hiring someone from outside the organisation

Ad and Dis of external recruitment



4 types of training

on-the-job


of-the-job


cognitive


behavioural



On-the-job training

refersto training carried out whilst at the workplace

Ad and Dis of On-the-job training



Off-the-Job training

refers to training carried out off-site

Ad and Dis of Off-the-job training



Cognitive training"

is about training and developing mental skillsto improve work performance

Ad and Dis of cognitive training



Behavioural training

dealswith identifying functional issues that could improve performance in theworkplace by developing behavioural change

Types of behavioural training

Team building


Ethical business practice


Emotional intelligence


Motivation training


Conflict resolution


Stress management


Anger management


Leadership skills


Business etiquette

Apprasial

is the formal assessment of an employee'sperformance in fulfilling his/her job based on the tasks and responsibilitiesset out in their job description.

Main reasons of conducting an appraisal

Assess and record records employee's performance


Help reflect on their performance


Can praise staff for their good efforts


Identify any barriers hindering performance of employee


Identify appropriate training and development needs of appraise


Set new goals


Aid the development of company


Aid management

Ad and Dis of Appraisal

types of appraisal

formative


summative


360-degree feedback


self-appraisal

Dismissal

meansthe termination of a worker's employment due to incompetence or a breach ofcontract (fired or sacked)

Redundancies

occurs when a business can no longer afford toemploy the worker or when the job ceases to exist.

Outsourcing

refersto the practice of using external providers for certain non-core businessactivities

Offshoring

isan extension of outsourcing that involves relocating business activities andprocesses abroad

Re-shoring

isthe reversal of offshore outsourcing (the transfer of business operations backto the country of origin)