12 Bus- Ch4 The Human Resource Managemnet Function Flashcards
Human resource manager
Coordinates all the activities involved in acquiring, developing, maintaining and terminating employees of an organisation.
Human resource management
The effective management of the formal relationship between the employer and employees
Human resources
The people part of an organisation
Why are human resources important?
Because they can deliver a competitive advantage to the organisation through the manner in which they produce goods and services
What is a key component of the human resource function?
Ensuring that expectations of employees are met to promote motivation and maximise performance in the workplace
What is the relationship between human resources and organisational objectives?
Human resource strategies can be used to achieve organisational objectives.
Eg. Company wants to increase sales> HR wants to develop sales skills so then they train employees
Employee expectations
The conditions that employees anticipate to be provided by their employer during their employment
Employer of choice
An organisation that meets all of their employees’ demands and is able to attract, motivate and retain their skilled workers
Industrial democracy/ empowerment
Allowing employees to have an influence in the decisions affecting their organisation
Workplace diversity
The differences between employees in an organisation including:
Race Gender Age Education Disability
What are some benefits of managing a diverse workplace?
- Wider range of skills, talents and experiences.
- Better understanding of marketplace demographics.
- More capable to operate in a global market.
- Improved creativity, problem solving and innovation.
- Higher employee satisfaction and retention rates
Flexible working conditions
Patterns of work that allow employees to balance work and family responsibilities
Work-life balance
Achieving the right amount of time for work and for personal life
Conditions of employment
What an employer has agreed to give the employee in return for their work
What are some basic conditions of employment?
- Number of hours
- leave entitlements
- public holidays
- redundancy pay
What are some forms of flexible working conditions?
- flexible start and finish times and work days
- extension of ordinary hours
- flexitime
- maxi flex
- job sharing
- work from home