1.4- Managing People Flashcards
What is human resource management responsible for?
Hiring, training and firing people.
What are hard HRM?
Treats employees as a cost of the business.
What are soft HRM?
Treats employees as the most important assets in the business.
What are characteristics of Hard HRM?
- Low wage
- Zero hour contracts
- Lack of job security
- Little investment in training
- Little additional benefits
- Imposing penalties on employees
What are characteristics of soft HRM?
- Competitive pay structure and benefits with suitable performance related rewards.
- Effective recruitment processes.
- Investment in training and development programs.
- Permanent contracts providing job security.
- Use of non financial motivators.
- Effective tow way communication.
- Employees given responsibility for their work.
What are the advantages of Hard HRM?
- Easy to adapt the size of the workforce in response to changing business needs.
- Can result in lower costs, especially in the short run.
- Enables managers tight control over employees.
What are the advantages of soft HRM?
- More skilled, adaptable employees.
- Higher levels of staff retention, will reduce recruitment and training costs in the long run.
- Reputation for being a good employee, easier to attract good people.
- A more motivated workforce.
What is he definition of recruitment?
The process of finding people to work for a company or become a new member of an organisation.
What is stage 1 of the recruitment process?
Identify the vacancy.
What is stage 2 of the recruitment process?
Write a job description.
What is stage 3 of the recruitment process?
Write a person specification.
What is stage 4 of the recruitment process?
Advertise the vacancy.
What is stage 5 of the recruitment process?
Candidates apply.
What is stage 6 of the recruitment process?
Candidates are shortlisted.
What is stage 7 of the recruitment process?
Shortlisted candidates are interviewed.
