2.1 human resource management

Question 1

Define human resource management

Answer 1

The process of making the most effective use of an organisation’s employees

Question 2

Name 7 things HRM includes

Answer 2

I. Workforce planning
2. Recruitment, selection, and induction of new employees
3. Training and developing staff
4. Performance management and staff appraisal
5. Reviewing pay and remuneration packages
6. Disciplinary and grievance procedures
7. Looking after the welfare of employees

Question 3

Name 3 important aspects of HRM

Answer 3

1. Employing the right people will enable a firm to achieve their aims and objectives
2. Human resource planning ( or workforce planning) is the management process of anticipating and meeting an organization’s current and future staffing needs
3. Short term vs long term

Question 4

Define demographic change ( + 2 examples)

Answer 4

Changes in the employment landscape
Examples:
1. Retirement age
2. Parental leave