3.6 Human Resource Objectives Flashcards
What is the purpose of HRM
To ensure a business achieves the maximum benefit from employees at minimum cost
What are 3 HR department objectives
- Matching the workforce to business needs
- Helping employees reach their full potential
- Supporting employee/employer relations
How may a business use HR to match the workforce to business needs?
- Anticipate the size of a workforce (company expanding may require more workforce)
- Decide skill level of workforce and whether they need more training
- Workforce needs to be diverse and no discrimination on race, age and gender
How may HR objectives help employees reach their full potential
- HR invest in training so they can improve productivity
- HR makes sure there are opportunities for career progression - more engaged staff leads to greater motivation and therefore improved productivity
- effective management, good staff organisation and pleasant working environment improves morale
How may HR objectives help support employee/employer relations
- HR listens and reacts to employee concerns which helps lead to better communication
- Employees witch responsibility feel more valued and trusted
- good relationship with employees and management reduces absenteeism and labour turnover
What is the definition of Human resource management
“The design, implementation and maintenance of strategies to manage people for optimum business performance”
Internal influences on HR
- The culture within the business influences HR objectives e.g Fast food restaurants may not worry about high labour turnover and therefore wont spend Time and money to reduce it
- Other departments within the business influence HR as they give information they need to predict workforce needs
- Amount of funding available within the business
External factors influencing HR objectives
- state of economy (boom/recession) will influence HR objectives such as recruitment and training
- UK businesses subject to employment laws (HR may change objectives to fit with new legislations)
- Improvements in technology may mean HR recruit individuals who can use certain software or machines
Characteristics of hard HRM
- Employees seen as a resource
- Employees hired on short term basis
- Mangers feel employees are motivated by money and will do as little work as possible
- Appraisals are judgemental
- Training only done to meet production needs
Characteristics of soft HRM
- Employees are most important resource
- Employees are managed on a long term basis
- Mangers motivate through empowerment and development
- Appraisals are developmental
- Training is done to meet development needs
Benefits of hard HRM
- Mangers control workforce so less likely to make mistakes. Employees only seen as a resource and therefore easy to replace
Disadvantages of Hard HRM
- Employees not used to their full potential and therefore could be missing out on chances to increases profits
- Hard HRM can be de motivational / boring repetitive jobs makes employees feel undervalued which could lead to high staff turnover
Benefits of soft HRM
- Likely to increase staff morale as employees feel more valued allowing retaining of staff to be made a lot easier
- Benefitting from the skills and experience of staff and therefore allowing a business to maximise profit
- Encourages commitment and good performance from staff as employees feel loyalty towards the organisation
Why is Soft HRM not appropriate a times
- Employees may not be interested in development or empowerment ( Soft HRM involves costs and business needs to be as cost effective as possible)
- Extra training is time consuming
- Employees may want to leave for a better job after completing all training