3.6.1 - Setting Human Resource Objectives Flashcards
What is human resource management?
The design, implementation and maintenance of strategies to manage people for optimum business performance.
What type of approach is human resource management?
A strategic approach
What are six key tools used in human resource management to help meet the strategic needs of the business?
- Workforce planning
- Recruitment & selection
- Training & development
- Rewarding and motivating staff
- Communication
- Roles and responsibilities (organisational structures)
What are the 6 human resource objectives?
- Employee engagement
- Talent development
- Training
- Diversity
- Alignment of employee and employer values
- Number, skills and location of employees
What are human resource objectives?
The quantifiable goals that a business’s HR department seeks to achieve.
What is employee involvement?
Where people in a business are able to have an impact on decisions and actions that affect their working lives.
What is employee engagement?
Describes the connection between a business’s employees and its mission, goals and objectives.
What is training?
The process of increasing the knowledge and skills of the workforce to enable them to perform their jobs effectively.
What is diversity?
The process of a business recognising the differences between individual employees and the differences between different groups of employees.
What is talent development?
The process of a business developing their current employees so that they can support the business’s future success.
What is alignment of employee and employer values?
Ensuring employees have similar values and beliefs to a business.
What might the objective talent development focus on?
- Investment in employees training
- Staff retention rates
- Percentage of job vacancies filled by internal candidates
What might the objective of training focus on?
- Spend in total and per employee on training
- Measures of training effectiveness
What might the objective diversity focus on?
- Diversity in senior management positions (gender, experience, ethnicity etc)
- Diversity in external recruitment (gender, ethnicity etc)
What might the objective alignment of values focus on?
- Recruitment & induction training