Business Unit 2.1 Organized Flashcards
Human resource management (HRM)
HRM is the managemnt functions of using and delvoping people within a business to meets its organizations obketives
Human resource planning
The managment of anticpting and meeting an organizations current and future staffing needs . Workface planning can be short or long term
Labor turnover
Measures the percetnage of employees leavint the organization in a given time period
Formula:
Labor turnover: Number of employees leaving / Total number of employees
Labor turnover
Measures the percetnage of employees leavint the organization in a given time period
Formula:
Labor turnover: Number of employees leaving / Total number of employees
Training (Adv and Dis) (types)
Training is the process of providing opportunities for workers to acquire employment related skills and knowledge
Types: On the job, off the job, behavioural, cognitive
Adv: A better skilled and more flexible workforce leds to organizations targets being met
Higher morale as workers progress within an organization
On the job training:
Refers to training carried out whilst at the workplace. Example it can be delivered by supervriors (so they are delivering the training at the workplace).
Off the job training :
Refers to training carried off site
Cogntiive training:
is about training and delvoping mental skills to improve work performance
Behavioral training:
Deals with identifying functional issues that could improve perfromce in th rework place
Appraisal & Dismissal
An appraisal is th eofmral assessment of an employees perofrmnce in fulfilling his/her job based on the tasks and responbilites set out in their job dedpsition
Dismissal refers tot the termination of a workers employment