Chapter 9 HRM Flashcards
What is HRM
Involves managing the employees In a business
Itβs main purpose is to ensure that the business finds keeps and makes the best possible use of its employees
What is manpower panning
Involves the HR manager making sure the business has the people with the right skills in the right place at the right time
It Involves forecasting future staff needs and the recruiting or making redundancies to ensure the business has exactly the right number of skilled workers
What are the three steps involved in manpower planning
Step 1: forecast future demand: estimate how many employees and what skills are needed in the future
Step 2: calculate existing supply: conduct an audit of the existing employees
Step 3: if demand is greater than supply then the need is to recruit suitable new employee
If supply is greater than demand then redundancies may be necessary
What are the benefits of manpower planning
It avoids the problem of the business being understaffed. Too few workers might result in products/services being behind schedule unhappy customers and lost sales
It also avoids the problem of being overstuffed. Being overstaffed results in higher wage bills and will result in redundancies and higher costs
What is recruitment and selection
Recruitment: means funding a suitable candidate for a job vacancy and persuading them to apply. There are two methods of recruitment it can be internal or external
Selection: means choosing the best applicant for the vacancy from all those who applied. The manager will review and shortlist the applicants the the HR manager can use a variety of tests such as interviews and test to choose the best candidates
What is external recruitment its sources and 3 advantages
It means finding someone from outside the business the apply for the job
Sources: advertise the vacancy in the media
Use a recruitment agency, advertise online through job Ireland
Advantages: brings a fresh perspective and new ideas
Increases the chances of finding an excellent candidate
Less jealously/resentment from existing staff
What is internal recruitment its sources and 3 advantages
Means finding someone from inside the business to apply for the job
Sources: promotion demotion and transfer
Advantages: existing employees know the business
Knows the employees work
Motivates existing employees to work harder for promotions
Whatβs the curriculum vitae
A document providing the following information Name Address Contact details Education details Work experience details Interest and hobbies Details of reference Signature and date
Whatβs an application form
A pre-printed document to be completed by the candidates providing information regarding educational details work experience and interest and hobbies
Allows specific questions to be asked
Whatβs a cover letter
Itβs a letter in which the candidates introduce themselves states which job is being applied for and outlines a brief summary of why they are applying and the qualities and they can bring to the position
What is screening
The HR manager will now examine all the applicants received and will reject those who do not meet the minimum requirements
The remaining applicants are shortlisted for the next stage of the selection process
What are the two benefits of recruitment
A job description and a person specification prepare in advance helps the business to identify and recruit the ideal candidate
Good recruitment saves the business moment eg discourages unsuitable applicants use of online recruitment methods
What are the two benefits of selection
Choosing the right candidate who fits the business will reduce the risk of future industrial action
Choosing the best possible person will mean that the job will be done well which will result in happy customers and increased sales and profits
What is training and what are the different types of training
this is where the employee is taught or shown the knowledge, skills and attitude needed to perform the job properly.
There are a number of different types of training:
β’ Induction Training β this introduces new employees to the workplace and familiarises them with the procedures and information they will need.
β’ On-the-job Training β the employee learns through practical experience while at work, e.g. job rotation.
β’ Off-the-job Training β the employee learns by attending courses away from the workplace.
What is development and list three benefits
This provides the employee with the skills and knowledge that will allow them to grow and improve their work abilities, and become more confident and successful in any job.
Benefits of Training and Development:
β’ It teaches the workers the skills needed to do a good job and provide an excellent product/service.
β’ Provides workers with a skill set that makes them more flexible and able to cope with any changes.
β’ Employees will require less supervision, thereby freeing the manager for other duties.