hr Flashcards
Workforce Planning
Compares current workforce capacity with future needs. Determines whether to hire
or reduce staff, ensuring optimal staffing levels.
Recruitment (Talent Acquisition)
Attracting candidates using strategies like
employer branding.
. Selection
Evaluating candidate competencies using job descriptions/specifications
and aligning candidates to company values.
Onboarding and Socialization
Helps new employees integrate into the organization
Employee Motivation and Retention
Financial incentives (salary, bonuses) and non-financial incentives
(flexible work, inclusive culture) are essential to boost employee performance. Retention Rate refers to
the percentage of employees who remain with a company over a specific period, typically measured
annually or over a set timeframe. It’s a key metric for assessing employee satisfaction, engagement, and
the overall effectiveness of retention strategies.
Training and Development
Prepares employees for future tasks and challenges. Linked to career
planning and talent management, aligning individual goals with organizational objectives.
Performance Appraisal
Evaluates how well employees meet job requirements. Insights from appraisals
guide: Training needs, Remuneration changes. Downsizing decisions.
Job Evaluation
Assesses the relative value of jobs based on task complexity, responsibilities, and required
skills. Directly linked to remuneration systems.
HR Controlling
Monitors HR efficiency using performance indicators, feedback, and analysis.
Administrative HR Tasks
Payroll management, employment contracts, attendance records, and
compliance with labour laws.
Connections Between HRM Areas
Job Analysis → Recruitment & Selection
Job specifications help identify suitable candidates.
Connections Between HRM Areas
Workforce Planning → Recruitment/Downsizing
Planning ensures the organization maintains balanced
staffing levels.
Connections Between HRM Areas
Performance Appraisal → Training & Compensation
Appraisals guide development plans and pay
structures.
Connections Between HRM Areas
HR Controlling → All Areas:
Provides data to improve HR efficiency and decision-making.