HR Flashcards
HR objectives
Matching workforce to business needs
Helping employees reach full potential
Supporting employee/employer relations
Hard HRM
employees are seen as a resource
short term basis
training is only done to meet production needs
ADV of hard HRM
helps manager keep control of workforce,
leading to mistakes being minimised
and easy to replace staff
Cons of Hard HRM
don’t use employees to full potential so could be missing out on chances to increase profits
Boring repetitive jobs can make employees feel unwanted
Soft HRM
Employees are seen as the most important resource
Long term basis
training is done to meet development needs
ADV of Soft HRM
staff morale better as employees feel valued
- easier to retain staff
benefit from skills and experience of its staff
productivity increase whilst turnover decreases
Benefits of high staff turnover
Constant stream of new ideas-innovative
recruit staff who have been trained by competitors
If sales fall, firm can reduce workforce through natural wastage rather than cost redundancy
Cons of high staff turnover
lack of loyal staff
Recruitment costs are high
Productivity drops whilst new staff are being trained
Tall structure
Lots of levels
Long chains of command so decisions take a lot of time to be make - lots of paperwork
Narrow spans of control allowing managers to manage employees closely
Flat structures
Not man levels
Short chains of command
wide spans of control so managers sometimes get overwhelmed
Delayering
removing parts of hierarchy
creates flatter structure with wider spans of control
Leads to lower costs as cutting middle management jobs saves money and gives junior employees advanced roles
Delegation
giving responsibility to people below you
- makes employees feel valued
Functional structure
organized by department
each department has its own culture so there needs to be strong communication
product based structure
allows different divisions to have different objectives but may be an unnecessary duplication of roles
Regional structure
allows for different market requirements eg Samsung has headquarters in Korea and Uk
Matrix structures
organised by projects and functions
ensures staff are pursuing clearly defined objectives and encourages departments such as finance and HR to build relationhsips with eachother
although it can lead to conflict
Centralised structures
all decisions are made by senior managers at the top of the business
ADV of centralised structures
business leaders have a lot of experience of making business decisions
Senior managers arent biased towards one department
Decisions can be made quickly
DISADV of centralised structures
Excluding employees from decision making can be demotivating
Decentralised structures
Shares authority to more junior employees eg multinational firms decentralise decision making to regional managers
ADV of decentralisation
Motivates employees as they use expert knowledge of their sector
Day-to-day decisions can be made quickly without consulting senior managers
DISADV of decentralisation
Junior employees may not have enough experience to make decisions and may not be able to see overrall situation of the business.
ADV of internal recruitment
motivates employees to go for promotion
Short and cheap process ad candidates already know the business
DISADV of internal recruitment
Leaves a vacancy in another department
Can cause resentment amongst employees who aren’t selected