HR business notes Flashcards
Define HR
Human resources is the set of people who make up the workforce of an organization,
What are the processes of HR
- Acquisition
- Development
- Maintenince
- Seperation
Role of HR
-Strategic Role of HR
-Interdependence of key business fucnctions
- Outsourcing
- Human resource functions
- using global contractors - Domestic and global
Define outsourcing
Involves the business contracting individuals or companies from outside the business to perform certain business activities. Oftern used to source an employment agency
There can be both domestic and global outsourcing, which can both habe thier adv and dis, including the culture backround and the normal way of operations where there were externally sourced. e.g Business law in different companies
What is the Strategic Role of Human Resource
Human Resource managment is all about efficiently managing these resources to best meet the needs of the business. Aim is to Acquire, develop, maintain and seperate.
Key influences of HR
- Stake holders
- Legal
- Economic
-Technology
- Social
- Ethics and corporate social responsiblity
Regarding the influences of stake holders
- Employers
- Employees
- Employer association
- Union
- Government orginisttion
-Society
The Legal considerations of the influences of HR
The legal framework is all about the laws and regulations that deal with empoyment relations. These laws restrict a business decison making power by stating conditions
- The employment contract ( e.g minimum employment standards, minimum wage rates
- Work and Health and saftey compensation
- Antidiscrimination and equal employment oppurtunity
List the Strategies in HR
- Leadership roles
- Job design
- Recruitment
- Training and developing
- Performance managment
- Rewards
- Global
- Work place disputes
what are the alters in leadership
Autocratic
- Bureacratic
Democratic
- Liassez- faire
Strategies invloved with job design
- General
- Specific
Strategies involved with recruitment
- Internal
- External
-General
-Specific
Strategies involved with training and developing
- Current
- Future
Performance strategies
- Administrative approach ( the tick the box attitude, they do the bare minimum)
- The development (Embraces the oppurtunity to fine-tune the employees
Startegies involved with rewards
- Monetary ( cash)
- Non-Monetary (e.g company car)
- Individual
- Group
- Perfomrance pay
