HRM Flashcards
Human in HRM
Employment relationship between employer and employee
Resource in HRM
Human capital
Employers as resources to achieve organisational succes through knowledge, skills and competencies
Management in HRM
Activities to let employees act in a desired way in order to achieve organisational success
Strategic HRM
Pattern of planned HR deployment and activities
To achieve organisational goals
HRM
Contributes to organizational succes
Employees represent human capital
Shared responsibility
HRM focusses on
HR instruments (recruitment, selection, training)
Work design like autonomy, teamwork, job enlargement
Developments in HRM
Managing talent, work-life balance and change and cultural transformation
Becoming a learning organization
Improving leadership development
Hard HRM
Focus on identifying workforce needs
Focus on managing your resources (human) to add economic value
Examples Hard HRM
Regular change in employee numbers
Little business transparency
Lower wages
Little to no empowerment of employees
Systems that focus on good and bad performance
Soft HRM
Focus on the needs of your staff
Including rewards and motivation
Your staff is your most important resource, treat them as individuals
Examples soft HRM
Focus on long-term planning
Open, transparent business model with good communication
Competitive pay relying on salary benchmarking and bonus packages
Employee empowerment
Systems that identify training opportunities and professional development