HRM Basics Flashcards
what is HRM?
Human Resource Management is the area of a business that is responsible for managing the relationship between the employees and the business.
what is the aim of HRM?
to have the best employees, in the right roles, performing at a high level.
what are employees?
the employees are the ones that carry out daily tasks which leads to the business achieving objectives.
what are some tasks that HRM is involved in? (4)
- creating job descriptions
- recruiting new employees
- managing selection processes
- organising employee contracts
- inducting employees
- training employees
- managing the performance of employees
- managing workplace disputes
what are the types of termination?
redundancies
retirements
resignations
dismissals
who is responsible for HRM?
the size of the business may determine who is responsible for managing the human resources.
- larger businesses may have an entire team
- smaller businesses may just have the owner
what is motivation?
motivation is the drive a person has to exert effort towards the achievement of something
why is having motivated employees important?
having employees who are motivated can improve the ability of the business to achieve its objectives
what can motivated employees lead to?
- improved productivity
- more engagement
- greater commitment
- new ideas and innovations
- higher customer satisfaction
- positive corporate culture
