Human Resource Management

Question 1

Hr Management

Answer 1

This stems from the human relations school of thought. It is the policies, practices and systems that influence employee behavior, attitude and peformance.

Question 2

Causes of Growth of HRM

Answer 2

1. Government Legislation
2. Increase in Financial resources
3. Changing goals and objectives of businesses
4. Increasing number of trade unions
5. Increased competition between businesses for staff

Question 3

Benefits of HRM

Answer 3

1. Increased motivation which leads to productivity
2. Prevent absenteeism
3. Increases competitive nature of firm when workers are given high regard
4. Easier to anticipate changes that may occur in workforce requirements
5. Prevents industrial action

Question 4

Limitations of HRM

Answer 4

1. Constant monitoring required

Question 5

Functions of HRM

Answer 5

1. Workforce planning- Firm forecasts its demand for labour and comes up with a plan to meet such demands
2. Recruitment- defines desired characteristics of applicants for a job
3. Compensation- HRM of a firm develop a fair and complete remuneration package
4. Training and Development- process of increasing skill and knowledge of employees
5. Performance Management- measuring performance
6. Labour Management Relations

Question 6

Recruitment Plan Layout

Answer 6

1. Job analysis- what job entails( responsibilities, skills training etc.)
2. Job Evaluation- Assessment of worth of job
3. Job Description- Details of position
4. Job Specifics- Person profile who best fits the job is described
5. Job advertisement

Question 7

Internal vs External Recruiting