M3-topic 1: role of human resources management Flashcards
what is human resource management
the approach taken by management to the staff of a business
why are staff important to a business
contribute to the achievements of the objectives and goals of the business
what does human resource management do
help to better support the needs of employees while at the same time promoting the goals of the business
what is the strategic role of human resources
promotes employer employee relations
what does operations do for H.R.
recruit staff with relevant skills and experience necessary to produce the product
what does H.R. do for operations
H.R. will monitor the performance of employees involved in the production of goods and services
what does marketing do for H.R.
determine the skills required for employees to produce the desired product. (business image attracts potential new recruits
what does H.R. do for marketing
keep employees motivated and skilled to develop products within the business that cater to the needs and wants of potential customers
what does finance do for H.R.
budgets are established to allocate funds towards training and development
what does H.R. do for finance
H.R. works with the budget given to adequately provide the needs of the employees, allowing them to work at the best of their abilities.
what is outsourcing
the use of third party specialists to complete certain jobs within the business
why would someone out source staff instead of hiring (3))
reduces labour costs
allows owners to focus on core activities
avoid legal issues surrounding H.R. practices
what organisation structure are modern businesses using
a shamrock structure ( three leaved clover structure)
what are the three types of staff on the shamrock structure
core staff
temporary/casual staff
outsourced/sub contracted
list some common uses for outsourcing (4)
recruitment
training
meditation
payroll