Objectives Flashcards
7 HR objectives
labour productivity
Recruitment
Employee engagement
Training
Talent development
Diversity
Alignment of values
Labour productivity is?
maximising output from staff
Alignment of values is?
ensuring staffs embrace the Businesses values
Talent development is?
ensuring talent/skills is developed, given the opportunity to develop
Employee engagement is?
involving staff so they feel valued, motivated
what is Soft HRM?
employees are important resources and are a competitive advantage.
Features of Soft HRM
Manager will focus on the staffs needs.
Two-way communication
Empower staff - leadership/responsibility opportunities
Appraisal system
Pros + Cons of Soft HRM
Rewards employee performance = motivated
High cost of the workforce = competitive disadvantage
What is Hard HRM
Employees are a resource to fulfil a role
Features of Hard HRM
identifies needs of business (hiring/firing)
Short-term workforce
Top-down communication
Minimum wage
No empowerment/delegation
Pros + Cons of Hard HRM
Cost-effective
Quick decision making
Power in senior managers
High turnover
Less successful recruitment
Absenteeism