People in Business Flashcards
Human resource management
the management function of developing and developing people within an organization to meet its business objectives.
5 roles & responsibilities of HR
- Recruitment
- Relationships
- Payroll
- Policy
- Health
Recruitment process
1) vacancy arises → 2) job analysis → 3) job description → 4) job specification → 5) job advertised in appropriate media → 6) application forms and shortlisting → 7) interviews and selection → 8) vacancy filled
Job analysis
identifies and records the responsibilities and tasks relating to the job
Job description
outlines the responsibilities and duties to be carried out by someone employed to do a specific job
Job specification
a document which outlines the requirements, qualifications, expertise, and more for a specific job
Internal recruitment
when a vacancy/job is filed by someone who is an existing employee of the business
External recruitment
what a vacancy/job is filled by someone who does not already work for the business
Advantages of internal recruitment
saves time, reduces cost, raises employee morale, ect.
Disadvantages of internal recruitment
of candidates in the pool is less, skill gaps (limited skill sets), less knowledge, ect.
Advantages of external recruitment
unlimited number of talent within the pool, new ideas and knowledge
Disadvantages of external recruitment
takes a longer amount of time to find, less understanding of the company and system
Curriculum Vitae (CV)
a summary of a person’s qualifications, experience, and qualities - written in standard format
Internal methods of recruitment
notice board in company
External methods of recruitment
local newspapers, national newspapers, specialist magazines, online recruitment sites, recruitment agencies, government job agencies
Notice board - purpose
suitable for employees in a large business (less ideal for senior positions)
Local newspapers - purpose
jobs that do not require a high skill level
National newspapers - purpose
more senior positions (high skill level and qualifications are needed)
Specialist magazines - purpose
More qualified people who have a specific skill set/requirements
Online recruitment sites - purpose
More qualified people - jobs that don’t require a high skill level
Recruitment agencies
jobs that do not require a high skill level, specialist jobs, and qualified jobs
Government job centers
unskilled or semi-skilled jobs
Formula of 10 mark question
Intro: introduce context, relate it to key concepts, state the question/problem
Body 1: A1/B1, A1/A2, B1/B2, A2/B2
Body 2: A2/B2, B1/B2, A1/A2, A1/B1
Conclusion: state which one outweighs the other
Types of Recruitment
Interviews, testing, references, applications (sometimes)
Herzberg’s Two Factor Theory
identifies factors that contribute to job satisfaction (motivational factors) and those that lead to dissatisfaction (hygiene factors).
Benefits of Herzberg’s Theory
creating a motivating work environment that reduces dissatisfaction