U4 Ch.13 HR Management Flashcards
Functions of a HR manager
- HR Planning
- Recruitment + Selection
- Training + Development
- Rewarding
- Performance Appraisal
- Managing Industrial Relations
- HR Planning
Having right people with right skills at right time throughout the business. Involves human resource audit of present staff, forecasting future HR needs(expansion+turnover) and then making a plan to either increase/decrease staff levels
- Recruitment and Selection
finding and attracting best potential candidates with appropriate skills and then picking most suitable for employment. Must draw up job description + person specification and then advertise the position. Applicants must be screened and then selected usually by interview process.
Recruitment and Selection Process
A. Job Description (duties + responsibilities)
B. Person Specification (ideal candidate)
C. Job Advertisement
D. Screening Candidates (shortlist made of suitables)
E. Selection Tests (intelligence/peronsality. not in all businesses)
F. Interview (One-to-one / panel)
G. Reference Check
H. Job Offer
Probationary Period
Trial period during which employer and employee can decide whether they are a suitable fit for each other.
Interview
Formal Meeting between applicant and representative(s) of a company
Equal Opportunities Employer
Employer that respects the Employment Equality Acts 1998-2015 when recruiting, selecting, promoting and training employees.
Recruitment vs selection
- Recruitment involves attracting suitable candidates with relevant skills and qualifications to apply for a job. Includes job description, person specification and advertising
- Selection is the process of deciding which applicant is most suitable. Involves screening, selection tests, interviews, making job offers and formulating contracts.
- Training and Development
Training aims to improve employees’ ability to perform their job in an effective manner. Leads to better knowledge and skills among employees. Leads to better customer service and experience. Induction training helps employees fit into workplace and learn about their job. Other types include internal/external training. Development prepares employees for new responsibilities and greater challenges in the workplace and aids self actualisation.
Internal Training
On-the-job training. In workplace.
1. Work-shadowing (observing experienced staff)
2. Demonstration (showing how to carry out role)
3. Job Rotation (doing different jobs around firm)
External Training
Off-the-job training. Outside Workplace
1. Workshops
2. Lectures
3. Demonstrations
4. Courses
- Rewarding
Offering monetary and non-monetary rewards for work well done. Leads to motivated workforce. Can include wages, salaries, bonuses, benefits-in-kind, share options, pensions plans, promotions, extra holidays, etc. HR manager negotiates each employee’s remuneration and keeps it under review. Non-/monetary rewards satisfy wide-rainging needs in workforce
Employee Profit-sharing
Percentage of firm’s annual profits are shared among employees
ESPP
Employee Share Purchase Plan. Employees can buy shares in business often at a discounted price
Time Rate vs. Piece Rate
Time Rate is when employees recieved a fixed amount per hour of work
Piece Rate is when employees are paid per item produced or job completed