Unit 2.1 Flashcards
Human resource management (HRM)
The strategic approach to the effective management of an organisation’s workers so that they help the business achieve its objectives and gain a competitive advantage
Human resource or workforce planning
Analyzing and forecasting the numbers of workers and the skills of those workers that will be required by the organisation to achieve its objectives
Human resource or workforce plan
Numbers of workers and skills of those workers required over a future time period
Workforce audit
A check on the skills and qualifications of all existing employees
Labour turnover
Measures the rate at which employees are leaving an organisation it is measured by: Number of employees leavening in 1 year / average number of people employed * 100
Occupational mobility of labour
extent to which workers are willing and able to move to different jobs requiring different skills
Geographical mobility of labour
Extent to which workers are willing and able to move geographical region to take up new jobs
Recruitment
The process of identifying the need for a new employee, defining the job to be filled and the type of person needed to fill it, attracting suitable candidates for the job and selecting the best one
Job description
A detailed list of the key points about the job to be filled, stating all the key tasks and responsibilities of it
Person specification
A detailed list of the qualities, skills and qualifications that a successful applicant will need to have
Training
Work related education to increase workforce skills and efficiency
On-the-job training
Instruction at the place of work on how a job should be carried out
Induction training
Introductory training programme to familiarise new recruits with the systems used in the business and the layout of the business site; this form of training is usually on-the-job
Off-the-job training
All training undertake away from the business, e.g. work-related college courses
Cognitive training
Exercises designed to improve a person’s ability to understand and learn information