Unit 6 Flashcards
Human resource objectives
-Employee engagement and motivation
-Training
-Diversity
- Alignment of values
-Numbers, skills and location of employees
External influences of HR objectives
- Economy: E.g. if the economy is growing then they maybe a greater requirement for labour.
-Political factors: How legislation will affect the way HR can operate
-Technology: Intro of tech has now required new skills needed. Illustrates the changing nature of work.
-Competitive advantage: Change in market is likely to affect demand for a product or service.
Internal influences of HR objectives
-Corporate objectives: HR must be aligned with the cooperate objectives. HR can prepare the right training towards it.
-Type of product or service: A business must make sure the skills of the workforce are right for the business.
Labour turnover formula
Number of people leaving in a year/average number of staff X 100
Timescale of a Hard HR approach
Operates in the short term only.
Employees are fired and hired necessary.
Key features of Hard HR
- Pay is kept at a minimum
- Communication is mainly downwards from a hierarchy
-Little or no empowerment
The suitable leadership style for Hard HR approach
Will be an autocratic type of approach
Motivational techniques used for soft HR approach
- Prinicpally financial e.g. delegation
Timescale of an Soft HR approach
-Employees are developed over time.
-Done to help fulfil their cooperate objectives.
Key features of a Soft HR approach
- Employees are empowered and inclined to take decisions
- Employees are consistently consulted by managers
-A long-term relationship is developed with employees through internal recruitment
Leadership style of a Soft HR approach
Adopted by a democratic style of leadership
Motivational techniques of a Soft HR approach
-Intended to give employees more control over their working lives
Labour retention
Number of employees with one or more year of service/ overall workforce numbers X 100
Reasons why a business may have employees leaving
-Low wages leading to employees defect to competitors
-Poor morale and motivation
- Local labour market offering better opportunities
The five features of the Hackman Oldham Job design model
-Skill variety
- Task variety
- Task significance
- Autonomy
- Feedback