Unit 6: HR Flashcards
What is human resource management
The design, implementation and maintenance of strategies to manage ppl for optimum business performance
Give 5 functions of human resource management
- training and development
- fringe benefits
- wage and salary systems
- consultations
- collective bargaining
- appraisal
- employee legislation
- recruitment and selection
Give 4 HR objectives
- employee engagement and involvement
- talent development
- training
- diversity
- number, skills and locations of employees
- maintaining good employer-employee relations
- alignment of values
- maximising labour productivity and minimising labour costs
- ensuring HR is employed cost effectively
Give 3 benefits of setting HR objectives
If obj are SMART, decisions by different staff will all be consistent
Give 2 values of effective HR objectives
- HR is linked with customer service and quality (2 key components of competitiveness)
- helps create an effective working environment
- connects HR activities and decision making with overall business obj
What are 3 problems with setting HR objectives
- external changes not always easy to predict so objectives may be based on incorrect assumptions
- obj may conflict
- if objectives are imposed rather than agreed, employees may not put in effort
- if obj too ambitious then HR objectives will lose their value
- business may not have sufficient resources / large enough budget
Name 4 internal influences on HR objectives
- overall business aims
- available finances/ resources
- corporate culture
- e-e relations
- organisational structure
- whether businesses use hard or soft HRM approach
Give 2 examples of external influences on HR objectives
P - EU legislation on areas such as max working time
E - recession 2009/10 placed pressure on HR department to reduce staffing costs
S - increased emphasis on work-life balance = more flexible working
T - must ensure relevant staff trained with IT
Market factors e.g. loss of market share to competitors
What is the aim of the hard HRM strategy
Utilise employees as efficiently as possible by directing them and simply treating them as a resource
What style of management are businesses that use hard HRM stataegy likely to use
Autocratic/authoritarian
There is a lot of communication from top down with the hard HRM strategy
TRUE or FALSE
FALSE
What is the pay likely to be like with the hard HRM strategy
Enough to recruit and retain workers e.g. minimum wage
Would a business that uses the hard HRM strategy have a centralised or decentralised organisational structure
Centralised
How do managers that use hard HRM strategy believe employees should be treated
They need to be monitored, used efficiently and have their costs controlled
What is an advantage of the hard HRM strategy
It might result in a more cost effective workforce where decision making is quicker
What is a disadvantage of the hard HRM strategy
- may suffer from high absenteeism and staff turnover
- may have less successful recruitment
What 4 things does the soft HRM focus on
- motivational issues
- organisational structure
- leadership approaches
- industrial relations
Businesses that use the soft HRM approach treat employees as the most important resource and a source of competitive advantage
TRUE or FALSE
TRUE
What style of management are businesses that use soft HRM stataegy likely to use
Democratic
Businesses that use the soft HRM approach are unlikely to be in favour of delegation and decentralisation
TRUE or FALSE
FALSE
Give 2 features of the soft HRM approach
- strong 2 way communication
- competitive pay structure
- suitable performance related rewards
- likely to encourage high levels of employee participation
What is a problem with the soft HRM approach
Being ‘too soft’ may lead to competitive disadvantage because workforce costs are too high due to employee benefits
What’s an advantage of the soft HRM strategy
Motivates staff
Whether a business chooses hard or soft HRM depends on what 3 things?
- Their history and cultures
- Attitudes of managers
- Skills and attitudes of staff