Unit 6. Human resources Flashcards
What are the values of HR obj
1.able to motivate workers by setting target
2.provide clear guideline
3; good HR- good reputation -brand image
From having high expectation of its employees
Types of HR objective
1: labour productivity
2: # and location of the biz workforce
3: employee engagement and involvement
4: Training
5: Talent development
6: Diversity
7: alignment of values
Factors that effect employee cost in relation to revenue
1: wage rate
Rising wages without a corresponding revenue will worsen the value.
2: productivity rates of the workforce
Higher productivity can lead to increased sales without increasing the in put of the labour.
3: non wage employment cost
Offering generous pension scheme or similar benefits could drive up the labour cost without necessary increasing the revenue
4: The management of capacity
If biz doesn’t utilize its HR efficiently they may be paying for employees who are not necessary creating sales.
Formula for absenteeism
of days staff absent /total days workers could work x 100
%
What is empowerment
Involves redisgning employees job to allow them greater control over their working lives
Making work more interesting as it offers opportunities to meet a number of individuals needs
What is org design and
what are the key factors of it
the framework that provides a biz with a structure to achive its objectives
-levels of hierarchy
-spans of control
-delegation
-authority
-centralization and decentralization
What is org structure
Way biz is arranged to carry out its activities
What is levels/layers of hierarchy
Refer to the number of layers of authority within and org
What is span of control
Number of subordinates directly responsible to the manager
What is delegation and pros and cons
passing down of authority through the org
Pros:
-can speed up and improve the quasi of DM e.g. DM made by employees who are close to consumers and have a better understanding of their needs and they do not have to refer decisions to managers.
-can reduce the workloads of senior managers allowing them to focus on key tasks and to improve the skill of junior employees and prepares them for more senior roles in org-higher skill for junior managers potentially-higher efficiency.
Cons:
-the cost of training. May require a biz to spend heavily on training employees to ensure they have the necessary skills.
-may be inappropriate in some org where leadership styles are authoritarian and managers may be unwilling to pass control to junior managers
-not a suitable strategy to adopt to manage a crisis. ( give ex) such situations would require rapid decisions by experienced senior management.
-
What is centralized
where the majority of decision are taken by senior management
What is decentralization
where they gives greater authority to employees lower down the org structure.
What are the internal influences on delegation centralization and decentralization
- Leadership and management:
if laissez faire or democratic-more delegation - Biz overall or corporate obj:
if wanting to supply high quality-may be decentralised and delegate as more opinion-more potential new products. - Skill of workforce
if high skilled-decentralised.
External influences on delegation centralization, decentralization
Technological:
tech-effective decentralisation
competitive:
-high competitive-flexible and adaptable to meet consumers demand fully-decentralised
Economic:
if on the boom:hard for managers to control firms from the centre-more decisions-may be decentralised
Benefits of changing job and organizational deign
Pros;
1.improve their competitiveness
2. Improve performance of worker
more productivity-lower unit labour cost
3.makes job entertainig-builds up employer brand-high skilled worker joining
What is HR flow
Is movement of employees through an org starting w recruitment
Human resource flow
Recruitment-training- redeployment and redundancy
Cost of recruitment
-fees paid to recruitment consultancy
-placing advertisement in newspaper or journals
What are the two types of training
On the job
Off the Job
Pros of On the job
pros:
1. Can be tailored to the needs of the biz such as using the specific machinery that biz uses
2.easy to organize and can be completed at short notice
What is on the job training
Cheaper training option such as training existing employees to use equipment
What is off the ob training
More expensive but can be more effective in.e trading away from workplace
Cons of on the job trainng
Unlikely to bring new skills
Employee proving the training may be ineffective
Pros and cons of off the training
Pros:
1. Can bring new ideas into a biz
2. Employees may feel more valued and motivated
Because expensive
Cons:
1.it can be expensive
2. Lost productivity while the trainee is away from their role
Def of redeployment
the moving of an employee from one job or role to another
Def of reduduncy
Biz dismiss an employee cuz the biz no longer needs anyone to do their job
Why biz avoids redundnacies
-negative publicity
-biz may lose skilled workers
-negatively affects motivation of employees left behind
Def of dismissal
when an employees contract is terminated due to a breach of the terms of that contract by employee
What is employee engagement
when an employees are positively present during performance at work willingly contributing interllectual effot experiencingg positive emotions and meaningful connections to others.
How to improve labour productivity
invest in employee training
Measure performance and set targets
Apply different type of mix of resources
Problem caused when there is an increase labour productivity
Trade off between quality
May demand higher wages for their improved productivity
What are the issues of high staff turnover
But what it depends on?
High recruitment cost on biz, and also on training-high cost for business.
Increased pressure on remaining staff and feeling unsettles as working groups are disrupted.
Depends on the type of the biz:
company that operate employing in skilled part-time employees on a season basis and pay low wage rate
May be expected to have high labour turnover as paying low wages and offering short term contracts.
Not impacting the business heavily as it doesn’t require significant training cost.
How to improve staff turnover
reward staff loyalty
Effective recruitment and training
Consequence of good motivation
1: increase productivity
-increase output-increase quality- low unit cost -competitive advantage
2: increase staff retention
They stay longer- increase skill and experience
Pros and cons of delayering
Improve communication
Reduce cost as less employee required
May feel motivated for existing workers
Cons
1.may increase work load and stress workers
Depends on skill/experience of workers
4 motivational theories
Taylor
Herzberg
Moscow
Mayo
Taylor
-where managers should maintain close supervision
Motivate workers by pay
Autocratic
What are the financial method
- Piece rate: paid according to the # of output they make
- Wages
- Salary
- Bonus
- Commison
Moslow
Separated in five layers
1.self actualisation
2. Self esteem
3.Social
4.Safety
5.physiological
5: wage to exist
4: Job security
3: Social gatherings
2: promotion
1: Upskilling in new areas
5.4 basic needs
3.2 psychological needs
1 self Fulfilment needs
Herzberg
Two factor theory
Motivator: factors that directly motivate
Hygiene: factors that can demotivate workers if not present but do not actually motivate
Herzberg suggest to motivate by using motivators and ensure hygiene factors are met
What are the factors of motivators
Responsibility at work
Meaningful fulfilling
What are the factors of hygiene
Wage
Working condition
Appropriate supervision