Week 1: Intro to HRM Flashcards

1
Q

Name some implications of Brexit for employers

A
  • Industries that rely on low skilled EU migrants will have difficulties recruiting e.g. agriculture
  • There will be a shortage of high skilled manual EU migrants e.g. carpenters, builders
  • Talent shortage
  • Organisations will need to carry out workforce planning
  • Need to identify gaps in the current and future workforce
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2
Q

Define HRM

A

The process of hiring and developing employees so that they become more valuable to the organisation.

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3
Q

What are the goals of human resource management?

A
  • Support the organisation in achieving its objectives
  • Contribute to the development of a high-performance culture
  • Ensure an organisation has the talented and skilled employees it needs
  • Create a positive employment relationship between management and employees
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4
Q

Define human capital

A

The knowledge, skills and abilities, and the capacity to develop and innovate possessed by people in an organisation

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5
Q

What are some challenges to managing human capital?

A
  • An increasingly diverse working population
  • Rapidly changing business and consumer macro environment characterised by intense competition
  • Growth in high skills, flexible and knowledge based work
  • Worker alienation negatively affecting recruitment
  • Stricter legislation around fairness at work
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6
Q

Define employee engagement

A

The harnessing of an organisations member selfs to their work roles. In engagement, people employ and express themselves physically, cognitively and emotionally during role performances

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7
Q

What is blind recruitment?

A

Removing personally identifiable information from CV’s e.g. gender and age to overcome unconscious bias

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8
Q

Define workplace culture

A

The collection of traditions, values, beliefs, policies and attitudes that constitute a pervasive context for everything we do and think in an organisation

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