Workforce Performance Flashcards
Workforce performance
Measuring the effectiveness of the workforce- when managers examine this they are examining the effectiveness of human resource management policies
360 Appraisal
Involve the appraised staff member receiving feedback from people whose views are considered helpful and relevant
•could come from staff or other stakeholders
•also included self-assessment
Labour productivity and formula
Measurement of the output per employees- an important measure of the efficiency of the workforce
Output (per period)
÷
Number of employees
Ways to improve labour productivity
•improving the capital equipment they work with
•change employment methods
•training
•increase motivation by changing the reward system
•change the structure of the business- devolve decision making
Absenteeism and formula
Measures how many employees miss work as a percentage of the total number of employees
Number of staff absent
÷ x100
Total number of staff
Causes of absenteeism
•lost production
•paying overtime to others
•people copying
Measures to reduce absenteeism
•introducing flexible working hours
•job enrichment
•improved working conditions
•improved human relations
•bonuses for good attendance
Labour turnover and calculation
Measures the rate at which employees leave a firm
Number of staff leaving the firm per year
÷ x100
Average number of staff
Drawbacks of a high labour turnover
•cost of recruitment
•cost of training
•fall in efficiency
Positives of a high labour turnover
•new ideas
•new talented staff
•it avoids complacency