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Human Resource Management
is a system of recruiting employees to the business.They are then trained , developed and awarded for their efforts.The responsibility for HRM lies with the firms’s human resource manager
Functions of a HR Manager
Human Resource Planning
Recruitment and Selection
Training and Development
Rewards
Performance Appraisal
Employee to Employer Relationship
Human Resource Planning
The HR Manager carries out
human resource planning this ensures that the business has the correct number of staff with the necessary skills and qualifications to fill all vacancies in the business
Rewards
The HR manager is responsible for creating a rewards package to motivate employees. This package can include financial and non-financial rewards.Motivated employees work harder and there are lower levels of absenteeism and labour turnover
Performance Appraisal
a review of an employees performance and is usually carried out by the HR manager. The manager meets with the employee and agrees goals to be achieved within a period of time e.g. a year. At the end of the period they meet again to evaluate the employees performance..
Benefits of Performance Appraisal
Training Needs:It can help identify training needs for employees and these can be organised by the HR Manager.
Benefits of Performance Appraisal
It can help The HR manager to identify candidates for future promotion. These employees have achieved the targets set and may want more responsibility in the firm.
Encouraging employees to adapt to Change
Explain the term teamwork
A group of individuals/employees working together to achieve a certain objective.
Total Quantity Management
To adapt to a changing business environment,TQM requires the business to provide good and services that meet the needs and quality standards of its customers.
Risk Management
Risk management involves identifying all risks that business or household might incurs.Once the business/household has identified the possible risks and found ways to minimise these risks , it should take insurance cover
Ways to Minimise Risks
Install security camera:Security risks can be reduced by installing alarms, CCTV cameras and motion sensor lights.
Health and safety: Ensure that employees are aware of health and safety rules, e.g wearing a hard hat on a construction site.