Human Resource Management (HRM)

A series of flashcards covering key terms and concepts related to Human Resource Management, including recruitment processes, training methods, and legal issues.

Recruitment

The process that starts with identifying the need to employ someone, up to the point where applications arrive at the business.

Employee Selection

The process of evaluating applicants for a specific job and selecting an individual for employment based on the needs of the organization.

Job Analysis

Identifies and records the responsibilities and tasks related to a job.

Job Description

Outlines the responsibilities and duties to be carried out by someone employed to do a specific job.

Person Specification

A document outlining the requirements, qualifications, expertise, and personal characteristics a successful applicant should have.

Internal Recruitment

When a vacancy is filled by someone who is an existing employee of the business.

External Recruitment

When a vacancy is filled by someone who is not an existing employee and is new to the business.

Induction Training

An introduction given to a new employee, explaining the business's activities, customs, and procedures.

On-the-Job Training

Training that occurs when a trainee observes and practices with an experienced employee at the workplace.

Off-the-Job Training

Training that involves being trained away from the workplace, usually by specialist trainers.

Employment Contract

A legal agreement between an employer and an employee, listing the rights and responsibilities of employees.

Unfair Dismissal

Occurs when an employer ends an employee's contract of employment for reasons not covered by that contract.

Legal Minimum Wage

The minimum wage rate per hour that employers must pay to employees.

Health and Safety Regulations

Laws that require employers to protect employees from dangerous conditions and provide a safe working environment.

Advantages of Internal Recruitment

It is usually quicker and cheaper, the person is already known, and there is less need for induction training.

Disadvantages of Internal Recruitment

Quality of applicants may be lower and it may lead to jealousy among other existing employees.

Advantages of External Recruitment

Opens up a larger pool of potential applicants and brings new ideas into the business.

Disadvantages of External Recruitment

Takes longer, costs more, and requires all new hires to undergo induction training.