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Human Resource Management - Coggle Diagram
Human Resource Management
HRM is a system of recruiting employees to the business. They are then trained, developed and rewarded for their efforts.
Functions of a HR manager
Training
Training is a process that ensures employees have the skills and attitudes to carry out their job effectively
On the job training (work shadowing)
Off the job training (workshops)
Rewards
Financial reward: these are monetary payments received by employees for their workplace efforts ( Bonus, share options, commission
Non-financial reward: these are rewards received by an employee that are not in the form of money (Company car, own office, flexitime
Recruitment and selection
Recruitment: involves attracting suitable candidates with the relevant skills qualifications and experience to apply for the job vacancy
Selection: is the process of deciding which applicant is the most suitable for the advertised job vacancy
Process
Screening candidates
Matches the applicants against the job description
Selection test
Inteliegence test, personality test, work sample test
Job advertisement
Newspaper, radio
Interview
One-to-one interview, panel interview
Person specification
Qualifications, experience
Reference check
Confirm education and experience
Job description
Details on the specific job (hours, salary)
Job offer
Offering the job
Performance appraisal
It is a review of an employees performance.
Performance related pay
Increased employee motivation
Future promotion
Improved industrial relations
Identify training needs
HR planning
This ensures the business has the correct number of staff with the right skills, in the right place, at the right time
Benefits
Enough staff
Identify training needs
Labour turnover
Employer-employee relationships
Positive HR relationships can result in increased staff productivity, less industrial action, improved recruitment and retention of staff
Grievance procedure
Training
Social activities
Health and safety
Honest communication
Benefits
Lowers absenteeism
Keeps labour turnover low
Employee motivation
Recruitment and retention of staff
Development
This can include employees taking educational courses or developing career plans