Professional Documents
Culture Documents
HRM v Personnel
HRM sees the activities with the workforce as key to corporate objectives. The aim of HRM is to make the best use of the workforce for the company to achieve its goals.
Personnel management considers all the elements of managing people as separate elements / unrelated tasks & ignores the wider picture.
Functional Objectives
HR Objectives
The targets that the HR function of a business wants to achieve in a given time period
HRM objectives
1. Matching the workforce to the needs of the business 2. Making full use of the workforces potential
What would happen if you had the wrong number / type of staff?
Prices
Finances
Harrods staff
More generous staffing levels, well paid staff
Staff are currently leaving RBS due to govt pressure to NOT pay annual bonuses (govt owns 80% stake in RBS through bank bail out). Staff leaving for competitor companies.
Tightly controlled costs; work long hours and have multiple skills. Lower staffing levels
Ryanair staff
(holding their modelling photo from calendar!)
4.
HR strategies
Hard
Sees people as an unwelcome cost People are an input to get work done
Soft
Sees people as those who can add value to the business. A business needs to develop their employees skills, interests & abilities Managers are facilitators to coach & help staff to do their work properly.
HR strategies
Hard
Treats employees simply as a resource of the business. Strong link with corporate business planning what resources do we need, how do we get them and how much will they cost
Treats employees as the most important resource in the business and a source of competitive advantage Employees are treated as individuals and their needs are planned accordingly
Soft
Evaluation skills
What are the benefits of having a hard HRM strategy? Staff are well monitored Costs are minimised, Companies can increase / reduce output when needed. Greater centralisation / control by managers
Evaluation skills
What are the benefits of having a soft HRM strategy? High levels of employee participation, Higher motivation Greater commitment from staff, Lower turnover, Less absenteeism Greater productivity!
Your go
To discuss Preliminary Qs
Homework
Read chapter 15 p 180-188 Make own notes on Internal & external factors on HRM objectives.