Unit 6

HideShow resource information
HR
The department or function within an organisation that is focused on activities related to employees
1 of 30
Hard HRM strategy
Treats employees as a resource
2 of 30
Soft HRM strategy
Views employees as valuable assets
3 of 30
Labour turnover
(number of employees leaving over a period/average number employed over a period)x100
4 of 30
Retention rate
(number of employees with one+ years service/overall work force)x100
5 of 30
Labour productivity
Output per period/no. of employees per period
6 of 30
Labour costs per unit
Total labour costs/total units of output
7 of 30
Employee costs as a percentage of turnover
The percentage of sales turnover needed to cover employee or labour cots-(employee costs/sales turnover)x100
8 of 30
Organisational design
The process of shaping an organisations structure so that it meets the organisations purpose and helps to deliver its objectives
9 of 30
Span of control
The number of subordinates a manager is required to supervise directly
10 of 30
Organisational hierarchy
The vertical division of authority and accountability in an organisation
11 of 30
Levels of hierarchy
The number of different supervisory and management levels between the shop floor and the chief executive in an organisation
12 of 30
Authority
The right or power assigned to a particular role in an organisation in order to achieve organisational objectives.
13 of 30
Accountability
The extent to which a named individual is held responsible for the success or failure of something.
14 of 30
Delegation
The process of passing authority down the hierarchy from a manager to a subordinate
15 of 30
Responsibility
The duty assigned to a particular position in an organisation.
16 of 30
Centralised/Decentralised
Centralised has a greater degree of central control while decentralised structure involves a greater degree of delegated authority.
17 of 30
Matrix organisational structure
Used alongside a functional organisational structure. Employees have dual reporting relationships
18 of 30
Human resource flow
The flow of employees through an organisation, including the inflow-when they are recruited-what happens to them within the organisation; the outflow-when they leave
19 of 30
Human resource plan
Process that links the human resource needs of an organisation to its strategic plan to ensure that staffing is sufficient, qualified and competent enough to achieve the organisations objectives
20 of 30
Training
The provision of work related education, either on the job or off, involving the employees being taught new skills or improving existing ones
21 of 30
Redeployment
The process of moving existing employees to a different job, or different location within the same organisation
22 of 30
Redundancy
When an employer dismisses an employee because their job no longer exists
23 of 30
Motivation
The desire and energy to be continually interested and committed to a job, role or subject, or to make an effort to attain a particular goal
24 of 30
Commission
A sum of money paid to an employee upon completion if a task
25 of 30
Piece rate
Payment based on the numbers of items each worker produces
26 of 30
Salary schemes
A basic rate payment system where employees are paid an annual salary
27 of 30
Performance related pay
Rewarding individual employees based on an assessment on their individual performance and usually measured against pre-existing goals
28 of 30
Trade union
A group of employees who join together to maintain and improve their conditions of employment
29 of 30
Work council
A committee of management and workforce representatives that meet to discuss company wide issues such as training investment and working practices
30 of 30

Other cards in this set

Card 2

Front

Treats employees as a resource

Back

Hard HRM strategy

Card 3

Front

Views employees as valuable assets

Back

Preview of the back of card 3

Card 4

Front

(number of employees leaving over a period/average number employed over a period)x100

Back

Preview of the back of card 4

Card 5

Front

(number of employees with one+ years service/overall work force)x100

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Business resources:

See all Business resources »See all HR resources »