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Year 1
Human Resources
HR Flow
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Lukas Skripka
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Business > Year 1 > Human Resources > HR Flow
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How HR Flow Helps Meet HR Objectives
Business > Year 1 > Human Resources > HR Flow
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What is a HR flow?
The movement of employees
into
,
through
, and
out
of an organisation
What are the key stages of a HR flow?
Human resource plan
Recruitment
Training
Redeployment
Redundancy
What is a human resource plan?
A human resource plan
forecasts
the future
workforce
needs of the business
What does a human resource plan identify?
Skill shortages
or
surpluses
A human resource plan aligns
workforce
planning with long-term business
goals
What is recruitment?
The process of
attracting
and
hiring
the right employees
Why is effective recruitment important?
Ensures the business has the right
skills
and
experience
to meet
objectives
What is training?
Developing employee
skills
to improve
productivity
and
efficiency
Why is training important to a business?
Increase
motivation
Increase
job satisfaction
Decrease
labour turnover
What is redeployment?
Moving employees to different
roles
based on business
needs
Why is redeployment important to a business?
Helps businesses adapt to
market changes
without
hiring
/
firing
Retains
skilled employees
while maximising their contribution
What is redundancy?
When a business decides to reduce its
workforce
, and an employee's job is
terminated
because its no longer
required
Why do redundancies happen in businesses?
Reducing
costs
Restructuring
Mergers
or
takeovers
Technological
advancements
How should redundancies be handled?
Should be handled
ethically
to maintain employee
morale
What are the different types of training?
On-the-job
training
Off-the-job
training
Induction
training
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