Business Revision Guide: 3.1

Subdecks (7)

Cards (129)

  • Human Resources (HR)
    The functional area of the business that is responsible for coordinating staff-related issues
  • Functions
    Different types of work that need to be done in business e.g. in production, finance or marketing
  • Identifying HR
    The act of thinking about the purposes of HR and how many and what type of workers will be needed
  • Personnel plan
    A plan detailing the employees a business needs - how many, whether they will be full or part time workers, the skills they should have and when they will work
  • Roles of the HR function
    • Recruiting new staff
    • Inducting new staff
    • Implementing reward systems
    • Training and developing staff
    • Remuneration (payment) of staff
    • Dealing with ending the employment of staff
  • Staffing issues identified in the Human Resource Plan
    • The Type of Contract They Have
    • The Number of Staff Needed
    • How Much Staff Will be Paid
    • Where Staff Will Be Based
    • How Employment Law Will be Met
  • Factors to consider when planning HR
    • What it produces
    • How much it produces
    • The method of production
    • When production takes place
    • The 'functions' or 'jobs' to be completed
    • The budget available to the business
  • Questions to consider when planning HR
    • Are skilled or unskilled workers needed, or a mix of both?
    • How many workers will the business need?
    • Can machines rather than workers be used?
    • Are workers needed seven days a week or only on specific occasions?
    • What type of workers are needed - finance, production, marketing, human resources?
    • How much can be spent on workers?