How can automation most impact on businesses?

Increase productivity on assembly line & save on wage costs

What 3 factors does a HR Manager need to consider when planning for their business?

Internal, external & employee skills

In terms of HR planning, what does 'capital intensive' business mean?

A business has a lot of machinery involved.

What is a workplace profile

Analyzing employee skills & planning future business needs

What are labour costs

The expenditure spent by a business on their workforce

How can government policies affect a business

They can enforce legislative change that effect businesses

In terms of HR planning, what does 'labour intensive' business mean?

A business who uses a lot of people in production process.

From an employees perspective, what is the main advantage of working from home?

Allows for flexible working patterns with more productivity

From an employers perspective, what is the advantage of employees working from home?

Reduces premises costs (i.e. Heating, lighting, rent etc)

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Human Resource Management

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Re-Cap of week 1's key terminology

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Answers

1
How can automation most impact on businesses?
Increase wage costs
Reliance on machinery which is more expensive than employees
Increase productivity
Increase productivity on assembly line & save on wage costs
2
What 3 factors does a HR Manager need to consider when planning for their business?
Employee Skills, own job role and boards vision
Internal, external & employee skills
Internal, external & their own job role
Internal, external & the boards vision
3
In terms of HR planning, what does 'capital intensive' business mean?
A business who uses a lot of people in production process.
An intensive investment of money
A business that is driven purely by finance
A business has a lot of machinery involved.
4
What is a workplace profile
Analyzing employee skills & planning future business needs
Looking at a business training needs
Details about a business and it's employees
Name, picture and statement of each employee
5
What are labour costs
The amount of work undertaken
Cost of parliamentary election
The expenditure spent by a business on their workforce
How many employees work for a business
6
What happens to the labour market during an economic boom
Harder to recruit new staff
Wages increase for all staff.
Staff go on strike
Easier to recruit new staff
7
How can government policies affect a business
Save businesses money
Motivate business leaders to vote
They can enforce legislative change that effect businesses
Increases business expenditure
8
In terms of HR planning, what does 'labour intensive' business mean?
A business who uses a lot of people in production process.
A business has a lot of machinery involved.
A business that is driven purely by finance
An intensive investment of money
9
From an employees perspective, what is the main advantage of working from home?
Can watch TV whilst working
Allows for flexible working patterns with more productivity
Allows employees to work autonomously
Comfortable working environment
10
From an employers perspective, what is the advantage of employees working from home?
Reduces premises costs (i.e. Heating, lighting, rent etc)
Can watch TV whilst working
Allows employees to work autonomously
Comfortable working environment

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