OCR Level 3 Cambridge Technicals in Business Unit 5: Human Resource Management in Business Why are human resources important? People are sometimes described as the most valuable resource that an organisation has. Human resources involves managing the current workforce… …while human resource planning means thinking about the organisation’s future human resources needs and taking steps to meet those needs. Factors to think about Thinking about human resources means looking at a number of factors. External Internal factors Supply of Labour labour Skills costs requirementsWorkforce skills Organisational Demand for needs products/ Government services policy Workforce Changing profiles nature of work Labour market competition Getting the most from people Why do people come to work and how can an organisation get the most from them? What training is What skills do Are people people in in the the Howneeded do we to best place to use improve skills? organisation have? motivate people? their skills? Is motivation all What about does money? absenteeism tell us about motivation at Whywork? is treating people fairly so important? What makes people feel good at work? Can skills be transferred to What theories different areas ofcan the explain what motivates organisation? people at work? Kelloggs – a great place to work? Kelloggs has based its HR strategy around motivation with the aim of making the company ‘a great place to work’. Promotion development Selftheir The company have and a range of ways of motivating opportunities employees, for example: Actualisation Mutual respect Esteem of each other Employees can buy and sell holiday days if they value time off more than pay.Social needs Flexible workplace, safe and healthy working environment Competitive salary Safety needs Basic needs Kelloggs – working with everyone Mutual co-operation between an organisation and its workforce is vital to be successful, but achieving this is not always easy. Kelloggs tries to do this using: Encouraging ideas: such Communication: from Study leave andas a staff suggestion formal meetings to a 200secondment opportunities:scheme and ‘Snap, seater coffee lounge in the helping staff to feel valued andCrackle and Save’, which foyer for information motivated to develop theirencourages cost saving discussions and skills and apply them at work.ideas. socialising. Managing performance It is important toimportant actively manage people’s It If is people are well to ensure motivated fairness andperformance in their when roles order the organisation havein measuring the rightfor skills, and then managing they to be successful. should performance. be effective Howincan their this roles be but how achieved? do we know? Using indicators, goals, SMART Usingtargets probationary periods, and benchmarking. appraisals, and methods of supporting employees. What will you learn? After completing this unit, you will: Understand the importance of managing employee performance at work Know how organisations motivate Know the factors employees that are involved in human resource planning in organisations Understand how to gain committed employee cooperation Thank you for using this OCR resource. Other OCR resources are available at www.ocr.org.uk To give us feedback on, or ideas about, the OCR resources you have used e-mail resourcesfeedback@ocr.org.uk