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The table contains data about a business in 2014 and 2015 - HSC - SSCE Business Studies - Question 25 - 2015 - Paper 1

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The table contains data about a business in 2014 and 2015. Use the information in the table to answer parts (a)–(b). Absenteeism per employee 2014: 10 days 2015: 1... show full transcript

Worked Solution & Example Answer:The table contains data about a business in 2014 and 2015 - HSC - SSCE Business Studies - Question 25 - 2015 - Paper 1

Step 1

To what extent is human resources management effective in this business?

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Answer

Human resources management can be deemed partly effective in the business based on the data provided.

In 2014, absenteeism per employee was 10 days, which increased to 18 days in 2015. This notable rise indicates potential dissatisfaction among employees or increasing workplace issues, suggesting that human resources strategies may not be addressing employee wellness effectively.

Moreover, the training expenditure per employee significantly decreased from 2000in2014toonly2000 in 2014 to only 500 in 2015. This reduced investment in training could lead to a lack of skill enhancement among employees, further exacerbating the increase in absenteeism and possibly contributing to the higher rate of accidents from 20 to 25 per 1000 employees.

On a positive note, staff turnover decreased from 10% in 2014 to 5% in 2015, which indicates improved employee retention, likely due to successful human resources strategies in other areas.

The number of strike days reduced from 20 in 2014 to 10 in 2015, suggesting that employees are perhaps more content with management’s handling of their concerns in the more recent year.

In summary, while there are improvements in staff turnover and strike days, the increase in absenteeism, higher accident rates, and significantly decreased training expenditures highlight areas where human resource management is falling short.

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