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Analyse how human resource management strategies can improve the process of employee acquisition and maintenance. - HSC - SSCE Business Studies - Question 27 - 2021 - Paper 1
Question 27
Analyse how human resource management strategies can improve the process of employee acquisition and maintenance.
Worked Solution & Example Answer:Analyse how human resource management strategies can improve the process of employee acquisition and maintenance. - HSC - SSCE Business Studies - Question 27 - 2021 - Paper 1
Step 1
Processes of human resource management:
Answer
Human resource management encompasses several key processes essential for effective employee acquisition and maintenance. This includes planning for workforce needs, where organizations identify their current and future staffing requirements, allowing them to acquire the right talent. Additionally, recruitment strategies, such as targeted job advertising and talent sourcing, play a crucial role in attracting quality candidates.
Step 2
Acquisition:
Answer
In the acquisition phase, HR strategies involve detailed job design that outlines specific tasks and roles. This clarity helps in aligning candidate qualifications with job expectations. Moreover, training and development initiatives prepare new hires for their roles, ensuring they are equipped with the necessary skills. Utilizing performance metrics during the hiring process also enhances the quality of employee selection, as it bases decisions on measurable data.
Step 3
Maintenance:
Answer
For employee maintenance, HR strategies must focus on leadership styles that foster an inclusive and motivating work environment. Regular performance evaluations and feedback mechanisms are vital to keeping employees engaged. Additionally, offering a robust rewards system, which may include both monetary and non-monetary incentives, helps retain talent. Addressing workplace disputes effectively, through negotiation and mediation processes, further contributes to employee satisfaction and loyalty.