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Performance Appraisal, Training & Development and Managing Employer and Employee Relationships are important functions of a Human Resource Manager - Leaving Cert Business - Question A - 2008
Question A
Performance Appraisal, Training & Development and Managing Employer and Employee Relationships are important functions of a Human Resource Manager. Explain the func... show full transcript
Worked Solution & Example Answer:Performance Appraisal, Training & Development and Managing Employer and Employee Relationships are important functions of a Human Resource Manager - Leaving Cert Business - Question A - 2008
Step 1
Explain the function: Performance Appraisal
Answer
Performance Appraisal is the process of reviewing the performance of an employee. It serves several functions:
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Determine Suitable Job Levels: By assessing employee performance, Human Resource Managers can recommend suitable candidates for promotions based on their capabilities.
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Feedback Mechanism: It facilitates a system of feedback on the strengths and weaknesses of employees. This helps in acknowledging areas for improvement and ensuring that employees are aware of their performance standings.
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Motivation: Continuous evaluation encourages two-way communication which helps motivate employees by setting clear objectives.
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Effectiveness Evaluation: Regular appraisals allow for the assessment of training and selection processes, enhancing the overall human capital of the organization.
Step 2
Benefits of Performance Appraisal
Answer
The benefits of Performance Appraisal include:
- Enhanced employee quality through targeted feedback.
- Reduced staff turnover as employees are likely to feel valued and understood, leading to better retention rates.
- Improved productivity due to motivated employees.
- Clear career progression paths for employees, fostering long-term commitment to the organization.
Step 3
Explain the function: Training and Development
Answer
Training and Development involve the continuous process of educating employees to enhance their skills and effectiveness in their jobs. This encompasses various training methods including on-the-job training and workshops.
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Skill Development: Employees develop essential skills necessary for carrying out their tasks optimally.
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Adaptability: By allowing employees to learn new techniques and technologies, organizations can ensure that their workforce remains competitive in a rapidly evolving job landscape.
Step 4
Benefits of Training and Development
Answer
The benefits of Training and Development include:
- Increased productivity as employees acquire new skills.
- Improved quality of service and goods.
- Lower rates of industrial relations problems due to better-trained staff who understand their roles and responsibilities.
- Enhanced employee morale from the confidence gained through skill development.
Step 5
Outline the different methods of reward used to motivate employees in a business
Answer
Different methods of reward to motivate employees include:
- Monetary Rewards: This includes fixed salaries, commission schemes, and bonuses for targets reached.
- Time Rate/Piece Rate: Compensation based on the amount of work done or time worked.
- Profit Sharing Schemes: Employees receive a share of the company's profits, aligning their interests with that of the organization.
- Fringe Benefits: Non-monetary perks such as health insurance and travel allowances.
- Employee Share Ownership Schemes: Employees gain partial ownership of the organization, enhancing commitment.
- Job Promotion: Advancing to higher responsibilities within the organization fosters a sense of accomplishment and motivation.