HR contributes to business objectives through resourcing, reward, and performance management. Different HR perspectives impact the organisation, and employ
Topic Synopsis
HR contributes to business objectives through resourcing, reward, and performance management. Different HR perspectives impact the organisation, and employment models define the contract of employment.
Key Concepts & Core Principles
- The functions of management: planning, organising, leading, and controlling (POLC) – essential for effective business operations.
- The HR lifecycle: from recruitment and selection to training, performance appraisal, and employee separation.
- Motivation theories (e.g., Maslow, Herzberg) and their application in improving employee performance and satisfaction.
- Employment law basics: contracts, discrimination, health and safety, and disciplinary procedures.
- The external business environment: PESTLE analysis (Political, Economic, Social, Technological, Legal, Environmental) and its impact on strategy.
Exam Tips & Revision Strategies
- Use case studies to illustrate HR practices.
- Know the difference between transactional and transformational HR.
- Be clear on the contract of employment elements.
Common Misconceptions & Mistakes to Avoid
- Confusing HRM with personnel management.
- Overlooking the legal aspects of employment contracts.
- Not linking HR activities to business objectives.
Examiner Marking Points
- Explain how HR supports business strategy.
- Compare hard and soft HRM approaches.
- Describe key areas: recruitment, reward, performance appraisal.
- Define employment models (e.g., full-time, zero-hours).
- Identify essential features of an employment contract.