HRM Strategy

Hard HRM

• Outsourcing certain business functions

• Valuing workers, permanent staff and training

• Cutting costs, short term contracts and no training

• Making employees redundant

Soft HRM

• Outsourcing certain business functions

• Cutting costs, short term contracts and no training

• Valuing workers, permanent staff and training

• Making employees redundant

Outsourcing

• Using a third party to carry out a business function

• Moving part of the business abroad

• Becoming a MNC

• Changing supplier

a benefit of outsourcing

• The business can focus on its core goals and competencies

• The business will save money in the long term

• The business keeps control of everything

• The business will need more training

A benefit of zero hour contracts

• the labour force can be changed quickly according to demand

• The staff will more motivated

• The staff will always be available to work

• There a more workers to manage, this is good!

Disadvantage of zero hour contracts

• It will save costs

• The business will be more dynamic

• Workers will not feel part of the business

• The business won't get 'stuck' with poor workers

Labour productivity will...

• lower labour cost per unit

• raise labour cost per unit

• be the only useful measure of labour performance

• be decreased by using MBO

MBOs are

• whole business SMART objectives

• objectives given to individual workers

• only given to managers

• fast to implement

What powers do Trade Union have...

• Lockouts, redundancies, closure

• Strikes, go slow, overtime bans

• Hard, soft, outsourcing

• Constant government support

Which is NOT approach to employee disputes?

• Autocratic

• Collective bargaining

• Co-operation

• Contract following