100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BTEC Business Level 3 Unit 16 P1 $3.41
Add to cart

Essay

BTEC Business Level 3 Unit 16 P1

 284 views  0 purchase
  • Course
  • Institution
  • Book

BTEC Business Level 3 Unit 16 P1

Preview 1 out of 4  pages

  • November 26, 2018
  • 4
  • 2015/2016
  • Essay
  • Unknown
  • Unknown
avatar-seller
BTEC level 3 Diploma in Business Daniil Chernat

Unit number: Unit 16 Unit title: Human Resource Management in Business


P1) Describe the internal and external factors to consider when planning the human
resource requirements of an organisaton


Human resources management (HRM) is how people are managed inside the business, so that they
become more valuable to the business. The Human Resources Manager is responsible for:

 Workforce planning
 Recruitment & selection
 Training & development
 Rewarding and motivating staf
 Communication
 Roles and responsibilities



Lux Chocs Ltd is a business that sells luxury chocolates, which was found as a partnership between
Sue and John Grant in 1990. Lux Chocs Ltd has three retail shops in Oxford and annually they are
making a proft of £8m. In this section, we are going to talk about HRM for the company called Lux
chocolates limited, because it is a business, which has a lot of employers.



HR planning circle


Strategies to fll the gaps Assess current workforce

Identify the gaps Analyse future workforce

What does this planning cycle help the human resources manager to do?

The human resources planning cycle helps manager to analyse the potential eeciency of the worker
and to predict if a worker can get qualifed to the higher level or to the standard level of the work. It
also enables the HR manager to fnd out about the future workforce, that is needed if a business is
planning to expand. Identifying gaps is when the workspace is not flled, as a result of that, HR
manager will look for the employee with a right skill. Additionally, business can look at the internal
profles of the employees and if the organisation has no appropriate staf available, then the
company will recruit externally.

Do all companies have to consider internal and external planning factors?

The internal factors are the things which are already happening inside the business. Internal
planning factors include: organizational needs, skills, workforce profles. xternal factors are those
that infuence the business from outside its direct control. All companies must consider the internal
and external human resources planning if they want their business to have all of the staf it working,
then company must expand and have a lot working space.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller chernatdaniil. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.41. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53068 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.41
  • (0)
Add to cart
Added