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The table contains data about a business in 2014 and 2015 - HSC - SSCE Business Studies - Question 25 - 2015 - Paper 1

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The table contains data about a business in 2014 and 2015. Use the information in the table to answer parts (a)-(b). | Absenteeism per employee | 2014 | 2015 | |---... show full transcript

Worked Solution & Example Answer:The table contains data about a business in 2014 and 2015 - HSC - SSCE Business Studies - Question 25 - 2015 - Paper 1

Step 1

To what extent is human resources management effective in this business?

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Answer

Human resources management can be assessed based on several performance indicators from the data provided.

Firstly, absenteeism per employee has increased from 10 days in 2014 to 18 days in 2015. This rise indicates potential dissatisfaction among staff or ineffective HR strategies, which could negatively impact overall productivity.

Conversely, staff turnover decreased from 10% to 5%. A lower turnover rate suggests that employees are more satisfied and engaged in their work, indicating effective HR management in retaining talent.

Training expenditure per employee saw a significant decrease, dropping from 2000in2014to2000 in 2014 to 500 in 2015. This reduction could hinder skill enhancement opportunities for employees, possibly leading to a decline in job satisfaction and productivity in the long run.

Additionally, the number of strike days has decreased from 20 to 10, which may imply that HR policies have been more effective in addressing employee grievances since 2014.

In summary, while there are areas of improvement, such as absenteeism and training expenditure, the effectiveness of human resources management is partially demonstrated through reduced staff turnover and fewer strike days.

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