To what extent do you think that Scott Electronics plcs current human resources strategy is effective?
Abdul Wafi – Business Homework
To what extent do you think that Scott Electronics plc’s current human resources strategy is effective? (18)
Human resource strategy is how a business sees its employees from different business point of view and they are seen as resources to complete the business objectives.
Firstly the human resource strategy for Scott electronics is very effective because the firm’s labour productivity is very high with 105 compared to the industry average which is 100. This is very effective as it shows the level of recruitment and the staff the business is recruiting is doing very well which has a positive effect in the recruitment section therefore this will make the company recruit more staff which will increase the productivity of the business. Also the bonuses which is 40% and its 20% higher than the industry average, this shows that the bonuses are keeping the firms employees motivated and it drives them to work harder which mean there will be a increase in productivity and if productivity increases it will have a positive effect on the sales revenue as the company will sell more items which will increase the sales revue and profit.