Human Resources

What are the four stages of HR

Acquisition, Development, Maintenance, Seperation

What are the three processes in Acquisition?

A) Idenitifying staffing needs

B) Recruitment

C) Selection Process

What does it mean to identify staffing needs ( Aquisition)

• Considering how many staff will be needed (quanitity)

• What skills are needed (Quality)

What does it mean to do recruitment (aquisition)

Idenitifying potential applicants through formal and informal methods

• Formal = Advertising for the role, online or through agencys

• Informal = referal/dropping a resume

What is the selection process? (Aquisition)

Steps taken to choose the best applicant

• done through interviews

• personality tests

• trial periods

What are the three types of contracts (Aquisition)

• Modern Awards: Legally enforcable minimum t&c’s for specific industries

• Enterprise Agreement: made specifically by the company

• Other: contrats that follow the law but sit outside of other two

What is in development/training (HR)

A) Induction

B) Mentoring

C) Specific Training Programs

What is induction? (Development HR)

Program for new workers teaching them about the way the business operates and the details of their role

What is mentoring? (Development HR)

Placing newer staff with higher experiences staff to help learn as they work together

What is Specific Training Programs? (Development HR)

Getting someone from inside (internal) or outside organisation (external) the business to focus on a particular skill the business wants to improve?

What is maintenance in HR

To motivate workers businesses must provide additional rewards to staff

• Monetary

• Non-monetary

What is monetary rewards (maintenance HR)

Financial rewards above min. wage

• Bonuses

• Above award wages

• Commision

What are nonmonetary rewards (maintenance HR)

Non financial rewards provided to staff as a perk

• Eg memberships or work life balance/flexibility

What does Seperation involve (ADMS)

Refers to employees leaving the business can be Voluntary and Involuntary

What is Voluntary seperation?

Employees choose to leave the business

• eg retiring or resignation due to finding a new job

What is Involuntary seperation?

When employees are forced to leave

• eg dismissal for not meeting expectations.

What is redundancy ?

When an employee is no longer needed at a business due to Financial issues or Operational Issues

What happens after a person is made redundant

Workers being made redundant need warning and recieve a payout weeks ahead (4-16)