Busines Studies- HUMAN RESOURCES

year 12 HSC course, includes definitions, role, strategies, processes and influences (+examples)

what is the strategic role of human resources?

manage the total relationship between an employer and its employees in order to achieve the strategic goals of the business.

what is the definition of interdependence?

the mutual dependence that the key functions have on one another

what is outsourcing?

the use of external providers to perform non core business activities.

What is outsourcing viewed as within HR?

contracting- use of contractors

what are examples of HR processes that are often outsourced?

• Recruitment

• Payroll

• Mediation

• Outplacement

• Induction & Training

• Leadership Training

what are advantages of outsourcing?

imporved HR quality & legal compliance, more flexibility and allows business to focus resources on main activities

what are disadvantages of outsourcing?

loss of full control, increased dependency on external firm and secuirty issues

what is a contractor?

an external provider of services to a business

what is one advantage & one disadvantage of using global contractors? (versus domestic)

+ allow for 24hr work

- cultural, language or time zone differences

what is the HR process also called?

The HR Cycle

what does ADMS stand for?

Acquisition, Development, Maintenance & Seperation

what does Acqusition involve? (HR process)

identifying staffing needs, recruitment, selection and placement. 

what does Development involve? (HR process)

improving employees skills and abilities. 

what does Maintenance involve? (HR process)

retain staff and manage their wellbeing at work.

what does Seperation involve? (HR process)

when an employee leaves the business

what are the two types of Seperation?

voluntary & involuntary

what are different types of VOLUNTARY Seperation?

retirement, resignation, voluntary redundancy

what are different types of INVOLUNTARY Seperation?

contract expiry, dismissal, summary dismissal & involuntary redundancy