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Flashcards covering key concepts in Human Resource Management and related motivation theories.
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Human Resource Management
The organisation of employees' roles, pay, and working conditions.
Establishment phase
The first phase of the employment cycle, involving staff planning, job analysis, recruitment, and selection.
Maintenance phase
The second phase of the employment cycle, including induction, training, and performance management.
Termination phase
The final phase of the employment cycle, addressing voluntary and involuntary terminations.
Maslow's Hierarchy of Needs
A motivation theory proposing that individuals have five levels of needs arranged in a hierarchy.
Physiological needs
The most basic level of needs including food, water, and shelter.
Safety needs
The need for security, stability, and protection from physical and emotional harm.
Social needs
The need for belonging, love, and interpersonal relationships.
Esteem needs
The need for respect, self-esteem, and recognition from others.
Self-actualisation needs
The need for personal growth, achievement, and the realization of one’s potential.
Goal Setting Theory
A motivational theory stating that clear, challenging goals enhance employee performance.
SMART goals
Specific, Measurable, Achievable, Relevant, and Time-bound goals.
Four Drive Theory
A motivation theory positing that human behaviour is driven by four primary drives: acquire, bond, comprehend, and defend.
Performance-related pay
A financial reward given to employees for achieving or exceeding performance goals.
Career Advancement
Promotional opportunities providing more challenging and stimulating roles with increased responsibilities.
Investment in training
Allocating resources to train employees, improving skills and performance.
Support strategies
Encouragement and resources provided to help employees cope with challenges.
Sanction strategies
Disciplinary actions taken to address poor employee performance.
Performance management
Strategies aimed at improving both business and individual performance through setting objectives.
Appraisals
Formal assessments of an employee’s performance against predetermined criteria.
Self-evaluation
The process where employees assess their own performance and contributions.
Employee observation
Gathering feedback from multiple sources to evaluate employee performance comprehensively.
Voluntary termination
When an employee chooses to leave an organization, such as through retirement or resignation.
Involuntary termination
When an employer decides to terminate an employee’s contract, often due to redundancy or dismissal.
Fair Work Commission
Australia's national workplace relations tribunal responsible for setting employment standards and resolving disputes.
Mediation
A dispute resolution process involving a neutral third party to facilitate negotiation between disputing parties.
Arbitration
A formal dispute resolution process where a neutral third party makes a binding decision after hearing both sides.