Chapter 4: Human Capital Flashcards
The 6 processes of procuring the final talent:
- Recruitment
- Selection
- Placement
- Induction
- Remuneration and employee benefits
- Training and skill development
The 5 steps to staff development
- Identify skill gap
- Consider training resources
- Design training
- Implement program
- Evaluate employee
what is a performance appraisal
A planning and evaluation tool
Three fair reasons to dismiss an employee
- Dismissed due to incapacity
- Dismissed due to misconduct
- Dismissed due to operational reasons
3 warning steps before dismissal
- Verbal
- Written
- Dismissal
The aim of the employees equity act
To redress the inneqaulity of the past
Aim of the black economic empowerment act
Address imbalances of the past by bringing black majority into economic mainstream
Aim of Basic company employee act
Promotes economic development by protecting workers against unfair labour practices
Aim of skill development act
To ensure South Africa developed skills needed for economic growth, social development and sustainable development
What percent is taken out of all pay role to cover the skill development act
1%