Human Resources Flashcards
Interdependence with O
Employing staff who can operate machinery
interdependence with M
Employ the right sales people. Employ marketing strategists.
Interdependence with Finance
Set budgets for renumeration and development strategies.
Reasons a firm would outsource HR 3
- HR firm specialises there better.
- In house managers can focus on core business function.
- Cost savings. Some firms might not need full time HR people.
Issues with outsourcing HR 4
- External firm lacks understanding of the firm - conflict
- Hard to maintain close employee relationships
- Costs
- Security and confidentiality
Contract for service d
Exists where employment is not ongoing and an agreed fee is paid to an independent contract for the service provided. Normally a fixed period
Contract of service d
Exists where an employee offers their services to an organisation on a regular basis. Subject to lawful control and authority of employer.
Eg of Jetstar outsourcing.
Outsourced call centre to Melbourne operator ‘sales force’.
6 stakeholders in HR
- Employers
- EmployEES
- Employer associations
- Unions
- Govt orgs -FWC & FC
- Society
6 key influences on HR
Stakeholders.
- Legal
- Economic
- Technological
- Social
- Ethics and CSR
Duties of employers 4
- Duty of care (safe workplace)
- Avoid discrimination
- Pay agreed wage
- Provide work.
Duties of employees
- Obey lawful instructions
- Work with skill (best of ability)
- Disclose relevant information (medical issues may cause safety concerns.)
- Be faithful with employers interests.
Awards d
A legal document that specifies the minimum working conditions that apply to all people employed in a common industry.
Current minimum wage.
$17.17 an hour. Casual get 21% casual loading.
4 types of employment contracts
- PT
- Perm
- Casual
- Fixed term.
Economics influences on employment
Business cycle stage.
Inflation.
Globalisation.
Retrenched d
Workers services are no longer needed because the employer has downsized, closed, outsourced or requires fewer workers.
Good impacts of technology on HR 3
- More efficient production
- Reduce repetitive nature
- Helps employees deliver projects innovatively.
Bad impacts of tech on HR 3
- Unemployment
- Resistance if they need to learn new tech.
- Low morale as employees become secondary to tech