Influences Flashcards
stakeholders
what are stakeholders
interest in performance of a company for reasons other than stock performance or apreciatiation
types of stakeholders
- employees
- -employers
- unions
- -employer associationa
- society
- governmental org
what are employer associations
orgs aimed to promote interests of employers within bus environment
-australian industry group is an employer association (over 750,000 ppl thro aus)
what ar eunions
organisations formed by employees in industry to represent them in efforts to promote their interests
: new south wales nurses and widwives association
what are government orgs
government establishes the legal framework by which employers, employees and trade unions coexist and operate within the employment relationship. They include:
Fair Work Commission (largest government organisation) : an independent body that was established in 2010 by the Fair Work Act 2009 (Cth). The Commission’s primary functions include
- settlements of industrial disputes -(conciliation) or arbitration
- determine minimum wages
- federal court of aus
- workplace gender equality agency
society influence
- workplace must be reflective of behaviours and beliefts upheld within society
current legal framework
what are the rights and obligations of employees
duty to obey lawful instructions/commands (folllow supervisors/senior management)
duty to work with skill
(expected that employee will perform task to best ability)
duty to disclose relevant info
(health issues disclosed as precautionary measure)
what are the responsibilites and obligations of employers
duty of care (provide safe & healthy workplace)
duty to pay agreed wage: law prohibits employees being paid less than award wage
duty to provide work: provide constant source of employment
-must provide employee opportunity to leave if no labour required
what are the minimum employment stds
set out in NES –> applying to workplace relations system
what are atleast 3 minimum workplace entitlemnts (NES)
max hours a week : 38 hours
annual leave: four weeks paid leave/year
community service leave : unpaid leave for voluntary emergency sctivites (jury service)
public holidays (paid day off due to public)
what are minimum wage rates
Employee’s minimum rate of pay for hours worked
* Minimum wages are reviewed under fair work commission
* Federal minimum wage as of 2024 is $23.23/hour
modern awards?
are legally binding documents that define working conditions, set wage rates and non-wage entitlements for all employees working in a particular industry.
- 122 modern awards under NES & national min wage rates
pros/cons of modern awards
sets a minimum (justice)
-protects employees from exploitation
con- prevents recognition of indiviudal initiative as all employees paid same (some work harder/others r lazy on days)
what r enterprise agreements
a negotiated agreement about paying conditions of employment between an employer and a group of employees or a trade union.
* It offers broader terms and conditions than a modern award and can either replace a modern award or act as an ‘add on agreement.’
-must be approved by fair work comission using BOOT approach
what is worker health and safety
employers and employees have rights/responsibilites in regard to safetty in workplace/minimise potential risks
set under work health and safety act 2011
