staffing and performance Flashcards
what is human resource management?
the effective management of the formal relationship between employer and employee. Includes the department’s responsibilities for managing employees.
4 main phases of the employment cycle
attract
develop
maintain
terminate
1 attract
shapes potential employee’s overall perception of the company, acts as a strong motivator or detractor.
2 develop
essential to keep an employee engaged w the company over time, includes professional growth and preparations for more responsible jobs int he company and securing their future.
3 maintain
keeping top employees and ensuring they are happy and sufficiently challenged in their respective roles in the team. If the culture in the organisation if poor it eventually leads to a high turnover rate and face replacement costs regularly.
4 terminate
understand why employees leave is a key part for ensuring success in the future.
4 ways of termination
terminated- fired
resigned- voluntary leave
retired- voluntary leave
redundant- business can no longer provide employee with a position.