U3 AOS2 - definitions Flashcards

1
Q

human resource management [HRM]

A

the area of a business that is responsible for managing the relationship between employees and the business, in order to achieve objectives.

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2
Q

motivation

A

the drive a person has to work hard towards the **achievement of business or personal goals. **

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3
Q

Locke and Latham’s goal setting theory

A

a theory of motivation that focuses on the process of setting and attaining goals.

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4
Q

performance related pay (pfp)

A

a financial reward to employees whose work has reached or exceeded a set standard.

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5
Q

career advancement

A

promoting employees to positions that include more responsibility and more pay.

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6
Q

investment in training

A

the process of enhancing employee’s knowledge and skills to help them perform better in their job.

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7
Q

support

A

designed to show care, encouragement and acknowledgement for employees’ work.

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8
Q

sanction

A

penalties for poor performance or disobeying a policy

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9
Q

training

A

the process of improving an employee’s skills and knowledge so that they are able to perform their job more efficiently and effectively.

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10
Q

on the job training

A

training that occurs at the workplace and often involves completing a task

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11
Q

off the job training

A

training that occurs away from the workplace in a more formal environment

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12
Q

performance management

A

the process used to evaluate and improve individual and business performance.

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13
Q

management by objectives

A

a performance management strategy where managers and employees establish,** measure and monitor** goals together for a specific period

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14
Q

performance appraisals

A

measures how well an employee has performed their job, provides feedback to employees and establishes plans to improve performance

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15
Q

self evaluation

A

an employee self-assesses both their performance related to criteria and their contribution to the team

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16
Q

employee observation

A

feedback is received from a variety of sources that witness an employee during their daily work. One form is 360 degree feedback, where feedback is collected from a variety of people the employee deals with

17
Q

termination

A

results of decisions made by either the employer or employee to end the employment contract and relationship

18
Q

resignation

A

voluntary termination that occurs when an employee leaves the workplace, usually to go to another job

19
Q

retirement

A

voluntary termination where an employee decides to leave the paid workforce

20
Q

redundancy

A

voluntary or involuntary termination of employment by an employer because it no longer needs a particular job to be done by anyone** or needs fewer people to do a particular type of job**

21
Q

dismissal

A

involuntary termination of an employment contract due to an unacceptable behaviour or performance

22
Q

workplace relations

A

workplace relations is the relationship between employers and employees in determining wages, conditions and methods of resolving disputes should they arise.

23
Q

employee

A

an employee is a person working for another person or business for a salary.

24
Q

union

A

a union is an organisation formed to represent and protect the rights of workers in a particular industry

25
Q

employer association

A

is an organisation that provides a range of advice to businesses and represent their interests in workplace relations issues

26
Q

human resource manager

A

is the management of the overall relationship the business has with employees in order to increase both the efficiency of employees and the business.

27
Q

fair work commission

A

The Fair Work Commission [FWC] is Australia’s national workplace relations tribunal. Its role is to assist employers to maintain fair and productive workplaces.

28
Q

award

A

sets out the** minimum pay rates and conditions** for those in a **particular industry. **

29
Q

enterprise agreement

A

results from negotiations between an employer and union and is ratified by the Fair Work Commission, setting out the terms and conditions of employment at a workplace.

30
Q

individual contract

A

sets out wages and conditions agreed between a single employee and a business.

31
Q

dispute

A

a workplace disagreement between employees or between employees and employer

32
Q

dispute resolution process

A

is a formal systematic procedure that permits employees to complain about matters that affect them and their work.

33
Q

mediation

A

an independent third party facilitates discussion between two parties to help them reach their own agreement

34
Q

arbitration

A

where both parties put their case forward to an independent third party who then makes the final decision which is binding