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TOPIC 4 - HUMAN RESOURCES

Role
Influences
Processes
Strategies
Effectiveness


​Role of human resource management

• strategic role of human resources 
• interdependence with other key business functions 
• outsourcing
- human resource functions
- using contractors - domestic, global 

Key influences

• stakeholders – employers, employees, employer associations, unions, government organisations, society
• legal - the current legal framework 
– the employment contract – common law (rights and obligations of employers and employees), minimum employment standards, minimum wage rates, awards, enterprise agreements, other employment contracts 
– occupational health and safety and workers compensation 
– antidiscrimination and equal employment opportunity
• economic
• technological
• social – changing work patterns, living standards 
• ethics and corporate social responsibility

Processes of human resource management

• acquisition 
• development 
• maintenance 
• separation

Strategies in human resource management

• leadership style 
• job design – general or specific tasks 
• recruitment – internal or external, general or specific skills 
• training and development – current or future skills 
• performance management – developmental or administrative 
• rewards – monetary and non-monetary, individual or group, performance pay 
• global – costs, skills, supply 
• workplace disputes 
– resolution – negotiation, mediation, grievance procedures, involvement of courts and tribunals

Effectiveness of human resource management

• indicators 
– corporate culture 
– benchmarking key variables 
– changes in staff turnover 
– absenteeism 
– accidents 
– levels of disputation 
– worker satisfaction
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  • Home
  • About
    • About
    • Education Blog
    • Writing Blog
  • Case Studies
  • Courses
  • HSIE Resources
    • HSC Business Studies >
      • Operations >
        • Role of operations management
        • Influences
        • Processes (overview) >
          • Inputs
          • Transformation processes
          • Outputs
        • Strategies
      • Marketing >
        • Role of marketing
        • Influences
        • Process
        • Strategies
      • Finance >
        • Role of Financial Management
        • Influences
        • Processes
        • Strategies
      • Human Resources >
        • Role of human resource management
        • Influences
        • Processes
        • Strategies
        • Effectiveness
    • Preliminary Business Studies >
      • Nature of Business >
        • Role of business
        • Types of businesses
        • Influences
        • Business growth and decline
      • Business Management >
        • Nature of management
        • Management approaches
        • Management process
        • Management and change
      • Business Planning >
        • SMEs
        • Influences
        • Business Planning Process
        • Critical Issues
    • Economics >
      • Introduction to Economics >
        • The nature of economics
        • The operation of an economy
      • Consumers and Businesses >
        • Businesses
      • Markets >
        • Demand
        • Supply
        • Market equilibrium
        • Market structures
      • Labour Market >
        • Demand and supply of labour
        • Labour market trends
      • Economic Issues >
        • Economic growth
        • Unemployment
        • Inflation
        • External Stability
        • Distribution of Income and Wealth
        • Environmental Sustainability
    • Society and Culture >
      • Course Framework
      • Research Methods
      • P1: Social and Cultural World
      • P2 Personal and Social Identity
      • P3: Intercultural Communication
      • PIP
      • H1: Social and Cultural Continuity and Change
      • H2: Popular Culture - Social Media
      • H3: Equality and Difference
    • Geography (old syllabus) >
      • Coastal Management
      • Urban Growth and Decline
      • Human Rights
  • Contact