Revision - Business management and enterprise

The role of Human Resources is

• Recruitment and selection

• Auditing financial records

• Health and safety

• Marketing

The role of Human Resources is

• Training and development

• Human resource planning

• Organising strikes

• Migration services

Human Resources are valuable because

• They provide morning tea for workers

• Clearly outline work expectations and obligations

• Help employees find housing

• Reduce confusion and conflicts

The values of Human Resources is

• 1. Track business data

  2. Record-keeping

  3. Promoting business

• 1. Establish business networks

  2. Train employees

  3. Provide bonuses for excellent work

• 1 Provide legally binding platform for work conditions.

  2. Promote employee motivation.

  3.Communicate business goals.

• 1. Reduce employee turnover

  2. Marketing and advertising

  3. Charitable contributions

Employer obligations are

• 1. Making profit

  2. Acting in ethical way

  3. Reducing waste

  4. Training

  5. Paying correct wages

  6. Providing fringe benefits

  7. Evaluating cashflow data

• 1. Making environmentally friendly products

  2. Reduce pay inequality

  3. Provide safe workplace

  4. Pay for employee's education

  5. Develop business plan

  6. Enforce business laws

  7. Paying health insurance

• 1. OHS

  2. Attaining TFN

  3. Employing well trained staff

  4. Increasing profit margins

  5. Marketing strategy

  6. Ethical products

  7. Environmentally friendly policies

• 1. Legal obligations

  2. Superannuation

  3. WHS

  4. Taxation

  5. Leave entitlements

  6. Record-keeping

  7. Insurance

Job description is

• list of positions available in a business

• a brief summary of a particular job. It defines and describes the job role as it is actually performed

• a summary of employer's legal obligations

• a list of employee's knowledge, skills, qualifications and informal training.

Key features of job description are (6)