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HR and Finance
Descripción
Bus Man Mapa Mental sobre HR and Finance, creado por Callum McCadden el 10/04/2014.
Sin etiquetas
bus man
bus man
Mapa Mental por
Callum McCadden
, actualizado hace más de 1 año
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Creado por
Callum McCadden
hace alrededor de 10 años
27
0
0
Resumen del Recurso
HR and Finance
Human Resources
Identify a job vacancy
Ensuring a vacancy does exist
Job analysis
Vacancy looked in detail. Tasks, duties and responsibilities identified
Job description
Contains information regarding: Tasks, duties, responsibilities, pay, working hours, holiday entitlement and any other benefits
Person Specification
Skills, qualities, qualifications and experience the business wants. Essential/ Desirable
Advertise the job
Internally or externally
Send out applications
Can be CV or application form or both.
Best applicants are short listed:
References are inquired into
Interview given
May even have a test
Training
Induction
On the job
Off the job
Motivation
Overtime
Bonus
Commission
Offering flexible working practices
Offering training oppurtunities
Team exercises
Working practices
Part time
Temporary contracts
Homeworking
Flexitime
Job share
Condensed hours
Industrial action
Strike
Work to rule
Sit in
Go slow
Overtime ban
Boycott
Demonstration
Legislation
Equality Act
National Minimum Wage Act
Health and Safety at work Act
Data protection act
Finance
Sources of Finance
Bank Loan
Family and Friends
Government grants
Bank Overdraft
Hire/ Purchase
Mortgage
Break even
When Total Costs (TC) = Total Revenue(TR)
Technology is sued to calculate financial infromation. E.G Microsoft Excel
Record cost information and calculate break even
Prepare cash budgets
Calculate Profit
Create graphs sowing income and expenditure
Prepare information that can be exported into other office environments
Cash budgeting
A Cash budget helps improve cash flow by detailing where the money goes
Profit statements
Gross profit: the profit from buying and selling
Net profit: the profit after adding other income and subtracting expenses
Statement calculating gross profit minus expenses to make net profit
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