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Flashcards

employment cycle

Mickael P Economics and Business Year 11 English 22 cards

Cards in this deck (22)

  1. 1what r the stages of business(all dogs must sit)
    acquisition, development, maintenance and seperation
  2. 2what is the acquistion processesstaffing needs - recruitments - selection
  3. 3what is acquistionpracticing the need for staff and directing the best employees to meet business goals
  4. 42 sub features of staffing needsexisting workforce
    future needs
  5. 5what is existing workforceexisting workforce is the hr manager who constantly analyses the workforce and considers their numbers, location, productivity and skills.
  6. 6what is future needsfuture needs is the question of what is our sales/production goals and budgets? what can our competitor analysis allow us to make about our future needs ? what is the labour market going too look like? questios like this
  7. 7what is the recruitmentonce a need for staff or new position has been identified, the business will start to look for new staff, this involve external or internal recruitment.
  8. 83 steps for recruitment1. create a job title and description
    2, outline the pre requisites and selection criteria for the successful candidate
    3. provide a contact address to submit applications to and set a closing crate
    4. successful candidates will be contended for follow up interviews during selection process
  9. 9what is selectionthis stage involves screening and filtering out candidates that dont meet the criteria
  10. 103 steps to create a shortlist of names for further steps1. conduct interviews or digitally
    2. conduct background checks (including social media) and market references
    3. advise all applicants of outcome and begin preparing successful candidate for new position
  11. 11what is developmentassisting new employees to fit into the business and provide them with suppory
  12. 12what is inductionevery activity that familiarise a new employee with the workplace.
  13. 13what is trainingactivites to ensure that an employee has the required knowledge and skills to perform their role
  14. 14what is maintenanceproviding employees with the workplace conditions, support and incentives that were promised in th ejob description and employment contracts.
  15. 15what is agreementagreement refers to the workplace agreements established through collective bargaining of employees in the workplace industry wide or cover a specific workplace.
  16. 16what is contractsrefers to specific arrangements about the conditions of employment made between the employee and employer. Legally binding and cover aspects such as pay rates, leave entitlements and working hours.
  17. 17what is performance managementtype of formal performance appraisal between an employee and their manager.
  18. 18what is seperationfinal stage of the employment cycle where an employee finishes their time of the business
  19. 19what is retirementpoint in time where an employee stops their full time or partime work with intention to no logner work.
  20. 20what is resignationwhen an employee resigns they quit the org they work for
  21. 21what is retirementprocess whereby an employyees job is no longer required
  22. 22what is dismissala process where an employee contract will be terminated with the business due to performance or other issues.

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Year 11 Economics and Business (Unit 1) Flashcards on employment cycle, created by Mickael P on 20/03/2024.
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Mickael P
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