Environment – Good HR policies and practices/ competent supervision/ congenial colleagues/ safe and healthy work environment/ fair treatment/ opportunities for learning and development/ open communication Fixed compensation:
WEEK8- INDUSTRIAL RELATIONS RULES PARTICIPANTS INSTITUTIONS AND PROCESSES Market transaction: Basically, the employer buys the employees capacity to work, but has no guarantee that the worker will use the capacity to work productively. Production relation: employers try to ensure than employees try to work on their agreement as hard as promised.
EMPLOYMENT CONTRACT (COMMON LAW):
it’s important to draft the right contract. It underpins every employment relationship. • Express terms o Explicitly discussed or recorded • Implied terms o Imported by common law o Decisions and precedents made by judges/ court • Written contracts required in many countries Statute (Legislation):
The main act governing employee legislations is the fair work act Modern awards: Enterprise agreements:
One of the key ways where employees have attained voice is thru unions. How can employees shape the rules that regulate their employment? Unions provide one means of employee representation. Unions are: “collections of workers who have freely combined in order to better represent their interests to their employers, or their interests as workers with other persons or bodies”.
WEEK9- INTERNATIONAL HRM CULTURE INSTITUTIONS MNC STRATEGY AND HRM MANAGING EXPATRIATES international HRM: how to manage international work forces The main aim of international HRM is understanding the HRM practices of multinational companies. Culture is enduring, it is shared, and it is intangible. So, if we accept that there are cultural differences around cross countries, how can multinational firms navigate those differences?
there are different ways of studying culture, the best way is probably through Hofstede’s cultural dimensions.
We know that culture have a powerful effect on communication WEEKS 12- EVALUATING HRM PURPOSES OF EVALUATION METRICS SURVEYS, EXIT INTERVIEWS, (didn’t finish copying)
- One '14
- Human Resource Management, HRM, Summary, Final Notes, consultant, Revision Sheet, Job Analysis, HRM Summary, MGMT20004