key business functions: human resources
acquisition
attracting and recruiting the right staff for roles in a business
separation
ending of the employment relationship
external recruitment
filling job vacancies with people from outside the business
development: induction
introduce employees to processes and procedures to build connectedness including mentors
internal recruitment
involves filling job vacancies with present employees, rather than looking outside the business
employment contracts
is a legally binding, formal agreement between an employer and an employee - administered by fair work commission - award (modern award) - enterprise bargaining agreement or multi-business agreement - common law contract
recruitment
process of finding and attracting the right quantity and quality of staff to apply for employment vacancies or anticipated vacancies.
development: training
process of teaching staff how to perform their job more efficiently and effectively by boosting their knowledge and skills
human resources
the effective management of the formal relationship between the employer and the employees.
voluntary separation
when an employee chooses to leave the business of their own free will
involuntary separation
when an employee is asked to leave the business against their will