100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Human Resource Management

Rating
-
Sold
-
Pages
7
Grade
A+
Uploaded on
18-06-2024
Written in
2023/2024

Human Resource Management

Institution
Course









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Study
Course

Document information

Uploaded on
June 18, 2024
Number of pages
7
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

Human Resource Management:
Summary
role of human resource management - correct answer-• strategic role of human resources
• interdependence with other key business functions
• outsourcing
• human resource functions
• using contractors - domestic, global

Strategic role of human resources - correct answer-Human resource management's strategic
approach that incorporates all aspects of managing the employer-employee relationship in
the workplace. It includes functions such as recruitment, equal opportunity, training,
development, separation and how they can be aligned to achieve business goals. Over the
next decade, the major strategic challenges for human resource management include the
challenges of developing and retaining talent staff, improving leadership development,
managing the ageing workforce and succession planning.

Interdependence with other key business functions - correct answer-The HRM's team's
function depends on not only the size but the nature of the business, as well as the industrial
action and unionisation in the industry or business. In larger businesses the human resource
team or manager is responsible for all these functions, where as in a smaller business the
general manager and employees may share these responsibilities.
HR-> Marketing: In recruitment HR need to specify what employee needs to be found so that
marketing can market to find this person.
HR-> Finance: paying employees and the amount of employees in the business
HR->Operations: Employing employees to operate the business or contractors.

Outsourcing
• human resource functions
• using contractors - domestic, global - correct answer-Globalisation and technology have
impacted the outsourcing process of HR.
One of the most growing functional areas for outsourcing is HR. It is increasingly common
within small and medium sized businesses to outsource the HR process. Outsourcing allows
firm to focus on other key business functions by planning for growth, development and
management of staff during this phase.
Contracting is generally recommended for non-core functions of a business. Outsourcing
maintenance to avoid industrial problems led to a loss in competitive advantage.
Domestic subcontracting is very common today and avoids the need to employ additional
"in-house" staff, along with all the overhead expenses. This allows business to focus on core
business functions, leaving some of the detailed support or compliance-related activities to
experts, such as a payroll management or order fulfilment. But it does carry risks such as
potential loss of direct customer contract, which could impact on sales over the longer term.
Global subcontracting: Outsourcing as a first step toward operating in a new market
overseas, to get acquainted with market needs before expanding with greater presence in
the market. Global outsourcing carries some risks, these include difficulty controlling the

, quality and reliability of the service, cultural differences, and well-qualified staff may be
replaced with less- qualified staff, causing the quality to decline.

Key Influences on Human Resource Management - correct answer-• stakeholders -
employers, employees, employer associations, unions, government organisations, society
• legal - the current legal framework
• the employment contract - common law (rights and obligations of employers and
employees), minimum employment standards, minimum wage rates, awards, enterprise
agreements, other employment contracts
• work health and safety and workers compensation
• antidiscrimination and equal employment opportunity
• economic
• technological
• social - changing work patterns, living standards
• ethics and corporate social responsibility

Stakeholders - employers, employees, employer associations, unions, government
organisations, society - correct answer-Stakeholders have a common interest in the survival
and success of the business. However, not all interests are shared and conflict may arise
due to competing interests and differences.
Employers and managers handle HRM issues on a daily basis. Employer's responsibilities
are increasing due to the recent legislation encourages them to negotiate agreements and
resolve disputes at the individual workplace. Under this legislation employers have gained
more power to make agreements relevant to the individual workplace or enterprise.
Employees are more educated than in past times. The structure of work has changed over
time and this has affected employee's access to work. Many unions have responded to
employee fears and have addressed employment issues such as job security and limitation
on the use of casuals.
Employer associations were created by employers as a counter party to unions, to represent
employers in the making of awards through conciliation and arbitration systems. Their main
role is to act on behalf of employers in collective bargaining sessions before industrial
tribunal courts, commissions and committees. These included organisations such as
Australian Chamber of Commerce and Industry (ACCI), Australian Industry Group (Ai
Group).
Trade unions are organisations formed by employees in an industry, trade or occupation to
represent them in efforts to improve wages and the working conditions of members. Unions
play a powerful role in HR. Membership for trade unions has declined dramatically over the
last decades at a global level in response to many factors including the shift to less
hazardous work in the increasingly dominant service sector.
Government: to simplify industrial relations and improve efficiency, a national system of
industrial relations has been created since 2007 under the labour government.

Legal - the current legal framework
• the employment contract - common law (rights and obligations of employers and
employees), minimum employment standards, minimum wage rates, awards, enterprise
agreements, other employment contracts
• work health and safety and workers compensation

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
topgradesdr Jackson State University
Follow You need to be logged in order to follow users or courses
Sold
1540
Member since
1 year
Number of followers
9
Documents
16544
Last sold
2 days ago
TOPGRADES DOCTOR

Hi there! I'm an experienced academic professional specializing in exam preparation, test banks, and assignments. Whether you're gearing up for a big test, looking for top-notch study guides, or need expertly crafted assignments, I've got you covered. My materials are: Accurate and Comprehensive: Designed to help you excel in your studies. Tailored to Your Needs: Covering various subjects with real exam-style questions and solutions. Time-Saving: Concise, easy-to-understand resources to help you study smarter. Let me help you achieve your academic goals with confidence!

Read more Read less
4.8

288 reviews

5
251
4
22
3
7
2
2
1
6

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions