VCE Business Management UNIT 4

VCE Business ManagementUNIT 4 Chapter 6 Managing the Employment Cycle Part 2

Work requirements • From 6.6 will relate to work covered in SAC 1B. • Read pages 170 • Activities on page 173, 175, 178, 185 • Chapter Review Questions • Extended Activity • Click View – My new job (adult) • Worksheet is on

EmployeR Arrangements & remuneration • Providing employment conditions that attract valuable employees and ensure they want to stay. • Remuneration – salary, wages, incentives, bonuses, commissions and indirect forms of financial benefits • Indirect benefits may be called ‘fringe benefits’

EmployeRArrangements & remuneration • Wages and Salary • Cash payments to employees under awards or contract / agreements • Award payments have provision for overtime at increased rates. • Salary payments are per annum and have no extra payments. • Superannuation payments start at $450 per month.

EmployeRArrangements & remuneration • Employment Packages: • Part of the idea of attracting and maintaining good employees. • Includes monetary payments, fringe benefits (school fees, house, car etc) • Employers with good packages become Employers of Choice.

EmployeRArrangements & remuneration • Employer of Choice: • Employees and job seekers actively seek them out for their careers. • Google • Virgin Blue • Rip Curl • Ramsay Health Care

EmployeRArrangements & remuneration • What makes an Employer of Choice? • Good management team • Share plans for employees • Training leading to career development • Flexibility • Open communication • Above average pay

EmployeRArrangements & remuneration • Employer of Choice: Textbook Choices • Berri – good training • Crown – Extensive training • Commonwealth Securities – high achiever • Johnson & Johnson – performance bonuses • Sara Lee – extra holidays

EmployeRArrangements & remuneration • Employer of Choice: • Research the internet this week and locate an employer of choice and report back next Monday

Employment Contract • A legally binding agreement. • May be interpreted in a court. • Can not take away your rights under common law eg: safety, illegal activities or unconscionable conduct.

Employment Contract • Unconscionable conduct: • Like misrepresentation, they relate to defective negotiations - something happened during the negotiating period which makes it unconscionable for one party to insist on the contract.

Employment Contract • Employment relationships between employers and the employees they hire are known as employment relationships. • The contract covers: • Working conditions • Payment • Hours worked

Employment Contract • Can be a verbal agreement with or without a handshake. • Written contracts are often more binding and can be enforced legally by the courts. • HR Managers often consult with legal expects before standardising contracts in their corporations.

Australian workplace agreements (AWA) • Individual contracts • Can be agreed to by groups (Collectively) • Signed individually • This is complex and often is in an industry and specifically relates to it.

Individual Employment Contracts • Cover employees - not on Federal Awards. • - not on State Awards. • Used for managers or professionals.

Induction of employees • Mentor – a person who acts as a role model, provides advice and assistance. • - hands out NRL rugby league balls

induction • Is a process and can take 30 minutes or weeks depending on the job, industry and location of the organisation or its operations. • This is the Induction Process. • The new employee gets to know the company by doing it. • May satisfy legal requirements.

induction • May be a way to reduce Lost Time Injuries. • May use an employee handbook. • Workmates and supervisors are introduced. • Safety procedures etc handed out. • Mentoring programs – becoming popular

Induction checklist • Refer to the induction checklists on pages 174 – 175

VCE Business Management UNIT 4