business management
what is Lawrence and nohrias 4 drive theory
a theory of motivation
involves 4 fundamental desires
drive to aquire, drive to bond, drive to learn, drive to defend
what are motivation strategies
performance related pay
career advancement
investment in training
support
sanction
what is on the job training
training employees within the business
can include being coached, hiring external trainers
what is off the job training?
employees training somewhere external to the business.
can access more professional instruction, advice, training etc
what is management by objectives
managers and employees setting individual goals that contribute to the achievement of broader business objectives
whats the process of management by objectives?
1. define business objectives
2.collaboratively set individual goals
3. evaluate employee performamce on achievement of these goals
4. provide feedback for future improvement
self evaluation as performance manager
employee assessing their own performance
employee observation as performance manager
employees from differing levels of authority assessing anothers performance
termination management?
process whereby a business ends its employment contract with an employee
retirement
an employee deciding to leave the workforce permanently as they no longer wish to work.
redundancy
insufficient work or their job no longer exists
resignation
an employee leaving voluntarily
dismissal
involuntary termination of an employee who fails to meet required work standards or has bad behaviour
entitlement considerations
legal obligations an employer owes to its employees following the termination of their employee contract
includes
annual leave, redundancy pay, notice of termination
justifiable reasons
transition considerations
social+ ethical practices that a manager can consider implementing when terminating employment
participants of a workplace
human resource manager
employees
employer associations
unions
fair work comission
awards?
legal documents that outline the minimum wages and conditions of work for employees across and entire industry, also mau be referred to as an industry award
agreements?
legal documents that outlines the wages and conditions of employees and are applicable to a particular business or group of businesses.
mediation
an independent third party facilitating discussions between disputing parties to help each side reach a resolution themselves
arbitration
independent third party hearing out arguements from disputing parties and making a legally bindibg decision to resolve the conflict