Establishment
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Uncorrected sample pages • Cambridge University Press • © Somers, Cain, Jeffery 2011 • 978-1-107-63549-4 • Ph 03 8671 1400
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Strategic business objectives Human resources planning Employment cycle Maintenance Termination
What’s ahead
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ManageMent of the eMployMent cycle
PL demand and supply of labour, succession planning and the overall management of the three phases of the employment cycle: establishment, maintenance and termination.
Key Knowledge
Students will learn the following about management practices and processes associated with the key phases of the employment cycle:
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– Establishment phase – human resource planning related to business strategy – job analysis and job design – types of recruitment methods and selection processes – employment arrangements and remuneration – Maintenance phase – induction – training and development – recognition and reward – performance management – Termination phase – termination management, including entitlement and transition issues.
The role of human resource management is to ensure that business strategy is followed when developing and implementing human resource process and practices. It involves long-term (strategic) decisions relating to forecasting
Uncorrected sample pages • Cambridge University Press • © Somers, Cain, Jeffery 2011 • 978-1-107-63549-4 • Ph 03 8671 1400 203
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area of study
the human resource management function
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1
Three phases of the employment cycle
1 Establishment phase – HR planning – Job analysis and job design – Recruitment – Selection – Employment arrangements – Remuneration 2 Maintenance phase – Induction – Training and development – Recognition and reward – Performance management 3 Termination phase – Termination management – Entitlements – Transition issues
figure 10.1 Three phases of the employment cycle
The employment cycle is the process of anticipating the current and future demand for workers