refers to the formal management of the relationship between employees and the employer
motivation
is the willingness of an individual to expend energy and effort in completing a task
maslows hierarchy of needs
is a motivational theory that suggests people have 5 fundamanetal needs & their sequential attainment of each need acts as a source of motivation. once a need is satisfies- it no longer has the effect of motivating employee behaviour
physiological need
the essentials/basics of life including food, water & shelter
safety needs
physical & emotional wellbeing
social needs
belonging and forming connections
esteem needs
feeling recogntion and being rewarded
self-actualisation
fulfilling ones full potential
four drive theory
is a motivational theory that suggests that people strive to balance 4 fundamental desires
drive to bond
the need to form relationships with others & gain a sense of belonging
drive to acquire
the desire to own material goods & to obtain greater status, power & influence
drive to learn
seeking new skills & a greater understanding of the world and how it works
drive to defend
desire to remove threats to safety & security & defending what one considers to be theirs, such as their job & integrity. this drive is unique as it is a latent drive which only becomes active in the face of a threat
goal setting theory
is a motivational theory that states that employees are motivated by clearly defined goals that fulfil 5 key principles. the 5 key principles are clarity, challenge, commitment, task complexity and feedback.
performance related pay
a financial reward that employees recive for achieveing or exceeding a set target or objective
career advancement
the assignment of more responsiblites to employees or the promotion of employees to postions that bring rewards, such as increased salary, fringe benefits & increased responsibilities
investment in training
allocating recources to imporve employee skills & knowledge
support
assistance or service provided by the business to help employees cope with difficulties that may impede their work perfromance
sanction
penalising employees for poor performance or breaching business policies
intrinsic motivtation
engaging in behaviour because it is personally rewarding; essentially, performing an activity for its own sake rather than the desire for some external reward
extrinsic motivation
occurs when a person is motivated to perform a behaviour or engage in an activity to earn a reward or avoid punishment
training
involves the learning of new skills & knowledge
on-the-job training
involves employees improving their knowledge & skills while at the workplace
off the job training
involves employees improving their knowledge & skills in a location external to the business
performance management
involves a focus in improving both business and individual performance through relating business performance objectives to individual employee performance objectives
management by objectives
involves both managers and employees collaboratively setting individual employee goals that contribute to the achievement of broader business objectives
performance appraisal
involves a manager assessing the performance of an employee against a range of criteria, providing feedback & establishing plans for future improvements
self evaluation
involves an employee assessing their individual performance against a set of criteria
employee observation
involves a vareiyt of people from different levels of authority assessing an employees performance against a set of criteria (aka 360 degree feedback)
termination
is the ending of the employment of an employee
retirement
involves an employee voluntarily leaving the workforce permanently as they no longer wish to work
resignation
involves an employee voluntarily terminating their own employment, usually to take another job position elsewhere
redundancy
involves an employee no longer working for a business because there is insufficient work or their job no longer exists
dismissal
involves the involuntary termination of an employee who fails to meet required work standards or displays unacceptable or unlawful behaviour
entitlement considerations
the rights to benefits that employees have when leaving the workplace, either on a voluntary or an involuntary basis
transition considerations
issues relating to the process of changing from one job to another or from one set of circumstances to another
awards
is a legally binding document determined by the FWC which sets out the minimum pay & working conditions for employees within a particular industry or occupation
agreements
is a legally binding document which sets out the minimum pay & working conditions for a group of employees at a workplace negotiated between employees & their representatives & the employer
employees
are individuals who are hired by a business to complete work tasks and support the achievement of its objectives.
human resource manager
individuals who coordinate the relationship between employees and management within a business.