Human+Resource+Management

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 * HRM Overview**





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 * Employer of Choice**

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 * Work-Life Balance**

Youtube clip: [|www.youtube.com/watch?v=TCyvQXXzoZs]
 * Employment Cycle**
 * [[file:Employment Cycle.pptx]]

Phases of the cycleThe employment cycle involves an organisation determining its employment needs in line with its business strategyfor the future. This cycle has THREE identifiable phases -

Stage 1 Establishment
 * Planning identifying staffing needs, conducting job analysis
 * Recruitment attracting people to apply for the position from external sources or from internal or existing pool of people
 * Selection process of selecting a suitable applicant from the pool

Stage 2 Maintenance
 * Induction and training teaching employees new skills, devising new training packages to develop new skills
 * Skills inventory compiling a data base of existing skills of employees
 * Monetary benefits setting pay rates and financial compensation
 * Non-monetary benefits fringe benefits

·  Stage 3 Termination  Voluntary dealing with people who leave of their own accord  Involuntary dealing with people who are asked to leave
 * retirement
 * resignation
 * retrenchment
 * <span style="font-family: "Times New Roman","serif"; font-size: 16px;">dismissal


 * Recruitment Process**
 * Maintenance**
 * Termination**