VCE BUSINESS MANAGEMENT
UNIT 4
CHAPTER 6
1
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)
2
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
3
Indirect benefits may be called ‘fringe
benefits’
EMPLOYER
ARRANGEMENTS &
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.
4
Superannuation payments start at $450 per
month.
EMPLOYER
ARRANGEMENTS &
REMUNERATION
Employment Packages:
Part of the idea of attracting and
maintaining good employees.
Includes monetary payments, fringe
benefits (school fees, house, car etc)
5
Employers with good packages become
Employers of Choice.
EMPLOYER
ARRANGEMENTS &
REMUNERATION
Employer of Choice:
Employees and job seekers actively seek
them out for their careers.
Google
Virgin Blue
Rip Curl
6
Ramsay Health Care
EMPLOYER
ARRANGEMENTS &
REMUNERATION
What makes an Employer of Choice?
 Good management team
 Share plans for employees
 Training leading to career development
 Flexibility
 Open communication
7
 Above average pay
EMPLOYER
ARRANGEMENTS &
REMUNERATION
Employer of Choice: Textbook Choices
Berri – good training
Crown – Extensive training
Commonwealth Securities – high achiever
Johnson & Johnson – performance
bonuses
8
Sara Lee – extra holidays
EMPLOYER
ARRANGEMENTS &
REMUNERATION
Employer of Choice:
9
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.
10
Can not take away your rights under
common law eg: safety, illegal activities or
unconscionable conduct.
EMPLOYMENT CONTRACT
Unconscionable conduct:
11
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
12
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.
13
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
14
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.
15
Used for managers or professionals.
INDUCTION OF EMPLOYEES
Mentor – a person who acts as a role
model, provides advice and assistance.
16
- 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.
17
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.
18
Mentoring programs – becoming popular
INDUCTION CHECKLIST
Refer to the induction checklists on pages 174
– 175