Stakeholders in the Human Resource Management Process (HSC SSCE Business Studies): Flashcards
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Practise the cards
10 cards from this deck
Stakeholder definition
Stakeholder definition
Individual/group with common interest in/affected by org actions
Six main HRM stakeholders
Six main HRM stakeholders
Employers, employees, employer assocs, unions, govt, society
Employer definition
Employer definition
Controls employees, pays wages/salaries, power to dismiss
Churning (employment)
Churning (employment)
Moving frequently from one job to another in different orgs
Employer association
Employer association
Organisation that represents and assists employer groups
Trade union
Trade union
Org formed to improve wages/working conditions of members
Current union membership % in Australia
Current union membership % in Australia
14% of workforce
Union membership peak (year and %)
Union membership peak (year and %)
51% in 1976
Fair Work Act 2009 purpose
Fair Work Act 2009 purpose
Established national framework for industrial relations
% of workers employed by Australian govt
% of workers employed by Australian govt
Almost one-third of Australian workers