HomeBusiness Studies Grade 12 Summary NotesHuman Resources Function Business...

Human Resources Function Business Studies Grade 12 Study Notes

The human resources function is an essential part of any business, as it is responsible for attracting, developing, and retaining a talented workforce. In order to achieve this goal, the human resources function is responsible for several key activities, including recruitment, selection, induction, placement, fringe benefits, and compulsory benefits. Human Resources Function Business Studies Grade 12 Study Notes

Topics under Human Resources Function

  • Introduction to Human Resources Function
  • Human Resources Activities
  • Recruitment
  • Selection
  • Interviewing
  • Placement and Induction
  • Determining Employee Salary
  • Acts related to Human Resources in South Africa

The Human Resources Function in a Business (Summary):

An Overview of Recruitment, Selection, Induction, Placement, Fringe Benefits, and Compulsory Benefits

Recruitment

Recruitment is the process of attracting and selecting individuals for employment within an organization. The recruitment procedure typically involves several steps, including job analysis, screening, interviews, reference checks, and selection. There are two types of recruitment, internal and external, and the impact of each type depends on various factors, such as the size of the organization and the availability of candidates.

Selection

Selection is the process of choosing the best candidate for a job based on the information gathered during the recruitment process. The selection procedure typically involves screening, interviews, and reference checks. During the interview, the interviewer should assess the skills, knowledge, and experience of the candidate, while the interviewee should be prepared to answer questions and ask questions about the job and the organization.

Employment Contract

An employment contract is a legally binding agreement between an employer and an employee that outlines the terms and conditions of employment. The employment contract should comply with applicable laws and should include details such as the job description, compensation, and benefits.

The employment contract may be terminated for various reasons, including resignation, retirement, poor performance, misconduct, and mutual agreement.

Induction

Induction is the process of introducing new employees to the organization and familiarizing them with the company culture, policies, and procedures. The purpose of induction is to help new employees settle into their role, feel welcomed, and start contributing to the organization as quickly as possible. The induction programme should include various aspects, such as a tour of the workplace, an introduction to the team, and a review of the company policies and procedures.

Placement

Placement is the process of matching the skills and experience of employees with the needs of the organization. The placement procedure should take into account the skills and experience of the employees and the requirements of the organization. Training and skills development are important aspects of human resource management (HRM) as they help employees to improve their skills and contribute to the organization more effectively.

Fringe Benefits

Fringe benefits are benefits that are provided in addition to an employee’s salary. There are two types of fringe benefits, piecemeal and time-related, and the link between salary determination and the Basic Conditions of Employment Act (BCEA) is important to consider when determining the level of benefits to provide.

Compulsory Benefits

Compulsory benefits are benefits that are required by law, such as the Unemployment Insurance Fund (UIF). In addition to compulsory benefits, employee benefits may include pension, medical aid, provident fund, and allowances. Fringe benefits have both advantages and disadvantages for the business, and it is important to consider the implications of acts such as the Labor Relations Act (LRA), BCEA, Employment Equity Act (EEA), and Skills Development Act (SDA) on the human resources function.

Recruitment, selection, induction, placement, fringe benefits, and compulsory benefits are important aspects of business studies. Understanding these concepts and their practical applications can help students to develop the skills and knowledge needed to contribute to the success of organizations.

Related blog posts

Selection Business Studies Grade 12 Study Notes

Selection Business Studies Grade 12 Study Notes. The selection process is a critical step in the recruitment process that involves evaluating and assessing candidates to determine their suitability for the job. Selection Procedure: Step by...

Quality of Performance Business Studies Grade 12 Study Notes

Quality of Performance Business Studies Grade 12 Study Notes. A quality management system (QMS) is a structured approach to ensuring that a company’s products or services meet or exceed customer expectations Topics under Quality of...

Leadership and Management Business Studies Grade 12 Study Notes

Leadership and Management Business Studies Grade 12 Study Notes. Learners will be able to learn, as well as practicing answering common exam questions through interactive content, including questions and answersTopics under Leadership and ManagementTheories of...

The role of Youth Economic Alliance

The role of Youth Economic Alliance Where lack of skills, poor access to finance and markets hinder business growth, the Youth Economic Alliance addresses this by creating a conducive environment where it develops the ability to...

Accounting Grade 12 Textbooks Free Download

Accounting Grade 12 Textbooks Free Download. This stage of memory is limited in the amount of information it can retain. Information you receive in...

An Analysis of South African Businesses Types and Their Market Share

South African Businesses Types and Their Market Share. The South African economy, known for its diverse economic structure, hosts a plethora of businesses from...

Accounting Grade 12 Term 1 Revision Content And Revision Topics

Accounting Grade 12 Term 1 Revision Content And Revision Topics. This is for Accounting Grade 12 subject. The Grade 12 Accounting Term 1 study content will help you with your Accounting Subject Revisions,...

Accounting Grade 12 Internal auditor report on procedures and internal controls in a public company Guide

An internal audit report is usually used by internal management to improve the operations, processes, or policies of the company. An external audit report is...

How are Market Prices Affected by Unemployment in the Economy of South Africa

How are Market Prices Affected by Unemployment in the Economy of South Africa. On this page we discuss how market prices are affected by...

Reasons Why the Circular Flow is not an Accurate Reflection of Economic Reality

The circular flow is a theoretical model that illustrates how money, goods, and services flow through an economy. The model depicts households, firms, and...

Selection Business Studies Grade 12 Study Notes

Selection Business Studies Grade 12 Study Notes. The selection process is a critical step in the recruitment process that involves evaluating and assessing candidates...

Quality of Performance Business Studies Grade 12 Study Notes

Quality of Performance Business Studies Grade 12 Study Notes. A quality management system (QMS) is a structured approach to ensuring that a company’s products...

Leadership and Management Business Studies Grade 12 Study Notes

Leadership and Management Business Studies Grade 12 Study Notes. Learners will be able to learn, as well as practicing answering common exam questions through interactive content,...

The role of Youth Economic Alliance

The role of Youth Economic Alliance Where lack of skills, poor access to finance and markets hinder business growth, the Youth Economic Alliance addresses this by...

Types of Business Strategies Business Studies Grade 12 Study Notes

Types of Business Strategies Business Studies Grade 12 Study Notes. This study note on Types of Business Strategies for Grade 12 Business Studies covers...

Human Resources Activities Business Studies Grade 12 Study Notes

Human Resources Activities Business Studies Grade 12 Study Notes. Human Resources (HR) activities are critical to managing an organization’s human capital and ensuring that the...