1. Make summary notes of the information below. Make sure you include the terms in bold.In human resource management, maintenance focuses on the processes needed to retain staff and manage their wellbeing at work. Maintenance of staff involves looking after staff wellbeing, safety and health, managing communications effectively, and complying with industrial agreements and legal responsibilities.Both Monetary and Non-Monetary Rewards are used to retain and maintain staffMonetary rewards are those reflected in pay or having financial value e.g. bonuses, pay rise, gifts, shares in the company, holidaysNon-monetary rewards- are those which do not have financial value e.g. praise, interesting jobs, positive feedback, peer recognition, more responsibilityBenefits - monetary and non-monetary. Typical benefits include flexible working arrangements, paid training opportunities, travel allowances, health insurance, subsidised gym membership, housing and company car.Maintenance can also be achieved through:Workplace Culture Staff ParticipationOffering Family-Friendly Programs that support work-life balance such as flexible job roles such as job sharing, multiskilling, telecommuting, part-time work and flexible working hours to suit family needs.Links to an external site. 2. Read Maintenance Processes to Retain Staff.Discuss how each of the following improves worker satisfaction - complete in your workbook. (Discuss requires you to - Identify issues and provide points for and/or against.)Workplace Culture Staff ParticipationFamily-Friendly Programs3. Read these TWO articles "An inside look at Google's best employee perks"Links to an external site. and Perks of Being a Google EmployeeLinks to an external site."Outline some ways in which Google rewards their employees - complete in your workbook
Question
- Make summary notes of the information below. Make sure you include the terms in bold.In human resource management, maintenance focuses on the processes needed to retain staff and manage their wellbeing at work. Maintenance of staff involves looking after staff wellbeing, safety and health, managing communications effectively, and complying with industrial agreements and legal responsibilities.Both Monetary and Non-Monetary Rewards are used to retain and maintain staffMonetary rewards are those reflected in pay or having financial value e.g. bonuses, pay rise, gifts, shares in the company, holidaysNon-monetary rewards- are those which do not have financial value e.g. praise, interesting jobs, positive feedback, peer recognition, more responsibilityBenefits - monetary and non-monetary. Typical benefits include flexible working arrangements, paid training opportunities, travel allowances, health insurance, subsidised gym membership, housing and company car.Maintenance can also be achieved through:Workplace Culture Staff ParticipationOffering Family-Friendly Programs that support work-life balance such as flexible job roles such as job sharing, multiskilling, telecommuting, part-time work and flexible working hours to suit family needs.Links to an external site. 2. Read Maintenance Processes to Retain Staff.Discuss how each of the following improves worker satisfaction - complete in your workbook. (Discuss requires you to - Identify issues and provide points for and/or against.)Workplace Culture Staff ParticipationFamily-Friendly Programs3. Read these TWO articles "An inside look at Google's best employee perks"Links to an external site. and Perks of Being a Google EmployeeLinks to an external site."Outline some ways in which Google rewards their employees - complete in your workbook
Solution
Summary:
In human resource management, maintenance is crucial for retaining staff and managing their wellbeing. It involves ensuring staff wellbeing, safety, health, effective communication, and compliance with industrial agreements and legal responsibilities. Staff retention and maintenance can be achieved through monetary rewards (bonuses, pay rise, gifts, shares in the company, holidays) and non-monetary rewards (praise, interesting jobs, positive feedback, peer recognition, more responsibility).
Benefits, both monetary and non-monetary, are also used. These can include flexible working arrangements, paid training opportunities, travel allowances, health insurance, subsidised gym membership, housing and company car.
Maintenance can also be achieved through fostering a positive workplace culture, encouraging staff participation, and offering family-friendly programs that support work-life balance. These can include flexible job roles such as job sharing, multiskilling, telecommuting, part-time work and flexible working hours to suit family needs.
The task also involves reading about maintenance processes to retain staff and discussing how workplace culture, staff participation, and family-friendly programs improve worker satisfaction.
Finally, the task requires reading two articles about Google's employee perks and outlining some ways in which Google rewards their employees.
Similar Questions
The Maintenance Function includes all of these activities EXCEPT:Question 18Select one:a.Maintain a safe working environment.b.Establish effective communication programs.c.Create a package of family-friendly benefits.d.Build a strong culture.e.Increase employee turnover.
importances of Human Resource Management
Which component of HRM plays a vital role in ensuring employees maintain a work-life balance? Compensation and benefits Performance appraisal systems Recruitment and selection Employee relations and engagement initiatives
Workers need incentives and rewards to motivate them towards performing better in their positions. Though they already earn from their jobs, rewards might motivate them even further. Therefore, the HR department invests in career opportunities, work-life balance, employee recognition, employee relations, culture, and status to reward employees.
All the following statements accurately describe staff retention practice except:Group of answer choicesCompetitive compensation is the most important and effective retention lever. Retention is important to ensure that the organisation is equipped to deal with current and future challenges.Talent retention is a critical human resource strategy to retain the skilled employees within the organisation. Retention is important for keeping employee costs down. Retention management typically focus on voluntary turnover to better understand job satisfaction and employee management.
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