744599
Description
Mind Map by Callum McCadden, updated more than 1 year ago
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Created by Callum McCadden
over 10 years ago
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HR and Finance
- Human Resources
- Identify a job vacancy
- Ensuring a vacancy does exist
- Job analysis
- Vacancy looked in detail. Tasks, duties and responsibilities identified
- Job description
- Contains information regarding: Tasks, duties, responsibilities, pay,
working hours, holiday entitlement and any other benefits
- Person Specification
- Skills, qualities, qualifications and experience
the business wants. Essential/ Desirable
- Advertise the job
- Internally or externally
- Send out applications
- Can be CV or application form or both.
- Can be CV or application form or both.
- Internally or externally
- Skills, qualities, qualifications and experience
the business wants. Essential/ Desirable
- Contains information regarding: Tasks, duties, responsibilities, pay,
working hours, holiday entitlement and any other benefits
- Vacancy looked in detail. Tasks, duties and responsibilities identified
- Ensuring a vacancy does exist
- Best applicants are short listed:
- References are inquired into
- Interview given
- May even have a test
- References are inquired into
- Training
- Induction
- On the job
- Off the job
- Induction
- Motivation
- Overtime
- Bonus
- Commission
- Offering flexible working practices
- Offering training oppurtunities
- Team exercises
- Overtime
- Working practices
- Part time
- Temporary contracts
- Homeworking
- Flexitime
- Job share
- Condensed hours
- Part time
- Industrial action
- Strike
- Work to rule
- Sit in
- Go slow
- Overtime ban
- Boycott
- Demonstration
- Strike
- Legislation
- Equality Act
- National Minimum Wage Act
- Health and Safety at work Act
- Data protection act
- Equality Act
- Identify a job vacancy
- Finance
- Sources of Finance
- Bank Loan
- Family and Friends
- Government grants
- Bank Overdraft
- Hire/ Purchase
- Mortgage
- Bank Loan
- Break even
- When Total Costs (TC) = Total Revenue(TR)
- When Total Costs (TC) = Total Revenue(TR)
- Technology is sued to calculate financial infromation. E.G Microsoft Excel
- Record cost information and calculate break even
- Prepare cash budgets
- Calculate Profit
- Create graphs sowing income and expenditure
- Prepare information that can be exported into other office environments
- Record cost information and calculate break even
- Cash budgeting
- A Cash budget helps improve cash flow by detailing where the money goes
- A Cash budget helps improve cash flow by detailing where the money goes
- Profit statements
- Gross profit: the profit from buying and selling
- Net profit: the profit after adding other income and subtracting expenses
- Statement calculating gross profit minus expenses to make net profit
- Gross profit: the profit from buying and selling
- Sources of Finance
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