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Business services

The business service industry provides the core business skills and knowledge required for a high performing workplace.It covers an array of expertise, including customer contact, business administration, business management, business information and human resource management.

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Contributors in Business services

Business services > Human resources

job evaluation

Business services; Human resources

Used for compensation planning purposes, it is the process of comparing a job with other jobs in an organization to determine an appropriate pay rate for the job.

ksas

Business services; Human resources

Knowledge, skills and abilities – the personal attributes that a person has to have to perform the job requirements.

labor market

Business services; Human resources

A geographical or occupational area in which factors of supply and demand interact.

labor force participation

Business services; Human resources

A rate at which the number of people in the labor force is divided by the number of people of working age x 100.

leadership development

Business services; Human resources

Formal and informal training and professional development programs designed for all management and executive level employees to assist them in developing the leadership skills and ...

legislation

Business services; Human resources

Law emanating from Parliament in the form of Acts.

lifo

Business services; Human resources

In the event of a redundancy situation occurring, the system of ‘last in first out’ is regarded as the most equitable method of choosing those who should be made redundant.