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Income Statement (Easyt)

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Front cover
Your Workforce
A guide for employers

www.nt.gov.au/business

Page 2
Introduction
How to use this guide
Information in this guide has been organised into six sections identified in the Workforce Planning wheel.
The human resource management process is illustrated in the essential human resource management process flowchart (page 4), which corresponds to relevant sections of the Workforce Planning wheel.
Useful resources such as checklists, templates and fact sheets have been developed for particular topics and are located at the back of each section. These resources are also available at www.nt.gov.au/business in Microsoft Word and Acrobat PDF formats.

Workforce Planning wheel
The Workforce Planning wheel identifies the six groups of activities that contribute to a better workplace. 1. Workforce Planning
Prepare your business for change by forecasting future workforce needs, setting goals and planning. 2. Attract, Recruit and Select
Know how to attract new employees and recruit, advertise and select the right employees. 3. Induct, Train and Develop
Understand the importance and benefits of inductions, identifying training needs and planning to develop your employees. 4. Motivate, Manage and Reward Performance
Know what motivates your employees and develop better ways of managing and rewarding their performance. 5. Retain and Support
Understand the factors (including flexible work arrangements) that will help you to support your employees so they are more likely to stay with you. 6. Lead and Communicate
Become a better leader and implement workplace practices to help you achieve your business goals.

Page 3
Diagram: Flowchart of the essential human resource management process.

There are five segments all linking into ‘Workforce Planning’ in the middle.
The segments are: * Attract, recruit and select * Your competitive

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