1.4 Flashcards
what are the benefits of seeing staff as an asset
-good employee relations
-valued and appreciated staff
- low staff turnover
what are the drawbacks of seeing staff as an asset
-cost of training
-lose of control from the top
what are the benefits of seeing staff as a costs
-specialised staff at one task, consistency
-high levels of managerial control
-minimum wage= low cost
what are the drawbacks of seeing staff as a costs
-demotivated
-targets tasks and high expectations
-high turnover
what is soft HR
-staff development
-empowerment, staff got control
-consultation
-flat structure
what is hard HR
-controlled mechanisms
-centralised decisions
-tall structure
-minimum wage and fixed term contracts
what is multiskilling work
-training staff in multiple areas of work
-staff gain more utility
what is part-time work
when an employee works partial areas usually on shorter shifts
-provides good flexibility
-works well with inconsistent demand
-retain skilled workers
what is a temporary employee
a seasonal member of staff, provides help during times of high demand
-full & part time work
-good work life balance
-low cost staff
what is flexible hours & home work
when an employee does the required work whenever its convenient for them, no strict work hours.
-less travel
-removes barriers
-better work life balance
what is outsourcing
when a business has products or components of the product made by other businesses.
-gain expertise, higher quality
-flexibility in supply
what is dismissal from work
when an employees work contacted is terminated as a disciplinary action due to them breaching there contract
what is redundancy
when an employees contracted is terminated due to the job no longer existing within the business, could be through restructuring, re-location or new technology
what is a trade union
a national organisation with a remit to protect its members and improve conditions, provides job security and fair treatment
what is a work council
two way communication, is a legal right for the employees if the business has over 50 employees
what is internal recruitment
when a vacancy within a business is filled from an internal candidate and not available to external candidate
what are the benefits of internal recruitment
-low cost
-promotion prospects
know candidates
-quick process
what are the drawbacks of internal recruitment
-reduces talent pool
-limited applicants
-could cause friction between employee’s