1.4 Flashcards
what is the difference between treating staff as an asset vs as a cost
asset - staff treated well and provided very good working conditions
cost - staff treated not so great and condition are tough
what is a flexible workforce
one where the workers don’t work a traditional fixed hourly rate like 9-5
+and - of a flexible workforce
+cheaper to outsource
+ motivating for staff
- lack of communication
- less loyalty to the business
what are the 5 approaches to staffing
- multi skilling
- part time and temporary
- flexible hours
- homeworking
5.outsoucing
what is multi skilling and its + and -
process of increasing the skills of employees
+respond to demand
+ increase productivity
- costs of training
- may demotivate workers as overworked
what is part time and its + and -
workers who work for no more than 30 hrs a week
+more motivating
+lower costs
- lack of comms
- lack of investment
what is flexible hrs and its + and -
workforce that can respond in quantity to changes in market demand
+ more motivating
+respond to demand
- issues with availability
- lack of comms
what is homeworking and its + and -
people who undertake their regular work from home
+more motivating
+access larger pool of workers
- lack of culture
- staff may not be working
what is outsourcing and its + and -
getting another business to undertake the required job
+ reduce FC
- reduce control of quality
what is redundancy
business will pay off staff to leave
+and - of redundancy
+ reduce FC in long term
+ gets rid of poor workers
- damage reputation
- harder to recruit
what is dismissal
staff member will be sacked with a valid reason
+ and - of dismissal
+ good for brand reputation
+ better work culture
- time consuming / expensive
- have to replace staff
