1.4 Flashcards
Collective bargaining
Negotiation of wages/conditions of employment between employee representatives / trade unions and the employer
Dismissal
Referred to informally as firing or sacking. It is the termination
of employment by an employer against the will of the employee.
Employer and employee relations
The way in which a company’s management and its employees behave towards each other
Individual approach
When employers develop relationships with employees at an
individual level
Multiskilling
The process of increasing the skills of employees
Part time employees
Workers that generally work a few hours or a few days a week. Fewer hours than a full-time employee
Redundancy
When a business needs to reduce the size of its workforce or even close. Redundancy can be voluntary
Staff as a cost
A cost to businesses in terms of recruitment, training, remuneration, welfare and even severance
Staff as an asset
Employers recognise the input of employees as an important business resource. They contribute to the value of output,whether this is through providing added value to a product by supporting the manufacturing process or through effective customer service. Note that in accounting terms, staff are an expense not an asset.
Temporary work
The job position is generally for a limited period of time
Trade unions
A workforce representative that act to protect and improve the economic and working conditions for their members.
External recruitment
When the business looks to fill the vacancy from outside of the business
Induction training
Introductory training given to employees covering its background, policies, health and safety procedures
Internal recruitment
Selecting employees who already work within the business to fill job vacancies
Off the job training
When employees are given training away from their normal
job environment, often in a classroom
On the job training
Learning/gaining/developing skills whilst at work doing the job
Recruitment
The process of finding and selecting workers
Training
The developing of a person, to enhance skills and knowledge. Training can be on-the-job or off-the-job
Centralised structure
An organisational structure where business decisions are
made at the top of the hierarchy by senior management/or at the headquarters of a business
Chain of command
The way authority and power is organised in an organisation
Decentralised structure
When a business allows branches to take more control/make their own decisions
Flat structure
A structure with few layers and a wider span of control for each manager
Hierarchy
The order or levels of responsibility in an organisation, from the lowest to the highest
Matrix structure
Organises employees from different disciplines or divisions
into projects/teams