1.4 Managing People Flashcards
Why is effective staffing important?
To ensure that a business has the right people, in the right roles, with the right support, with opportunities to succeed.
What does effective staffing lead to?
It leads to higher productivity, more profits and a positive work environment
Why are staff viewed as both an asset and a cost?
Staff are an asset because they bring knowledge, skills and expertise to the business. Staff are a cost because staffing costs are one of the largest costs for businesses.
What would the impact of a raise in minimum wage be on staffing costs?
If minimum wage increases it will cause businesses that employ on a wage basis to have higher labour costs
What is a flexible workforce?
The developments of a culture where workers are equipped to do different roles or where they work in a range of employment patters.
What are the ways to develop a flexible work force?
Multi-spilling, flexible hours and home working, outsourcing, part time and temporary
What are the pros and cons of multi-skilling?
+ Businesses use their workforce more efficiently so reduce labour costs and increase productivity
+ Help improve patient outcomes in healthcare industries
- May require significant investment, training
- May not be appropriate for all job roles
What are the pros and cons of Part-time and temporary working?
+ Flexible working arrangements help businesses to attract and retain talent
+ May improve productivity because workers can choose when to work
- Flexible working can create challenges in terms of communication
- Monitoring and managing flexible workers is harder
What are the pros and cons of outsourcing?
+ Allows access to specialised skills
+ Reduces labour costs
- Loss of control if the outsourcing comes from other countries
- Lower labour standards (ethical)
What is dismissal?
Dismissal is the termination of employment by an employer against the will of the employee.
What is redundancy?
Redundancy is when the job is no longer available and the business reduces the size of its workforce
What is recruitment?
Recruitment is the process of attracting and identifying potential job candidates who are suitable for a particular role.
What is selection?
Selection is the process of choosing the best candidate
What are the stages of the recruitment and selection process?
- Define the role
- Determine the best source of candidates
- Advertise
- Receive applications
- The selection process
What are the costs associated with recruitment?
Advertising, recruiting and interviewing candidates. High labour turnover rates can increase these costs.
What are the costs of training?
Cost of trainers, training materials and facilities. The effectiveness of the training can impact these costs because if its bad more training might be needed.
What are the costs of selection?
Cost of background checks, visas. High labour turnover can increase these costs because they will have to do more back ground checks regularly
What are the 3 types of training provided by businesses?
On the job training, off the job training and induction training