1.4.1 Approaches To Staffing Flashcards
How is an employee an asset
- they offer skills and abilities that add value
- or can reduce costs by being efficient and productive
How is an employee a liability
- wages and salaries are a cost to the firm
- recruitment and training is a cost
- ensuring good working conditions is a cost
What is a contract of employment
A legally binding agreement between the employer and their employee about their duties and rights
What is dismissal
- when an employee breaches their contract of employment and their contract is ended
What is redundancy
- when an employees job is no longer required, may be because the business is downsizing or changes in technology
- this costs a business money as the business will have to pay a minimum redundancy if the employee has had 2 years of service
What is flexibility in the workforce
- the variety of ways in which employees work and the different contracts they can be offered
Explain the types of contracts employees can be offered
- full-time (work more than 35 hrs a week)
- part-time (work less than 35 hrs)
- zero hours (staff only work as and when they are needed)
- permanent contract (has no end date)
- temporary contract (has an end date)
Evaluate full time contracts
+ the firm has guaranteed
- not flexible during periods of less demand so business may become inefficient
Evaluate part time contracts
+ part time staffs hrs can be spread more equally to enhance efficiency and better suit demand
+ more staff to cover absences
- however they will need to manage their staff better to avoid being understaffed
Evaluate 0 hr contracts
+ avoids inefficient staff
+ allows the firm to save costs when demand changes
+ more flexible
- if demand quickly increases the firm may find it difficult to find work
Evaluate permanent contracts
+ more motivated as they have job security and career progression opportunities
- employees may become bored or lazy
Evaluate temporary contracts
+ can be issued when in periods of high demand or when staff need prolonged time off (sickness or maternity)
- may be unmotivated as the employee is aware their contract is going to end
Explain the different ways in which employees can work
Shift work - when a job role needs filling for more hours than can be completed by a single worker
Home working - working at home some/all of the time
Flexible hours - employees complete a set number of hours of their choice
Outsourcing - outsourcing tasks to external businesses
Evaluate shift work
+ employees get flexibility which will improve satisfaction and motivation
- irregular shifts or night shifts may be hard for employees
Evaluate flexible hours (flexitime)
+ allows employees to have work-life balance increasing motivation
- hard to have meetings and a cohesive workforce when staff work at different times