1.4.1 approaches to staffing Flashcards
what does it mean when a business sees employees as an asset?
means that they are developed with training and are seen as a benefit to the business
pros and cons of seeing employees as an asset?
+ staff are more motivated and work at a better level
+ business is able to respond quickly to changes
- costs will rise - as you have to invest in training
- recruiting staff is time consuming
what does it mean when a business sees their employees as a cost?
staff are seen as a cost instead of adding value to the business
disadvantages of seeing employees as a costs?
- workers feel domination
- workers won’t be working to their full potential, which could harm the business
- only provide basic warning conditions + pay workers the minimum
what is flexible working?
multi skilling employees so that individual workers can carry out multiple roles
pros and cons of flexible working?
\+ less staff needed \+ more interesting jobs for workers - keeping them engaged \+ increases efficiency and productivity - training costs increase - may not be good in all the roles
pros and cons of part time workers?
\+ entitled to sick pay, pay rates \+ flexible for employees \+ reduce costs for business - potential for inconsistent - can be challenging to get all work done
pros and cons of temporary workers?
+ can employ staff on a seasonal basis
+ reduce costs for business
- may have to train multiple staff at multiple times
- employees may not be as reliable
what is outsourcing?
many functions of the business can be outsourced to other business.
e.g marketing research, legal issues
pros and cons of outsourcing?
+ helps with a flexible workforce
+ no expensive teams
+ benefit of the skills and expertise of the agencies
define dismissal
employees may be dismissed from work for failing to meet the required standard or through misconduct.
worker is not entitled to a pay out.
define redundancy
applied where there is no work, not enough work for the position or the position is no longer needed.
will receive a pay out
what is collective bargaining?
is a negotiation process where trade union and business discuss and agree on pay, working conditions etc
pros and cons of collective bargaining?
+ representatives speaks for all the workforce, so there is no greater power
+ if fails, there may be strikes
- some companies don’t recognise unions
- not all workers may agree
define individual bargaining?
individuals negotiate their own pay and conditions
- more appropriate for small businesses