1.5.4 Employment Law

Question 1

Name some laws that business need to follow for employees

Answer 1

-National Wage
-Equality Act
-Health and Safety

Question 2

Explain why National Wage is a law

Answer 2

-Because Many business need to pay Employees fairly

Question 3

Explain why Health and Safety is a law

Answer 3

-Because employees need to safe while they are working

Question 4

Explain why Equality Act
is a law

Answer 4

-Because Employees should be treated fairly and should not be discriminated

Question 5

Explain a Consequence Of A Business Not Meeting Laws (6 Marker)

Answer 5

Failing to meet legal obligations could lead to customers or employees getting injured (P) This could result in the business being taken to court (S) and found guilty this could lead to fines or prison (S) This will lead to negative media stories in the local or national press (S) and lead to a bad business reputation in the industry (S) This will result in a loss in market share to its competitors (S)

Question 5

Explain The Impact Of Legislation On Business Costs (3 Marker)

Answer 5

Some businesses will choose to pay above the national minimum wage levels to attract, retain and reward staff (P) This will lead to the business having good staff morale (S) Therefore employee absenteeism and turnover will be low (S