Approaches To Staffing Flashcards
What are the advantages of having staff as an asset?
Motivated staff
Higher productivity
Good relationships
High staff retention
Low staff turnover
High quality staff
What are the drawbacks to having staff as and asset?
Increased costs- due to incentives
May increase competition
May only be appropriate for some job types
What are the advantages to having staff as costs?
Lower costs
Decreased competition
Aids profitability
What are the drawbacks to having staff as a cost?
High stage turnover
Low retention
Lack of motivation
Low productivity
Lack of relationships
Higher costs
Higher absenteeism
Conflict whith management
Multi skilling
Enhancing the skills of employees
+ need less staff
+ can utilise the workforce
+increases productivity
- higher costs
-may require lots of investment
Part time or temporary contracts
Employees don’t work full time which a maximum of 25 hours
+gits employees lifestyles
+lower costs
+appropriate amounts of staff when needed
-may need more staff
-may not feel valued
-creates challenges in communication
Flexible hours and homeworking
Staff work when they are needed and if they wish
+improved work life balence
+job satisfaction
+wider talent pool
-distractions
-limited opportunities
-cyber security risk
Outsourcing
Going to a third party to do something
+access to specialized skills
+may reduce costs
-loss of control over quality
Benefits of flexible working
Responsive to change in demand
May not require full time staff
Temps are cheaper
May operate long working hours
What are the disadvantages of flexible working
Workers are less loyal
Poorer quality work