business- human resources Flashcards

1
Q

Types of motivation

A

motivation using money- increasing higher pay or bonuses gives a reward for employees
motivation without money- factors like praise or oppurtunity to carry out a more interesting job

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2
Q

why do people work

A
  • physiological needs
  • safety needs
  • love and belonging needs
  • ego or self esteem needs
  • self actualisation
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3
Q

benefits of a motivated workforce

A
  • increased productivity- motivated individuals work harder and try their best to their job as efficiently as possible
    -Improved employee retention rates-mor likely to stay loyal to the business they are working at, this avoids cost of recruitment
    -higher levels of sales- emplyees will want to meet the needs of customers
  • improved recruiment and selection- help give businesses a good reputation as employer
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4
Q

methods of motivation- non financial

A

increasing authority through job enrichment- finding jobs emplyees have an interest in doing
training- shows the owner values the employee
management styles- mangers who retain authority- managers who allow juniour emplyees to make decisions
fringe benefits

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5
Q

methods of motivation- financial

A

salary- the income recieved by an emplyee stated as an annual figure
wages- usually paid each week and emplyees normally work an agreed number of hours
piecework- paid for the quantity of products produced
commission- payment to an employee based on level of sales made over a time period
profit sharing-nemployees reciev a share of the businesses profits alongside their normal wages and salaries

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6
Q

Importance of training

A
  • improvement of productivity
  • more motivated employees
    improved rates of employee retention
  • production of high quality goods amd high levels of quality of service
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7
Q

Types of training

A

induction training- the first type of training you can recieve
On the job ttaining- dont leave the workplace
- off the job training

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8
Q

benefits of induction training

A

helps new employees intergrate with other employees before starting the job
- help retention

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9
Q

types of induction training

A
  • work shadowing
    -formal training sessions
    -computer based training
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10
Q

benefits of on the job

A
  • relatively cheap
  • ## target the exact needs of the business
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11
Q

drawbacks of on the job

A

unlikely to bring new idea
unavailable to work within the business for a period of time

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12
Q

benefits of off the job

A
  • bring in new ideas and approaches into a business
  • expensive helps to motivate employees
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13
Q

drawbacks of off the job

A

-expensive
- employees may leave

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14
Q

factors that influence decisios o types of training

A
  • businesses financial position 3
    -tyoe of training
    skills in the workforce
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