Employing People Flashcards
0
Q
Permanent employees
A
Have a continuous employment contract with a business.
1
Q
Why do businesses employ people?
A
- entrepreneur might not have the skills required to run a business, so employs people with certain expertise.
- owners with small businesses can carry out tasks alone, medium-large businesses need more people.
- seasonal businesses need more staff at peak times.
2
Q
Temporary employmee
A
Has a fixed term employment contract which ends at a certain time.
3
Q
Zero-hours contract
A
Allows business to have people on-call whenever necessary and mutually convenient.
4
Q
Agency staff
A
Have contracts with an employment agency. Firm hires for an agreed time from agency
5
Q
Self-employed freelancers/consultants/contractors
A
Offer their skills to a business for an agreed sum, work for themselves.
6
Q
Advantages of full time staff
A
- available for more hours
- more loyal, as they’ve committed there future to the business
- full time work is in higher demand.
7
Q
Advantages of temporary staff
A
- reduces costs as it provides cover for when full-time work is needed
- more flexible- business can respond quickly to changes.
- some people don’t want full time work.
8
Q
Disadvantages of employing people
A
- financial loss: wage, salary, pension insurance national insurance..
- absences are unexpected and difficult to cover.
- entrepreneur might not be able to manage employees.
