Human resource planning Flashcards
Need for flexibility in the workforce
Having workers who can increase or decrease their hours helps the company respond quickly to changes when the need arises.
Core versus peripheral workers
Core workers are full time and permanent. Peripheral workers could be part time, temporary, zero hours, etc.
Full-time versus part-time workers
A part-time worker is someone who works fewer hours than a full-time worker. A full-time worker will usually work 35 hours or more a week.
Sub-contracting
Another business carries out the work.
Zero hours contracts
This is where an employee has to be available to work but is not guaranteed work.
Temporary staff
Workers employed for a fixed period of time when there is an increase in demand for seasonal reasons.
Agency staff
Workers who are supplied and paid by a separate business. They are not employed by the business but can be found at short notice as the agency has carried out skills and employment checks.
Labour turnover
A measurement of the rate at which employees are leaving an organisation.
Productivity
How much each worker produces. The formula is output/number of workers.
Skill shortages
A skills shortage occurs when the demand for a specific skill is greater than the supply of qualified workers in a particular industry, occupation or geographic region.
Workplace stress
The adverse reaction people have to excessive pressures or other types of demand placed on them.
Absenteeism
The percentage of employees not at work on a given day/in a given time period.
Engagement with business culture
Employees in a culture of engagement are deeply connected to their work, feel a sense of purpose, and are motivated to contribute to the organization’s goals.
Employee satisfaction
Employee satisfaction refers to the degree of contentment that team members experience concerning their roles in the organization.
