Paper 1 Divider 17

Question 1

Labour turnover

Answer 1

• consequences are reduction in productivity, potential loss of sales
• the rate at which people leave their job and need to be replaced
• internal: poor motivation/pay/recruitment
• external: growth or local businesses

Question 2

Labour turnover adv

Answer 2

• euthanstic new staff

- new fresh ideas

Question 3

Labour turnover disad

Answer 3

• lower productivity

- high recruitment costs

Question 4

Labour retention

Answer 4

• the ability of a business to keep its employees
• linked to labour turnover because low turnover means higher retention
• a low rate means only a small proportion of staff are still working for the business
• caused by inadequate wage levels,, ineffective leadership, improved transport links

Question 5

What type of decisions hr data used to make

Answer 5

Pay, training, recruitment

Question 6

Info needed to interpret a piece of HR data

Answer 6

• data for competitors, reason not competitive
• trends over time, good/bad trend, how urgent
• businesses objecties and targets