The Workforce Flashcards
Calculate labour turnover
No. Of employees leaving in a certain time period divide average number of people employed x 100
Positive impacts of labour turnover
- New workers may be more enthusiastic
- Employ staff with specific job for role
3 new ideas and New ways of working
Negative impacts of labour turnover
- Recruiting new workers is expensive
- New staff will need training
- Negative impact on staff morale if lots of people are leaving
Taylor scientific management
Taylor believed that workers were motivated solely by money
He promoted the idea of a fair days pay for a fair days work
Mayos human relations school
- Changes in working conditions and financial rewards had very little effect
- that workers are motivated by the way the interact with each other
- That workers were affected by the degree of interest shown in them by their managers
Maslow hierarchy of needs
- Psychological needs
- Safety needs
- Social needs
- Self esteem
- Self realisation
Herzbergs two factor theory
He identified that 2 things would affect workers performance
1. Motivation facts
Incentives to make staff work harder
2. Hygiene factors
Things that need to be in place to stop demotivation
Flat rate
Paid according to number of hours worked
Labour turnover?
This is go quickly staff in a woke place change
Advantages and disadvantages of flat rate
Advantage
Paid for amount of hours done
Disadvantage
No reward for working harder
Piece rate
Paid accordingly to amount produced
Advantages and disadvantages to piece rate
Advantage
Gives incentive to work quickly
Disadvantage
Can result in lower quality products
Bonus system
Paid more if targets are met
Advantages and disadvantages to bonus system
Advantage
Encourages workers to produce more
Disadvantage
Basic wage and low quality products
Commission
Paid a percentage of value sold