Theme 1- Approaches to Staffing Flashcards
Definition of staff as an asset
They are something a business has that is valuable
How can staff add value to a product?
Through their skills and ability
- ensures high quality products are produced efficiently
- excellent customer service = customers willing to pay higher
What is the benefit of businesses treating staff as a valued asset
Motivates staff and increases their productivity
Why are employees a cost to a business
- remuneration ( payment for work they do)
- minimum wage increases each year
- cost involved in recruitment, training and staff welfare
- severance ( when they leave the firm)
What is dismissal?
An employee could be dismissed if they breach their contract of employment. Choice of employer not employee.
What is redundancy?
Occurs when an employees job is no longer required. This costs businesses money.
Flexible workforce
The variety in ways in which employees work and the different contracts they can be offered.
Can also refer to employees being multi- skilled.
Why is employing more part time workers beneficial for a business?
Means they have more staff who could come in to cover absent workers
How many hours do full- time workers do?
At least 35 hours a week
Pros and cons of zero hour contracts
Pros- employers don’t waste money paying for labour when it isn’t needed
- employees can work around commitments
Cons- staff under no obligation to accept work so it could be hard to find enough staff in busy times
Difference between permanent and temporary contracts
A permanent has no end date but a temporary does
Why are temporary contracts beneficial
can cover a particular job ( due to sickness or maternity leave )
Why are permanent contracts beneficial?
More motivating due to financial security
Home working
- Employees work from home some or all days of the week
- can save travel costs
- work around commitments
- distractions
- Businesses may gain from freeing up a desk or office space
- difficult to monitor performance
Flexible hours
- Workers complete a set number of hours that suit them
- usually core hours in the day
- improves motivation
- Harder to set up meetings