Unit 6 Key Terms Flashcards
1
Q
Labour turnover
A
the proportion of employees leaving a business over a period of time
2
Q
Labour productivity
A
a measure of the output per worker in a given time
3
Q
Labour costs per unit
A
a measure of the average costs involved in producing one unit of output in a given period of time
4
Q
Employee costs as a percentage of turnover
A
the percentage of sales turnover needed to cover employee costs
5
Q
Centralisation
A
has a greater degree of control at the centre
6
Q
Decentralisation
A
involves a greater degree of delegated authority to the regions or subordinates
7
Q
Redeployment
A
the process of moving existing employees to a different job, or different location within the same organisation
8
Q
Redundancy
A
when an employer dismisses an employee because their job no longer exists
