Work And Employment Flashcards
Explain work
Any activity that requires effort ex. Painting your own bedroom
Explain employment
Employment is any work undertaken for payment ex. Painting your neighbours bedrooms for a wage
State the rights that employees have
Receive a fair wage for work done Not to be discriminated against To be provided with a safe healthy workplace To join a trade union To receive statutory number of holidays
Explain statutory
By law
State the responsibilities an employees has at work
To work to the best of their ability
To honour any company rules or regulations
Not to reveal confidential information to people outside the business
To respect businesses property
To implement company policy at all times
Explain a right
Something you are entitled to
Explain responsibility
Something you are expected to do
Briefly state the organisational structure of the workplace or the chain of command
- Shareholders(owners)
- A board of directors
- A managing director or CEO( chief executive officer)
- Department managers
Ex. Production manager
Purchasing manager
Marketing manager
HR manager
Finance manager
Explain what the role of the sharholders, board of directors and the CEO of a company is
Shareholders- own the business
Board of directors- policy makers
CEO - implements policy
Give some advantages to self employment
You make all decisions about running the business
You can adapt working hours to meet customers needs
Keep all of the profits
Self satisfaction if the business takes off
Give some disadvantages to self employment
You are likely to make wrong business decisions as you cannot be an experts in all fields of business
May lose money invested in the business
Long hours of administrative work
Unlimited liability- may have to use personal belongings as collateral
Stress
Explain what unemployment means
If a person is out of work but available for work at the current wage rate
How is the level of unemployment meausred by
A national survey called the Quarterly National Household Survey (QNHS)
Explain what the live register is
A list of all the people who sign a register each week to claim social welfare
Name five causes of unemployment
Structural umeployment Cyclical unemployment Relocation of MNCs Seasonal unemployment Technology related unemployment