What is a soft HR approach?
This is where employees are seen as the most important resource and are managed in the long term
What is a hard HR approach?
This is where employees are regarded like any other resource
How do you calculate labour turnover?
number staff leaving ÷ average number of employed staff x100
What is labour retention?
A company ability to keep employees
How do u calculate labour retention?
Number of staff at end of period - number of leavers ÷ number of staff at end x100
How do you calculate labour productivity?
output per period ÷ number of employees
What are the characteristics of an organisation with a tall structure?
What are the characteristics of an organisation with a flat structure?
What is a span of control?
This is the number of people who report directly to a manager
What is a centralised structure?
This is where all decisions are made by senior managers
What are the advantages of a centralised structure?
What are the disadvantages of a centralised structure?
what is a decentralised structure?
when authority is shared out to junior employees
Advantages of decentralised structure?
- day to day decisions are quick
Disadvantages of decentralised structures?
- inconsistency may develop
How do you calculate labour productivity?
Output per worker÷number of employees
What is meant by labour retention?
A companys ability to keep employees
How do you calculate labour retention?
Number of staff at end of period - number of leavers ÷ number of staff at end of periods x100
What is labour turnover?
Number of staff leaving a business
How do you calculate labour turnover?
Number of staff leaving÷ average number of staff employed x100
How do you calculate labour cost per unit?
Labour costs÷units of output
What are the benefits of good employee relations to employer?