What is dismissal?
Termination of employment by an employer against the will of the employee, usually due to poor performance.
What is redundancy?
When a job is no longer available, so the business needs to cut costs, by reducing size of its workforce.
What is the difference between staff as a cost and staff as an asset?
Cost = treating employees as a resource of the business and finding skills a business needs and then finding employees to meet this Asset = treating employees as the most important resource to a business and a source of competitive advantage
What are some key features of treating staff as a cost?
organisation
What are some key features of treating staff as an asset?
Benefit and drawback of treating staff as a cost
Cost effective and quicker decision making but increased absenteeism
Benefit and drawback of staff as an asset?
Motivates employees and increases productivity but more expensive
What is flexible working?
There are a variety of options offered to employees such as location, hours, pattern of working
Benefits of flexible working?
Drawbacks of flexible working?
Increased administrative costs involved in running a flexible business.
What is multiskilling?
staff carry out many tasks instead of one which increases job rotation.
What is outsourcing?
delegating a task or business process to an external provider who them manages and completes the tasks in that sector
What is a individual approach?
When employees negotiate contracts etc directly to the employer
What is collective bargaining?
This is when contracts etc are represented through trade unions who are able to fight the workers case
When may a vacancy become available?
What is the main differences between a job description and a job specification?
A job description is when a business lays out what the job role will involve the individual doing and a specification is the qualifications and requirements that an employee must have.
Advantages of internal recruitment…
Advantages of external recruitment?
What are the 3 stages that come after deciding what recruitment a business wants?
What is on-the-job training?
Training that takes place at the employers place of work
People can be given mentors
Work shadowing (working alongside some experienced)
What is off-the-job training?
Not working at this point
What the hierarchal structure in a business?
This is how a business is split up into departments and the people who manages each of these departments. The higher up the hierarchy people are, generally the more power and responsibility that they have
What is the chain of command in a business?
Shows the level of authority within the work place. Information is passed up the chains of command and the orders are passed down the chain of command
What is span of control in a business?
The number of people being managed in all departments. For example, one manager may manage 5 people whereas another may manage 1. The one who manages 5 has a wider span of control