development of a culture where workers are equipped to do different roles or where they work in a range of employment patterns
impact of National Minimum Wages on Staffing Costs:
only applies on those who receive wages not a salary
those who receive wages will face higher labour costs
those who receive a salary are less likely to be affected by national minimum wage - already pay a fixed amount regardless number of hours worked
how are staff a cost to a business?
hiring/training workers
managing people as managers have to be hired
paying salaries
paying wages
offering staff additional letting workers go
how are staff an asset to a business?
they bring knowledge, skills + expertise
can increase productivity, drive innovation and enhance customer service - contributes to success/profitability of business
can help build a positive reputation through interactions with customers, suppliers and stakeholders
human resource management focuses on how employees can be:
effectively recruited
effectively deployed (used)
effectively developed/trained
effectively motivated
effectively managed/led
why is effective human resource management (staffing) important?
so it ensures that the business has 'the right people, in the right roles with the right support with opportunities to succeed' - leads to higher productivity, more profits + positive work environment
what is dismissal?
termination of employment by an employer against the will of the employee
when are employees made redundant?
when their job is no longer available + business reduces the size of its workforce
collective bargaining:
process where employee negotiates with employers for better wages, working conditions and benefits
negotiating collectively has more bargaining power than as individual
employment relationship is seen as a power struggle between two parties with conflicting interest
individual approach:
focuses on relationship between employer and employee
each employee is unique
emphasises need for tailored compensation packages that cater to each employees unique skills and needs
employment relationship is a voluntary agreement between two parties in which both negotiate their respective roles, responsibilities and benefits
employer has the power to hire, fire and set the terms and conditions of employment
ways to develop a flexible workforce:
multi-skilling
flexible hours + home working
outsourcing
part-time and temporary working
what is outsourcing?
a business process is contracted out to another company, allowing company to produce products at a lower cost and maintain competitive pricing
disadvantages of outsourcing:
may lead to a loss of control over quality and delivery - especially if partner is in another country
may create ethical concerns - especially is partner is in another country with lower labour standards/human rights abuses
advantages of outsourcing:
may allow businesses to access specialised skills that may not-be available in-house
may reduce labour costs
part-timers?
work 2/3 days a week
temporarily working?
shows ups for work whenever business needs them
disadvantages of part timers/temporarily workers:
flexible working arrangements can create challenged in terms of communications and collaborations
monitoring/managing flexible workers can be more difficult
advantages of part-timers/temporarily worker:
flexible working arrangements can help business to attract and retain talent - especially staff who value work-life balance
this may improve productivity - staff can work during their most productive hours and avoid distractions
multi-skilling?
process of training workers to fulfil multiple job roles within a business
advantages of multi-skilling:
business utilise their work-force more efficiently - reduces labour costs + increase productivity
can help to improve patient outcomes in healthcare industries as workers with a broader range of skills can provide mare comprehensive care
disadvantages of multi-skilling:
may require significant investment in training and development
may not be appropriate for all job roles, especially those that require a high level of expertise