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Business Theme 1
Approaches to staffing
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Created by
Mariya Choudhury
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Cards (15)
Explain what is meant by staff as an asset to a business
Skills +
abilities
of staff mean they add value to a product
Businesses should treat staff as valued asset to increase motivation +
productivity
Explain what is meant by staff as a cost to a business
They get
remuneration
(payment) for the work they do ( usually in the form of a
wage/salary
)
Wage
Paid to a worker based on the amount of work they do usually used for
lower skilled
manual workers
eg, shop
Salary
Fixed amount that is usually paid
monthly
—> higher skilled workers
What does a flexible workforce consist of?
Multi-skilling
Part-time/temporary contracts
Flexible hours & home working
Outsourcing
What does it mean if a workforce is multi-skilled?
Business can employ fewer
workers
that can do multiple
different
aspects of a job
Workers can move between jobs when necessary
Can increase
motivation
as employees have more variety in their job leading to increased productivity
What is meant by a part-time contract?
Fewer hours + can cover
absent staff
What is meant by a temporary contract?
Can cover temporarily when a
particular
job needs doing
What is meant by outsourcing?
Business can outsource some
tasks
to external businesses
Advantage as no need to invest money in
training
staff for some tasks
Redundancy
Occurs when the employees job role is no longer required
Dismissal
Occurs when an employee is
terminated
from their job due to
misconduct
or unsatisfactory performance
What is the difference between redundancy and dismissal?
Redundancy:
Position
no longer needed Dismissal:
Employee
performance issue
What are the two types of relationships an employee can have with their employer?
Individual bargaining
Collective bargaining
Individual bargaining
Employees treated as individuals for some purposes eg,
appraisals
regarding pay + working conditions
Collective bargaining
When a group of
employees
is represented by
workforce
representatives —> these negotiate with the employers on issues like pay + working conditions