1.4.1 approaches to staffing

• staff - the employees of a business
• staffing - process of hireling, training and supervising employees in a business
• staff can be viewed as an asset - a useful or valuable thing or person
• staff as an asset - developing staff

  • staff are developed with training and are seen as a benefit to a business
• adv. staff as asset -

  • participate mare in decision making
  • staff more motivated, increase retention rates and reduce absenteism
• staff as a cost -

  1. cost of recruitment.
  2. cost of training
  3. cost of paying minimum wages
  4. cost of staff welfare
  5. cost of paying salaries and wages
  6. cost of redundancy
• 1. cost of recruitment
  2. cost can be high
  3. carry out recruitment themselves - cost of advertisement
  4. agencies start from £2,000
• 2. cost of training seen as a cost rather than added value
• 3. cost of minimum wage

  • bound by the employment laws
  • face fines if don't apply
• 4. cost of salaries and wages

  • they are high
• 5. cost of staff welfare - paying for facilities and welfare can be expensive
• 6. cost of redundancy - employees are entitled to reundent pay which depends on how long they have been employed by company