Theme 1 - HR

• Why are employees an asset to a business?

  • Efficiency
  • Skills
  • Abilities
  • Customer service
  • Add value
• Impact of valuable employees

  • Pricing
  • Reputation
  • Innovation
  • Product quality
  • Recruitment
• How will employees feel as a result of being an asset:

  • Loyal
  • Productive
  • Efficient
  • Proud
  • Satisfied
  • Creative
• Remuneration - an amount of money that is paid to somebody for the work they have done
• Wage - paid to a worker based on the amount of work that they have done e.g. hours in a shift
• Salary - a fixed amount that is usually paid monthly e.g. don't get extra for working more hours/harder