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BUSINESS STUDIES
HUMAN RESOURCES-3.6
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Created by
Jess Farley
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What is
redeployment
?
Involves
moving employees
to
different jobs
,
departments
or
locations
within the same
business.
What does redeployment do?
Maintains
job security fro employees
Business
retains
skills and experience
Labour resources
are allocated more
efficiently
Reduced costs of
recruitment
and
selection.
What is
labour turnover
?
Measures the percentage of the workforce that leave a business within a given period.
How do you calculate labour turnover?
Number of employees leaving during period
X100
Average number of employees during period
What factors can influence labour turnover?
Pay
and other rewards
Working
conditions
Opportunities for
promotion
Competitor
actions
Standard of
recruitment
Quality of
communication
in business
Economic
conditions
Type of
business
Labour
mobility
Employee
loyalty.
What can be done to improve or minimise labour turnover?
Effective
recruitment
and
training
Provide competitive
pay
and other
incentives
Job
enrichment
and
empowerment
Reward staff
loyalty.