1.4 Managing People Flashcards
(101 cards)
Define Cost in terms of staffing
Treat employees simply as a resource of the business, costs associated with: hiring & training, wages & salaries, fringe benefits etc
Define Asset in terms of staffing
Treat employees as the most important resource in the business and a source of competitive advantage
Employees treated as individuals and their needs are planned accordingly
Describe Flexible Working
Working arrangements here there are a variety of option offers to employees in terms of working time, working location and the pattern of working
Examples of flexible working
Part time working
flexitime
job sharing
Working from home
Benefits of a flexible workforce
-Saving on costs
-Helps with recruitment and staff retention
-Reflect the changing profile of the UK workforce
-Take advantage of developments in technology
Drawbacks of flexible working
-Loss of customers if key employees reduce their working hours
-Lower employee productivity
-Managers finding it difficult to manage or administer flexibility
Define Multiskilling
Where staff are allowed to carry out a variety of task rather than specialise
-Enables greater use of job rotation
-puts greater requirement on training
Define Outsourcing
Hiring a third party business to do the work for you
Define Off-shoring
The work is done overseas
Name business objectives
-Quality
-Cost
-Speed
-Flexibility
Define dismissal
Employee dismissed because of break of contract or other unacceptable behaviour or performance
Define Redundancy
Employee loses job because job is no longer required by the business, requires consultation and redundancy payments
Define Employee Representation
Arises when employees are part of a formal structure for involving them in the decision-making process of a business
What needs to be consulted with employees for redundancy?
-Redundancy programmes
-On changes to pension arrangements
-Proposed changes to working time arrangements
Reasons for a Formal System of Employee Representation
-Make employees views known to management
-Help strengthen both managers and employees understanding of workplace issues
-Helps create mutual trust between employees a management and therefore improve workplace relations
Benefits of Employee Representation
-Increased empowerment and motivation
-Better decision making because employee experience and insights taken into account
-Lower risk of industrial disputes
Drawbacks of Employee Representation
-Time consuming (potentially slows decision making)
-Conflicts between employer and employee interests
-Managers may feel their authority is being undermined
What are the two main functions of a Trade Union?
Represent and negotiate
Define Represent in terms of Trade Unions
Represent & protect interest of employees
Define Negotiate in terms of Trade Unions?
Negotiate on behalf of employees with employer
Main Role of a Trade Union?
-Provide or improve job security
-Protect workers against unfair dismissal
-Better working conditions
Advantages for an Employer of a good relationship with Trade Union
- Negotiating with trade unions saves time and cost
- Employees morale and motivation may be improved if they know that their interests are being protected by a union.
Define Internal recruitment
When a business chooses only to advertise a job within their company or only make it available to current employees
Advantages of Internal Recruitment
-Cheaper and quicker to recruit
-Already familiar with business and how it operates
-Opportunities for promotion