Theme 1 - section 4 ( managing people) Flashcards
(80 cards)
employees are an ……….. to a business
Asset, they are something a business has tha is valuable.
employees are also a …………… to a business
Cost, they recive remuneration payment for the work they do.
What is remuneration
Wages or salarys
What is a wage ?
Money paid to a worker based on how much work thay have done.
What is a salary ?
A fixed amount of money that an emplyee recives monthly.
What is dismissal ?
When an employee has breached their contract of employment.
What is redundancy ?
when the employees job is no longer required.
What does it mean to ahve a flexible workforce ?
having employees that are multi skilled so they can perform a variety of tasks.
Full-time or Part-time Contracts:
Agreements where employees work either the full number of weekly hours (usually around 35–40) or fewer hours (part-time).
Zero-Hour Contracts:
Contracts where the employer does not guarantee any set hours; workers are called in when needed.
Permanent or Temporary Contracts:
Permanent contracts have no end date, while temporary contracts are for a fixed time or project.
Shift Work:
Working hours are split into shifts (e.g. morning, evening, night) to cover different times of the day.
Home Working:
Employees work from home instead of commuting to a workplace.
Flexible Hours:
Employees can choose when to start and finish work, within agreed limits.
Outsourcing:
Hiring another business to perform tasks or services that could be done internally (e.g. customer service or cleaning).
why is employer - employee relationships important
Helps maximisethe cooperation and minimises the potential for conflict between these two groups. It can increase employee motivation and productivity, whilst also increasing profits for the business.
What is individual barganing ?
Employers pay employees what they think he / she is worth to the firm.
What is collective barganing ?
when a group of employees is represented by workforce representatives, these negotiate with emplyers on factors such as pay and working conditions.
7 stages of recruitment.
1) Identify vacancy
2) write a job description / specification
3) advertise job
4) process applications
5) shortlist most suitable candidates
6) asses most suitable candidate
7) appoint most suitable candidate
Methods of assesment when hiring new employees.
- Interveiws
- Assesment days
- In tray exercises ( given a senario which they play a
member of staff )
What are amplitude tests
testing how good someone is at comepleting a task
what are psychometric tests
assesing someones personality
What is internal recruitment ?
When a business recruits someone whos already works for them.
what is external recruitment ?
when someone is recruited from outside the business.