Business - 1.4 marketing and people

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12 Terms

1
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define staff as an asset

employers who view their staff as assets will value their employees and have concern for their welfare.

2
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define staff as a cost

employers will likely focus on minimising cost

3
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Advantages and disadvantages of temporary workers

ADS

  • flexible when demand is high, when demand is low cut back on workers

  • low cost but high efficiency

  • fill short term needs

DIS

  • not employed by the company

  • less prodictive

  • may require training and supervision costs

4
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what is dismissal

when workers fail to meet the required standard or through misconduct.

5
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what is redundancy

unemployment when there is no work

6
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what is employee representation

when employers are part of a formal structure that in involves business decisions

7
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why should businesses have formal employee representation

  • employees views are known to management

  • helps understanding of workplace issues

  • help create an atmosphere of mutual understanding

8
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Advantages of employer and employee representation

ADV

  • increased empowerment and motivation = more committed to the objectives and strategy of the business

DIS

  • time consuming = slows decision making = less productive = may create conflict between employee intrest

9
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types of employee representation

  • trade union

  • work council

  • employee committees

10
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describe the recruitment process

  • identify the vacancy

  • produce job description and person specification

  • advertise the vacancy

  • short list applicants

  • interview each candidate

  • select the best candidate for the job and offer them the position.

11
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Internal vs external recruitment

ADV (internal)

  • cheaper - lower recruitment cost HR cost lower

  • More informed process - internal candidates are already familiar with the organization and its culture. more motivated, increased staff retention

  • faster process - more productive

ADV (external)

  • larger pool of pottential workers - access to diverse skills and experiences from outside the organization.

  • fresh ideas - innovative or more creative - helping operational process or production

  • dont need to replace worker

EVALUTAION

  • it depends upon : skill of the job, situation of the business

12
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Different types of training

induction training

on the job training

off the job training