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What are the 2 ways employees can be viewed?
Asset or resource
What does viewing employees as an asset mean?
Seen as a benefit
Useful
Valuable
Irreplaceable
Want to keep staff
Long-term view
What does viewing employees as a resource mean?
Seen as a cost
Value the output they provide
Replaceable
Short-term view
What factors differentiate employers viewing staff as an asset or cost?
Pay
Long-term vs 0 hour contract
Training
Promotion opportunities
Minimum possible employee rights (sick leave, holiday pay, working conditions)
Effective leadership
Professional relationships
Opportunities to collaborate/be creative/ solve problems
What are the pros of multi-skilling for employees?
Higher pay
More variation
Less boring
Feel more valued/motivated
Can take more shifts
What are the cons of multi-skilling for employees?
Harder
Lots of training
Not very good at any skill
Expected to take more shifts
What are the pros of multi-skilling for management?
Need fewer employees
Wages total to less
Flexible planning
What are the cons of multi-skilling for management?
Can only do 1 task at once
Low-level skills
Higher employee pay
Rotas are tight when people are sick
Easy for employees to find jobs elsewhere?
What are the types of contracts?
Zero-hours
Full-time
Part-time
Short-term
Permanent
What are the features of a zero-hour contract?
Employees don’t have to be given any shifts
Good for students
Irregular income
Little hours if you are bad
What are the features of a full-time contract?
Maximum hours
Usually 9-5
Usually stay longer
What are the features of a part-time contract?
Work less than maximum hours
Often 2-3 days a week/just mornings
What are the features of a short-term contract?
Fixed period of time
e.g. Christmas staff in retail
What are the pros of contracts for workers?
Legal protection
Flexibility with some contracts
Secure income with some contracts
What are the cons of contracts for workers?
Harder to leave job
Inflexible with some contracts
Unsecure income with some contracts
What are the pros of contracts for managers?
Flexible with some contracts
Save costs with part-time/zero-hours
Quickly get workers in with zero-hours/short-term
What are the cons of contracts for workers?
Hard to get rid of workers (legal process)
What are the pros of outsourcing?
Specialised at the role
No training needed
Less to control/plan/manage
More cost efficient
What are the cons of outsourcing?
Quality may be lower than expected
Poor quality reflects badly on you
What are the pros of working from home for employees?
Flexible hours
No commute
No travel costs
Less time travelling
Productivity could improve
May be fewer distractions
Can look after children more
Suits lifestyle
Office is less busy
What are the cons of working from home for employees?
Isolating
Family are distracting
Unfair for other employees if they don’t work the whole time
What are the pros of working from home for employers?
Smaller office needed
Hot desks (that aren’t assigned to one person, saves costs)
Attractive for potential employees
Employees are happier and more productive
What are the cons of working from home for employers?
Less collaboration
Only have meetings and work chats in core hours
Hard to monitor worker hours
What is collective bargaining?
The negotiation of employment conditions by an organised body of employees (unpaid on strike, legal in come occupations)
What is individual bargaining?
The negotiation process between a single employee and their employer (less effective alone)