"Approaches to staffing" (Theme 1: A level Business Edexcel)
12 views 0 purchase
Course
Unit 1 - Marketing and people
Institution
PEARSON (PEARSON)
In this lecture notes you will find in depth notes for the topic "Approaches to staffing" Theme 1 of Edexcel A level business which is called marketing and people.The textbook "Edexcel AS/A level BUSINESS, 5th edition, Pearson" is referenced in these lecture notes. They are really well written and ...
LESSON 13
Approaches to staffing
Why are staff important?
- Thy did the work, machine can’t do
- Customer service (maybe they want to do business face to face)
- Production (something must be carried out by hand, e.g. Cake)
- People work in functional areas
- Provide leadership
- Without them you have an empty shell
As businesses grow, staff my change
- Family business: more informal environment,
more flexible timetable.
- Mc: If you do something bad, you’re going to
face serious consequences
They have different ways to staff.
.Are staff an asset or cost?
Staff as a Cost
, Staff as an Asset
Example: GOOGLE
It’s an asset staff because the staff is treated really well, but also a cost staff because they
work really hard. So they first work hard and then they play. (They have everything at work,
so google don’t want them to go home, it’s strategic)
.Where do employees' costs come from? (Not just what they receive in their pay
packet)
- Recruitment (cost of hiring new staff)
- Training (The cost of training and covering staff while they are away from their jobs)
- Remuneration (Pay, National Insurance, Contribution, Health insurance)
- Welfare (Sick pay, Pension contributions)
- Severance (Redundancy pay)
- PPE=Personal Protective Equipment
- Uniform
- Equipment like technology
- Food
- Holidays paid
- Pension
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller annacarcelli. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.49. You're not tied to anything after your purchase.
