Class notes
Human Resources Management IIA Chpt.7 - Flexibility, Work-Life Balance, and Wellness
- Course
- Institution
- Book
Addressing flexibility in relation to work-life balance
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Human Resources Management IIA Chpt.6 - International Perspectives
-
Human Resources Management IIA Chpt.1 - Managing People
-
Human Resources Management IIA Chpt.2 - The Concept of Human Resources Management
Seller
Follow
ProfBurgerQueen
Content preview
Human Resources Management IIA by ProfessorBurgerQueenFlexibility, Work-Life Balance, and Wellness
- The concept of flexibility is challenged by rigidities in the job market:
- Lack of mobility
- Refusal to accept new conditions
- Minimum wages
- Constraints on hiring and firing
- The concept covers a combination of practices that enable organisations to react
quickly and cheaply to environmental changes
- In essence, flexibility is demanded from the workforce in terms of pay, contractual
rights, hours and conditions, and working practices
- This extends to the employment market, requiring job seekers to show willingness to
move locations, change occupation, and accept radically different terms of
employment
Forms of Flexibility
- Numerical
- Functional
- Pay
- Core & peripheral workforce
- Numerical flexibility is the ability off the firm to adjust the quantity of labour to meet
fluctuations in demand
- Functional flexibility is a concept where employees can work different functions pr
can be deployed purposely to various roles and handle various responsibilities
- Pay flexibility is said to occur when wages respond to changes in supply and
demand, and lead to the market clearing wage being set
- A peripheral workforce includes employees that are only temporary and do not
contribute to the most essential tasks of the business
- A core workforce includes employees who perform the vital activities of the
business
- Core staff - secure, long-term, benefits
- Peripheral workers - short-term, insecure, no benefits
- Peripheral workers encompass - subcontractors
- Contingent staff
- Outsourced services
- Non-standard contracts
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 ProfBurgerQueen. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.42. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81113 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now