Managing People (Edexcel A-Level Business): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Benefits of strong employer-employee relationships
Benefits of strong employer-employee relationships
Higher productivity, adaptable workforce, strong cooperation
Why employers resist pay increases
Why employers resist pay increases
To control costs & maintain competitive pricing
Why employees fear new technology introduction
Why employees fear new technology introduction
Fear job loss/redundancy & need to learn new methods
Zero-hours contract
Zero-hours contract
Contract with no guaranteed minimum hours of work
Individual approach to employment relations
Individual approach to employment relations
Each employee negotiates own terms directly with employer
Collective bargaining
Collective bargaining
Negotiations between employers & employee representatives
Trade unions
Trade unions
Worker organizations that promote & protect members' interests
Main advantage of collective bargaining
Main advantage of collective bargaining
Equalizes bargaining power between employers & employees
Industrial action
Industrial action
Disruptive measures workers take to pressure employers
Strike
Strike
Workers withdraw their labour completely