Improving Workforce Performance (Edexcel A-Level Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
Absenteeism
Absenteeism
Employees failing to attend work when scheduled
Taylor's scientific mgmt theory focus
Taylor's scientific mgmt theory focus
Money as primary motivator; pay based on output
Piece rate payment
Piece rate payment
Workers earn based on units produced
Sharesave scheme structure
Sharesave scheme structure
Save monthly to buy shares at fixed price after 3/5/7 years
Pseudo-consultation
Pseudo-consultation
Mgmt decides then informs; no employee influence power
Integrative consultation
Integrative consultation
Most democratic; joint decision-making by mgmt & employees
Empowerment
Empowerment
Granting employees greater authority and autonomy in work
Skills gap
Skills gap
Difference between current & needed employee capabilities
Labour productivity formula
Labour productivity formula
Total output ÷ Number of workers
Staff turnover rate formula
Staff turnover rate formula
(Staff leaving ÷ Average staff) × 100