Employment contracts HRM & flexible employment contracts

15 flashcardsby Darius
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1
Full time employment contracts
- an employment contract that is for a complete working week
(same ads and disads as permanent employment contracts)
ads
-help satisfy safety and security needs (maslow)
result in employee loyalty to the business being high and employee turnover being low

disads
-labor costs can become fixed costs as they connot be easily varied
- contracts are inflexible as they do no tallow employers to vary the number of workers or the number of hours they work
2
permanent employment contract
- a contract that employs a worker unless they are dismissed , made redundant or decide to leave the organisation
(same ads and disads as full time employment contracts)
ads
-help satisfy safety and security needs (maslow)
result in employee loyalty to the business being high and employee turnover being low

disads
-labor costs can become fixed costs as they connot be easily varied
- contracts are inflexible as they do no tallow employers to vary the number of workers or the number of hours they work
3
temporary contract
the contract is only offered for a fixed period of time (eg 6 months ).the contract can be renewed but the employer does not have to do this
4
part time contract
workers are only contracted to work for a certain number of hours each week (less than the full time working week)
5
zero hours contract
an employment contract thast does not guarentee a minimum number of hours per week , but the worker is expected to be available for work whe called by the employer
6
gig economy
an employment mix in which temporary , flexible jobs are common , workers are hired as indpendent contractors or freelance employees (contract labor)`
7
ads and disads of temporary , part time , zero hours and gig employment contracts to a business
ads
- fixed labore costs are reduced (employees can be called to work during busy times and not during slower times)
- flexibility offers firms competitive advantages ( give good customer service without substantial cost increases)
-more workers available to be called upon should there be any causes of absenteeism
- efficiency of any employees can be assesd before they are offered a full time contract

disads
- more employees to manage
- effective communication will be difficult
- motivation may be low ( temporary/part time workers may feel less involved and committed to firm)
- difficult to establish teamwork culture
8
ads and disads of temporary , part time , zero hours and gig employment contracts to employees
ads
- some workers prefer flexibility and control over when to work (possible better work life balance)
- workers may be able to combine jobs in different businesses ( greater variety to their working lives and wider work expirience)
- gig workers claim they prefer the indpendence and control over their lives offered by this form of work
- tow or more part time jobs may give a similiar income to a full time one

disads
- par time pay will be less than on a full time contract
- security of employment with these contracts will be less than for permanent workers
- other working conditions are often inferior to those of full time permanent employees ( holdiays , pensions etc)
- there may be fewer training oportunities than those offered to full time / permanent workers
9
flexible employment contracts
a contract that allows employees more control over their work life balance , including options to work from home , flexible start and finsih times , to work part time or to job share
10
flexitime arrangement
- a flexible way of working that allows to fit their working hours around thier individual needs, and to accomodate other commitments outside of work

ads
- benefits to employees : more choice over working hours , the ability to plan for other activities
- benefits to firms : being able to attract well qualified recruits , having longer working day , improving customer service , improved workforce motivation

disads
-may not be enough employees in attendance at all times so careful scheduling will be needed
- teamworking becomes more difficult
- holding meetings and communication become more difficult as not all employees will be attending work at the same times
11
home working
- when an employee works from home , often a specific number of days per week , but keeps contact with the office by means of modern IT comm.

ads
- this suits many employees who have a long journey to work
- reduces time wasted in travel
- reduces business costs of accomadting all employees at one time

disads
- it can be difficult to assess employee performance when working from home
- no face to face contact possible during home working
- teamworking can become more difficult
12
annualised hours contracts
- a contract offering a specific number of hours of work over the whole year , but with some flexibility about when those hours are worked

ads
- offers employees more flexibility for planning other activities
- more flexible for employers as they can call in workers as and when they are needed

disads
- workers may have less freedom than intended if they can be called to work at a very short notice
- if annual hours are used up before the end of the year , high cost overtime rates might have to be offered
13
job sharing
- a work schedule in which two employees voluntarily share the responsibilities of one full time job. they receive a salary and benefits on a pro rata basis

ads
- workers may be more productive ( less tired and stressed) when they do work
- firm able to keep two expirienced employees per job role
- workes have greater freedom to acheive work life balance

disads
- HR administration has to be provided for two workers rather than one
- there may be some confusion over who does what and who is responsible and accountable
- if the workers who are sharing a job do not trust each other , this scheme is unlikely to be successful
14
compressed working hours
- the number of hours per week of a full time job but worked in fewer days (4/10 - 4 days 10 hours)

ads
- offers employees more opportunities for three - day weekends
- employees with long journeys to work may appreciate having an extra day off

disads
- working parents may not be avle to accommodate longer workdays
- some people prefer to work in shorter bursts rathe thanfor long stetches
- must ensure sufficient workers are in attendance each day , which might be a problem as some days are popularly taken off as holidays
15
shift work
- work that takes place on a schedule outside the traditional 9-5 day. it can involve evening or night shifts , early morning shifts and rotating shifts

ads
- increases output of the business
- ensures expensive capital equiment is fully used ( equipment will be used 24hrs a day )
- workers may be able to switch their shift so there is some flexibility

disads
- machine maintenance and repair shcedules have to be built into the shift system
- about 20% of night and rotating shift workers ar thought to have a sleep disorder known as shift work disorder. this can cause long term stress related health issues
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