Edexcel Business A Level Revision

On-the-job training - occurs in the workplace, sometimes as part of an apprenticeship scheme Off-the-job training - takes place away from the workplace in colleges or specialist training centres. Induction - is the training given to new employees to familiarise them with the work environment, the requirements of the job and their colleagues. Induction training is the first stage of an ongoing training programme, designed to welcome new starters and help motivate them. It will usually involve introductions to key personnel, a tour of the premises and facilities and including coverage of relevant health and safety requirements. ADVANTAGES OF ON THE JOB TRAINING Generally most cost-effective Employees are actually productive Opportunity to learn whilst doing Training alongside real colleagues Easy to organise Training is specific to the business and therefore fully relevant DISADVANTAGES OF ON THE JOB TRAINING Quality depends on the ability of trainer and time availabl...

Labour Turnover - measures the rate at which staff leave the business. They may or may not need replacing. It can measured by the percentage of staff leaving within a time period. Recruitment and training are expensive and it takes some time for new recruits to become fully competent. The more senior the position, the more it will cost. HARD COSTS OF RECRUITMENT Advertising and recruitment agency costs Interview costs and expenses and managerial time diverted Costs of training and induction SOFT COSTS OF RECRUITMENT Loss of production when staff are involved in recruitment and training Time taken to build up knowledge, experience and working relationships with co-workers and customers. The costs of recruitment and training mean that a high rate of labour turnover can be a real problem. It entails the loss of valued skills and knowledge and therefore lowers productivity. It may affect employee motivation. Even so, a certain amount of labour turnover can bring in capable a...