Business workers

Business workers - foreign or retrained?

Advantages

  • Skilled engineers require no training so there will be no expensive training costs
  • Due to the UK being a member of the EU, workers can easily move between countries
  • Existing workers are already familiar with AS Plc so after training will fit back in quickly.
  • Existing workers will have a higher status/skill which will improve motivation and potentially increase productivity
  • Existing workers will feel more valued by management and therefore have more commitment and loyalty to AS Plc

Disadvantages

  • Skilled engineers may expect a higher wage and other fringe benefits
  • Could take time and money to advertise and assess potential candidates from overseas
  • Foreign workers will not be familiar with AS Plc
  • If only a few of AS Plc'S workers are retrained, other workers will feel demotivated and not feel good enough as they weren't selected to be retrained
  • It may be difficult and expensive to retrain workers who have very different skills

Evaluation

In conclusion, I think it would be better if AS Plc retrained it's existing workers as they are already familiar with the business and will feel more motivated having been retrained.

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all People in business resources »

Business workers

Business workers - foreign or retrained?

Advantages

  • Skilled engineers require no training so there will be no expensive training costs
  • Due to the UK being a member of the EU, workers can easily move between countries
  • Existing workers are already familiar with AS Plc so after training will fit back in quickly.
  • Existing workers will have a higher status/skill which will improve motivation and potentially increase productivity
  • Existing workers will feel more valued by management and therefore have more commitment and loyalty to AS Plc

Disadvantages

  • Skilled engineers may expect a higher wage and other fringe benefits
  • Could take time and money to advertise and assess potential candidates from overseas
  • Foreign workers will not be familiar with AS Plc
  • If only a few of AS Plc'S workers are retrained, other workers will feel demotivated and not feel good enough as they weren't selected to be retrained
  • It may be difficult and expensive to retrain workers who have very different skills

Evaluation

In conclusion, I think it would be better if AS Plc retrained it's existing workers as they are already familiar with the business and will feel more motivated having been retrained.

Comments

No comments have yet been made