People Resourcing an Reward

How can the concept of flexible firm and flexible practices benefit cost-conscious organisations?

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  • Created by: Sherie
  • Created on: 08-04-13 13:34
What is a flexible firm?
Flexible schedules
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Various forms of flexibility practices
Part-time, compressed hours, home work, etc
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Benefits of flexible firm to cost conscious organisations
Reduced absence, reduced costs in retaining employees
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Describe Atkinson flexible firm model
Four causes to flexibility, technological, legislative, changing business objectives and recession
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Legge (1998) said:
Employers benefits in many ways - retaining employees and reduced absence
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Pfeffer (1998) said:
Best Practice approach: not just by flexibility but HR good practices will enhance performance
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Hay (2002) said:
lack of job satisfaction will lead for employees to leave
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Peacock (2007) said:
Flexible working practices help retain employees which helps reduce costs
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Other cards in this set

Card 2

Front

Various forms of flexibility practices

Back

Part-time, compressed hours, home work, etc

Card 3

Front

Benefits of flexible firm to cost conscious organisations

Back

Preview of the front of card 3

Card 4

Front

Describe Atkinson flexible firm model

Back

Preview of the front of card 4

Card 5

Front

Legge (1998) said:

Back

Preview of the front of card 5
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