4.2 Manpower

4.2.2 Training methods Identify and explain different training methods (internal and external)
'''Internal and external training: '''

INTERNAL:

- When the business organizes the training for its employees itself

'' Advantages: ''

- The business can alter the training to suit necessity or the employees’ needs

- The training is more private since it is limited to the business’ employees only

'' Disadvantages: ''

- The business must finance the training themselves

- The business must take time to organize the training

EXTERNAL

- When an organization other than the business organizes the training (the employees will just attend)

'' Advantages: ''

- The business does not have to harbour the costs of organizing the training

- The business does not have to take time to organize the training

'' Disadvantages: ''

- The business has no control over what is being taught at the training

- The training is more than often public so it is not exclusive for employees of the business only

'''Why do businesses need to train employees? '''

- Employees need to know how to do their jobs efficiently and how to adapt to changing circumstances

- Employees feel valued when they get good quality training

- The business can benefit from a more efficient workforce that results from good quality training

4.2.3 Dismissal and redundancy Explain the difference between dismissal and redundancy
'''Termination of employment '''

'' Resignation: ''

- When an employee leaves the employment voluntarily (sometimes to take up a new job offer)

'' Retirement: ''

- All contracts of employment normally end when an employee reaches retirement age.

'' Redundancy: ''

- When an employer has to ‘lay off’ employees to save costs or improve productivity

- Redundancies are usually negotiated with trade unions that make sure that the effects of redundancies are minimized.

- Employees are given compensation for the loss of their job.

'' Dismissal: ''

- When an employer feels that the behaviour of an employee is unreasonable or breaks the terms of the contract.

- The reason for dismissal must be fair and connected with an employee’s conduct or capability at work

'''Other reasons for reducing manpower: '''

'' Introduction of new machinery: ''

- Machinery is more efficient than manpower so is a good replacement for manpower

- Efficient machinery can save the company labour costs

'' Too much manpower: ''

- Sometimes, there can be too many people working at the company that productivity does not improve, and the labour is costing the company money

- The business may need to put the unnecessary employees into redundancy to save on labour costs