Every note that covers this specification point.
Taylor’s Scientific Management in a Nutshell Taylor’s scientific management is a theory that proposes there is one best method for completing each task, discovered through systematic observation and measurement. Workers are then…
Motivation in a Nutshell Motivation is the set of internal and external factors that drive a person to work towards a goal. In a business context, motivated employees tend to be more…
Absenteeism is the habitual or frequent absence of employees from work without valid reason. It is measured as a percentage using a simple formula, and high rates signal problems with motivation, management, or working conditions. Businesses track absenteeism to identify workforce issues, reduce costs, and improve productivity. Understanding this metric is essential for GCSE and A-Level Business Studies students.
Labour turnover measures the percentage of employees leaving a business over a set period. It is calculated by dividing the number of staff who leave by the average number of employees, then multiplying by 100. A high rate signals potential problems with pay, management, or working conditions, while a low rate suggests strong staff retention and satisfaction.
Labour productivity measures the output produced per worker over a given period. It is calculated by dividing total output by the number of employees. A rise in productivity per worker means a business is getting more from its workforce, which can lower unit costs and boost profitability. Understanding this metric is essential for GCSE and A-Level Business Studies students, as it connects to efficiency, competitiveness, and human resource management.
Labour retention measures how well a business keeps its employees over a set period. A high retention rate suggests strong job satisfaction, effective management, and competitive pay, while a low rate signals problems that could increase costs and reduce productivity. This metric is essential for GCSE and A-Level Business Studies students to understand, calculate, and evaluate.
