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List TWO features of an employment contract - HSC - SSCE Business Studies - Question 21 - 2009 - Paper 1
Question 21
List TWO features of an employment contract. Outline TWO advantages and TWO disadvantages of using casual employment contracts for a business. Advantages: Disadva... show full transcript
Worked Solution & Example Answer:List TWO features of an employment contract - HSC - SSCE Business Studies - Question 21 - 2009 - Paper 1
Step 1
List TWO features of an employment contract.
Answer
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Written Terms: An employment contract should be provided in writing, stating the roles and responsibilities, salary, and working conditions.
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Duration: The contract should specify whether it is a temporary or permanent position, including any probationary periods.
Step 2
Outline TWO advantages of using casual employment contracts for a business.
Answer
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Flexibility: Casual employment allows businesses to adjust staffing levels according to demand, providing the ability to scale up or down easily.
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Cost-Effectiveness: Businesses save on costs associated with full-time employment, such as benefits and long-term obligations, as casual employees are typically not entitled to the same benefits.
Step 3
Outline TWO disadvantages of using casual employment contracts for a business.
Answer
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Inconsistency: Casual employees may not be available when needed, leading to potential gaps in staffing and inconsistency in service delivery.
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Training and Integration: Frequent hiring of casual staff can result in increased training costs and time, as new employees may require continuous onboarding, impacting overall business efficiency.