Answer:
The critical analysis of temporary staff hiring & firing, depending on demand is given below :
Step-by-step explanation:
Hiring & firing personnel, during periods of peak demand & periods of lower demand respectively - can have many undermentioned advantages & disadvantages :
Advantages :
- Fulfilment of consumer's demand in high demand periods.
- Cost saving during low demand periods
- Highly suitable for seasonal industries, with highly fluctuating demand.
- Temporary staff is cheaper for companies, it is to be availed with less perks, social security etc
Disadvantages :
- Incurring high temporary recruitment cost again & again
- Consistency & Quality of product or service might be compromised, as the labour indulged is fluctuating so much
- Employees might feel lack of job security & hence not associate belongingness with their job, company. It can reduce their incentive to work hard towards organisation objectives
- Prospective employees & hiring intermediaries might build a bad image of the company as an employer. It might create staff finding difficulties, when needed later.