Analyse the rights and responsibilities of employees as stakeholders in a business.

Mark scheme

Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.

1. [1] Right: to be given legal entitlements such as minimum wage.
2. [1] Right: to be treated in the workplace as set out in an employment contract, including conditions of service, hours, disciplinary procedures, and holiday entitlements.
3. [1] Right: to join a union or trade association to protect employment rights.
4. [1] Right: to have basic human rights guaranteed.
5. [1] Responsibility: to meet the conditions of the contract of employment.
6. [1] Responsibility: to be honest and productive.
7. [1] Responsibility: to co-operate with managers and supervisors.
8. [1] Responsibility: to uphold the ethical codes of behaviour set by a business.
9. [1] Responsibility: to respect the confidentiality of the business.
10. [1] Customers/service users may experience services no longer being available, reduced in scope, or subject to price increases, especially if privatised.
11. [1] Employees may face concerns about potential job losses, contracting of the organisation, or reduced conditions of employment as drastic measures are taken to preserve a reduced service.
12. [1] Unions will be concerned about the potential negative impact on their members, such as job security and working conditions.
13. [1] Local Government will be affected by the threat to the public sector organisation, impacting their local economies and service provision.
14. [1] Suppliers to the public sector organisation will have concerns about the reduction in financial support impacting their own businesses due to decreased demand.
15. [1] The impact on stakeholders will depend on the extent of financial reduction, the organisation's ability to make savings, find alternative finance, or make structural/management changes.
16. [1] While some stakeholders (e.g., employees) may suffer, others (e.g., taxpayers) might benefit from reduced government spending through lower tax rates or more discretionary options for government.