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Importance of Employee Relations and Employment Law: A Case Study of Marks and Spencer

   

Added on  2023-06-17

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Importance of Employee Relations and Employment Law: A Case Study of Marks and Spencer_1

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
A brief statement of value and importance of employee relations at the organisation as well as
an analysis of the fundamental of employment law:...................................................................3
An account of the various rights, obligations and responsibility which an employer and
employee has within workplace:.................................................................................................4
Stakeholder analysis for Marks and Spencer as well as examine how stakeholder engagement
and contribution can support positive employment relationships :.............................................6
Positive and negative affects of employees relation on various stakeholders :..........................8
CONCLUSION .............................................................................................................................10
REFERENCES..............................................................................................................................10
Importance of Employee Relations and Employment Law: A Case Study of Marks and Spencer_2

INTRODUCTION
Employment relationship examine a legal activity between employee and its employer which is
there if a person executes its work under certain circumstances in exchange of worthy amount. It
is also evaluated as a major point which is behaviours of employer's obligations as well as rights
towards its colleagues, subordinates and seniors. As because of this managers need to keep the
relations healthy among its employees in order to encourage efficiency in the organisation. The
following report is based on Marks and Spencer, which is a Multinational retailer in United
Kingdom and was founded by Michael Marks and Thomas Spencer at the time of 1884 and they
are having their headquarters in London, England (Ando, 2021). They deals in home, food and
retail products. The following report will cover importance and value of relations of employee as
well as their fundamental law linked to this. Moreover, it will cover about the obligations and
right for employee and employer at the organisation. Additionally, stakeholder analysis as well
negative and positive impact in the activities of the organisation will be there.
TASK
A brief statement of value and importance of employee relations at the organisation as well as an
analysis of the fundamental of employment law:
Employee relation refers to the company's hard work to make and keep a optimistic bond with
among subordinates and seniors. By keeping optimistic, brawny employee bond, company
expect to keep their workers loyal and more productive in their accomplishment of goals and
objectives. The importance and value of employee relation is described below in context to
Marks and Spencer:
Increased Motivation – Less engaged workers can cost a company lots of money
because of low productivity. Organisation which have ensures the engagement of its
workers receives higher productivity in the company (Arvas, 2021). In context to Marks
and Spencer, management requires to make sure that their employees are working
together with having a proper bond which can help in workers feeling motivated and
empowered.
Loyalty of employees – A grateful and productive working atmosphere can have an
impact on the employees loyalty and maintaining peace among the workers. Proper
worker relations are the main reason for the success for any organisation. Irrespective of
Importance of Employee Relations and Employment Law: A Case Study of Marks and Spencer_3

the number and size of the employees, in relation Marks and Spencer, they required to
give attention to the relations among the employees. It can assist them in accomplishing
long term success (Bobek, Pembroke, and Wickham, 2021). Employee relation is very
essential for the company's long term success as it is majorly dependent on the
productivity and engagement of their staff. The most important asset of the organisation
is their employees and growth of the company totally depends on them so organisation
need to keep their employees motivated.
Enhanced Revenue – Employee relations has a optimistic impact on the long term
revenue and growth of the firms. The perks of a healthier and happier working
atmosphere is not only in the organisation but also helps in customer satisfaction. In case
of Marks And Spencer, company having more encouraged and engaged workers leans to
give results in better consumer satisfaction which can increase their sales and revenue.
Reduction in turnover – Relation among the employees is the backbone of any
organisation. Bad relations among employees can impact the outcome and result in high
employee turnover. In relation to Marks and Spencer, worker have good employee
relations that gives higher wages and several other tempting rewards that makes their
employees to stay and work more hard for them.
Fundamentals of employment law of UK
It includes all the aspects of the bond between employee and its employer. It includes
newest knowledge on the law of employment in the nation. These laws impacts the employees
and its seniors across of various industries. As a worker, people can know and understand their
and their co worker's rights and obligation in the organisation which involves safety, health,
leaves, wages, rewards and more (Cao, and Yu, 2021). There are various legislations which
affects the employment relationship that are discussed below-
National Minimum Wages Act- This law is aimed to protect the rights of workers and
ensure that they are given minimum wages for the work they do for the employer. Its
purpose is to make sure that employees are given legitimate wages so that they can work
effectively and earn their livelihood. Likewise, if minimum amount is provided to staff, it
leads to positive relationship between employer and employee and they feel motivated to
work even harder.
Importance of Employee Relations and Employment Law: A Case Study of Marks and Spencer_4

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