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Management Report

   

Added on  2023-01-18

8 Pages2221 Words48 Views
MANAGEMENT REPORT

Table of Contents
ABSTRACT....................................................................................................................................3
MAIN BODY..................................................................................................................................3
To investigate concept of Zero hour contract..............................................................................3
Adequacy of Zero hour contracts as work arrangements in UK.................................................4
Future trends of the zero hour contracts......................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................1

ABSTRACT
Management report is an important writing style that needs to be developed in order to
work in a professional environment. In this report, the latest employment trend which is zero
hour contract has been evaluated and discussed where it s various advantages and disadvantages
have been highlighted and the JD Wehtherspoon, an organisation that uses these kind of
contracts, has been evaluated that whether this is a correct strategy or not.
MAIN BODY
JD Wetherspoon Plc, which is commonly referred as Spoons, has its headquarters located
in Watford, Hertfordshire and owns a chain of pubs distributed over entire UK and Ireland and
the company is even listed on the London stock exchange. It’s employees collectively 38384
employees as in the year 2018 and the revenue of the company was estimated to be 1693.8
million pounds in the year 2018 and the net income was 66.7 million pounds as published in their
annual report for the year 2018. From the year 1979, in which Tim Martin first opened this pub
to today in the year, 2019, the company has come a long way and there are various highs and
lows that the company has experienced (Wetherspoon, 2019). Currently, there have been issues
that the company is not giving enough or adequate support to its employees and they are being
abused in the working place which is further not giving healthy working environment and the
conditions are steadily deteriorating in the company for its workforce. Therefore, the managers
have been trying to resolve this issue as soon as possible by formulating appropriate strategies
and zero hour contracts have been selected as one of the most efficient method in addressing the
needs of the employers. This has been used effectively in the organisations where more than 80%
of the workforces i.e. around 24000 employees are employed on the basis of this kind of contract
(Wetherspoon, 2019).
To investigate concept of Zero hour contract
Koumenta and Williams (2019), sought to determine the fact that, Zero hour contract is a
contract between worker and employer. This contract states that, employer is not obligated to
provide any minimum working hours and the worker is not obliged to accept work offered by the
employer. Zero hour workers are mainly entitled to National living wage, annual leave, National
minimum wage, payment for work related travel. Zero hour contract is also referred to as casual
contract. This tends to state that the worker are not obliged to accept any working hours.
Therefore, business is not obliged to provide benefits which are offered to the full employees

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