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Employee Wellbeing: Timpson and Google Initiatives

   

Added on  2023-01-13

10 Pages3864 Words92 Views
Managing Human
Resources

ESSAY MAIN BODY
Introduction
Human resources are the employees of an organisation which are considered as the most
important asset for the business. It is important for an organisation to effectively manage their
human resources so that competitive advantage can be gained. The most important approach for
managing human resources is employee wellbeing (Čiarnienė and et. al., 2019). This concept is
related with providing satisfaction to all the employees and make efforts to retain them. The
main aim of this report is to build an understanding about employee well being and how it can
help an organisation to grow and develop their operations. For this purpose, two organisations
are selected which are Timpson and Google. Timpson Limited is a large scale private limited
company which operates in service industry and specialises in shoe repairs, locksmith services
etc. This company was founded in 1865 and has headquarters in Manchester, United Kingdom.
The other organisation is Google which is the largest technology company that specialises in
internet related services. Headquarters of this company are situated at California, United States
and was established in 1998. In this report, efforts of both these companies will be analysed
which these companies have made against employee wellbeing along with detailed explanation
of this concept.
Employee Wellbeing
The concept employee well being refers to the state where employees can be healthy and
successful (Yılmaz, 2019). This concept is related with the both physical and mental state of a
human being which must be aligned so that they can feel comfortable, healthy and happy with
the working environment. According to International labour organisation, employee well being
relates with the all the aspect of an employee’s working life. The working environment of an
organisation must be aligned with quality, safety and physical environment so that employees
can be satisfied from their working place.
This concept is even known as the major issue in organisations as majority of the company
fails to maintain a balance between their employee’s working and personal life. An organisation
can only grow and develop in today’s dynamic market environment, if their employees are
appropriately motivated and happy. But the work life stress fails to motivate individuals in a
company and results into high employee turnover.
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In order to identify whether an organisation is investing in the wellbeing of people, the
nature of this concept must be evaluated. Nature of employee well being are the well designed
set of characteristics which helps in identifying whether an organisation is investing in well
being of people. These characteristics includes various activities, initiatives and processes.
Effective communication and connections are the first most traits of employee well being. If a
workplace allows employees to communicate with their colleagues and share their ideas with
their superiors, then it can be said that the company is investing in the well being of their
employees. Another characteristic of this concept is safety and security. If employees of an
organisation are given security services as job security, health security and insurance then it can
be identified that the particular organisation is concerned about well being of employees
(STRIELKOWSKI, Kalyugina and Mukhoryanova, 2019).
The concept of employee well being is continuous in nature and is not limited to a time
period. Equality is another characteristic of this concept which ensures that all the employees in
an organisation are treated equally and there is no discrimination between them is done on the
basis of sex, religion, age, race etc. Another characteristic of employee well being is rewards
and recognition. Rewards includes bonuses, incentives and other monetary and non monetary
prizes which are given to employees for their hard work. Recognition are the intangible rewards
such promotion and employee of the month certificates which motivates employees to contribute
their best towards the organisational objectives. These rewards and recognition, if distributed in
an organisation then it can be said that company is effective contributing to the employee well
being.
Employee well being is a collection of various practices due to which it has a wider
scope. This concept helps an organisation to satisfy their employees due to which they well-
contribute in the organisation and productivity of the company enhances. Besides this, the
concept of employee well being also helps in developing a positive working environment in an
organisation. Scope of this concept also includes employee engagement and high retention of the
skilful employees. The scope of employee wellbeing can also be analysed using Maslow’s
pyramid.
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