Managing Human Resources: Scope, Nature, and Limits of Employee Well-being
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This report analyzes and evaluates the scope, nature, and limits of employee well-being in general practice. It discusses the initiatives taken by Tesco and Marks and Spencer to ensure employee well-being and gain competitive advantages.
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Managing Human Resources
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 Employees Well-being, its scope, nature and limits in general practice.....................................3 Scope of employees well-being...................................................................................................3 Nature of employee's well-being.................................................................................................4 Limitation of Employee's well-being...........................................................................................5 Tesco take initiative for employee's well-being..........................................................................5 Marks and Spencer's Efforts at Employee Well-being................................................................8 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Managing human resource is a process that involve effective utilization of human resource by enhancing their performance and productivity within organization. As people are the most important resource that helps in growth and success of business so management of such resource is an essential part of operation of business. Employees well-being is satisfying needs of individual by providing attractive compensation, ensuring health and safety of people. Therefore, it is necessary for effective performance and productivity of employees in the organization. This report analysis and evaluates employees well-being scope, nature and limits in general practice of business.Tesco and Marks and Spencer by taking various initiative to ensure Well-being of employees is able to gain competitive advantages in the market and build strong brand image. Employees Well-being, its scope, nature and limits in general practice Employees well-being is associated with optimizing health and safety of all employees that are working in the organization for achievement of common objectives.It is not only limited to health and safety of employees, but they should be satisfied and happy with work and organisation.Government and public are also forcing companies to ensure employees well- being for smooth operation of business (Bowen,Pilkington and Rose, 2016). Therefore, employees well-being helps in enhancing productivity, performance of individual and helps in achievement of company goals. Thus, every employer of company has to ensure health and safety and needs of employees are satisfied, in order to motivate them to perform work effectively. Scope of employees well-being Most of the companies are taking various initiatives for employees well-being by organizing programs to understand employees needs and satisfaction in better manner. Thus, scope of Employees well-being is increasing at rapid stage as it helps in optimum utilization of human resource by enhancing their productivity and performance(Moore, 2017). Thus scope of employees well-being in the organization is as follows: It helpsin engaging employees:Companiesthattake initiativeto ensure well-beingof employees in the organization by render various services and benefit to them is able to satisfy needs of individual. It also motivates employees to work effectively in coordinate manner with other employees within firm to achieve desired result. Thus, employees will make extra effort as
their employer think about their benefit, so they are ready for handing stress and meeting customer deadlines. Helps in retaining employee's loyalty :Employees well-being also helps in retaining employee's loyalty as they are happy and satisfied by various effort taken by employer for their well- being. It creates a sense of belongingness and further motivate individual to improve performance in order to render standard and qualitative services to customers (Lumbera and et.al., 2019). Thus, it benefits to company in long run by retaining employees within firm and helps in building strong brand image as loyal employees promote company image to other people living in the society. Therefore, it helps in increasing profitability and sales of company and gaining competitive position in the market. Reduction in Employees turnover:Employer of company by ensuring heath and safety, needs of employees by providing good working environment is able to reduce employees turnover. Individual more likely to come office and perform effectively for achievement of desired goals (Demerouti and et.al., 2017). They put all their effort and work hard, avoid conflict with each other to work as a team for growth and success of company in the industry. Therefore, it helps in reduction of cost of recruit and absenteeism within organization as the employees are highly satisfied and motivated to performance effectively. Nature of employee's well-being Employeeswell-beingisnecessaryforcompanytoincreaseproductivityand performance of employee's by satisfy their needs and ensuring health and safety of them while operating business. Better working environment:Manager by providing good work environment and building strong relationship with employees is able to understand needs and demand of individual. It also makes effort to built strong interrelationship among employees so that individual efforts are coordinated towards organisational goals (Puri and Tiwari, 2016). Therefore, manager is able to satisfy needs and motivate them to work effective and improve its performance for company growth. It also reduces number of absenteeism and employment turnover as employer ensure needs of each and every employee in the organization. They are ready to face difficult situation and make extra effort for growth and success of firm in the industry. Attractive compensation:Company have to provide attractive and equal compensation benefit to every individual working in the organization. As money is basic needs that satisfy and motivate
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employees to work hard for firm growth and expansion in the industry. Manager of company by providing equal opportunity to individual while planning for promotion is able to motivate people in the firm. Ensuring health and safety of employees:Employer take various measure to ensure health and safety of employee's that are working in the organization. Insurance is the another benefit that is given by employer to attract individual to improve its performance and productivity for company growth (Adil and Baig, 2018). Therefore, health and safety is another nature of employee's well- being in organisation by the employer. Limitation of Employee's well-being Despite positive impact of employee's well-being company there are various limitation of employee's well-being for a company such as it will lead to increase in cost of company. Lot of time and energy is wasted in planning for various method to ensure health and safety of employees. Thus, various limitation of employees well-being are as follows: Increase cost:Many small business cannot afford to bear cost related to investment of employees benefit programs as they have small amount of resources and capital to run business. Therefore, it leads to increase in cost of company and reduces profitability thus some firm try to avoid employee's well-being program. Lot of time:Company has to spend lot of time in searching various method to satisfy needs of different employees working in the organization.Some time method used by firm may act as ineffective so it leads to wastage of productive time and effort of company. Thus it can be stated that ineffective utilization of time and effort result into less productive and performance of company. Tesco take initiative for employee's well-being Tesco is a large organization with number of employees that are working together for success and growth of company in the organization. Employees are most crucial resource of company, so they have to be managed properly for effectively performance and productive in the organisation (Ogruk and Anderson, 2018). Thus, Tesco take various steps and initiative for well- being of employees to enhance their performance, productivity. Highly satisfied and motivated employees of Tesco try to avoid conflict and work as term together for desired goals and objectives. They provide qualitative services to customers to satisfy their needs beyond their expectancy. Employer of Tesco by taking initiative in well-being of employees also able to retain
their loyalty within organisation and reduce employment turnover and absenteeism. The various initiative that are taken by Tesco for well-being of employees that helps it in gaining competitive advantages in the market are as follows: Create productive environment:Tesco by providing creating environment to its employees is able to enhance knowledge and skill of people working in the organization. Manager of company also build strong interpersonal relationship so that employees by communicating with each other work as a team for achievement of company goals. It also encourages ideas, views, opinion from different individual that increases learning of each individual that helps in growth in both personal and professional life. Tesco by providing such work environment is able to motivate and influence employee's to work hard for established of strong brand image. Attractiveincentiveandcompensationplan:Tescoprovideattractiveincentivesand compensation plans to attract younger generation to work effectively for growth and success. Firm also provide extra benefit such as insurance, extra pay to motivate employees to improve their work performance within organisation. Training and Development:Tesco also plans for training and development of employees so that they can growth and develop their knowledge to perform particular task or activities.Manager of company evaluates and analysis each and every individual and organize seminar and training program so that they can perform every activity or task within limited time and efforts. Employee's legislation:Various rules and regulation related to protection of employment health and safety are also followed by company such as discrimination Act, Equal pay, working hour and ensure health and safety of people (Hakanen, Peeters and Schaufeli, 2018). HR manager of company while recruiting people ensure that it provide equal opportunities to all employees while promoting and selecting people within organization. It follows all norms and rules related to working hours such as employees of Tesco work for 8 and half hour per week and Sunday is an official off for all employees. Individual in the organization are paid on the basis on the basis of skilled, knowledge and experience of person related to particular job. Thus, implementation of all such policies helps in well-being of employees by ensuring safety and health, needs of people. Access to healthy food:Firms cafeteria offers healthy and tasty, organic food to protect health of people at minimum cost so that every one can purchase. This all helps in satisfying needs of employees of Tesco to work for success of company and face various challenges together.
Incentives Based trip:It is another benefit that employer of Tesco provides to its employees that is incentives based trip. Company organise regular- schedules based trip for the employees that have work hard for success of company in previous year. It is done by company to reward people that have put extra effort for firms benefit. Employees by enjoying trips feel being a crucial part of organisation and work more effectively so that objectives of company are achieved. Retirement benefits:Tesco plans for different retirement benefit of employees so that they can feel secure even after leaving the company. It provides sufficient amount of money to its employees so that they can live their life independently (Usman,2017). Company by provide various benefit after end of relationship of company with its employees is able to gain positive support, morale and encourage an individual to work hard. Gratitude practice:Company has also used gratitude practice for well-being of employees as gratitude among employees increasing their motivation level and productivity. Gratitude practice make employees accountable to their work thus they positively perform specific with more efforts. Therefore, employer of Tesco by using gratitude practice while operation of business is able to increase employees morale, mental and physical health as person is positively motivated to perform work. Dedicated task:Team leader of Tesco motivate employees to concentrate on single day work rather than multi tasking thus it reduces burden and pressure on employees to manage all task together (Coetzee and van Dyk, 2018). Employees by concentrating on particular task able to maintain quality of products and services without worrying about meeting, seminar and responds to emails. Thus, it helps in reducing stress and pressure of employees and motivate them to work effectively for organisational growth and success. It also reduces number of absenteeism and employment turnover within Tesco as employees feel happy and satisfied with company operation. On site classes:It is another method that is used by company for well-being of employees such as yoga session and meditation as increasing various health issue. Tesco by using this method is able to ensure health of people working in the company. Therefore, it can be explained that employee's well-being provide benefits to both employee and employer by increasing productive of company and ensure needs, health and safety of people.
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Marks and Spencer's Efforts at Employee Well-being As pressures and stress of continuing to operate within a business environment keep increasingforthegeneralemployee,ithasbecomenighessentialforbusinessesand organisations to take an active part in improving the physical and mental well being of its employees at workplace. Here we evaluate the various methods Marks and Spencer have used in order to address the issue of employee well being in its workplace. There are various benefits present to businesses and organisations in ensuring their employee's well-being. Employees who are physically and mentally well are capable of increased performance, effectiveness and efficiency, job metrics that are essential in ensuring the optimum productivity of a business or organisation (Bakker and Demerouti, 2018). Maintaining employee well-being also increases the motivation and job satisfaction metrics of employees resulting in increased performance by workforce. Taking care of employee well-being also effectively results in lesser turnout rates for the businesses. These are the primary reasons why Marks and Spencer have chosen to invest into implementingemployeewell-beingpracticesinitsoperations.MarksandSpencer's administration have identified four major sectors in which employee's well-being needed to be addressed in order to achieve optimum efficiency. These are an employee's potential physical, social, environmental and psychological well-being. Different methods by which Marks and Spencer have tried to raise their employee's well-being are as follows: Employee's Physical Well Being:Marks and Spencer's administration have identified an employee's physical well-being to be a major factor that affects their performance, motivation and efficiency metrics. To improve their employee's physical attributes and performance, the administration of Marks and Spencer decided to give out free gym memberships of nearby local fitness centres to its employees in an attempt to make them sharper and fitter physically. Fit members of population also boast a healthier immune system which results in less amounts of leaves by employee's due to health related issues, benefiting the Marks and Spencer's overall productivity (Bakker and et.al.,, 2019). Now administration of Marks and Spencer also ensure the availability of various fresh fruits in the office canteen as opposed to junk food products, in an effort to provide vital nutritious vitamins and minerals to its employees instead of junk products to increase their physical well-being. Marks and Spencer's administration has also created multiple weekend sports tournaments for its employee's to take part in and enjoy outdoor sports like football and tennis in an effort to increase their physical well-being and get them to
become physically fitter. This also alleviates their stress levels as physical exercising has been proven scientifically to decrease stress levels. Employee's Social Well Being:Marks and Spencer's administration have also identified an employee's social well-being to have a major impact on their performance, motivation and job satisfaction metrics. Now the Marks and Spencer's administration do not take stringent efforts to stop employees socializing at the workplace with each other as they used to, rather the administration now recognizes the importance of employee friendships and the role it plays in maintaining an employee's social well-being (Guest, 2017). Employees forming meaningful relationships with each other at the work place also increases their cooperation, teamwork and motivation metrics, which is really beneficial for businesses like Marks and Spencer. Now Marks and Spencer's administration have also implemented a separate process of inducting of new employee's into the workplace in an effort to ease their transition into new environment and make them feel comfortable in order to increase their productivity and performance. The administration now also organizes weekly outdoor recreational activities for its employees to take part in, in an effort to make them easily mingle with each other and create meaningful workplace relationships. Employee'sEnvironmentalWellBeing:MarksandSpencer'sadministrationhavealso identified the conditioning of an employee's operating environmental to have a major impact on their performance, motivation and job satisfaction levels. Marks and Spencer's administration now takes increasingly care to provide its employees with a healthy and clean working environment for them to operate in, in an attempt to increase their employee's well being and increase the business's productivity and efficiency at the same time. Marks and Spencer's administration take great care in making sure each and every employees personal working environment is tailored to meet his exact needs and requirements in relation to the amount of natural light present and required, to the temperature in he or she feels most comfortable working at (Hakanen, Peeters and Schaufeli, 2018). Due to the rising air pollution in the environment, Marks and Spencer's administration also ended up installing an air purifier system in the ventilation of its operational building in an effort to provide its employees with clean and healthy air to breathe in order to increase their productivity, efficiency and motivation metrics. Employee's Psychological Well Being:Marks and Spencer's administration have also identified an employee's psychological well-being to have a major impact on their performance, motivation
and job satisfaction levels. In an effort to increase employee's psychological well-being, Marks and Spencer's administration have decided to provide unlimited amounts of maternity and paternity leaves to its employees for the period of one year after having or adopting a child. This is a major step forward in administration's eyes in improving employee's psychological well being as newly become parents already have a lot of stress on their shoulders in addition to their job responsibilities. The administration of Marks and Spencer have also mandated the insurance of all of their employee's against misfortunes or accidents occurring in the workplace, in an effort to raise their psychological well-being, which will result in employees increased performance, productivity and efficiency (Nielsen and et.al., 2017). Due to the ever-increasing stress being placed on Marks and Spencer's employees on a day to day basis, the company's administration has also advocated a campaign to make its employee's aware of the lasting damages increased stress and pressure can have on their physical and psychological well-being and the various measures they can personally take to counter these symptoms. CONCLUSION From the above report it can be concluded that management of human resources is essential as they utilize all other resource of company in an effective manner and helps firm in gaining competitive advantages in the industry.Employees well-being not only provide benefit to employer but its also benefit to employees of the company. It helps in enhancing productivity and performance by improving knowledge, skill and motivation level of individual. At the same time it benefits employees by fulling their basic needs and ensuring their safety by provide benefits such as provident fund.
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