Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 a) Recording all expenditures and incomes with the help of table.........................................1 b) Explaining following terms as pertains in hospitality industry..........................................1 c)Double entry book keeping system of debits and credits to record sales and purchases transactions in general ledger.................................................................................................2 d) Basic trial balance applying the use of balance off rule to complete ledger......................3 TASK 2............................................................................................................................................4 a) Different stages of HR life cycle applied to food and beverage hospitality job role and their importance for retaining and developing talent......................................................................4 b) Importance of HR life cycle in relation to strategic talent management and overcoming issues of staff retention...........................................................................................................6 c) Judgements and recommendations of HR processes and documents can be improved for effective talent planning throughout HR life cycles...............................................................6 d) Performance management plan for hospitality job role and techniques for resolving both negative behaviour and overcoming issues of staff retention................................................7 TASK 3............................................................................................................................................8 a) Specific legislations that a hospitality organisations has to comply and adhere to............8 b) Using specific examples illustrating company, employment and contract law potential impact upon business decision making in hospitality industry..............................................9 c) Examining potential implications of regulations, legislations and standards upon decision making in a hospitality organisation.......................................................................................9 d) Critically reflect on potential impacts of regulations, legislations and ethical principles upon decision making in a hospitality organisation.............................................................10 TASK 4..........................................................................................................................................10 a) Different functional roles within hospitality sectors........................................................10 b) Different methods of communication, coordination and monitoring applied to hospitality for strengthening value chain...............................................................................................14
c)Analysedifferentmethodsofcommunication,coordinationandmonitoringwithin departmentofhospitalityorganisationforachievingorganisationalobjectivesand strengthening value chains...................................................................................................14 d) Critically analyse different methods of communication, coordination and monitoring within department of hospitality organisation and make recommendations...................................15 CONCLUSION..............................................................................................................................15 REFERENCES..............................................................................................................................16
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INTRODUCTION Hospitality business is composed of different fields within service industry which includes event planning, transportation, theme parks, lodging, cruise line, travelling within tourism sectors (Anderson and et. al., 2017). It is most fast growing and developing enterprise in country which helps in economic development. It depends on availability of disposable income and leisure time. The given assignment is based on Everland Wish which is London based restaurant specialised in salads, smoothies and blended juice. This report covers stages of HR life cycle for hospitality industry and development of performance management plan for job role. It also discuss about legislation which should be followed by hospitality organisations. The interrelation of various functions in hospitality business and methods for communication, coordination and monitoring required for business are discussed here. TASK 1 a) Recording all expenditures and incomes with the help of table IncomingsOutgoings WagesWeekly food shopping GiftsClothes BenefitsGifts AllowancesHousehold utility bills drinks Lunch purchases b) Explaining following terms as pertains in hospitality industry i) Sales The activities which are related to selling and number of goods or services sold within given period of time (Bowie and et. al., 2016). It is also regarded as transaction among two parties where seller sell goods and buyer buy products at given price. ii) Purchase 1
Purchase is taking possession of given property, item, asset and right by paying amount of money in order to complete transaction successfully. It is also known as exchange of money for specified goods and services. It is regular operation activities carried by corporations as well as individuals. iii) Types of Cost There are various types of cost which take place for running organisation. Some of them are described below: Variable Cost- The cost which keeps on changing and varies with items manufactured by business is called variable cost. It can be salaries, wages, food, marketing, promotion. Semi Variable Cost- The expenses which are partially variable and fixed are called semi variable cost. It includes facility rent, staffing expenses and others. Fixed Cost- The expenses which does not change with other quantity are called fixed cost (Bruce and Stephens, 2017). They remain fixed for long period of time. It can be rent, insurance, depreciation and others. c)Double entry book keeping system of debits and credits to record sales and purchases transactions in general ledger Double entry book keeping is the system where transactions of business are recorded twice in books. It ensure total debit amount should be matched with total credit. Everland Wish can apply such system for determining expenses and incomes. ParticularsDebitCredit Cash in hand (Overdraft)10700 Petty cash expenses750 Cash sales3350 Credit card sales14795 Free issues575 New kitchen equipments6540 Food purchase7900 2
Beverage purchases12970 Purchase return200 Discount received2300 Credit notes190 Rent2850 Utilities475 Functions and events (Income)5967 Wages4590 Debtors700 Till shortage152 3750237502 d) Basic trial balance applying the use of balance off rule to complete ledger Trial balance It determines list of all general ledger accounts appeared in ledger of firm. There are two column debit and credit and at last amount of debit and credit should be equal. Balance off rule It means at end of accounting year where all accounts of business are closed and unclosed are carried forward to next year which is called balancing off (Ervin, 2016). The main purpose of balance off rule is to analyse information that is added in ledge and journals are correct or appropriate or not. This is important for Everland Wish to analyse actual performance. Steps of Trial Balance Step 1:Preparing worksheet which consists of three columns Step 2:Filling all titles of accounts and recording balances in appropriate credit or debit columns Step 3:Totalling of credit and debit columns Step 4:Comparing total of columns. ParticularsDebitCredit 3
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Bank loan12000 Cash in hand11700 Capital13000 Rates1880 Trade creditors11200 Purchases12400 Sales14600 Sundry creditors1620 Debtors12000 bank loan interest1400 Other expenses11020 Vehicles2020 5242052420 ParticularsDebitCreditTransaction amount Wages1648916489 Gifts2400024000 Benefits2500025000 Allowances1590015900 Weekly food shopping2641526415 Clothes1780917809 Gifts1500015000 Household utility bills36783678 Drinks1003210032 4
Lunch purchases84558455 8138981389162778 TASK 2 a) Different stages of HR life cycle applied to food and beverage hospitality job role and their importance for retaining and developing talent. For retaining and developing talent, it is very essential forEverland Wish to hire skilled and capable employees. In order to hire that there are variousstages of HR life cycle of hospitality industry along with importance of retaining and developing talent are as follows: Box 1:The manager ofEverland Wish should place job vacancy in different portals such as social media, advertisement and newspaper. Box 2: Interview- The HR manage take interview of candidates and on basis of experience, skills and knowledge, decision should be take. If performance is satisfactory then they are selected for given profile (Legrand, Chen and Sloan, 2013). Box 3:The good questions which can be asked to candidates are: why do you want to work for us and what is your salary expectations for given job profiles. Similarly, bad questions can be: what are your weak points which impact and hamper work and what is the reason behind leaving previous job. Box 4: Induction/On-boarding-Induction is a type of training provided to new employees for better understanding of mission, vision, working, department of company. It provide overview regarding working pattern, number of employees, to new subordinates who recruited inEverland Wish. Box 5: Performance Review-It is procedure for evaluating and monitoring of new employees performance for determining capabilities regarding given job profile. With help of this, HR can easily identify actual and expected performance of new recruit (Weinstein and Morritt, 2012). Box6:LearningandDevelopment-Itisprocedurewhichprovidelearning opportunities to employees for enhancing capabilities and skills. With helps of enhanced skills, workers can achieve goals and objectives of organisation. This create chance to learn new things 5
for improving their performance. The learning and development can increase performance and productivity of firm in order to achieve goal and objectives. Box 7: Promotion/Succession Planning-It is procedure of planning for opportunities of future promotions. The HR manager ofEverland Wish need to plan promotion planning effectively and efficiently for new recruiters as existing leaders of organisation exit from firm. This is significant as existing leave their position, new candidate should be promoted in that place. It is chosen through planning which is based on efficiency and performance of candidates. Box 8: Exit-Due to professional and personal reason, employees leave an organisation. Thereasonscanbebecauseofconflicts,dissatisfiedinworking,unhealthyworking environment. This can be prevented by improving and implementing various strategies that provide healthy and safety environment which reduces conflict among workers. Box 9: Exit Interview-The HR conduct exit interview for knowing reasons and causes of staff for leaving organisation. There are some questions which can be asked by HR manager such as: Q1. What is the reason behind leaving job? Q2. Is any issue occurring with any employees which is bothering you? Q3. Did you find any better job opportunity? b) Importance of HR life cycle in relation to strategic talent management and overcoming issues of staff retention Through analysis of HR life cycle, important can be concluded which are given below: It helps in saving time and cost of HR as job vacancy is posted through advertisement channels. The interview helps in knowing about skills and capabilities of employees for food and beverage profile. As it leads in selecting best candidates from many. The interview can know more about employees by asking positive and negative questions and also assist in knowing whether they want to work or not. This assist new employees to k now more about organisation and their policies, mission, vision and others. Performance review can help HR to know about efficiency, skills of employees and can enhance it more by providing training and development. 6
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Thefrequentlearninganddevelopmenthelpstoimproveandenhanceskillsand knowledge. New employees get training and development for new post which existing leader and manager are going to leave and better planning can be done (Sobaih, Ritchie and Jones, 2012). Through this cycle, HR manager can know about reason behind job leaving and it helps in improving more by organisation so that same issue cannot arise in future. HR manager need to ask question and reasons behind leaving and if causes are justifiable then they try best to retain their existing staff for better outcomes. As new hiring increases cost to organisation and requires more training and development programmes. The issues related with staff retention can be overcomes by providing training and developmentforenhancingtheirskillsandknowledge.Also,motivation,rewards, encouragement can be done in order to retain highly skilled and effective staffs. c) Judgements and recommendations of HR processes and documents can be improved for effective talent planning throughout HR life cycles InordertoimproveeffectivetalentplanningthroughoutHRlifecycles,various documents need to be evaluated for betterment. The documents which need to be evaluated can be related with job profiles, hierarchy structure of company, business staffing plan, system, salary structure, salary, benefits and others (Lub and et. al., 2016). The life cycle can be monitored through such documents and employee working in organisation can know about performance. This helps in achievement of set targets and objectives for better result. Through such documents each and every performance can be measured and monitored effectively. Thus, it is important to create valid and useful documents for monitoring. d) Performance management plan for hospitality job role and techniques for resolving both negative behaviour and overcoming issues of staff retention Performance Improvement Plan (PIP)is also called performance action plan which is tool given to workers with deficiencies of performance for finding opportunity to get succeed (Mejia and Torres, 2018). This can be used for addressing failure for meeting particular job goals in order to better behaviour outcomes. The role play script for an employee who is rude with colleagues is discussed among employee and manager ofEverland Wish is given below: 7
Script 1: Manager:I am observing from past few days that Mr. John is coming late to office. But he leaves at regular time without fulfilling his working hours. Employee:Yes boss, it is true. He is coming late from last 7 days. Manager:Do you know the reason behind his late? Employee:No sir, I don't know about it but have heard that he is having some health issues. Manager:Okay, but why is he coming late? Employee:Maybe because of health issue, he is depressed and due to which he is not having proper sleep and cannot wake up early. Manager:Okay, if its the reason then why he is not taking medical leave. Employee:He tried a lot sir but due to loss of pay he rejected leave and continued office. As he tried for conveying his problem to HR manager but everyone ignored his issue. Script 2: Manager:I am observing from past few days that Mr. John is coming late to office. But he leaves at regular time without fulfilling his working hours. Employee:Yes boss, it is true. He is coming late from last 7 days. Manager:Do you know the reason behind his late? Employee:No sir, I don't know about it but have heard that he is having some health issues. Manager:Okay, but why is he coming late? Employee:Maybe because of health issue, he is depressed and due to which he is not having proper sleep and cannot wake up early. Manager:Well, if he is going through this situation then we should appreciate and praise for hard work after having medical problems. Employee:Yes sir, we can do this but ensure about that he should not get worst. Manager:Of course we should do it and there are some standard procedure for such cases. Firstly, we will praise him and then will provide medical leaves for taking his treatment. Employee:This would be great sir as it helps in motivating him and helping to get well soon. 8
TASK 3 a) Specific legislations that a hospitality organisations has to comply and adhere to There are different legislations laws that hospitality organisations need to follow which are described below: Minimum Wages Act, 1998- According to this act, employer should provide minimum wages to employee. The act has classified minimum wages according to age groups. Here, employees having age 25 or over should be given £7.83 per hour, age between 21 to 24 should be given £7.38 per hour and £5.90 having age group 18 to 20. in case of following such act, firm can be penalised (Moeti, 2016). Equality Act, 2010- Such act was established for protection of staffs from discrimination at work place by government. According to this state, employees should not be discriminated on basis of age, sex, religious, culture and others and treated equally. In case of non following of such act,Everland Wish can be penalised. Health and Safety Work Act, 1974- The workers should be provided with training for health and safety at workplace. It is responsibility of manager ofEverland Wish to ensure health and safety of workers while doing work (Sipe, 2013). b) Using specific examples illustrating company, employment and contract law potential impact upon business decision making in hospitality industry The employment and contract laws impact decision making and business if such are not followed properly. Such impact on employees and authorities has given below with letter L,A,W where L shows person leading for ensuring compliance, A shows people having responsibility for ensuring compliance and W represents person who is not directly effected by legislation. 9
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c) Examining potential implications of regulations, legislations and standards upon decision making in a hospitality organisation The names of different companies which has been prosecuted for violation of different legislation along with fine is given below: CompaniesAct or RegulationResultFine Hill Care LimitedHealth and Safety At Work Act 1974 Guilty£100000 GMG Car Wash LtdEmployersLiability Compulsory Insurance Guilty£650 Kent County CouncilControlofAsbestos Regulations 2012 Guilty£200000 Western Isles Council Health and Safety At Work Act 1974 Guilty£12,000.00 Woodbay LimitedHealth and Safety At Work Act 1974 Guilty£50000 10
d) Critically reflect on potential impacts of regulations, legislations and ethical principles upon decision making in a hospitality organisation There are different regulations, legislations and ethical principles has been formed for decision making in hospitality organisation. The following of such act helps in running business effectivelyandefficiently(Nickson,2013).Inordertoavoidfromfine,penaltiesand imprisonment, it is compulsion for organisation to follow such laws and rules. Some of ethical principles are: honesty, trustworthy, loyalty, fairness and others. These should be followed in organisation as this represent goodwill and value of company in market. It helps employees to know about various legislation which are formed for this which can be related with equal employment, health and safety and others. Thus, it helps enterprise to run ethically and efficiently. TASK 4 a) Different functional roles within hospitality sectors There are various roles which need to be played by hospitality industry for running their business effectively and efficiently. These helps in achieving goals and objectives effectively and efficiently (Singh, 2015). Some of different functional roles within hospitality sectors are as follows: Theme Park 11
(Source:Organisational Chart for Theme Park) Hospital 12 Illustration1: Organisational Chart for Theme Park
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(Source:Food and Beverage Organisational Chart) Hotel 13 Illustration2: Food and Beverage Organisational Chart
(Source: Organisational Chart for Hotel) 14 Illustration3: Organisational Chart for Hotel
b) Different methods of communication, coordination and monitoring applied to hospitality for strengthening value chain It is very important forEverland Wish to have proper communication, coordination and monitoring tools for strengthening value chain. This helps in achieving goals and objectives which leads to success of business. Some of the methods of communication are as follows: c) Analyse different methods of communication, coordination and monitoring within department of hospitality organisation for achieving organisational objectives and strengthening value chains After analysing different types of communication methods, it is concluded that Everland Wish should follow written document methods for their business. As it helps in preserving for a longer period of time. Due to this most of organisation prefer to use written document as an evidence. The advantages of such methods are easy presentation of complex matter. It prevents waste of time and money and without meeting each and other, communicator can easily 15
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exchange their ideas and views. It also assist in delegating authority and power from superior to subordinates. It aids in maintaining and protecting image of organisation and company. d) Critically analyse different methods of communication, coordination and monitoring within department of hospitality organisation and make recommendations Therearemanydepartmentunderhospitalityindustrywhichshouldhaveproper communication channel as information can be shared effectively and efficiently (Pirani and Arafat, 2014). This helps in achieving goals and objectives of organisation. Here selected department is food and beverages which is facing issues in terms of space, language barriers which should be improved by business. It is also recommended to solve such issues for better results. CONCLUSION From above report, it can be concluded that hospitality industry helps in contributing economic development of business. There are different methodssuch as communication, coordination and monitoring for evaluating business performance. The trail balance, double entry booking keeping, incoming and out-coming expenses has been prepared in order to know about incomes and losses of organisation. HR life cycles has been prepared for following each and every task effectively and efficiently. There are various legislation which need to be followed by enterprise for creating goodwill in market. Script has been prepared for identifying both positive and negative response. Thus, there should be proper communication channel for flowing information from one to another. 16