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Benefits of Gender Pay Gap on Employee Performance at Aston Martin

   

Added on  2023-01-17

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Leadership Management
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Unit 6 – Managing a
Successful Business
Project
Benefits of Gender Pay Gap on Employee Performance at Aston Martin_1

Table of Contents
TOPIC:- “To determine the benefits of Gender pay gap on the performance of employees
working within the organization”. A study on Aston Martin..........................................................3
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Aim and objectives................................................................................................................3
Literature Review.............................................................................................................................4
Concept of equality & diversity within the organization. ..........................................................4
Benefits of equality & diversity for Aston Martin ....................................................................4
Various strategies that supports in implementing equality & diversity at workplace.................4
P2 Project management plan.......................................................................................................5
P3 Gantt chart and Work Break down Structure........................................................................6
TASK 2............................................................................................................................................8
P4 Quantitative and qualitative...................................................................................................8
TASK 3..........................................................................................................................................12
P5 Data Interpretation...............................................................................................................12
TASK 4..........................................................................................................................................20
P6 Recommendations................................................................................................................20
P7 Reflection.............................................................................................................................20
CONCLUSION..............................................................................................................................21
REFERENCES .............................................................................................................................22
Benefits of Gender Pay Gap on Employee Performance at Aston Martin_2

TOPIC:- “To determine the benefits of Gender pay gap on the performance of
employees working within the organization”. A study on Aston Martin.
INTRODUCTION
Equality and Diversity are referred as providing equal rights to individuals working in the
company. This is helpful for providing job opportunities to different employees working in the
organisation. It is necessary for each and every company to provide equal rights to all employee.
This helps in increasing the satisfaction level of customers and it helps in making employee to
work in enthusiastic way (Graf, Brown, and Patten, 2018). Calling report company which is
considered is Aston Martin company. This is a British organisation that manufactures car and it
was founded in the year 1913. The following report will tell us about the aims and objectives of
the research followed by Gantt chart and Work Break down Structure (Polachek, 2019.). There is
also discussion about various methods used for collecting information for conducting the
research.
TASK 1
P1 Aim and objectives
Research Aim: “To determine the benefits of Gender pay gap on the performance of employees
working within the organization”. A study on Aston Martin
Research Objectives:
To know the concept of equality & diversity within the organization.
To identify different benefits of equality & diversity practices gain by for Aston Martin To examine various strategies which help in implementing equality & diversity within the
organization.
Research Questions:
How to know the concept of equality & diversity within the organization?
What are the different benefits of equality & diversity practices gain by for Aston
Martin ?
What are various strategies which help in implementing equality & diversity within the
organization?
Benefits of Gender Pay Gap on Employee Performance at Aston Martin_3

Literature Review
Concept of equality & diversity within the organization.
As per the point of view of Gupta, Mortal, and Guo, (2018), diversity and equality are
two different concepts which are important for managing workplace effectively. All employees
must be treated equally at workplace. It is concluded that all employees will be motivated and
engaged by providing them equal rights at the workplace . When there is unequal treatment, the
employees will fight and sometimes this may get even worse by arise of conflicts. This is not
beneficial for the company. Equality rights and regulations are adopted by companies in order to
have positive environment at workplace. It is also important that there is no discrimination
among the lower level managers or upper level managers as this will increase the
mismanagement. It is also identified by the researchers that employee’s satisfaction level
increases when they are treated equally. It is necessary for different organisations to provide
equal rights and opportunities to their employees and subordinates for minimising the conflicts
and fights. Also diversity within workplaces is highly linked with advancing human rights and
opportunities.
Benefits of equality & diversity for Aston Martin
According to the view point of .Costa Dias, sJoyce,and Parodi,(2018) equality there are a
lot of benefits from diversity and equality that helps in doing business operations and functions
in effective manner. In context of Aston Martin organisation, it is able to do all it’s functions
and business operations in an effective manner if there is equality and diversity. There is
opportunity for the organisation to retain potential employees within the company for longer
time. Another objective of equality and diversity is that within the organisation, all employees
and individuals are provided fair treatment and care. have same treatment and fair opportunities.
Aston Martin ensures every worker get equal & fair treatment. This helps in maintaining the
employee satisfaction and making them happy. The management of the organisation ensures that
all employees are treated equally at workplace. There is no discrimination among employees on
the basis of any of these basis age, disability, gender and many more.
Various strategies that supports in implementing equality & diversity at workplace.
According to the thoughts of Rabovsky, and Lee, (2018), there are various strategies
used for managing the implementation of equality and diversity within the company. The level of
Benefits of Gender Pay Gap on Employee Performance at Aston Martin_4

involvement and engagement of employees within the company can be increased by maximising
the equal treatment among employees. It is concluded that cross cultural communication is very
important for a company. When the management team of an organisation analyses culture,
background and thoughts of people, then it is helpful for satisfying the needs and demands of
employees. It has also concluded that employees are provided positive environment at workplace
by providing equal rights and opportunities.
P2 Project management plan
Project management design is defined as a blueprint that is beneficial for investigators
and researchers. It includes every task and activity that is associated with the accomplishment of
project work (L'Herrou, and Tynes, 2019). PDP includes different strategies and plans that are
executed within the completion of a project work. The project management plan consists of
different factors like size, scope, cost, time,risk, resource, quality and communication. The
project management plan for the present investigation is described below –
Cost: There is amount fixed for having products and goods that will be used for
completing the project. There is an amount of money required for completing the project.
There is an amount of money which is needed for manufacturing the services and goods.
For doing the research, the amount of money required for completing the project work.
An amount of £ 40,000 is taken by investigator for completing tasks and activity. In order
to implement activities and tasks, it is important for integrating all the activities which
helps in research results.
S cope: Scope is necessary factor that is helpful for describing the scope of research on
business perspective. In context of the present research, it is seen that Martin Is having
huge scope for knowing it’s opportunities that it is having.
Time: This is defined as time needed for accomplishing the activities and tasks of project. There
is time allotted for achieving objectives and aims of the research (Ewoh, 2013). In context of the
following research, it is concluded that researcher needs approximately 5 months to work
efficiently. This is the minimum time required for attaining research aims and objectives.
Communication: It is known as good communication is required for managing tasks
and activities in effective manner. In current investigation of diversity and equality ,
researcher use various ways of communication such as mobile phones, emails,
conferences and so on. that will help to develop plans and strategies for the research.
Benefits of Gender Pay Gap on Employee Performance at Aston Martin_5

Quality: It is known as the maintaining the quality of the project (Sin, and Bruce-Brand,
2019.). The secondary sources is also used by investigators in gathering the information as it
helps researcher to working in an appropriate manner.
Risk: The risk that is associated with Present investigation is over utilization of
information that impacts on confidentiality. It will also impact in future as any of the
respondent can claim to the researcher . This will lead to negative word of mouth of
researcher in market.
Resources: The current research on Aston Martin requires various resources that
includes land, capital, labour and so on. This helps in completing the work on time
effectively and efficiently.
P3 Gantt chart and Work Break down Structure
Work Break down structure:
WBS is known as process used by different investigators and researchers for dividing the
lengthy method of doing work into small and easy tasks ( Magda, and Salach, 2019). This
distribution provides effective functioning and operations. Also, the break down of task into
small tasks makes it manageable. The work break down structure for the present research is
given below -
Gantt chart:
Gantt chart is known as a graphical representation of the various activities and tasks that
are involved in the project. This is basically breaking down of various activities and tasks that
Benefits of Gender Pay Gap on Employee Performance at Aston Martin_6

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