Table of Contents INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 Task 1...............................................................................................................................................1 P1.Explainvalueandimportanceofemployeerelationsinapplicationtospecific organizational examples as well as explain the fundamentals of employment law....................1 P2.Explain the different types of rights, duties and obligations an employer and employee has within the workplace.............................................................................................................3 Task 3...............................................................................................................................................5 P3. Conduct stakeholder analysis for the organisation and analysis of how stakeholder engagement and contribution can support positive employment relationships..........................5 P4. Analysis of the impact of both positive and negative employee relations on different stakeholders.................................................................................................................................7 CONCLUSION................................................................................................................................9 REFERENCES.............................................................................................................................10 ................................................................................................................................................11
INTRODUCTION AnEmploymentrelationshipisemphasisaboutlegallinkbetweenemployeeand employers. The roles and responsibilities in which person performs and attain their working related target under certain terms and conditions as return they earned remuneration (Anner and et. al., 2020). It differentiate to better understand concept of Employment relations where particularorganisationmanagerfocusesonbettercoordination,equalpaystructureand disciplinary environment in workplace. In this report, the organisation selected Aston Martin Holding plc, it is British based independent manufacturer of luxury vintage, premium and sports cars. Aston Martin was founded in 1913 by Lionel Martin (Béthoux and Mias., 2019). As total number of employees are actively participate 2,450 with having revenue of 997.3 million pounds. The topics are covers importance of employment relation along with application and examples. Different types of right, duties and obligation of employer and employee. Conduct stakeholder analysis report in perspective of stakeholder engagement and better contribution. Positive and negative employee relationship to conflicts avoid resolution. The purpose of this report is towards company's employee relationships along with roles and responsibility of stakeholder analysis. MAIN BODY Task 1. P1.Explain value and importanceof employee relations in application to specific organizational examples as well as explain the fundamentals of employment law. The term employee relations refers to company point of view that helps to manage relationship between employees and employers. As in Aston Martin venture their employee relations are follows rules and regulation which instructed or driven by organisation workplace with provide positive working environment (Howell., 2020). To enhance workplace related compliance regulation or laws are driven through employees and employers rights which is concerned by Human resource department of Aston Martin. Value and Importance of Employee relations.BetterCommunication:Inanyorganisationeffectivecommunicationplaysan important role while discussing important agendas between employee and manger to havingbetterclarityofobjectives.ManagersofAstonMartinalsofocusesto 1
communicate and clear out about workings aims or objectives to employees where they can attain their targets as per accordingly.Employee engagement: It is form of different activities which is utilize by managers to motivate employees and allows them to participate in group activity. From this group activities employees interact with each other as well as making healthy relationship (Huang and Verma., 2018).For Exampleof Aston Martin's Human resource manager undertakes responsibility of conducting employee engagement activities which supports to allows different benefits in terms of job satisfaction. Through this practice will create good employee relations. Appreciate employee productivity: By performing better in task to achieve successfully overall objectives which enhance satisfaction and promotes employee reward.For Example:as many organization are considered well organized in Aston Martin where manager distribute work roles and responsibility to individual employee and they highly engaged to earn profit, revenue and productivity. Employmentlaw:Itiscollectiveoflawandrulesthatcommencerelationshipbetween employers and employees. Employment laws depicts about employee and employers where they hire employee for presumes their duties. Therefore, Aston Martin also follows certain workplace laws which is govern by United kingdom:Worker Discrimination Act:According to this act stats about responsibility of employer to behave with their employees in fair and same manner. In organisation worker must not discriminate in terms of gender, age, caste and color. As equal opportunities driven to every organisation which emphasis growth and success.Equal Pay Act:In this act, when in organization two employees are assigned similar duties and responsibility with equal wage or salary. Through this practice reduces the clash factor and generates high influence of motivation as per interest to all workers.Working Time Directive act: This act comprises minimum working hours to workers at workplace as per week. To accomplish legal existence an employee is having is restricted to complete their working time which is calculated 48 hours in a weak. The staff member can do work for more hours till their own capabilities. Minimum Wages Act:Under this act particular government decides the minimum amount of wages that is handed over to employer and employee (Jha and Singh., 2019). 2
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As in UK government follows National minimum wages which derives on basis of employees age if he/she is above 25 , then this act applicable for them.The amount is calculated on the basis of inflation rates. From above employment laws For example Aston Martin company Human Resource manager follows various laws which are applicable in workplace as well as for employees such Equal pay act, Gender Equality Act and Minimum Wages act. These acts are measurable and implement by manager to maintain work discipline in organisation. P2.Explain the different types of rights, duties and obligations an employer and employee has within the workplace. For Employee: Rights: Right to paid Equally:In every organisation wages are tend to payable in equal manner. It decides by Human resource manager to deciding wage on the basis of job roles and responsibility. But gender inequality commence unfair aspect by not paying women equal salary. In Aston Martin, HR manager implies equal paid structure to men and woman as per their job duties. Right to earned Leave: On the basis of this act is explains when above 20 age employee is working constantly for 20 days he/she has right to attain one day leave over 15 days of period (Kot, Spanagel and Belozerova., 2020). Aston Martin manager design their own leave policy in which employee is eligible to take 30 leaves in year and Maternity leave is for pregnant women who work in organisation and allow to claim 26 weeks leave. Duties: Casual and labor and hire worker:They have right to make better and safe workplace and maintain standard as for other workplace to setting up standard and discipline environment. Work Induction: Employee duty to know induction activity through which they get to attainmoreinformationrelatedwithorganisationaswellasjobrolesand responsibility. Fulfill overall needs:Some of duty of employee, procuring and utilization of resource is one of important aspects (Mori., 2020). By better understand of proper working scenario is duty of an employee which makes benefits to them in further task. 3
Proper read about work related instruction: As employees are responsible to provide a safe and better workplace. As Aston martin manufacturing department employees are get all safety measures in terms of live jacket, safety googles and mask material related to OSHA( Occupational Safety an Health Administration). Obligation: Do perform effectively and Carefully, To observed that agreed upon and Contract (Jackson and Baccaro., 2018). By follows the instruction towards management. Keeping business trade secrets. For Employers: Rights:Hiring Manpower: This is one of major responsibility to recruit and select people for organisation as per requirement. Similarly, Mangers or employers of each department in Aston Martin company they seeking for potential employees. Assigning Job role: After hiring, employers are reliable to provide information and deliberate roles with responsibilities to employees. In perspective about employer of Aston Martin are actively facilitates the job role and responsibility to handed over workforce with proper understanding. Duties:Paying Salary: It is major duty which derives employer having duty for provide salary, incentives and bonus to employees by considering employment acts and laws. As manager or superior ofAston Martin company they are having huge concerned with employees salaries and effectively utilize for employee benefits. Safety Measures: In organisation, duty of employer is to look after safety measures as well as to access certain risk which they can reduces uncertainty . Even though, health and security laws are designed and implement by manager towards employees who work there. Obligations: Analyze different types of laws, contracts and agreements related with employees and workplace activities. 4
Must treat employees fair way or equally on the basis of origin, religion, gender and political views. Provides optimum and valuable traits of resources to workers where they satisfactory attain objectivity effectively (Nienhüser and Warhurst., 2018). Employers promotes as on good working environment on the basis of their performance with skills and knowledge contribution. There are some tools which helps to maintain Employment relations in Aston Martin company are as For Example:Training and Development: According to this managerial aspect, manager basically conducts to employees skills and knowledge improvement where Aston Martin enhance to motivates by pursuing task in team which optimize positive outcomes. Performance Appraisal: To reviewing each other performance for example: employees are analyze performance quality of manager and provide as per rating (Regalia and Regini., 2018). Similarly, manager of Aston Martin enhance to generates rating with consulting to their team performance. It increase both party productivity and job satisfaction. Team Work: Through this procedure of approaching task by group of employees will lead through effective leader which also influence motivation and allows in decision making where free to share suggestion and view points (Rubery. and Hebson., 2018). This practice can helps to build strong employment relationship. Task 2. P3.Conductstakeholderanalysisfortheorganisationandanalysisofhowstakeholder engagement and contribution can support positive employment relationships. Stakeholder Analysis: It is type of technique to investigate stakeholder and their necessity of company perspective. The major purpose of stakeholder analysis to determine stakeholder relationship between stakeholder and their requirement which leads to accomplish vision. For Aston Martin company, stakeholder analysis is evaluated through Human resource and Finance manager by making concerned to overall goal accomplishment. In fact Stake holder tries to enhance engagement activities to build strong employee relationship are: 5
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Power-Interest Matrix: According to this matrix it emphasis to reduce or eliminates for changing the project. For Example: United Kingdom political and legal factor ar3e high power influence which insists to change Aston Martin business operations (Siltanen., 2020). In other hand Interest defines about size of overlap between stakeholder's project related goals (Smart Oruh and et. al, 2018). For example landlord of any property or house has to eliminates its property for the government project with having high interest. As from above Power Interest matrix allows to Aston Martin company for analyze situation of stake holder in terms of investment purpose which they actively managed. Stakeholder who are high power but low interest they seems to be as satisfied, in which they presumes to delay their project from quite minor issues. 6 Illustration1: Stakeholder Analysis, 2017. Source: Stakeholder Analysis, 2017.
Stakeholder who are in low power but having high amount of interest having kept informed.Theyareabletocreateshighinfluenceintermofraiseandreduces opportunity. Those stakeholder who are low power with low interest, they detailed monitor by becoming more powerful and affect the project in future aspect. Evaluation of Matrix figure: Meet their needs:According to this factor it provides information related within stakeholder analysis about what they actual require in working organization. As in Aston Martin, their top level management scrutinize and collected all valuable information about their stakeholder on which they facilitate them as per their requirement fulfilled as they are most valuable assets for business growth. Key players: For Aston Martin theirstakeholder key playersare most important employees or customer as per depend on number of stakes holding for company perspective. Least Important: This is one of factor that allows for stakeholder key players who are important and who are not. As in perspective of Aston Martin company employees are least important for stakeholder catergory because customer are premium base background that increase high positive outcomes in effective manner. Show Consideration:As per consideration for stakeholder Aston Martin top level management allows to fulfill overall requirement that enhance important to shows some care or hospitality services to retain them long term aspect. Stakeholder helps to create positive employment relationship through involvement them in decision makingFor Example: There are many stakeholders as employees and employers in Aston Martin in which they both discuss and consult with expertise to better investment aspects which it will increase more opportunity for attain better returns (Townsend and et. al., 2019). By providing stakeholder as effective leader which helps to instruct basic key elements of leadership skills and forming decision making. Role in Stakeholder. Thissupportstostakeholderatthetimeofinvestmentmaking.Highproductive employees who having high decision making power could support to advise or suggest about 7
right investment activities. In Aston Martin, manager are highly concerned for their stakeholder parties who invest capitalism and increase the growth of company in higher level. Some of stakeholder analysis is implies for more benefits for long term as Aston Martin company are consider customer stakeholder who are holding shares for Aston Martin for helps competitive advantages. P4. Analysis of the impact of both positive and negative employee relations on different stakeholders. Ashaving employeerelationcan create or destruct the business in which happy employees are more productive and put more efforts of contribution into their work (Wilkinson and et. al., 2018). There are various positive and negative aspects if employee relation on different situation stakeholder in consideration of Aston Martin: Positive Impact of Employee relations:Increased productivity:It concerned with those employees who are having positive bond with their peer members or colleagues along with high subordinates presumes to work flexible and smarter with more efficiently. Aston Martin manager influence employees and Stakeholder to invest more efforts for involvement in company certain projects (Williams, 2020). This leads to higher productivity and performance enhancement for better growth in business.Enhanced Motivation:To boost up motivation factor is one of most important primary benefits for good employee relation. Similarly, manager of Aston Martin they motivates their stakeholder party for ensuring about more returns increase in investments (Wright and Lansbury., 2019). Through motivation it helps to create positive environment in workplace for employees along with it enhance more job satisfaction. Revenue Increased: High productive employees contribute their effective attribution in organisation task which generates favorable outputs in terms of company growth and revenue. Workers and stakeholder who are satisfied with good returns as well as companyfulfillingallrequirementswhichisneededtoperformenhancehigh productivity and profit maximization. In Aston Martin, employees and stakeholder who feels motivated and engaged in workplace by commencing high customer satisfaction and increased in sales. 8
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Negative Impact of Employee Relations:Communication complexity: By having proper employee relation can creates barriers I communication as because employees who grant the task light way (Townsend and et. al., 2019). As in Aston Martin when more decision making practice could make distract to stakeholder where might be they implies for unfavorable decision making which prevails no returns. Manager-Employee Boundary: This is one of most challenging of encouraging or motivating employee would having involvement in risk. It could make line between distract management level and employee aspect get distrusted. Similarly, in Aston Martin stake holder can faces more challenges when manager allow their employees for taking part in decision making, this could generates more management level at risk involvement. In positive and negative impact of Employee relation context of Aston Martin company their manager would approach for positive factor in which there is having more chances of generating high favorable outcomes. Different Stakeholder is having different perspective of thinking and approaching strategy of investment purpose, those are high power with low interest stakeholder could be satisfactory with their investment decision making. Other who having low interest with low power with high interest of stakeholder as they would seeking for raising and reducing opportunity in terms of investment for higher return. CONCLUSION From above report Employment relationship has come to summarization in first task explains about different way employment relationship importance with employment law such as discrimination and equal pay structure. In context of employee and employers are having various rights, duties and obligation in which they pursue their objective accomplish successfully. To elaborates in different factors of stakeholder analysis engagement and contribution provides positive employment relationship. The impact of both positive and negative aspects of employee relation in which positive aspect plays important role to increased revenue, high productive employees who having high decision making ability, with positive influence of motivation driven can approach more investment power. Through this regular practiseit canbuilding 9
strongrelationshipeffectivelyforlongtermpurpose.Inlast,Stakeholderarerefersas employees, employers and managers too of particular organisation. 10
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Rubery,J.andHebson,G.,2018.Applyingagenderlenstoemploymentrelations: Revitalisation, resistance and risks.Journal of Industrial Relations.60(3). pp.414-436. Siltanen,J.,2020.Locatinggender:Occupationalsegregation,wagesanddomestic responsibilities. Routledge. Smart Oruh and et. al, 2018. Legitimisation strategies and managerial capture: a critical discourse analysis of employment relations in Nigeria.The International Journal of Human Resource Management.pp.1-27. Townsend and et. al., 2019. Theories used in employment relations and human resource management. InElgar Introduction to Theories of Human Resources and Employment Relations. Edward Elgar Publishing. Wilkinson and et. al., 2018. Taking the pulse at work: An employment relations scorecard for Australia.Journal of Industrial Relations.60(2). pp.145-175. Williams, S., 2020.Introducing employment relations: a critical approach. Oxford University Press. Wright,C.F.andLansbury,R.,2019.Adynamicworksystemsapproachforanalysing employment relations.Contemporary Issues in Work and Organisations: Actors and Institutions. 12