Report: Unit 3 - Equality, Diversity and Fair Treatment in Prudential

This report delves into the crucial aspects of equality, diversity, and fair treatment within the context of organizational policies, legislation, and the role of trade unions, specifically referencing Prudential public limited company. The report examines the development of organizational policies, outlining the steps involved and the factors that influence policy formulation, including the role of trade unions in representing employee interests and facilitating negotiations. It analyzes the benefits of equality, diversity, and fair treatment in the workplace, emphasizing how these principles promote an inclusive environment, enhance employee satisfaction, and contribute to business growth. The report also reviews the impact of business policies on employment in public services, highlighting the importance of clear and effective policies in preventing misunderstandings, avoiding conflicts, and fostering a positive work environment. Furthermore, it evaluates the impact of policies, legislation, and working practices, with a focus on relevant acts and their influence on the organization's operations. The report concludes by emphasizing the significance of ethical practices in promoting an inclusive environment and the benefits of equality and diversity in gaining a competitive advantage.

Unit 3 Equality, Diversity and
Fair Treatment

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
P5 Describing the development of organizational policy in context of legislation and the role
of trade union...............................................................................................................................1
P6 Analyzing the way equality, diversity and fair treatment can benefit the work of public
services.........................................................................................................................................3
M3 Reviewing the impact of business policies on employment in public services.....................4
M4 The need as well as role of equality, diversity and fair treatment at workplace ................4
D2 Evaluating the impact of policies, legislation and working practice ....................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
In today's corporate world, many companies are employing diverse workforce in order to
gain competitive advantage. Diversity as well as equality is important in order to ensure an
inclusive workplace. According to the employment law, it is very much important for companies
to provide equal salaries as well as working opportunities to all employees. Equality at
workplace helps in avoiding the ethical as well as legal issues.
The report have focus on identifying the need of equality, diversity and fair treatment at
workplace in context of Prudential public limited company. It is basically a British multinational
life insurance and financial services organization located in London. Study also emphasizes on
analyzing the effect of the business policies on Public services offered by business entity. Project
will also include evaluation of policies or legislation on working practices on the provision of
fair, equal and diverse public services.
MAIN BODY
P5 Describing the development of organizational policy in context of legislation and the role of
trade union
Policies can be referred to as a written statement which consists of set of rules ,
guidelines which are required to be followed by all workers in an organization. The purpose of
organizational policy is to ensure best practices at workplace. An appropriate policy helps in
improving the culture at workplace. Policy formulation is considered to be as an integral part of
planning procedure. It is very much important for manager in Prudential public limited company
to consider following factors before developing the policies these are business goals, current
legislation, business environment etc. As this tactic will help management in developing an
effective policy (Spencer-Cooke and van Dijk, 2017.). Management in an organization can
involve employee sin policy making procedure as this will support management in eliminating
ethical issues. Formulation of policy is lengthy procedure which involves different phases these
are :
Identification of Policy area: At the initial stage of procedure, it is required by manager in
Prudential public limited company to conduct internal audit, as this tactic will assist business
entity in identifying the area for which the policy are required to be formulated as well
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implemented. It will also support management in addressing the problem for which specific
policy is required to be enforced. At this face, management in an enterprise are also required to
consider the objectives as well as the demands of business (Jeanes, 2017). At this phase, role of
trade union is to present the issues to management which are faced by employees within in an
organization. Some issues might be discrimination , low salaries, poor working environment,
long working hours etc. As this act of trade union will help management in identifying the type
of policy which is required to be executed.
Analyzing the alternative Policies: While creating policies, manager in Prudential public
limited company need to identify as well as analyze all the alternative policies. Manager for
identifying an alternative options for policies are required to conduct internal as well as external
assessment. Here , the function of trade union is to provide suggestions related to the alternative
policies which can be implemented in order to resolve specific issue. It is very much important
for manager in Prudential public limited company to ensure that policy developed by them has
capability to resolve specific issue or to drive firm towards accomplishment of desired objectives
(Kitchin, 2017).
Assessing the alternatives: At this phase, manager in an enterprise need to evaluate all the
strategies. Role of trade union is to support manager in selecting the best policies. In this stage,
the resources, cost, benefits of all alternative policies will be evaluated. At this phase, it is very
much important for manager in Prudential public limited company.
Selecting the most appropriate policy:At this stage, it is required by manager in an enterprise
to select the most appropriate policy for their company. Selecting a policy for the organization
involves a long-term commitment. When choosing the specific policy it is important for manager
to analyses the impact of same ion organization as well as employees.
Testing policy: It is considered to be as an important activity which are required to be executed,
as this tactic will help manager ion analyzing the effectiveness of policies. At this stage ,
management can seek advice or suggestion from internal as well as external stakeholders, as this
strategy will help them in identifying people who are in Favor or against policy (Burrell and
Morgan, 2017). It will support management in identifying the factors which can create hurdles
in implementation of policy.
Implementation of policy : It is very much important for manager in an organization to
communicate clearly which activities will be executed during the implementation of policies. As
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this will help employees in identifying their roles and responsibilities in the implementation of
procedure. Before implementing the process, detailed discussion can also be held regarding the
probable implications as well as the impact of different provisions of the policy. It is very much
important for manager in an organization to communicate the purpose, need and significance of
implementing specific policy, as this will assist management in eliminating the barriers and will
support in successful execution of policies. Function of trade union is to support administrative
department in enforcing policies at workplace.
Trade Union in an enterprise consists of employees within the company those who work
for maintaining as well as enhancing their economic status. Role of trade union in policy making
is to represent the interest of all workers working in an organization. Function of trade union in
Prudential public limited company is to facilitate negotiations with management in an
organization related to increase in wages or salaries as well as for enhancing working
environment.
P6 Analysing the way equality, diversity and fair treatment can benefit the work of public
services
Equality , Diversity and fair treatment plays important role in promoting inclusive
working environment. Equality act eliminate unlawful discrimination, advance equal
opportunities and promote good relations between people. According to this act, it is completely
illegal act to discriminate employees to discriminate employees on the basis of caste, color,
religion etc. All companies such as Prudential public limited company to comply with this
legislation, ass this will support an organization in achieving success and fostering growth.
Diversity supports an enterprise in development of ideas which can be utilized for expansion of
business (Packard, 2017). It assists an organization in delivering good or services to wide
number of customers. For instance, If an enterprise have a range of people different opinions
then it makes it much easier to target a wider range of customers. Diversity has also supported
Prudential public limited company in attracting more number of talented as well as skilled
employees. In addition to this, Employing people from different cultures may mean that an
organization can get benefits from diverse language skills, assisting business entity in selling
products and services globally . It also enables firm to provide enhanced customer support.
Equality, fair treatment will aid an enterprise in reducing employee turnover rate. As if
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employees will be treated equally and they will be provide with various opportunities they will
feel satisfied and valued. Ethical practices supports management in developing ethical culture at
workplace which is very much crucial in order to enhance image of company in the market.
M3 Reviewing the impact of business policies on employment in public services
An effective policy made by manager in Prudential public limited company have positive
impact on employees. Good policies motivate employees to retain their jobs for long time. It
encourages workers to improve their performance at workplace which is very much important
for enhancing as well as increasing productivity. Workers get assured that they will not be
discriminated against at the workplace (Armstrong, Francis and Grow, 2017. ). In addition to
this, employees also feel they have equal opportunities for promotion and progression, and that
they are only being assessed on their performance and measurable merits. Workers feel
empowered because people in an enterprise know that they are only being employed for their
ability, just as is everyone else around them. An effective as well as clear policies is very
important for avoiding misunderstanding as well as conflicts at workplace.
M4 The need as well as role of equality, diversity and fair treatment at workplace
Equality, diversity and fair treatment is very much crucial for preventing the legal as
well as ethical issues. All workers in an enterprise should be treated equally, as this will help in
providing high level of satisfaction to workers which is very much important in order to drive
organization towards growth (Blyton and Morris, 2017). Equality, diversity and fair treatment at
workplace supports management in developing an effective culture at workplace which is very
much important in order to drive firm towards success. Diversity has assisted Prudential public
limited company in reaching to the wide number of customers.
D2 Evaluating the impact of policies, legislation and working practice
There are basically two types of policies one has been originated by the act of parliament
and other is formulated by manager in an organization. It is very much important for manager in
prudential public limited company to develop policies considering the current legislation related
to employment in the country. Manager in prudential public limited company should also ensure
that policies as well as business process are reflecting ethical standards as well as legislation.
Disability act is created by the government which has direct as well as significant effect
on the policies developed as well as practices conducted by the human resource manager in
prudential public limited company. As per the disability act, it is important for employer to
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ensure that employees suffering from special disability are not discriminated. According to the
disability act people suffering from special type of disability should be given equal opportunities
and treatment as other workers in an organization.
Another legislation is equal opportunity act which has direct as well as significant
influence on formulation of Policy such as recruitment policy .
One of the most important is client-focused policy as well as procedures which is
formulated by prudential public limited company. It is the policy which outlines the procedure of
the way customers are accepted into a service. This is a crucial field to maintain consistency of
approach between employees in a service (Adisa, Mordi and Osabutey, 2017). It helps
management in ensuring that the customers are provided with clear understanding of their rights
and responsibilities if they do choose to become involved with the service. It is about ensuring
that customers are accepted into the service on the basis of clear transparent eligibility criteria
and that they have a clear understanding about the activities which are required to be executed by
them in order to access the services provided by an organization (Brewis, 2017).
Clear as well as effective policy will help prudential public limited company ion
attracting more employees as well as customers.
CONCLUSION
It has been concluded from the report that development of organizational policies is very
much lengthy procedure. Study has also concluded that trade union has important role to play in
development of organizational policies. It has been concluded from the assignment that equality,
diversity provides benefits to an organization. Equality, diversity are two important factors
which can help an enterprise in gaining competitive advantage. The ethical practices are very
much crucial in order to promote inclusive environment. It has also been concluded from the
assignment that different legislation formulated by government has direct as well as significant
influence on the development of policies by management in an enterprise. Project has also
concluded that organizational policies have great effect on employees' behavior as well as
performance at workplace.
` Company has been given recommendation to comply with all legislation such as equally
act, Disability act etc. as this will aid business entity in eliminating ethical as well as legal issues.
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REFERENCES
Books and Journals:
Brewis, D.N., 2017, “Social justice ‘lite’? Using emotion for moral reasoning in diversity
practice”, Gender, Work & Organization, Vol. 24 No. 5, pp. 519-532. ,
Kitchin, D., 2017. An introduction to organisational behaviour for managers and engineers: A
group and multicultural approach. Routledge.
Spencer-Cooke, A. and van Dijk, F., 2017. Creating a Culture of Integrity: Business Ethics for
the 21st Century. Routledge.
Jeanes, E., 2017. Are we ethical? Approaches to ethics in management and organisation
research. Organization, 24(2), pp.174-197.
Burrell, G. and Morgan, G., 2017. Sociological paradigms and organisational analysis:
Elements of the sociology of corporate life. Routledge.
Packard, M.D., 2017. Where did interpretivism go in the theory of entrepreneurship?. Journal of
Business Venturing, 32(5), pp.536-549.
Armstrong, A., Francis, R. and Grow, H., 2017. Ethical issues in the employment of expatriate
leaders in corporations. Journal of Economic and Social Development, 4(1), pp.71-80.
Blyton, P. and Morris, J. eds., 2017. A Flexible Future?: prospects for employment and
organization (Vol. 30). Walter de Gruyter GmbH & Co KG.
Adisa, T.A., Mordi, C. and Osabutey, E.L., 2017. Exploring the implications of the influence of
organisational culture on work-life balance practices: Evidence from Nigerian medical
doctors. Personnel Review, 46(3), pp.454-473.
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