The primary roles of stakeholders focus on developing plans and business goals, which helpful in achieving the goals. The stakeholders majorly review the business strategies and operations to find out the effective growth methods. The three levels of stakeholders such as employers, government and trade unions which are the bodies and groups that conferred interest within the business. They play an important role in shaping the organization by influencing different interests. The report is based on the retail industry; it is a vast sector which is ranging from various departmental stores. The report will explain the major theoretical approaches which can underpin the employment relationship. It will also compare the roles and responsibilities of employers, governments and trade Unions. Furthermore, this will also consider the meso, micro and macro level of context.
This report is based on the retail industry, a vast sector encompassing various departmental stores. It will explain the major theoretical approaches that underpin employment relationships and compare the roles and responsibilities of employers, governments, and trade unions. Furthermore, the report will consider the meso, micro, and macro levels of context. Students seeking guidance on these topics can benefit from Assignment Help UK, which provides support in understanding stakeholder roles, employment relationships, and organizational frameworks in academic and professional studies.
The employment relationship in the retail industry is mainly shaped by various stakeholders. This may involve the government, employers and trade unions. The efficient theoretical approaches may involve the Pluralism, Unirtarism and Marsim, this helpful in understanding the employment relationship and practical implication.
Unitarism: The organizations views as the integrated entity and harmonious in the major source of expertise in the management. Unitarism approach is aligning with the interests of employees because major assumption is that employees share the unity of interest. This increases the relationship of employees with employers. It determines that all majorly shares the similar goals and struggle which is rare and irrational. In context to the retail industry, the perspective can manifest with the effective initiatives, the management developed the employee loyalty and commitment (Unitarism. 2023). Employees are supposed as the benevolent leaders which mainly care for the employee welfare and government regulations. These are mainly functioned to offer support in growth and effectiveness in business.
Pluralism: It identifies different interest in the companies, this is emphasising on the different roles of groups (trade union) in the employment relationship. It may highlights as inherent and manageable conflicts via the negotiation and bargaining. The effective approach mainly highlights the trade unions and employer association role which can represent the various interests. Within the retail industry, the pluralism emphasise on the bargaining agreements which can manage the employer and needs of employees, government, this functioning as the mediators to ensure related to fair practices.
Marxism: This visions employment relationship as the inherently unequal, this is mainly deep-seated with the capital labour conflict. It focuses on the power dynamic and economic inequalities among the employees and employers. Within the retail industry, the Marxist theory emphasise on the problems like as wages disparity and working conditions. Moreover, policies of government are essential in labour regulating practices and social justice.
Stakeholder roles: The government functions for effectively establishing the legal and efficient framework; it can govern the employment relationship through the labour laws and regulations (Budd, 2019). These can make sure about the obedience with the laws of wages, health and safety standards and working hours. Employers manage and apply the strategies in the workforce which can increase the productivity and profitability. Within the retail industry, the employers can introduce the opportunity, incentive programs and encourage the employees. A trade union highlight the job security, collective interest and boost the working condition.
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The employment relationship may be concerned by the three different and primary stakeholders such as trade unions, government and employers.
Government: This enhances the regulatory framework, this majorly contributes in the developing the employment relationship. The government may boost the labour laws, set out wages and maintain the working hours in the effective manner; it can ensure about the safety policies at the workplace, anti-discrimination. In context to the pluralist perspective, government functions as neutral mediators, this ensure about the balance among the employer and interest of employee. This also makes sure about the labour laws and meditating disputes also provide the medical security. For illustration, efficient labour Laws in the retail sector, affect the compensation structure and also protect employees with the low income.
Employers: This is the method in which the employers can maintain and manage the workforce it can increase the productivity and profitability. These mainly responsible for work environment enhancement, training and setting the policies, hiring within the workplace. Unitarist theory, it views the employers as the paternalistic figure which is mainly aligns with the goals of organizations with the interests of employee. It provides the fair wages, safe working condition and different opportunities for the care development.
Trade unions: it characterizes collective interest of the employees, enhancement in the working conditions and job security. These mainly engage in the collective bargaining and dispute the resolution within the retail industry (Duggan et al, 2020). Pluralisms emphasise on the importance of the trade union which can balance the power dynamic and fair negotiation. By providing the employees a platform where their voice can be heard, labour contract negotiation and protection to the employee rights. In the retail industry, the trade union mainly negotiate on the different challenges which are such as pay scale, working hours of employees, it ensure about the employees can feel heard.
Employers vs. Governments: The government set out the legal limits in which they are operating. Moreover, this ensures about the policy implementation and setting the compliances. While, employers are majorly emphasise on the daily management and operations, it also emphasis on the gaining the organization goals in the retail industry.
Trade unions vs. employers: Employers aims to increase the productivity and reduce the cost. This also could enhance the chances of conflicts with the trade unions related to the high wages and better conditions. The pluralist theory majorly offers support in negotiating and compromises the needs. On the contrary hand, the Marxist theory emphasise on the characteristics of the conflict within the groups.
Trade union vs. Government: The government and trade unions majorly collaborate to provide the workers’ rights protection. Nevertheless, relationship can be challenging if the government policies offers the labour rights related to the capitalist interest. In the pluralism, government functions as the effective meditators, as the Marxist theory, they can be work in the capital control.
Macro level
Governments: In the macro level, government functions in the national, economical, international and political framework. It involves the labour laws, national labour laws and economic policies. The conditions within the macroeconomic involves economic growth, the recession, it may affect the employment and different employment policies. For instance, while the economic recession, government covers the employees’ wages to reduce mass layoff, this may protect the jobs in the retail industry, might boost the employer strategies and union’s negotiation.
Employers: The retail industry employers, it may be influenced by the global market trends, economic policies and competition (Green et al, 2020). Macroeconomic factors may involve the currency fluctuations, trade policies; these may shape the strategies within business. Global competitions can motivate the different retailers to attract the structure of wages, employment practice and labour cost. The shifts in the regulatory factors within the macro can force employers to develop the operational practices to increase the effective labour laws.
Trade unions: It functions in the national and international labour rights and also having the broader framework. These can be influenced by the labour market conditions and the national economic policies.
Meso level:
Governments: In the Meso level, government interaction within the industry associations, regulatory bodies and the local government policies may be vary by the region and condition of employment. Programs are mainly related to the economical regional development which can influence the employment practices under the retail industry. For illustration, the local government incentives can lead to the initiative development which is based on the job creation.
Employers: Within the Meso level, the employers majorly interact with the industry association, supply chains and local communities. Strategies mainly developed by the different market conditions and industry standards (Meijerink et al, 2019). The regional labour is based on the market conditions and industry standards, this may majorly involve skills and wages can directly affect the employer practices.
Trade unions: The different operations within the specific and region industries, unions, government bodies. Effective strategies can be developed by the labour market conditions and different labour challenges.
Micro-level
Governments: Micro level, government interact with the individual and employee business through local labour offices and tribunals of employees. Local enforcement mechanism related to the labour laws and dispute resolution which may affect the employee compliances and employee rights at the workplace.
Employers: Employers functions in the different locations and retail stores, by maintaining the daily operations and employee interaction. Store management practices may involve scheduling, training and performance analysis, it also put impact on the employee satisfaction and productivity.
Trade unions: It involves shop stewards in the members, workplace, this resolve the employee concern and grievances (Reichelt et al, 2021). Union presence may improve the working conditions and conflict resolution.
Government influence (Wal- Mart): Wal- Mart is one of the biggest retail which is based internationally; it may be directly impacted by the government regulations and policies in the various countries. United States is having the fair labour standards act which mainly focuses on the minimum wages, overtime pays and record keeping standards, this impact on the Wal-Mart’s employment practice (Wal-Mart, 2023). The FLSA compliances may lead to improve the wages and lead to manage the working hours.
Employer influence (Starbucks): Employer influence is related to the employees and offers the comprehensive advantages such as stock options, health care and repayment. The different advantages may increase the employee loyalty, boost the environment of positive workplace and decrease turnover. Starbuck’s commitment which is related to the social responsibilities and ethical practices may directly attract the brand reputation and talent.
Trade union influence (TESCO): TESCO is UK based retailers; it showcases different influences related to the trade unions. The Shop Union, distributive workers and allied employees are mainly representing the TESCO’s employees and also engage with the collective bargaining. In 2020 year, USDAW has converted main pay increase for TESCO’s employees, this highlighting union role in better wages.
Combines influence of the different stakeholders (Amazon): Amazon is one of the paramount players within the global retailer; it represents trade union, employer complex and influences of employers. Amazon has been facing the inspection from the government and labour companies which is based on the labour practices. Within the 2018, it has developed the minimum wages to the 20 GBP for per house in US (Tesco Pay deal: Usdaw secures a 9.1% increase in hourly pay taking the basic rate over the real Living Wage, 2023). The company has worked with the different challenges which are based on the trade union; these are majorly related to the development in working hours.
Government influence: Government regulations may include laws related to the health, safety and wages; it may lead to boost the working conditions and fair wages. For instance, Wal-Mart’s compliances in the FLSA can increase the wages of employees which are having the low pays. The government regulations compliances might increase the cost of operations. The high wages and improved working hours can directly influence the financial adjustment, it can be impacted the profit margins.
Employer influence: The different organizations like as Starbucks, it offers comprehensive benefits and employee welfare, it may decrease turnover rates and employee satisfaction. Effective and positive environment can be developed by the proactive employer policies. Employers invest in the workforce who can provide the competitive benefits by attracting top talent and also retailing.
Trade union influence: Trade union mainly involve USDAW in the TESCO, it has been negotiated for the effective employee pays and better working conditions. The presence of Trade union provides platforms for employees to raise their voice and share their concerns. It can be maintaining the power dynamics at the workplace. Effective union representation which may increase and improve the labour relations and collaboration among the employee, management, it may decrease the conflict.
The different stakeholders can influence the flexible working conditions, fare wages, working hours and decrease the turnover.
Government: Government mainly implement the laws related to the labour, this ensures about the fair wages, flexible working hours and non-discriminatory practices. Effective regulatory framework is beneficial in maintaining the positive relationship among the rights employment and employees. It may provide the benefits related to the unemployment insurance and employee wellbeing, security contribution. Government provides the services which are based on the mediation and arbitration to resolve the issues among the employers and employees. It may be beneficial in decreasing the issues at workplace and developing the cooperation.
Employer: Employers who focuses on the employee welfare, this practice is working in the organization which is Starbucks, this must boost the positive working environment. This can increase the job satisfaction and worker’s loyalty (Spurk et al, 2020). By providing the opportunities related to the training and career enhancement which can resolve the conflicts via different communication channels, policies based on open door and on-going feedback. Employers invest within the employee relationship, it majorly considered as the low turnover rates and increase in productivity.
Trade union: It plays a major role in fair wages negotiation and improved working conditions, it ensures about the voice of employees need to be heard and as well as respected. Collective approach boosts the sense of harmony and as well as mutual respect. It can eases the grievance procedure and mediate the disputes among the employees and employers. Efficiency for the employees in the security related to the better conditions and also provides the platform which is related to the grievances resolution.
The each role of stakeholders plays an effective role in promoting the positive employment relationships. This also mainly resolves the issues among the employees and employers which can address the potential conflicts.
Conclusion
Conclusively, it states that the stakeholders such as trade union, government and employers, these provide help in developing the employment relationship in achieving goals. The theoretical approach based on the Pluralism, Unitarims and Marxism is mainly helpful in implication of practices and maintain the employment relationship. The organization can be seen as the harmonious and entity which is one of the main source of management expertise and development in employment relationship. This suggests that the all kinds of same goals need to be achieved with the team working. Within the retail industry, manifest perspective can increase the initiatives which can be effective. Employees are known as the benevolent leader and provide care for the effective government regulations and employee welfare. Government mainly works for the effective and legal framework which can provide the benefits to the employees and employers.
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