Drawing upon published research, produce a business case that explains how promoting wellbeing strategies can benefit all stakeholders within an organisation.Examine the merits of high road and low road approaches to the management of performance and productivity in employing organisations. How far do you agree with the view that high road approaches are always preferable both for employees and employers? Justify your answer with reference to examples from your reading.Employment relations within the UK are turbulent with high levels of disputes and strike action. Evaluate the opportunities for and barriers to HR sustaining effective employment relationships during these turbulent times.Examine the ways in which the impact of people practices can be evaluated within your organisation or one that is familiar to you. What are the main barriers to evaluation?
Managing People
Full Answer Section
- Enhanced Engagement: Employees who feel supported and valued are more engaged, leading to higher quality work and improved customer satisfaction.
- Reduced Turnover: Investing in employee wellbeing fosters loyalty and reduces the costly process of employee replacement.
- Improved Innovation: A happy and healthy workforce is more creative and innovative, driving business growth.
- High Road: Focuses on employee development, engagement, and creating a positive work environment.
- Merits: Leads to higher morale, increased productivity, and reduced turnover. Examples include investing in training and development, promoting work-life balance, and fostering open communication.
- Low Road: Relies on strict monitoring, threats, and fear tactics to drive performance.
- Merits: May achieve short-term results in specific scenarios.
- Demerits: Can lead to decreased employee morale, increased absenteeism, and a focus on quantity over quality. (Examples include micromanagement, performance-based threats, and a punitive work environment).
- Turnaround Situations: During times of financial crisis, a temporary increase in performance pressure might be necessary.
- Disciplinary Action: For severe performance issues or misconduct, low road tactics might be used to address the situation.
- Open Communication: Regular and transparent communication about business decisions can address employee concerns and build trust.
- Employee Involvement: Involving employees in decision-making processes fosters a sense of ownership and reduces dissatisfaction.
- Focus on Fairness: Ensuring fair treatment and consistent application of policies minimizes grievances.
- Conflict Resolution: Investing in strong conflict resolution mechanisms can resolve disputes and prevent escalations.
- Management Resistance: Traditional management styles may be resistant to change and employee involvement.
- Short-Term Focus: Prioritizing short-term profits over employee well-being can exacerbate tensions.
- Union Dynamics: Complex union dynamics can create challenges in communication and negotiation.
- Employee Surveys: Measuring employee satisfaction, engagement, and well-being provides valuable insights.
- Performance Metrics: Tracking absenteeism, turnover, and productivity can be linked to specific HR practices.
- Cost-Benefit Analysis: Analyze the cost of HR programs against the benefits like reduced turnover or improved performance.
- Data Availability: Accessing relevant data for analysis can be challenging.
- Long-Term Impact: The effects of some HR practices may take time to become apparent.
- Attributing Causality: Isolating the impact of HR initiatives from other factors can be difficult.
Sample Answer
Investing in employee wellbeing is no longer a feel-good initiative; it's a strategic business decision with a demonstrably positive impact on all stakeholders. Research by Gallup highlights the link between employee wellbeing and key performance indicators:
- Increased Productivity: Thriving employees are 17% more productive than their languishing counterparts [1].
- Reduced Absenteeism: Healthy employees miss fewer workdays, leading to lower costs and improved operational efficiency.