Nobody downloaded yet

Employment relations - Essay Example

Comments (0) Cite this document
Summary
Small firms have a small market share in any given economy and individual firm’s actions cannot significantly impact the entire industry or economy. Therefore, individual firms cannot significantly influence national or regional prices or quality. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.2% of users find it useful
Employment relations
Read TextPreview

Extract of sample "Employment relations"

Download file to see previous pages Small firms have a small market share in any given economy and individual firm’s actions cannot significantly impact the entire industry or economy. Therefore, individual firms cannot significantly influence national or regional prices or quality. Most small firms are managed in a personalised way because owners are attached to them. Consequently, their personalised feelings attached to business make them active in all aspects of their business. According to Department for Business Innovation and Skills (2010), there are over 4,801,250 small business enterprises in the United Kingdom. Sections 382 and 465 of the United Kingdoms’ Company Act 2006 define small firms as business entities with zero to forty-nine employees, ?0-?6.5 million turnover and ?0-?3.26 million balance sheet total. Small businesses have their own challenges and benefits. According to The Times 100 (2011), two thirds of small business in the United Kingdom are owned and run by a single person (manager). This means that about two-thirds of the small firms in the United Kingdom are managed by owners. Furthermore, 90 percent of small firms employee six people and below. Managers may be owners or employees of an organisation and are responsible for overall performance of a firm. The key objective of a manager is to utilise assets, money, materials and human resources effectively and efficiently to achieve objectives (profit maximization) of a firm. This is achieved through well-coordinated human efforts. Therefore, he or she needs to set organizational goals and manage his or her staff well. To achieve firms’ objectives, managers apply different management styles as dictated by the nature of the business and personality. Some of the management styles applied by managers of small firms include autocratic, participative and situational management styles. Characteristics of small firms Every manager must understand the features of the firm he or she is managing to be in a position to positively influence its processes and outcome through application of appropriate management style. According to Moore (2008), small firms have distinctive features. First, managers are more of doers and less of managers. They work because they do not afford to employ more individuals to carry out certain duties on their behalf. Therefore, they are more action oriented and less analytical as compared to professional managers. Secondly, managers act as entrepreneurs. They scan the environment and take the risks of coming up with new ideas and implementing them. Thirdly, managers of small firms do not have adequate time allocated to planning. When they plan, plans are often postponed or neglected. Fourthly, small firms are made up of simple and highly informal organizational structure. This enables managers to make quick decisions. As a result, managers in small firms are more powerful and exert strong personal influence on firm’s operations and activities. The fifth characteristic of small firms is that most managers apply both autocratic and participative management approach. Sixth, small firms are vulnerable to failures caused by managerial inefficiencies because more power and authority are vested on one or few individuals. Seventh, small firms are more likely to face isolated financial and personnel constraints. The eighth characteristic is that small firms undergo growth and development phases. According to Storey (1994), inception, survival, growth, expansion and maturity phases are five phases of growth that small firms often undergo to grow to medium and to large firms. Each phase has its unique strengths, weaknesses, opportunities and threats. Most small firms are in the inception, survival and growth phases. Beyond, the three initial stages, firms may be classified as medium or small because they are likely to have more than fifty employees, over ?6.5 million turnover and more than ?3.26 million balance sheet total. Managing small firms: Is Small Beautiful? Appraisal of management styles in small firms Autocratic, partici ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Employment relations Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.org/human-resources/1414576-employment-relations
(Employment Relations Essay Example | Topics and Well Written Essays - 2250 Words)
https://studentshare.org/human-resources/1414576-employment-relations.
“Employment Relations Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/human-resources/1414576-employment-relations.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Employment relations

Employment Relations

...Task Introduction The last quarter of the twentieth century has seen the decline of traditional industries and the enormous growth of the service sector that has coincided with the steady decrease in British union membership from 13 million in the early eighties, to 8 million in the late 1990’s. This paralleled the increase in the use of human relations practices and new forms of work organization that provided the basis for good relationships between staff and their employers. This lead to the introduction of employee relations as a concept that broadened the study of industrial relations from a union focus to include wider aspects of the employment...
7 Pages(1750 words)Essay

Employment Relations

...? Occupational Health and Safety 20th, October, Employment Relations Occupational safety and health (OSH) is a field that deals with protecting the welfare, safety and health of people in their workplace or occupation. OSH is a cross-disciplinary field that incorporates principles from other related fields such as health science, social science, design and human resources. The main objective of OSH is ensuring that the products or activities of a business do not inflict harm on their workers, customers and other stakeholders by maintaining standards in the work environment (Lawrence, Weber, Post, 2005). Occupational health and safety provides a fundamental basis for legal and moral policies in an organization. Due to the economic... ...
3 Pages(750 words)Essay

Employment Relations

...? 1972 Accident Compensation Scheme in New Zealand of the Business of the Concerned October 22, 1972 Accident Compensation Scheme in New Zealand Introduction There is no denying the fact that New Zealand could be deemed to be a social laboratory so far as the nation’s intentions and inclinations to pursue a progressive social policy are concerned. New Zealand had been a trend setter in the area of motor vehicle insurance and worker’s compensation (Palmer, 1994). New Zealand qualifies to be the first amongst nations extending compensation in the sphere of work related injuries. In a way the country happened to be first amongst the international community to ascertain and acknowledge the social and financial consequences of...
4 Pages(1000 words)Essay

Employment Relations

...hectic and low paying assignments to certain workers. Such scenarios are handed down from previous systems and they may continue to occur under the unconsciousness of the management. An example would relate to bias against certain races in terms of job assignments. The trade unions would discover about such minority groups and investigate their plights. It is crucial to highlight that certain minority groups arise out of hypothetical situations. It might be visible after some period that minority groups develop out of departments that they work in the same. In addition, trade unions help in minimizing disputes that may arise out of workers and the employers. In this sense, the trade unions eliminate...
6 Pages(1500 words)Essay

Employment Relations

...work related issues, while indirect participation involves the joint consultation or bargaining that is conducted by a workers representative body. On the other hand, Edwards and Collinson (2002) commented in their writings that employee involvement takes up the format of unitarist and individualistic, and it is main objective is to enhance the commitment of workers towards the attainment of organisational objectives, in addition, the format mainly relies on sustaining management control. Hyman and Mason (1995) further added that employment involvement is part of the ‘soft’ human resource management technique that conforms to the humanistic or parentalistic approaches or theories of managing human...
5 Pages(1250 words)Essay

Employment Relations

...?Running head: Employment relations Lecturer Employment relations Introduction The relation between the management and employeein the workplace is a subject that attracts many people’s attention. Work is a part of people’s life and so a lot of time is spent dealing with work related issues. How the society views work today is different from the views of people from in the past due to the changing environments. Employment relation explains the management and regulation of the employment relationship between the worker and the employer. In three stages the paper will...
11 Pages(2750 words)Assignment

Employment Relations

...Introduction: Good employees are an asset to an organization and it is the duty of the employers to see that they are treated well, and without discrimination. Employers also have to see that safety of the workers is paramount and should take measures in this regard. It may not be possible to remove the possibility of injury or other health problems totally. In case any employee is injured while on duty to otherwise an employer is expected to see that he is taken care of as per statute and ethics. Since there are so many issues related to employment that can create problems for both employers and employees, the State has brought forth a...
6 Pages(1500 words)Essay

Employment Relations

...Employment Relations Changes in the organization of work are paralleled by changes in employment relations. Critics admit that where responsibility is decentralized to the work group, it is essential to ensure a high level of organizational commitment in order to prevent work groups using their power to further sectional rather than organizational interests. IBM Australia is one of the leading companies in the world which expends its activities and searches for new opportunities in IT industry. The aim of the paper is to analyze employment relations and evaluate the role and importance of management function. The paper will be based on...
7 Pages(1750 words)Essay

Employment relations

...refuse to employ part time workers for no valid reason (Direct Gov, 2008). Harassment: This is a very common sight in a lot of offices. This however is now being taken very seriously and laws relating to this have been tightened over the past few years. In this kind of discrimination the employees face offensive behaviour from employers or others within the organization. There can be passing of sexual remarks or gestures, or allowing of sexually explicit material to be displayed or distributed within the organization. Some employees also face the issue of being offensively nick named because of gender (Direct Gov, 2008). Victimization: This form of discrimination is seen in many offices when an employee...
6 Pages(1500 words)Essay

Employment Relations

...Employment Relations Using theory and evidence, discuss the tactics that unions can use to (a) maximize the effectiveness of strikes and (b) maximize public support for strike action. Understanding employees is very important in the contemporary working environment. This is for the manager and the employees to have appropriate working relations. With this, there is the assurance of workflow being well management. Unions are important in that they ensure the workers’ rights are observed without using these resources poorly. It is also imperative for these unions to exist in that they ensure the workers are always motivated knowing that in the case of anything, they can refer to the unions...
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Employment relations for FREE!

Contact Us