Supporting Good Practice in Managing Employee Relations Aim The aim/objectives of this identification are to explore employee relations in detail, including the psychological contract, differences in the midst of fair and unfair dismissals, redundancy, and the direct link to my organisation. Pershing is a ordinary sized financial services company, who has seen strong growth everyplace the last two years during the economic downturn. 1.0 Internal and immaterial factors that equal on the fight relationship 1.1 When an employee starts a new company, at that place are many remote and internal factors that impact on the engagement relationship. One external factor is the state of the economy, in recent years the economy has experienced a recession. This has squeeze businesses in many ways; one example is the depicted object of redundancies, less capital means companies jackpot no chronic afford to keep all staff. 1.2 A second external factor is the social impact, for example, the retirement age has increased in recent years which has resulted in an older retained workforce, substance that the retention of specialised skills and knowledge of the company will be a positive impact on the employment relationship. 1.3 On the other hand, there are also internal factors that impact the employment relationship.

Firstly, employee participation, one example of this is to give employees a example by distributing employee engagement surveys; this allows employees to express their views on the company and whoremaster motivate employees when actions are taken from their opinions. 1.4 Furthermore, control of performance can also be a vital internal factor. Managing employees performances in the process of appraisals can motivate staff to retain reaching individual objectives which contribute to company goals. 2.0 Three types of employment status and three reasons for the importance of identifying an individuals employment status 2.1 One employment status is self employment whereby a... If you exigency to get a full essay, order it on our website:
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