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Management of human resource is important for organisation as in there is effective role and various aspects that influence the functioning of the company. In every organisation human resource is important for achieving organisational goals and objectives that can help in achieving organisational goals and objectives by the efforts made by them. There are various aspects of topical issues that can make impact on the overall human resource management practices and legislation requirements that can make impact on the overall effectiveness. The MHR Guest HRM Model report or assignment leads to assess the change in the labour market, and various aspects that make impact on demand from employees, work life balance and much more flexible working practices. There are also defined the equal opportunity act and various discrimination present in the working premises.
In present business environment there are different factors which are essentially important from the organisational prospective like effective human resource management which influence the overall effectiveness and efficiency of the organisation by improving their performance. For this purpose there are available various model of effective human resource management that can make impact on the overall effectiveness of the organisation. David Guest has introduced and Guest model of HRM in the year 1987 (Bialic-Davendra, et. al 2014). The approach of this assessment is based on the assumption of the modern and modified approach of human resource management which is different from the traditional approach of the personnel management. According to this approach there is effective role of the human resource and its effective management and development that can lead to achievement of goals and objectives of organisation. This model is based on the following six dimensions and its application in one of the largest insurance company of UK AIG Europe Limited.
By analysing above aspects it can say that the insurance company AIG Europe Limited is effectively using Guest model of HRM that is making impact on the overall performance of the organisation.
There are available various models of human resource management in organisation that influence overall organisational performance by managing human resource. In accordance with the definition of Storey there is effective difference between HRM, personnel and Industrial relations which are making impact on the overall effectiveness of the organisation (Capinera, 2010). The approach and model of Storey is based on the highly capable and committed workforce which make impact on the development of competitive advantage making impact on the overall effectiveness of the organisation. In this approach the HRM activities must be involved in the organisational strategies which are to be followed in the organisation. According to this model there is difference between the HRM and industrial relations which can be understand by the examples of two organisations using these models and approaches.
In the insurance company AIG Europe Limited there is employed huge number of employees who are providing their services to make the organisation to achieve organisational effectiveness that influence overall organisational performance. They adopted the practices and activities of the HRM in the organisational strategic management which make influence their overall organisational effectiveness that defines various aspects that can achieve organisational goals (Capinera, 2010).
On other side insurance company Allianz have adopted effective approach of the personnel management and Industrial relationship in the organisation. The company is focused on providing trainings to workforce to effective relations within organisation that influence their overall effectiveness. Organisational strategies and decisions are taken by the company by considering all the aspects of industrial relations.
In effective implication of the HRM policies in the organisation line managers play key essential role and also make impact on the overall effectiveness of the organisation. Line managers are the responsible authority who can ensure the effective implication of various activities and assumptions of HRM that influence overall organisational effectiveness. In organisations while creating strategic approach for HRM for line managers and employees of different factors that influence overall organisational performance that enhance overall effectiveness and efficiency (Chiva, et. al 2014). In the insurance company AIG Europe Limited line managers are playing important role in the process which are as follows.
Present business environment is dynamic and have impacted from various aspects that make impact on it that is required to be considered in different aspects in organisation. Due to this flexible environment there is required to have flexible business environment in organisation that can easily adopt changes and can compete with this changing environment in effective manner. Flexibility model is required in organisations to grow the organisation in this changing environment. This leads to effective results on the employees by increasing their motivation level and make effective decisions by considering all the essential aspects in the organisation. There can be made impact of the flexible model on the organisational workplace flexibility which makes influence on the overall organisational effectiveness that influence on the overall organisational effectiveness (Dinka, 2016).
Flexibility model in organisations providing insurance services like AIG Europe Limited there is limited flexibility in the policies and procedures of the company which are required to be followed by the company. But there is effective flexibility in the workplace which is making impact on the various aspects that can make impact on motivation level of employees of the company in effective manner. There are different factors that influence the efficiency level of the organisation that impact over the organisational effectiveness. Employees of the company are provided flexibility to take decisions related to the scheduling of their work in accordance with their level of efficiency that can make impact on the various aspects that influence overall organisational effectiveness and there different aspects (Dinka, 2016).
To achieve the organisational goals and objectives in this dynamic environment there must be adopted flexible environment that can make impact on growth and profitability of the company. In the insurance company AIG Europe Limited there is effective adoption of this flexible model which is making impact on the overall effectiveness of the organisation that can be understand by the following points.
In organisations there is effective importance of the employees and employer which can make effective control over activities that can be achieved by providing motivated environment in organisation by flexibility in the organisation. It works as a strategy or tool to make the employees and employer involved in the organisation in effective manner that influence overall organisational effectiveness. By motivated employees they can be achieved effective results in the organisation this influence the overall organisational effectiveness. Flexibility is important and plays important role for employees as well as employer in organisation (Gruman, et. al 2011).
Employees in organisation must be motivated in effective manner that can make impact on various aspects that can improve the level of performance of the organisation. In case providing effective services to the employees in organisation can improve their level of performance in positive manner as in they feel important for the organisation that influence overall organisational effectiveness as in this they are benefited with the various policies for the company in effective manner and achieving organisational goals in effective manner. Employers can also be benefited with the flexibility provided to them in effective manner that can make impact on overall performance of the organisation. Flexibility which is provided to the employers can make impact on the overall decision making which involved decisions related to employees of the company and their development in effective manner (Gruman, et. al 2011).
There are various aspects that can make impact on the flexible working practices and influence overall business performance in positive or negative manner. Flexible working practices in the insurance company AIG Europe Limited are effective and there are included various aspects that influence overall organisational effectiveness and also defined various aspects that are influenced with these factors (Hart, et. al 2010). Labour market is important for the organisation that makes impact on the overall performance of the organisation that can make impact on the overall execution of activities and performance of organisation. Following are the impact on the changes in the market that make impact on the flexible working practices of the AIG Europe Limited.
Employee discrimination is a problem which can take place in case there is unavailability of the equal opportunity act and its various legislation organisation in effective manner that can make impact on overall effectiveness of the organisation. Employee discrimination is defined as the discrimination which is done between different employees at work place based on the caste, race, gender, and any kind of disability which can make influence overall organisational effectiveness that can make impact on the various aspects that that influence overall organisational performance (Jayanty, 2011). By adopting Equality Act in the organisation there can be reducing in the chances of any kind of discrimination within organisation. Following are some types of the employee discrimination that can take place in the organisation and can influence the overall organisational effectiveness.
Age Discrimination- employee discrimination can take place in case of discrimination based on the age of the employee and this is violation of the equality Act in the that influence overall organisational effectiveness. There must be offered same benefits to employees without considering age of the employees in the organisation. There must not be discrimination based on age in the apprenticeship programs or internship opportunities.
Hutchinson Sealing Systems in which all the project engineer with the age of 62, 51, and 48 are laid off by the company which is age discrimination (Jayanty, 2011).
Gender discrimination- In this type there is done discrimination based on the gender and sex of employees which is violation of the Equality Act and its various aspects that influence overall organisational effectiveness. In case of the Bank of Albuquerque the long time management employees were discharged on the basis of their age and gender which is showing case of gender discrimination.
Racial discrimination- This type of discrimination is unfavourable behaviour based on the colour, skin colour and various aspects that can make impact on the overall performance of the organisation as in there is ineffective application of the Equality Act in the organisation. British Asian Police officer faced this racial discrimination by his own colleagues for the tone of his skin (Jayanty, 2011).
In country like UK there has been adopted and framed and legislative framework which includes different factors related to the implication of legislative requirements in the company that influence overall organisational effectiveness. Equality Act and Equal opportunity act must be adopted in organisation to manage the human resource in effective way and also control their performances which influence the organisational performance. In organisations of UK like AIG Europe Limited there is responsibility of the company to provide equal opportunities to employees to motivate them in effective manner. Following are the implication of the equal opportunity legislation in the company AIG Europe Limited (Lal, 2015).
In every organisation there must be adopted all the required legislative requirements to be followed to avoid the discrimination at work place. In the organisation like AIG Europe Limited there are adopted various approaches to manage the equal opportunity and managing diversity in the work place that influence overall organisational effectiveness. In following approaches the company is adopting the opportunity to the similarity and differences with these approaches (Maatman, et. al 2010).
Performance management can be defined as the approach which is using by the company to provide effective management and development of human resource in the organisation that influence overall organisational performance in an effective manner (Matras, 2010). There are included various practices in the performance management which are done by using different tools and techniques of performance management. In AIG Europe Limited there is managed performance of employees by using the following tools.
In every organisation there is required to have effective consideration of welfare if employees in organisation that influence overall organisational effectiveness. There must be adopted various legislative and regulative requirements in the organisation. In the company AIG Europe Limited employee welfare can be achieved by the following aspecst.
There are different factors that influence the overall organisational effectiveness, efficiency and performance in adequate manner. The health and safety legislation can be implicated in human resource practices in following manner.
In the organisation lack of employee motivation is one of the topical issue which is making impact on the overall performance of the organisation. Employee motivation is important from the point of view to improve the performance of the employees in every organisation. In case of lack of motivation in employees make impact on the productivity and profitability of the company. In various organisations this is being most important issue in the organisations which is leading to employee retention in the organisation and also decreasing the market positioning of the companies (Washington, et. al 2010).
In different industries there are using different strategies and approaches to provide effective motivation to the employees because employees are the most important aspects of any industry which can make impact on the overall performance of the company. In the insurance companies like AIG Europe Limited this is an issue to motivate employees and retain them for long term and for that company is providing effective attraction to motivate which can be in form of the monetary and non- monetary rewards and promotions, other benefits and decision-making power in the organisation. By involving the employees more in the organisation there can be achieved in the organisation that influence overall organisational effectiveness (Washington, et. al 2010).
This report is concluded as the various aspects which are making impact on the various aspects involved in the effective HRM that influence overall organisational performance. Human resource management that can influence the overall organisational effectiveness. There are analysed various aspects of the UK based insurance company AIG Europe Limited. There are also analysed various types of employee discrimination which can make impact on the employee retention and motivation that influence overall organisational effectiveness. There are defined various theories and approaches which can be explained in effective manner to achieve organisational goals and objectives.
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