8/16/2019 Role of Labour Union at Stylo

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Role of labour union at stylo:

There is no role of labor union at Stylo regarding their compensation policies. Compensation policies

are designs by upper level management i.e. Area Sales Manager, Directors, Admin and General

Manager. Financial year of Stylo is une, before every fiscal year Stylo revise their compensation

policies. So it!s strategy of Stylo to arrange a meeting of all top management before revising their

compensation policies. "n meeting managers of all Stylo branches report!s their problems to their

 Area Sales Manager. Then problems are shared by all top management members. Members of top

management discuss problems and come up #ith solutions and ta$e corrective actions to resolve

the problems. "f someone has issue regarding salaries then they #ill also consider it and

compensate him.

Methods to deal with equity issues:

"n an organi%ation there could be three types of e&uity issues #hich can rise if a person is not facing

fineness in his pay and they are'

Individual equity:

"ndividual e&uity issue arises #hen one individual #ith same (ob level, e)perience, s$ills and abilities

compare his (ob #ith others. "n Stylo usually employees don!t face individual e&uity issue but if

someone have than the branch manager can increase his grade or benefits #hich satisfy him.

Internal equity:

"nternal e&uity issue could rise if an employee faces any ine&uity #hen compared to other (obs in the

company. Stylo employees don!t have the internal e&uity issue because $no#ledge, s$ills, abilities

and pay * incentives are clearly defined for each (ob. "f any internal in e&uity issue rises themanager clearly understands it than provide the solution accordingly. To resolve the internal e&uity

issue Stylo also conduct the (ob analysis and (ob evaluation.

External equity:

+)ternal e&uity issue arises #hen (obs pay rate are compared #ith other companies in the same

industry. As Stylo are the mar$et leaders they are already paying greater than all of its competitors,

so no issue of e)ternal e&uity in their organi%ation.