Employees:
Asda’s employees want high payment, fringe treatment, fair salary, and safety and training.
In order to meet this need Asda pays employees well for example the starting hourly rate for Asda colleagues is always higher than minimum salary rate of UK. After employees starts working, every employees gets a pay rise. Staff at Asda can use the discount card to do shopping in Asda and get 10% off from the purchases. Asda also give annual bonus to the staff and the benefit of buying share of the company. They also provide free uniform and food for very reasonable price. They make sure that employees get proper training of the equipment using at work, health and safety training, getting breaks when long hours and fair salary. This all
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They treat colleagues in very friendly manner and having very efficient communication. Asda also have special competition every month to motivate staff by reward system “So far I'm really enjoying it and the other colleagues are really helpful, friendly and have made me feel welcome.”- One of the employee at Asda.
“I have a great team working around me. Another great thing would be the great opportunities open to you here at Asda - there are opportunities to go to the USA to Wal-Mart amongst many other progression opportunities. At Asda, everyone is treated and respected for their individual qualities” – People service and MI assistant at Asda
Suppliers:
Supplier want continuous orders and all the suppliers are getting orders consistently because Asda have good sales. This is very important to suppliers. Making payment on time and having meeting with suppliers to keep updating them about the requirement as well as to build strong relationship with them. It will influence the suppliers and also it will build up trust between two parties. Good communication with supplier is also important. Suppliers who work with Asda have legal contract with company for their protection. Asda have tracking system, which means it will help to avoid delays for payment as it keep reminding about the payment to staff who are responsible for issuing
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Trade unions are an external stakeholder of the business because of the business makes decisions they do not necessarily have to be informed.
Asda is affected greatly by trade unions as before employees were not allowed to join trade unions while working for them but as legislation has changed this clause has also changed. I believe this was done to intimidate employees and make them think they cannot do anything to oppose decisions made by the owners of the business as they do not have any voice in the decisions. But this has also changed now employees are allowed to join trade unions and protest against working policies that may be seen unfair to the employees. They also have the right to protest if they not given the right amount of pay or the correct environment for suitable working conditions within the workplace. Trade unions are there to discuss with your employer and protest on your behalf if you believe you are not being treated fairly in your place of work.
Employer