Part A: Academic Writing
The tourism industry is one of the significant business ventures of both the SME and the multinational companies in the country. The natural charm of UK has attracted tourists from all over the world to the country. The capability of moving freely across the Euro zone has been able to increase the frequency of the travelers among the European Union member states that have strengthened the tourism industry in the European economy (Filimonau and Mika 2017). This specific scenario is more apparent in UK as most of the foreign tourists emerge from UK itself due to the free movement and the easy access to going to other countries. As a consequence to that the hotel and accommodation industry also depend on the business and leisure travelers from UK (By, Ford and Randall 2017). However, the decision of Britain of withdrawing from the European Union can act as a disaster for this industry, especially the businesses that are involved in the accommodation services for the travelers. This study will focus on two of the major impact that can affect the tourism and accommodation industry.
Cost Effectiveness of the Human capital
The tourism and hotel industry of Britain is a major employer for a major number of immigrants from various countries from the European Union. The considerable change that will come after Brexit may affect the capability of this industry in recruiting the foreign nationals. This will also have a long term effect on several businesses in the hospitality and tourism sector in terms of filling out several roles as there is a significant shortage of skills in the labour market of UK (Simionescu, Strielkowski and Kalyugina 2017). In Addition to that, the hospitality and tourism industry of the UK may have to struggle for recovering fully from the sudden withdrawal from the European Union, as UK mostly depends on the other countries in the European Union as a major source of labour. Apart from that the freedom of free movement within the countries of European Union is the major reason for the sustainability of the tourism and hospitality industry in UK. Therefore, the impact of Brexit may influence the economic feasibility of a variety of elements of this industry. For instance, in the past the hotels and accommodation services in the UK were capable of providing the quality service at a low price due to its membership in the European Union. Moreover, the large consumer base in the countries of European Union allows the hotel and accommodation service to operate at this capacity, therefore they can offer much better prices and can guarantee further visits from the guests. This helped the tourism business Of UK to enable the competitiveness in the market. However, the sudden implementation of Brexit may imply that in future the residents of European Union countries will not be able to work without any difficulty in the tourism and hospitality sector in the UK (Elliott and Stewart 2017). This may force this industry to outsource its services to the domestic organizations which may cause the further loss in the quality control and it may also increase the cost of the services in the industry by 20 percent approximately. Therefore loosing the membership of Britain with the European Union may act as the catalyst on increasing the cost of the quality services in UK, which may affect the allover business in the tourism industry.
Changes in Employment Law
Due to the withdrawal of Britain from the European Union, there may be few changes in the employment law of Britain. This may also affect the human resource policies of the tourism and hospitality industry in Britain. However, it is not expected that the retain government would fully repeal or even substantially repeal the accessible employment laws. However, as a result of the exit of UK from the European Union may impact on removing or changing few aspects of the existing employment regulations that have been proved to be out of favor in the UK business scenario (Whitman 2016). However, removal of such protection may affect the human resource policies and this may be viewed by the rest of the European Union and the other trade unions and pressure groups as a negative one. However, there are some areas that may have some vulnerable issues such as regarding the Discrimination law or TUPE. The Equality Act 2010 have modifies the discrimination legislation, specifically relating to the race, gender, disability. However, even if it has been said that there will not be much changes in the law, yet according to the analysts any changes in this area will affect the flow of human resources in the tourism industry (Babonneau, Haurie and Vielle 2016). The TUPE is implanted within the business practices of UK and it protects the transferring the assets or the outsourcing which is mostly considered as reasonable ones in the interest of the existing employees and the business. Therefore, if there is any significant change in this law, it may again affect the flow of the human capital.
As Brexit becomes a certainty in the tourism and hospitality industry in UK, it is quite obvious that the exit from the European Union might influence the sustainability from these areas. The changes in the employment law may also imply the changes in the free movement of the foreign nationals from the other countries of European Union. Therefore it may affect the quality of the services in the hotel and tourism industry. In addition to that, if most of the organizations in the industry face a major deportation because of this sudden withdrawal from the European Union, it may increase the overall operational cost for the industry in UK which ultimately leads to a decline in the competitiveness in the international market. Therefore, it is significant for the government to consider the potential prospects for adopting the policies which will make sure that this industry can survive the sudden change.
Part B: Reflective Writing
I am a person who is flexible and can accept any person regardless of their personality traits. I am also a futuristic as the future ideas fascinates me to a great extent; therefore it pushes me a level where I can be energized and encouraged to achieve the particular goals in my life. However, the primary issue that I have, which in fact can be called my major weakness, is losing focus. This issue has troubled me in the past as well, as I tend to lose focus immediately, if I do not get the desired thing right away. I tend to lose interest; therefore I become frustrated with that particular thing. However, in overcoming this issue, I will try to focus on the futuristic ideas that can be achieved if I do not lose focus from a particular job or any task. This though encourages me to stick to the job and filter my feelings regarding not achieving some commendable thing right away. I hope this will help me in overcoming my weakness.
The sudden withdrawal of Britain from the European Union can act as the biggest threat to my career, as several companies may leave the country. This may create higher chance of unemployment. In minimizing the threats I will try to apply for jobs outside Britain as well, so that I do not become a victim of Brexit and the future chances of higher unemployment in the country.
Reference List and Bibliography
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Babonneau, F.L.F., Haurie, A. and Vielle, M., 2016. Brexit and Costs of EU Climate Policy (No. EPFL-ARTICLE-219094). Nature Publishing Group.
By, R.T., Ford, J. and Randall, J., 2017. Changing times: what organizations can learn from Brexit and the 2016 US presidential election.
Coulter, S. and Hancké, B., 2016. A bonfire of the regulations, or business as usual? The UK labour market and the political economy of Brexit. The Political Quarterly, 87(2), pp.148-156.
Cumming, D.J., Wood, G. and Zahra, S.A., 2016. The Rise of Right Wing Populism and Its Effect on HRM.
Elliott, C. and Stewart, J., 2017. What are the (C) HRD implications of Brexit? A personal reflection?.
Filimonau, V. and Mika, M., 2017. Return labour migration: an exploratory study of Polish migrant workers from the UK hospitality industry. Current Issues in Tourism, pp.1-22.
Simionescu, M., Strielkowski, W. and Kalyugina, S., 2017. THE IMPACT OF BREXIT ON LABOUR MIGRATION AND LABOUR MARKETS IN THE UNITED KINGDOM AND THE EU.
Whitman, R.G., 2016. The UK and EU foreign and security policy: an optional extra. The Political Quarterly, 87(2), pp.254-261.
Whitman, R.G., 2016. The UK and EU foreign, security and defence policy after Brexit: integrated, associated or detached?. National Institute Economic Review, 238(1), pp.R43-R50.