Human Resource Management

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Human Resource Management
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Human Resource Management
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Human Resource Management
Contents
Introduction:................................................................................................................................................4
LO1: Explain the purpose and scope of human resource management:.......................................................5
Definitions of HRM by Canary Wharf firm:............................................................................................5
The ‘Best Fit’ method against. ‘Best Practice’:.......................................................................................6
The hard and soft forms of HRM:............................................................................................................7
Workforce arrangement:..........................................................................................................................8
PESTLE analysis:....................................................................................................................................9
Recruitment:..........................................................................................................................................11
LO2: Evaluate the effectiveness of the key elements of Human Resource Management:..........................12
Different HRM practices:......................................................................................................................12
Job and office design:............................................................................................................................14
The flexible organisation:......................................................................................................................15
Performance and recompense:...............................................................................................................16
LO3 Analyze internal and external factors that affect Human Resource Management decision-making,
including employment legislation..............................................................................................................18
LO4 HRM practices for Receptionists Training........................................................................................22
References:................................................................................................................................................27
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Human Resource Management
Introduction:
Leadership relics the utmost tactics followed by most associations. Management lingers one of
the finest approaches that get utilised for the management of recruits. The course of management
also improves support for workers regarding getting information about what they are doing.
A business’s achievement relies on their worker performances as well as employment and the
procedures of teaching which managers of human resource management perform. The
employment and selection method aspires with the HR section where they make engagement of
well-organized staffs. The viable labour marketplace creates a catalogue of rewards within a
company which can be manifest as an efficient company.
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Human Resource Management
LO1: Explain the purpose and scope of human resource management:
Definitions of HRM by Canary Wharf firm:
Main tasks performed by Canary Wharf firm: The important purposes of HRM of the firm
consist of:
 Benefits and Reimbursement: The human resource department of Canary Wharf
focuses on the profits and compensations of the company. One of the main purposes of
the HR department of a company is to observe the profit level of the organisation and
evaluate the compensations of the employees (Beeton, 2008).
 Establishing a relationship between worker and work: If the employees of a company
do not love their work, then the growth of that particular company will stop eventually.
HRM of an organisation makes a positive relation between the workers and their works.
They try to motivate the workers towards their work.
 The growth of human resource: This is another vital purpose of human resource
department. They try to expand the growth of human resource and assess the
development of HR.
 Human resource arrangement, employment, and assortment: Staffs are the most
valuable assets of an organisation. HRM of a company helps to select the employees
appropriate for the company. They select the employee criteria, arranges meetings, takes
examinations of the candidates and then selects the perfect candidate based on their skills
and proficiencies.
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Human Resource Management
 Human resource study: HRM does a lot of studies and researches for the benefit of the
firm. They assess the market position, study the business growth, examine the products to
maintain the reputation of the company.
 Safety and wellbeing: HRM of an organisation also focuses on the health and safety
issues of the employees. They make sure that their employees don’t get injured in the
workplace.
Activities:
The actions of Canary Wharf firm comprise:
1. Expansion of a methodical acquaintance about the business plans, traditions as well as the
Canary Wharf firm’s strategies.
2. Acting as a counsellor.
3. Initiate modifications and alterations and play the job of a catalyst and connoisseur.
4. Establishing an excellent communication among each person present inside the office of
Canary Wharf firm.
The ‘Best Fit’ method against. ‘Best Practice’:
Best Fit Best Practice
Best Fit method believes in recompense
schemes which ought to be associated
with that of the plans of the corporation
Best Practice affirms that some HRM
guidelines will contain recompense plans
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