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Human Resource Management Concepts

   

Added on  2020-01-15

17 Pages5854 Words122 Views
Leadership ManagementProfessional Development
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Human Resource
Management
Human Resource Management Concepts_1

Table of Contents
INTRODUCTION......................................................................................................................3
TASK 1......................................................................................................................................3
1.1 Differences in applying human resources management and personnel management.....3
1.2 Assessment of functions of human resources management............................................4
1.3 Roles and responsibilities of line managers in HRM......................................................5
1.4 Impact of legal and regulatory framework on Human Resources management..............6
Task 2.........................................................................................................................................7
2.1 Analysis of reasons of HR planning and its importance.................................................7
2.2 Stages involved in planning the human resource requirements......................................8
2.3 Comparison between recruitment and selection process ................................................9
2.4 Evaluate the effectiveness of recruitment and selection techniques................................9
Task 3.......................................................................................................................................10
3.1 Link between motivational theory and reward system..................................................10
3.2 Key elements involved in the job evaluation process....................................................11
3.3 Effectiveness of reward systems if different contexts of Posh Nosh Limited...............11
3.4 Ways to monitor employee's performance in the organisation......................................12
Task 4.......................................................................................................................................13
4.1 Identification of ways to reduce employee turnover.....................................................13
4.2 Employment exit procedures of two organisations.......................................................14
4.3 Impact of regulatory and legal framework on employee cessation arrangements........15
Conclusion ...............................................................................................................................15
References................................................................................................................................16
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INTRODUCTION
In the realm of modernisation and hyper competition, corporate bodies are becoming
more concern to acquire significant position in the volatile marketplace. With a view to attain
long-term goals and objectives, business entities lay its emphasis to increase its productivity
along with improvement in performance of employee. Moreover, to retain existing human
resources in the workplace and attain competitive advantage, it has become crucial to
implement the aspects of human resource management. Human Resources Management
(HRM) is philosophy of management of groups and individuals in business organisation. It
comprises of various management theories and models which can be implemented in a firm,
so as to enhance employee engagement and avail ample of career growth and development
opportunities for them so that they can reach to success. The present module introduces
various functions of HRM that are contributing to organisational purposes and objectives.
Furthermore, with the context of Posh Nosh Limited, recognition of HR activities and
practices will identified.
TASK 1
1.1 Differences in applying human resources management and personnel management
Earlier, business organisation were not known of aspects of HRM and its various
functions, as they used to have personnel management in their workplace, which is the
traditional approach to manage and control employees and monitor heir performance. In the
present case scenario, the small and medium sized enterprise (SME), named Posh Nosh
Limited has recognised the need to consolidate the HRM approach in its workplace, in order
to arrange and manage work and employees (Arafat and Ahmed, 2013). So, the company
need to have an understanding of key differences between personnel management and
human resource management, some of them are mentioned below:
Human Resources Management Personnel Management
HRM is proactive kind of nature. Personnel management is basically reactive in
nature.
It is mainly concerned with the present as
well as future necessities and objectives.
This approach only emphasis to measure and
control present management system of the
organisation.
It is resources centred practice which is It is centred towards employees, including
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mainly focuses on the managerial aspects,
development and growth of workforce
within the organisation.
hiring process, training and development,
maintaining and compensating the workforce
of the firm.
On the demand of business, activities are
performed, thus it is an open-minded
approach. It is more focused to motivate its
employees and inspire their performance
(Armstrong and Taylor, 2014).
Strict defined rules and procedures are there,
which monitor and govern the relationship
between management and workforce.
On the basis of performance of employees,
they will be paid which increase their
morale and provide them job satisfaction.
Here, job satisfaction and morale is considered
as major sources of improved performance. On
the basis of fixed structure, employee are paid.
Direct communication process Indirect communication process
Decision making process is fast and
effective
On the contrast, decision making process if
very slow.
From the above analysis of differences between HRM and PM, it can be depicted that
Posh Nosh Limited should lay its concern over the aspects of HRM, in order to enhance the
performance of employees. Also, to attain success and growth in an effective way, it has
become necessary for the company to adapt human resources management approach within
its workplace, which can be done by implementing its several employee engagement
techniques and practices.
1.2 Assessment of functions of human resources management
Human Resource Management has wide range of functions which can be adopt by
Posh Nosh Limited in its workplace in order to achieve organisational purposes and goals
within the standard time period. The key functions of HRM are stated below:
HR planning: The main function of HR team of the organisation is to plan its
business activities in effective manner, so that desired outcomes can be attained.
Moreover, it is a systematic approach to link organisational objective with employee's
performance.
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