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Effectiveness of Human Resource Management Practices PDF

   

Added on  2020-12-10

15 Pages4379 Words329 Views
HUMAN RESOURCEMANAGEMENT

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Description of HRM in detail............................................................................................1P2 Recruitment and Selection................................................................................................3TASK 2............................................................................................................................................5P3 Benefits of HRM practices for organizations....................................................................5P4 Effectiveness of HRM practices in an organization..........................................................6TASK 3............................................................................................................................................7P5 Importance of employee relations which affects decision making of organizations........7P6 Important elements of employee legislation and their impacts on HRM decision making7TASK 4............................................................................................................................................8P7 Application of HRM policies............................................................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONHuman resource management refers to strategic approach to effective management ofworkers of company so that they assess business to gain the competitive benefits. This report isbased on Inviqa UK Ltd which is a private company and provides software solutions. Thecompany actually provides solutions to innovative companies so that they can engage, convertand retain their customers. Report from very starting focuses on HRM, their roles, goals, scope,etc. It then shows functions of HRM which includes recruitment and selection with examples(Alfes et. al., 2013). HRM always seek their employees as important components of theirorganization which is clearly described in following report, as in employee relations whichinfluences HRM for decision making. There will be discuss about different HRM practices inwhich various functions and activities are performed in order to achieve organizational goals andobjectives. TASK 1P1 Description of HRM in detailHumanresource management is one of the integral part of an organisation as theyperform different task just to provide benefits to the company. Main role of HRM is to selectsuitable candidates for their organisation who are eligible candidates in performing the task in abetter manner. Inviqa UK LTD company is one of the software industry, this company providehelp in developing of brand and business to engage and retain their customers. So in order toprovide help to the company there is a requirement of Human resource management (HRM) in acompany. It is a planned approach to the functional management of the company workers inorder to gain a competitive advantage for the Inviqa UK LTD . There are some of the purposeand functions of HRM in Inviqa UK LTD, which are as follows:Goal of Human Resource management: HRM department of any organisation worksfor the success of a company. Thus, their main role is to look after employees relations in contextwith salaries, wages, recruiting staff etc., Therefore, it is important for company to make policiesand strategies because on the basis of this overall goals and objects are depend on this (Alfes andet. al., 2013). Goal of Human resource management is to provide training so that they canperform their task in a better manner without any complications. So, HRM department of Inviqa1

UK LTD, they are hiring candidates who are best fit for the job and can give effective outcomesand results in return. Role of Human Resource management: In terms of roles of HRM, they do planningwithin the company after analysing performance of employees so that right task is given to rightindividual. Other than this, their role is to maintain workplace ethics so that clashes andcomplications can be avoided in the company. In order to balance this, human resourcedepartment set objectives so as to make sure that all the differences are respected and no one isgiven privileged (Armstrong and et. al., 2014). Theories of Human Resource management:Universalistic is one of the theory whichcan be used by the HRM department of Inviqa UK LTD, because it is related to best practice andhigh performance work practice. With the help of this, company try to maintain a better relationwith other departments which gradually improves organisational performance. Other than this,the best practice which are accepted universally are applied. Mostly, success of a company isbasically measured as per the financial indicators such as profits, market share, sales andproductivity etc., Role of Line Managers: A line manager is the one who directly manages entireoperations of business along with workers which enable him/her in reporting effectiveinformation to a higher ranking managers. Their prime role is to select talented employees inorder to full team positions. In addition to this, they provide appropriate trainings so that incontingency employees can be rotated so as to fill coverage gaps. Role of HR:Human Resource manager is consider as an important staff member as theyprovides professional training to new as well as existing employee. Apart form this, afteranalysing the performance of employees HR manager give appraisal so that employees can bemotivated and work to their fullest potential (Bos‐Nehles and et. al., 2013). Functions of HRM:Recruitment and selection: HRM department of Inviqa UK LTD are recruitingcandidates as per their capabilities and for this, company is giving advertisements in variousplatforms such as social media, newspapers, magazines etc., Training and development:Working in a new company cannot be possible if employeesare not provided with effective training and development programmes. In terms of Inviqa UK2

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