Importance of Human Resource Management
Added on 2020-07-22
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Human Resource Management
Table of ContentsOVERVIEW....................................................................................................................................1INTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1P 1 Purpose and function of HRM.........................................................................................1P 2 Strength and weaknesses of different recruitment and selection approaches..................2M 1..........................................................................................................................................4M 2..........................................................................................................................................4D 1..........................................................................................................................................4TASK 2............................................................................................................................................4P 3 Benefits of using different HRM practices......................................................................4P 4 Effectiveness of different HRM policies..........................................................................5M 3..........................................................................................................................................6D 2..........................................................................................................................................7TASK 3............................................................................................................................................7P 5 Importance of employee relation in organisation in order to influence HRM decision...7P 6 Key elements of employee legislation.............................................................................8M 4..........................................................................................................................................9D 3..........................................................................................................................................9P 7 Application of HRM in work...........................................................................................9M 5........................................................................................................................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
OVERVIEW Mark & Spencer is one of the biggest multinational retailing company. Headquarter oforganisation is established at London. They are providing various services such as clothing, foodand so on. They are having services through various modes such as physical outlets, home stores,hospitality and online stores. They are having various stores through out UK. Along with thisvarious other companies are also considered for expanding their business. The organisation hadfaced financial decline in year 1997 due to which various stores get closed. After sometime theyagain restructure their stores by re-opening them with new costs and prices of services.INTRODUCTION Human resource management is essential part of organisation in order todevelop and maintain human resources. They play important role by organising variousactivities in order to achieve objective. This report is based on the role and functionalityof HRM in company. Mark & Spencer is a retailing company, which is used to describerole and responsibilities (Anderson, 2013). Strength and weaknesses of variousselection styles are considered. Along with this effectiveness of HRM practices are alsodescribed in order to raise profitability of organisation. TASK 1P 1 Purpose and function of HRM.Human resource management system is focused on identifying human capital asresources, in order to increase success rate of organisation. Mark and Spencer ishaving HRM department into their company. They are provided with three majorresponsibilities such as staffing, employees compensation and benefits of company(Armstrong and Taylor, 2014). The main purpose of developing HRM department intoan organisation is match the workforce in order to meet need of company, maintainemployee and firm relationship to maintain growth.Function of HRMIn order to increase performance of employees in organisation different functionsare performed by HRM. Mark and Spencer involve various steps for maintainprocessing to achieve objective. Various action are also performed in order to hire newone. Some of them are following:1
Recruitment and selection: This is a process in which candidates are selectedon the basis of their potential and qualification, based no companies criteria. It isconsidered as an important step in order to reduce annual budget of firm in orderto providing training and learning to employees. Orientation: It is provided to new employees for introducing with thefundamental requirements of organisation. Along with this it helps worker in orderto understand objective if organisation (Brewster and Hegewisch, eds., 2017).Companies also assign duties to new joineries through orientation activity. Maintain working environment: In order tp providing positive and peacefulenvironment to employees, this step is considered. Along with this motivation isprovided to employee, so that they can perform their job effectively. Employees and organisation relation: In every organisation, employees areconsidered as foundation. Company cannot survive without efficient work force.Therefore, it is very important for an organisation to provide peacefulenvironment to their employees and maintain positive environment of firm. Forthis employee-organisation relationship should be healty. Training and development: In order to enhance skills and ability of employeesvarious training and development programs are organised by firm (Brewster andet. al., 2016). Along with this different education and learning programs areorganised in order to tech advance techniques. P 2 Strength and weaknesses of different recruitment and selection approaches.Mark and Spencer consider HRM department one of essential part of company.In order to increase efficiency of managing processes various selection procedure canbe used. Strengths and weaknesses of various recruitment processes are following:Ethnocentric: Strength: In this recruiting style company is full with the sense of national pridefrom where they belongs. Which helps to keep them united and also createsfeeling of belonging. Trough this way they inspire firm in order to preserve theirtradition. They give preference to employees who follow they tradition effectively.Weaknesses: As organisation give importance to qualification and ability ofcandidate, due to which cross-cultural approach play important role in growth of2
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