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Functions and Objectives of Human Resource Management

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Added on  2021-01-02

Functions and Objectives of Human Resource Management

   Added on 2021-01-02

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HUMAN RESOURCE MANAGEMENT
Functions and Objectives of Human Resource Management_1
Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3P1) Functions and objectives of Human Resource Management...........................................3P2) Various methods of recruitment and selection.................................................................4TASK 2 ...........................................................................................................................................5P3) Advantages of Human Resource Management practises.................................................5P4) The effectiveness of Human Resource Management practises- .....................................5TASK 3............................................................................................................................................7P5) Explain the importance of employee relations................................................................7P6) Explain various elements of employment legislation......................................................7P7) Application of HRM practises.........................................................................................8CONCLUSION ...............................................................................................................................9REFERENCES................................................................................................................................9
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INTRODUCTION Human Resource management refers to a propermethod that involves various functionsof managing the human resource of an organization. Human Resource manager of theorganization has a major responsibility of performing all the managerial functions in anorganization(Taylor, 2015). Human resource department is responsible for formulating variouspolicies related with training and development, performance appraisal, maintaining industrialrelations etc. So that, productivity of employees will improve. Tesco Plc. belongs to retailindustry. It was founded in 1919 in London, England. The company is a retailer of groceries andgeneral merchandise in United Kingdom. The founder of Tesco is Jack Cohen. Key products ofthe company are superstores, supermarkets, convenience shops etc.MAIN BODYTASK 1P1) Functions and objectives of Human Resource Management.Figure 1 : Functions of Human Resource ManagementSource : (Functions of Human Resource Management,2018)
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Objectives of Human Resource Management - The purpose of Human ResourceManagement is to develop policies related with the employees of an organization such as policyrelated with training and development, performance appraisal etc. so that, the employees will bemotivated to perform better and productivity will improve. This will help an organization toachieve its objectives.Functions of Human Resource Management -The various types of roles and functions ofHuman Resource Management are as follows-Recruitment- It is the process of influencing and attracting a large number of candidateswith wide range of sills to apply for the vacant job position in the company. HumanResource Manager of Tesco plays is responsible for attracting huge number of candidatesfor right job in the company. They helps in job analysis, human resource planning etc(Banfield, 2018).Training and development- It refers to the procedure of developing new skills of theemployees through regular training sessions, providing development opportunities etc.The Human Resource department of Tesco plays an important role in providing on thejob training to the employees.Performance appraisal- It is a continuous process of evaluating the level of performanceof employees. Human Resource Manager of Tesco is responsible for evaluating theeffectiveness of the performance of workers to determine whether employees needimprovement in some areas or not (Baum, 2016.).P2) Various methods of recruitment and selection.Recruitment- It is a method of attracting and influencing suitable candidates for applyingto right job position in the organization. There are different approaches of recruiting employeesin an organization. They are as follows-Internal recruitment- It is the process of to filling the vacant job positions of the organisationby appointing existing employees. Tesco can adopt various methods of recruiting the employeeswithin the company. Human Resource Manager can use various methods such as promotingemployees at higher level etc.Strength- Company will not have to invest large amount of funds. It is a cost effective method.Weakness- There will be limited number of employees to recruit for vacant job positions(Bratton, 2017).
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