HRM: Importance, Functions, Workforce Planning, Recruitment and Selection

This document provides an overview of HRM, its importance, and its functions. It also discusses how HRM can help Netflix achieve its business objectives. Additionally, it explains the concept of workforce planning and the difference between recruitment and selection, including the different approaches commonly used. The document is relevant for students studying HRM or anyone interested in understanding the role of HRM in organizations.

HRM

Table of Contents
INTRODUCTION...........................................................................................................................3
1. Define the concept of the HRM and have the explanations of the purpose of HRM to Netflix
.....................................................................................................................................................3
2.Explain the key functions of HRM, and in particular assess how HRM can help Netflix
achieve its business objectives.....................................................................................................4
3. Concept of workforce planning...............................................................................................5
4. Explain the difference between recruitment and selection, including the different
recruitment and selection approaches commonly used...............................................................6
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................8

INTRODUCTION
Human resource management is considered to be the strategic approach for the effectivelevel of
management of peoples in the company which will help in out to gains more level of competitive
advantages. This is the approach which have beendesigned to have the maximization of the
employee performances and there provide the strategicdirection to the employee. This is
responsible for the overseeing their different aspect such as employee-benefits design, employee
recruitment, training and development, performance appraisal, and reward management. In this
report, there will clear level of discussion on theimportance of the HRM in the Netflix
organization. The company Netflix have beenrecognized as theAmerican media service
providers and the productioncompany situated and headquarter in the California.
1. Define the concept of the HRM and have the explanations of the purpose of HRM to Netflix
Human resources management have been previously known as there personal
managements which have the involvement of the process of the recruiting, selecting, inducting
employees, providing orientation, imparting training and development. In addition to the
statement Human resource is a development of attracting, choosing, holding the experienced
staff or a use in inside activity of human resource organization.
The purpose of the HRM is regarding to have the job and deals with the employees in order to
have the proper identification of the needs alongwithmanaging and mobilizing the properly in the
organizations. This have done through the practising of the different policies andpractices which
have the ultimately value the major assets byintegratingthepersonal function into the
development of the strategic management. Netflix have been the complexly outstanding
company’s which have the clearly entailing only phenomenal, qualified people. People at ease in
a disruptive working environment regarding the establishments of the culture “VALUES ARE
WHAT WE VALUE”.
Netflix and its culture have made the level of movement in HR world as the company have been
there forefronts of the people which is minds for all the right reasons. The company have the
clear level of setting up the keeppoints which is outlining the culture based in thevalue of
companies,by hiringtheirtop level of talents andgiving the employee a level of freedom to
innovate and bee creative which will make them more successful personality.
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The company have the development of the HRM practices stating that’s the company should
have the providence of the freedom and responsibility to the employees in order to make them
more level of innovative, smart, creatives for which theory will be turning out as the
responsible people thrive on freedom and are worthy of freedom.
The company have the purpose to establish in order that’s the Netflix have the believes
onunderstandingtheir full context of the business which cane the employees really the help
thecompany grow. Netflix have asked the manager and the employee to have the establishment
of the regular level of conversations abouttheirperformances of the organic’saorist of thework.
2.Explain the key functions of HRM, and in particular assess how HRM can help Netflix achieve
its business objectives
THE FUNCTION OF HRM IN Netflix are:
Managerial functions: The Human Resource Manager is a bit of the definitive organization of
settle. HRM of Netflix must play out the fundamental authoritative components of
masterminding, sifting through, directing and controlling as indicated by its specialization
(Smale et al., 2013).
Operative functions: The operational limits are of those tasks or responsibilities which are
explicitly depended on the human asset or workforce division of Settle. These limits are focused
on nearly work, progress, remuneration, bargain and upkeep of staff of the Settle (Deepak et al.,
2013).
Advisory functions: Human Asset Director and experts has particular instruction and planning in
managing HR. they are ace in their common region hence can donate admonish on issues
distinguishing with HR of the Settle (Wang et al., 2012).
Labor law Compliance-
It is the function of HR of Netflix to comply with the factors of labor and employment
laws. If they do not focus on these measures then they will notice a rise in the level of complaints
which will be specifically on the issue of complaints of workplace and practices used by them
that are unfair. Also it checks the level of dissatisfaction with conditions of working that affects
the profitability and productivity. It is necessary that department of HR of Netflix is aware of the
laws of employment that are federal and state.
Training and Development-
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It is necessary that department of HR looks after the activities which involves training
and development of employees. It is necessary so that they can adapt the culture of Netflix. For
the employees those who are new in the company needs to get the training of leadership so that
they when they are promoted they are ready to make decision. It is necessary even for the
managers who are hired newly into the company.
3. Concept of workforce planning
Workforce planning is a way through with Netflix ensures that it has right kind of people
at right place on right time in right number are available to the organisation. Workforce Planning
can be defined as a process of analysing forecasting and determining the give existing in the
organisation regarding required manpower and available manpower (Willis, Cave and Kunc,
2018). This is done in order to ensure that organisation has required number of people who are
able to effectively carry out all the functions of the organisation. Netflix also undertake effective
manpower planning so that they can avoid potential shortage and excessive manpower in the
organisation. The process of planning starts with starts with identifying requirement of of men
power and forecasting demand and supply of Manpower in the organisation. in order to do this
Netflix effective process of demand forecasting and supply forecasting. This is later followed by
identifying and analysing the get existing in Netflix. The gap refers to unavailability of
Manpower in organisation. This is followed by analysing the requirement of Manpower in terms
of skills and knowledge to perform different organisational functions.
Workforce planning letter includes determination of sources of recruitment which will be utilized
to to fill the gap that exist in organization. There are several reasons because of which workforce
planning is important as this gives direction to Netflix regarding acquisition of of right kind of
people in the organization who are able to carry out functions of the organization in most
effective and efficient way.
Workforce planning is in several ways is relevant to to recruiting and selecting process at Netflix
(Doumic and et.al 2017). The relation between workforce planning and recruitment is that
workforce planning determines the sources of recruitment Netflix will require to to utilise for
recruitment. This means that during demand forecasting Netflix identify potential process of
recruitment this means that sources from where Netflix will be able to get required kind of
people. There are two sources of recruitment these are internal and external. Internal sources of
recruitment refer to those sources in which Netflix is able to recruit people for vacant post from
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those people who are already working for Netflix. External recruitment refers to recruiting
people from outside the organisation. Demand forecastinginvolves source through which Netflix
will be able to fulfill demand of people in organisation.
Similarly selecting talent at Netflix is also relevant with workforce planning this is very
concerned with selecting best available talent for the organization. The Talent can be analyzed
on the basis of best when Netflix is aware of of the kind of people required in organization and
this is possible by the process of identifying the people required in in Netflix. In doing so
analysis of gap existing in organization becomes very important and bases for selecting right
kind of people at right place on right time.
About this question suggest that workforce planning is very important and significant relevant
with recruitment and selection in Netflix (Picardi, 2019). This plays important role in success of
recruitment and selection of talent in Netflix.
4. Explain the difference between recruitment and selection, including the different recruitment
and selection approaches commonly used
Comparison Recruitment Selection
Meaning It is considered as the activity
through which eligible and
potential candidates are taken
out by Netflix and they are
convinced to take a place in
the company.
It is considered as the process
of taking out candidates and
select them on the basis of
suitability criteria.
Approach It is considered as positive
aspect by Netflix as it
increases the level of
applications left by people to
enter or take a place into the
company.
Basically it is considered as an
negative aspect because it
reduces the level of applicants
as this process is only
concerned with taking the
employees who match the
criteria of Netflix.
Objective Objective of this aspect is to Netflix selects only those who
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invite more people to fill the
vacancy of the company.
meet the eligibility criteria and
do not consider the rest.
Key factor With this Netflix advertises
the job.
With this Netflix finalize the
employee.
Sequence It comes before selection It comes after recruitment.
Process Netflix uses different and
many platforms after the
process is completed they
provide the form to the
candidates that are available.
Netflix tests the employees on
different levels which involves
tests, knowledge, interviews
etc. so that they can assess that
they fit to the criteria of the
company appropriately or not.
Contractual relations There is no form of
contractual relation in the
stage of recruitment as it
involves dealing with the
aspect of communication and
positions that are open for
vacancies.
Selection establishes a relation
that is based on contractual
agreement between Netflix
and their employees.
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REFERENCES
Books and Journals
Doumic, M and et.al 2017. Toward an integrated workforce planning framework using structured
equations. European Journal of Operational Research. 262(1). pp.217-230.
Picardi, C.A., 2019. Recruitment and Selection: Strategies for Workforce Planning &
Assessment. SAGE Publications.
Willis, G., Cave, S. and Kunc, M., 2018. Strategic workforce planning in healthcare: A multi-
methodology approach. European Journal of Operational Research. 267(1), pp.250-
263.
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