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Human Resource Management in BMW vs Tesla

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Added on  2023/06/10

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This presentation explores the Human Resource Management practices in BMW and Tesla, including their recruitment, training, and reward policies. It also discusses the implications of HRM on staff and line managers and compares the corporate strategies of both companies.

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PEOPLE MANAGEMENT

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Table of content
Introduction
Human Resources Management envolved as a sector, advantages and disadvantages
What is the current role of HRM and what is the HRM system
What are the implications and consequences of HRM to staff, line managers.
Human resource polices in relation to BMW
Human resource policies in relation to Tesla
Employment Employees recruitment in Tesla
Training policies
Reward policies
Comparison between corporate strategy of BMW and Tesla
Conclusion
References
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INTRODUCTION
Human useful resource control is described as set of practices which an agency follows for
controlling and dealing with personnel operating inside a agency. It is likewise accountable
for formulating plans or regulations over which operations of agency finished for the
accomplishment of set targets. The decided on agency on this report is BMW vs Tesla.
Bayerische Motoren Werke AG, usually known as BMW, is a German multinational
company producer of luxurious cars and bikes founded in Munich, Bavaria, Germany based
within side the 12 months 1916. Tesla, Inc. is an American car and easy power agency
primarily based totally in Austin, Texas.
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Human Resources Management evolved as a
sector, advantages and disadvantages
Advantage: Payroll Integration
Integrating payroll is a cost-powerful manner to make certain that personnel have get right of entry
to to payroll documents, inclusive of withholding paperwork and direct deposit statistics. It additionally
gives a portal so personnel can retrieve pay stubs and tax paperwork in preference to a human sources
clerk having to produce, distribute and ship to an employee
Disadvantage: Security Breach
As with any laptop generation and database, there's the danger that hackers will get right of entry
to statistics and use it for nefarious purposes. Employees offer employers with financial, tax and private
statistics inclusive of emergency contacts. A protection breach will be catastrophic.

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What is the current role of HRM and what is the
HRM system
The modern-day position of human useful
resource control is primarily based totally
upon three foremost areas: staffing, worker
repayment and benefits, and
defining/designing work. Essentially, the
cause of HRM is to maximise the
productiveness of an employer via way of
means of optimizing the effectiveness of its
employees.
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What are the implications and consequences of
HRM to staff, line managers.
HRM and staff: Human aid control (HRM), or staffing, is the
control characteristic committed to acquiring, training, appraising,
and compensating personnel. In effect, all managers are human aid
managers, even though human aid professionals may also carry out a
number of those sports in huge companies like BMW and Tesla.
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Human Resource Policies in relation to BMW
Recruitment and selection – BMW ha a shape that has its recruitment manner
wherein personnel are being employed with the aid of using the enterprise. In
order to recruit a 5 level manner needs to be accompanied with the aid of using
the enterprise wherein personnel who're having competencies and competencies
which can be to be required for process function of HR. The recruitment manner
has to assess the person upon the idea of various forms of commercial enterprise
scenario. This is an powerful manner of hiring exceptional personnel the ones are
healthy to be running in an enterprise as an worker. It additionally powerful in

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Continue
Benefits to employees: Training and development of programs is
helpful in making them aware about the situation of competitive
market. Practices of HRM is going to provide in maintaining of
management within BMW in order to make an positive impact upon
the business environment at workplace and also motivation level of
employees increases because of this which helps them in giving
better results with more efficiency.
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Human Resource Policies in relation to Tesla
Onboarding process:
This is another
important HRM
practice which has
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Access to knowledge and
tools: Access to all important
substances and running gear
are a totally essential a part of
HRM practices.

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Employment Employees recruitment in Tesla
Employees recruitment:- It refers back to the procedure of locating out suitable
contributors for unique task function and influencing them to use for that emptiness
through marketing and marketing approximately that task function. Employees
recruitment essentially use techniques that are stated below:
Internal Employees recruitment:- This method is used whilst Tesla look in the
employer and assessing the functionality of current personnel so that can top off the
vacant function through setting an current employee over better function. Some internal
Employees recruitment strategies are switch or promote
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Training policies
Training Policies:- It is described because the technique of enhancing the capabilities,
abilities and ideas through offering right steering and information to personnel as a way
to enhance their performance. By arranging right schooling consultation for brand
spanking new personnel, Tesla end up capable of sharpen up their capabilities which are
important for acting specific task function for growing productivity.
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Reward policies
Reward control is the creation of guidelines and techniques that rewards each
worker in the enterprise pretty and constantly throughout the board. Rewarding
personnel for super paintings makes them experience valued and may show to be a
effective motivational device that enhances productivity.

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Comparison between corporate strategy of BMW
and Tesla
The strategy of Tesla is to enter at the high end of the market, where
customers are prepared to pay a premium, and then drive down
market as fast as possible to higher unit volume and lower prices
with each successive model.
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Conclusion
Human useful resource control is described as set of practices which
an agency follows for controlling and dealing with personnel
operating inside a agency. It is likewise accountable for formulating
plans or regulations over which operations of agency finished for the
accomplishment of set targets.
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References
Amberg, J. J. and McGaughey, S. L., 2019. Strategic human
resource management and inertia in the corporate entrepreneurship
of a multinational enterprise. The International Journal of Human
Resource Management. 30(5). pp.759-793.
Brunstein, I. ed., 2016. Human resource management in Western
Europe (Vol. 68). Walter de Gruyter GmbH & Co KG.
CHATTERJEE, S. and RAMESH, R., 2015. LINKING TEACHING
STYLE AND LEARNING STYLE AS A MEASURE OF PERSON
ENVIRONMENT FIT TO ASSESS STUDENT
PERFORMANCE. International Journal on New Trends in
Education & their Implications (IJONTE). 6(4).
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