HRM Practices: Concept, Purpose, and Key Functions

HRM PRACTICES

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Concept and purpose of HRM to Netflix....................................................................................1
Key functions of HRM and how they help in achieving its business objectives........................2
Concept of workforce planning for effectively recruiting and selecting the talent to Netflix....2
Explain the difference between recruitment and selection with suitable approaches.................2
Using two current job descriptions, evaluate the advantages and limitations used in
recruitment and selection approaches.........................................................................................2
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................4

INTRODUCTION
Human resource practices are the part HR strategy as it is a comprised system of doing
business. The term best practices defines the HR system which have great impact on the
workforce and an organisation. These practices are the set of human resource management
actions and process which work universally (Milliman and Clair, 2017). HR is a strategic
approach of effectively managing the people of company in a manner that they help in gaining
competitive advantage. This report is in the context of Netflix which is an American media
service provider and production company founded in 1997 and headquarter in Los Gatos,
California. This assignment is going to cover the concept and purpose of HRM and its key
functions. It also explains the effective workforce planning and comparison between recruitment
and selection with its suitable approaches. Lastly, using two job descriptions, the advantages and
disadvantages is described of various recruitment and selection approaches.
MAIN BODY
Concept and purpose of HRM to Netflix
Concept of HRM: Human resource management refers to the management of people at
work. It is a process which binds the employees with company and also helpful for both people
and organisation to attain suitable goals and objectives (Tang, and et. al., 2018). It include
various policies and practices which are designed to help both workers and company. It is the
sum of three factors as human depicts the skilled workforce, resources describe the inadequacy
of availability and management depicts the appropriate use of limited use of resources.
Purpose of HRM Performance Management: This function of HR manager is related with the managing
and evaluating the overall performance of employees. They are accountable for creating
the whole performance appraisal procedure (Vanhala and Ritala, 2016). It is related with
performance appraisal of employees as it is annually occurs in Netflix as its managers use
this tool to adjust the workflow and take decisions which are helpful in achieving the
objectives or company. In addition to this, their aim is to define the effective performance
and also develop the process of measuring the performance. Employee Relations: Within an organisation, employee relations plays an important role
for the improvement of performance and morale of subordinates. For performing this, the
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