HRM Program for Tesco: Important Functions of Human Resource Management

An HRM Program for an existing
business organization covering the
important functions of human
resource management
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Table of Contents
Introduction.....................................................................................................................................3
Main body .......................................................................................................................................3
Company profile.........................................................................................................................3
Statement of HR policy...............................................................................................................3
HRM functions............................................................................................................................4
Conclusion.......................................................................................................................................6
References.......................................................................................................................................7
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Introduction
Human resource management is a crucial aspect of every organisation which ensures the
availability of required personnel and is responsible for retention of talent and competence in a
company or corporation. The purpose of this report is to develop broad understanding on the
functions of human resource management and its importance as well as significance. The chosen
organisation for this report is Tesco, which is a leading supermarket brand headquartered in
Welwyn Garden City, United Kingdom. The purpose of this report is to conduct a HRM program
focusing upon all relevant information on functions of HRM.
Main body
Company profile
Tesco is a British-based multinational retailer brand dealing in supermarket products and
services as well as home appliances. The organisation was established in 1919 by Jack Cohen
and is currently the third largest retailer in the world in terms of revenues. Tesco has been
sustaining in the market for more than 100 years making it a market leader in UK. The
organisation holds strong brand image and owns a huge base of loyal customers implying its
significant market presence.
Statement of HR policy
Tesco considers their employees and workers as the most valuable and important assets
of the organisation as they are constantly contributing in achievements of the company and have
been integrating their efforts in taking organisation on the pinnacle of success. Tesco aims to
achieve maximum employee satisfaction and retention through bringing improvement in its
human resource capabilities in order to provide them with efficient guidance and assistance that
they deserve (Bailey & et.al., (2018)).
Principles of HRM
The major principles guiding human resource policies in Tesco for betterment of
employees are:
 Equality
 Quality of working life
 Promising working environment
 Collaboration and integration in work culture
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