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Human Resource Management: Purpose, Functions, and Practices

   

Added on  2023-01-13

14 Pages4001 Words99 Views
HUMAN RESOURCE
MANAGEMENT

Table of Contents
INTRODUCTION.......................................................................................................................4
LO 1 ...................................................................................................................................4
P 1 Purpose and functions of HRM....................................................................................4
P 2 Strength and Weaknesses of different approaches to recruitment and selection........5
LO 2 ............................................................................................................................................6
P 3 Benefits of different HRM practices............................................................................6
P 4 Effectiveness of different HRM practices in terms of raising organizational profit...7
LO 3.............................................................................................................................................8
P 5 Importance of employee relations in respect to influencing HRM decision making. .8
P 6. Impact of employment legislation in HRM decision-making.....................................9
LO 4...........................................................................................................................................10
P 7 Application of HRM practices...................................................................................10
CONCLUSION..........................................................................................................................13
REFERENCES..........................................................................................................................14

INTRODUCTION
Human Resource Management is the process of recruiting, selecting, inducting employees,
providing orientation, imparting training and development, appraising the performance of
employees, deciding compensation and providing benefits, motivating employees, maintaining
proper relations with employees. Tesco, is a British multinational groceries and general
merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England,
United Kingdom. It is the third-largest retailer in the world measured by gross revenues and
the ninth-largest retailer in the world measured by revenues. This report covers aspects such as
purpose and functions of HRM, strength and weaknesses of different approaches to
recruitment and selection, benefits of different HRM practices, effectiveness of different
HRM practices in terms of raising organizational profit, importance of employee relations,
key elements of employment legislation, application of HRM practices.
LO 1
P 1 Purpose and functions of HRM
Recruitment and Selection-
The process of recruitment involves screening, captivating the potential in the
candidates so that company can assess if or not they have the skills and abilities which can
help Tesco to achieve their goals and objectives. HR department of the company is concerned
with attracting those candidates who are eligible and take out those people who are not
qualified for the goals of the company. In order to make the action of recruitment successful
Tesco plans the process of staffing so that they can take proper and right measures in the
process of it. Tesco predicts before that how many employees will be needed and how many
of them they can accommodate according to their budget. The process of recruitment helps the
company in many ways such as it saves their time and efforts. For instance they won't have to
fire those candidates who are not qualified for the job and avoid looking for the process of
hiring which saves a lot of money of company (Jabbour and de Sousa Jabbour, 2016). This
aspect of HRM is included in the management function.
Orientation-
Tesco feels that it is necessary to provide their employees with orientation so that they
can have an idea about the working patterns, rules and regulations and other necessary details.

HR department of the company makes it sure that the program of orientation highlights the
goals and objectives of the company. This will give the employees clarity and prepare them to
perform according to the expectations of the company. Employees of the company will be
provided about the description of the job, role of the job and their position in the company so
that they do not have any confusion in mind (Bondarouk, Harms and Lepak, 2017). The
operative functions are tasks and duties which helps the department of HR to entrust the
department of personnel and this aspect is included in that.
Manage the condition of working-
It is one of the primary role of HR of the company to maintain the environment of the
company so that employees can feel convenient and work hassle free. HR department of the
company is concerned with motivating the employees because if they don't then they won't put
all of their efforts and skills in work. This is the reason why HR department of Tesco has
come up with a system to offer employees with financial as well as non financial benefits
according to their preference and suitability.
P 2 Strength and Weaknesses of different approaches to recruitment and selection
There are two methods of recruitment and selection
Internal Recruitment-
This process is done with the help of transfers and promotions. This method is
comparatively cheaper and helps in boosting the morale of the employees. This method is an
effective method which helps Tesco to retain their employees for a long period of time and
reduce the factor of turnover of employees (Analoui, 2017).
Strength
It helps to increase the level of retention and boost the morale of employees. The
employees of the company will be appreciated if they achieve the goals and objectives.
This process requires less amount of paperwork which helps in saving time as
employees are selected from internal sources of the company.
This process will maintain the level of motivation in the company which will help
them to contribute more of their skills and ideas for the progress of the company
(Huemann, Keegan and Turner, 2018).
Weakness-
Tesco will loose the scope for hiring a fresh and new talent if they opt this method.

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