Examining the Role and Effectiveness of Human Resource Management and Talent Management Approaches

HRM REPORT

Table of Contents
.........................................................................................................................................................1
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Examining the role and the effectiveness of human resource management further, analysing
the approaches of talent management..........................................................................................3
Effectiveness of recruitment and selection strategies-.................................................................5
Approaches to used to manage the talent for the organizational performance along with good
practice models-...........................................................................................................................8
HR systems and procedures for achieving the business objectives-..........................................10
CONCLUSION..............................................................................................................................12
REFERENCES................................................................................................................................1

INTRODUCTION
The human resource management is the process and the practice of recruiting, selecting,
deploying and hiring employees to the organization. It is also related with the process of the
training and the development of employees in the organization. Human recourse also manages
the performance and the appraisal of the employee and provide them compensation and bonus
for the extra effort of employees (Wilton., 2016). Further, they try to maintain relations of
employees and the employer. Every organization needs a good human resource to achieve
organization objectives on time and managing them is known as human resource management.
Management of human resource is important for functioning of every organization. The Barker
and Stonehouse running from1946, provides high quality furniture and the accessories to its
consumer become successful in the market because of its human resource management. It has
eleven branches running in different parts of UK with 411 employees. Human resource
management department is managed by human resource manager. In this human resource
management report we are going to examine the role of human resource management, the
effectiveness of the recruitment and selection strategies. Further, in this report we will analyse
the approaches of talent management using best model, and will assess HR systems in
management of organizational performance and its objectives.
MAIN BODY
Examining the role and the effectiveness of human resource management further, analysing the
approaches of talent management.
Human resource management help companies like Barker and Stonehouse to retain employees
for longer time at the same it helps organization in enhancing employer and employee relation to
maintain a healthy work culture and environment (Marchington. and et.al., 2016).
The role of human resource management in the organization:
The role of human resource management in any organization are as follows-
Recruitment;
Recruitment is defined as the process of finding employees for the organization. It involves
finding, screening and hiring the best qualified candidates (Gill., 2021). Recruitment is important
role of human resource management that is supported by hiring people in the organization.
Hiring the right candidate for the right job according to employees skill is a difficult task for the
organization but if done carefully it saves cost of organization in training and developing them.

Today, in the competitive market it has become important to retain employees for longer time
and this is done by human resource management by ensuring that all the right people are being
hired on their right jobs according to the individual skills. Recruitment process includes
announcing job on different media platforms, reviewing all the applications, screening right
candidates, interviewing them and at last the final selection. This whole process is conducted by
the human resource management team step by step for selecting perfect individual for the job.
The Barker and Stonehouse follows same steps in recruiting employees for its stores and back
office operations.
Development of the work place-
Every organization needs a good policies and programmes for ensuring fairness and the
continuity in the organization (Obedgiu., 2017). The human resource management tries to
develop sound policies for its surrounding environment and for the employees working in the
organization. The organization policies involves the code of conduct, ethics policy, dress code
policy, mobile phone policy or some others. These policies are made by the human resource
management keeping in mind employees needs and the time to achieve organization goals. These
policies help employer in increasing the efficiency of employees and achieve organization goals
in time. The good sound policies always help organization in retaining employees for longer
period. The Barker and Stonehouse company provides sound environment work policies, good
salaries and a great work life balance with job security.
Compensation and benefits-
Human resource management ensures that the compensation paid by the organization is fair, that
meet industrial standards and is enough for the people working in the organization. This is done
by human resource management keeping in mind that compensation paid by them is enough in
comparison to what other employees while doing the same job (Stone. Cox. and Gavin., 2020).
Compensation includes everything that is payable to the employees for the work he has done in
the organization. Human resource management set up a system that decides that the
compensation is fair according to the number of years employee has worked, year of experience
the employee has, the employee education, and such other similar aspects. Compensation
includes the following things like the basic pay, health benefits, bonuses, sick leaves, casual
leaves etc.
Training and development-