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Functions and Purpose of HRM in Workforce Resourcing and Planning

Assignment brief for Unit 3 Human Resource Management in the Pearson BTEC HND in Business (RQF) course at ICON COLLEGE OF TECHNOLOGY AND MANAGEMENT.

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Added on  2023-01-10

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This document discusses the functions and purpose of HRM in workforce resourcing and planning in an organization. It explores the strengths and weaknesses of various approaches to selection and recruitment. It also highlights the benefits of HRM practices for both employees and employers, and the importance of subordinate's relations in HRM decision making.

Functions and Purpose of HRM in Workforce Resourcing and Planning

Assignment brief for Unit 3 Human Resource Management in the Pearson BTEC HND in Business (RQF) course at ICON COLLEGE OF TECHNOLOGY AND MANAGEMENT.

   Added on 2023-01-10

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HUMAN RESOURCE
MANAGEMENT
Functions and Purpose of HRM in Workforce Resourcing and Planning_1
Table of Contents
INTRODUCTION......................................................................................................................................3
LO1.............................................................................................................................................................3
Functions and Purpose of HRM that is applicable to workforce resourcing and planning in the
organization...........................................................................................................................................3
Weakness and Strengths of various approaches to selection and recruitment............................5
LO2.............................................................................................................................................................7
Benefits of various HRM practices for both employee and employer............................................7
Effectiveness of various practices of HRM for raising the productivity and profits.......................8
LO3.............................................................................................................................................................9
Importance of subordinate's relations in respect of HRM decision making..................................9
Subordinates legislation and its impact on HRM decision making...............................................10
LO4...........................................................................................................................................................11
Application of HRM practices in work related context....................................................................11
CONCLUSION........................................................................................................................................14
REFERENCES........................................................................................................................................15
Functions and Purpose of HRM in Workforce Resourcing and Planning_2
INTRODUCTION
Human resource management is process of management of employees and
workers of the company. It includes hiring, training, motivating and firing the employees.
Work of HRM is to manage the workforce in the firm. The study is based on Asda
Stores Ltd. The study will define the purpose and functions in regards to HRM which is
applicable to workforce resource and planning in the company. It will determine the
strengths and weaknesses of various approaches of selection and recruitment process.
Furthermore, it will evaluate the benefits of HRM practices in the company. It will
showcase effectiveness of various HJRM practices as it helps to raise the
organizational profitability and productivity. Moreover, it will define the significance of
employees’ relations in regards to HRM decision making. Key elements of employment
legislation will be identified and then explain their influence on HRM decisions. Lastly,
application of HRM practices will be illustrated in work related context through using
various examples.
LO1
Functions and Purpose of HRM that is applicable to workforce resourcing and planning
in the organization
Overview of Asda Stores Ltd
Asda Stores Ltd is a British retailer and has huge supermarket chain. The firm is
founded on 19 February in 1946. The company’s founders are Sir Noel Stockdale and
Peter & Fred Asquith. The headquarters of firm are situated in Leeds in West Yorkshire
of England. The firm deals in grocery, financial services and general merchandise. It
also provides services such as Asda mobile, money, living and George. The parent
company of Asda is Walmart. The company is traded on London Stock Exchange.
Purpose and functions of HRM
Functions and Purpose of HRM in Workforce Resourcing and Planning_3
Human resource management refer as strategic approach that develop, manage,
acquire, gain and monitor the commitment of a company's key resource and the people
who work in that organization. Human resource management functions are divided into
two namely, managerial and operative.
Managerial functions of HRM
Planning - It is helps to identify the current and future needs of Asda Stores Ltd.
In this the type and number of employees that is needed for an organization for
accomplishing the objectives of organization are determined. Overall workforce
plan is made under this function.
Organizing - The tasks and work is delegated and distributed among the
employees and workers of Asda Stores Ltd by HRM so that employees are able
to work tactfully to achieve the organizational goals. The work is distributed
among all as per their specialization and capabilities.
Directing - HRM of Asda Stores Ltd give directs to the workforce and employees
of the organization to do their tasks efficiently in firm so that Company can
increase its productivity (Human Resource Management & Its Core Functions,
2016). They also provide a sense of awareness so that workers get well versed
with their job roles.
Controlling - HRM of company controls the work of the employees. They assess
the work of employees and their performance level on individual basis so that
further improvements can be done. By evaluating each employee’s performance
their drawbacks can be analyzed.
Operative functions of HRM
Recruitment - It is a basic function of HRM. Appropriate applicants and
candidates for the vacant job is get hired by HRM of Asda. For this they
organized interview and competitive tests in the organization, to select the right
candidate from the pool of applicants it is essential.
Job Design - HRM work is to describe the job qualification, work experience and
skill that is required to for a specific job role in the company (Amarakoon,
Functions and Purpose of HRM in Workforce Resourcing and Planning_4

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