HRM Report: HRM Practices, Employee Relations, and Profitability
VerifiedAdded on 2023/03/24
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Report
AI Summary
This report examines the human resource management (HRM) practices of Kingfisher PLC, focusing on how these practices impact employee relations, organizational productivity, and overall profitability. The report begins with an introduction to HRM, its advantages for both employees and employers, and then delves into specific HRM practices such as development and training, reward management, and job design. It highlights how HRM activities, including conflict resolution and employee development, contribute to a positive work environment and a flexible workforce. The report also discusses the importance of training and grooming, and managing employee relations effectively. The conclusion emphasizes the critical role of HRM in fostering a productive and profitable enterprise, summarizing the key functions of planning, rewarding, and hiring, and highlights the importance of HRM in creating a successful and sustainable business environment. The report provides references to support its findings.
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