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Human Resource Management Assignment - Pepsico Company

   

Added on  2021-01-02

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Professional DevelopmentData Science and Big DataStatistics and Probability
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Human ResourceManagementTable of Contents
Human Resource Management Assignment - Pepsico Company_1

INTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Purpose of HR Function and Roles and Responsibilities of HR Function in AcquiringTalent to meet Organisational Objectives..............................................................................31.2 Assessment of Various Approaches.................................................................................41.3 Case Study Examples to Examine Different Methods of HR Practices...........................71.4 Approaches and Effectiveness of Employee Relation and Engagement .........................71.5 Key Aspects of Employment Legislation.........................................................................91.6 Role of Employee Relations and Employment Legislations in Decision Making andAchieving and Meeting Organisational Objectives................................................................9TASK2...........................................................................................................................................101.7 Applications of HR practices in a work related context.................................................101.8 Use of various sources for improving recruitment and selection process......................13CONCLUSION .............................................................................................................................13REFERNCES.................................................................................................................................15
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INTRODUCTIONHuman Resource is used to describe both the people who work for an organisation andthe department which is responsible for managing resources related to employees. Likewise,Human Resource Management can be defined as the management and development ofemployees in an organisation (Armstrong and Taylor, 2014). The following report is based uponPepsico Company and will provide an understanding about the various HR Functions within thecompany which are carried over in order to increase the profitability level and efficiency of thecompany in productivity areas. Pepsico is an American MNC dealing mainly in food beverages,which is headquartered in Harrison, New York. The report will provide what actions will betaken by Pepsico to make this improvement. It is also focus upon applying different HR Practisesin the successful working of an organisation. TASK 11.1 Purpose of HR Function and Roles and Responsibilities of HR Function in Acquiring Talentto meet Organisational ObjectivesHRM: It is known as a specific term that can be used to describe formal system whichwould devised for overall management of employees within PepsiCo. The overall roles andresponsibilities of a HR manager to select appropriate candidates for the right jobs roles.HR Functions can be defined as the necessary activities which the HR Manager ofPepsico has to do such as hiring and training, record keeping, payroll, compensation, labour lawcompliance, etc. The purpose of HR Functions is discussed as under:Recruitment and Training:It is an important function of HR Manager to recruit and train the employees of Pepsico.It involves advertising of vacant positions, hiring, interviewing, and setting the hours of theirtraining. The purpose of this HR Function is to obtain efficient and the best employees so thattheir work can help Pepsico in meeting their organisational objectives.Employee Performance Improvement Plans:The HR is also responsible for making a timely evaluation of the performance of theiremployees. It is done by preparing many PIP Plans (Bratton, and Gold, 2017). The purpose ofthis HR Function is to increase and enhance the performance level of the employees of Pepsicoand this will contribute towards increasing the productivity and profitability of the company.
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Ensuring Compliance with Labour Laws:This function makes sure to the HR Manager that Pepsico is working in accordance withthe compliance of labour laws. It includes issues such as time of breaks provided, number ofworking hours, etc. The purpose of this HR Function is keep employees happy and motivatedand other purpose is to avoid intervention of government in case the company is not followingthe rules and regulations of labour laws which will also affect the working, productivity andprofitability of Pepsico.Roles and Responsibilities of HR Function:To make the best decisions in recruiting employees for vacant posts in Pepsico.Providing them training so that they may efficiently and effectively complete the taskthey are provided with.Making proper assessment of every employee's performance.Creating plans and doing the needful in order to improve their performance level.Conducting proper and scheduled HR Compliance audits.Staying updated with any change made in the labour laws and their best application inPepsico.Significance of HR Manager in Acquiring Talent to meet Pepsico's Objectives:The objective of the business is to provide the customers improved quality of goodswhich are not only good in taste but also considers about the health of customers and meet theirneeds. Another objective of the business is to expand the business HR Manager is very importantin acquiring talent for the business because HR is the only person who is personally engagedwith both the requirement and the talent. Requirement here refers to skills, knowledge andqualities which are required in a person to suit the post vacant in the organisation (Bailey and et.al., 2018). Likewise, Talent refers to pool of choices which the HR has and to select the bestcandidate. Both the proper knowledge of company's requirements and the capability of acandidate is in the knowledge of HR and he is the only person to provide the best skills toPepsico. This is why HR is important in acquiring talent to meet the business objectives.Managerial and operative functions: The HR manager is crucial part of PepsiCo overallmanagement. Thus he must be able to perform all managerial functions such as planning,organising and directing in relation to their concern department. It would be effectively helpfulfor attaining overall profitability of an organisation during period of time. Whereas, there are
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