Human Resource Management : Essay
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Added on 2020-07-22
Human Resource Management : Essay
Added on 2020-07-22
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Human ResourceManagement
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Main purpose and functions of HRM...............................................................................1P2. Weaknesses and strengths of different approaches of recruitment and selection............2TASK 2............................................................................................................................................4P3. Benefits to employers and employees from the practices of HRM..................................4P4. Effectiveness of HRM practices in raising profits and productivity of organisation.......5TASK 3............................................................................................................................................6P5. Importance of employee relations to influence HRM decision making...........................6P6. Key legislation of employment and its impact on HRM decision making......................7TASK 4............................................................................................................................................8P7. Work related practices of HRM in organisation..............................................................8CONCLUSION ...............................................................................................................................9REFERENCES .............................................................................................................................10.......................................................................................................................................................11.......................................................................................................................................................11
INTRODUCTIONHuman resource management is a process designed to manage the workers and theiractivities at workplace. Managers of human resource department are responsible for variousfunctions including recruitment, selection, performance appraisal as well as training anddevelopment of employees (Armstrong and Taylor, 2014). This function mainly focuses onpolicies and systems of organisation for managing people. Main purpose of HRM is to maximisethe productivity of workers and enhance overall performance of business. Aldi is one of theleading retail companies having more than 10000 stores in more than 18 countries that is selectedin the present report. Company generates large amount of profit every year. Present report isbased on management of workers in the firm. Main purpose of HRM is to guide employees in adirection so that their performance can be maximised. Various functions of human resourcemanagement are mentioned under this report. Different approaches of recruitment and selectionare also given in this essay. Along with this, employment legislations which affect the decisionsof enterprises are also described. TASK 1P1. Main purpose and functions of HRMHuman resource management is one of the main and important functions of enterprise. Ithelps in maximising the performance of employees. To enhance workers’ productivity, managersof Aldi can use this approach (Bloom and Van Reenen, 2011). This will help them in using allresources at an optimum level and cost of doing operations will decrease automatically. One ofthe main purposes of HRM is to hire right quality people for right job so that enterprise canachieve its set goals and objectives. It helps the human resource manager in evaluating skills ofcandidates and hiring right and capable people for the particular vacant job. Manager of Aldi canbe benefited from various advantages by applying this at their workplace.Functions of HRM:Recruitment: It is the main function of HRM to fill vacancies by advertising about jobs,collecting applicants and conducting interview to select the capable candidate. Concept ofhuman resource management helps managers to recruit the right candidate by wastingminimum time and resources (Functions of HRM, 2017). It helps managers by describing1
the roles and responsibilities related with each job which helps manager in evaluatingskills of candidates on that basis. Employee relations: In today's competitive work environment, it is an important functionof every employer to maintain healthy relations with workers. Practices of HRM help inthis by evaluating job satisfaction, employee’s involvement and conflict resolvingpolicies of enterprise (Boxall and Purcell, 2011). Human resource management helps inconducting union campaigns, negotiation and doing bargaining and interpretations. Compensation and benefits: Making and managing the compensation packages ofworkers is another important function of HRM. It helps in making positive workenvironment by paying for the performance to workers. Human resource practicesencourage ethical work related practices and eliminate favouritism from the workplace.Compensation is one of the main issues which affect performance of employees. So,managers of Aldi should try to make and encourage a transparent pay system so thatemployee’s satisfaction can be achieved.Training and development: Identifying training and development need of subordinatesand providing them same is one of the main functions of HRM. It helps in evaluating theperformance of workers and providing training so that their skills can be enhanced.Withthe help of training and development managers of ALDI can increase the skills ofemployees and can get number of advantages.Compliance: Taking decisions and providing compensation to workers according to thelegislation is called compliance. In absence of this, complaints of employees arise andworkplace environment becomes negative. HRM practices help in taking decisions withset rules and legislations. Managers of ALDI can increase the productivity of employeeswith the help of this.All these are the main functions of HRM in any enterprise. Managers of Aldi need to giveproper consideration on these so that employee's satisfaction can be achieved and objectives canbe achieved on time.P2. Weaknesses and strengths of different approaches of recruitment and selectionRecruitment is a process of attracting large number of applicants and then selecting thebest one for filling vacancy in enterprise (CHUANG and Liao, 2010). For hiring candidates,managers of Aldi can use any of the two approaches of recruitment which are stated as below:2
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