Importance of HRM Practices in Enhancing Organizational Profit and Productivity

Human Resource
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1: Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation..........................................................................................................1
P2: Recruitment and selection approaches of The Coca-Cola Company. .................................3
TASK 2............................................................................................................................................4
P3: Explain the benefits of different HRM practices within an organisation for both the
employer and employee..............................................................................................................4
P4: Evaluate the effectiveness of different HRM practices in terms of raising organisational
profit and productivity.................................................................................................................5
TASK 3............................................................................................................................................6
P5: Analyse the importance of employee relations in respect to influencing HRM decision-
making.........................................................................................................................................6
P6: Identify the key elements of employment legislation and the impact it has upon HRM
decision-making..........................................................................................................................7
TASK 4............................................................................................................................................8
P7: Illustrate the application of HRM practices in a work-related context, using specific
examples......................................................................................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Human resource management is being considered as one of the crucial practice, which
helps a business organisation in recruiting number of highly talented, offering training to both
new and existing staff members and managing number of employees of a particular business
organisation. In present report, the organisation that has been taken into consideration i.e. The
Coca-Cola Company, which was found in the year of 1892. Basically, this organisation is
dealing within the beverage industry and also it is offering customers with high range of products
like The Coca-Cola Company Classic, Diet Coke, Fanta, Sprite, The Coca-Cola Company Zero
Sugar, Dr Pepper, Lilt, and so on. Apart from this, report is going to be enclosed with purpose
and the functions of HRM, recruitment and selection approaches of The Coca-Cola Company
and so on.
TASK 1
P1: Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation.
Human resource management deals with the function management, motivating or
maintaining, function of management persons in the organisation. They focus on the people in
the Coca Cola company. It applies in the establishment principles in secure, developing or
handling the people in the administration (Al Shobaki and et. al., 2018). The workforce planning
in the given administration is to analyse, forecasting, demand, assessing gap, determining target
talent management intercession to assure to the correct persons. Their quality approving to the
capableness in context of coca cola organisation to obtain their subjective. There are several
functional areas as follows:
Staffing: It obtaining person with proper abilities, skills, knowledge or experience to
filled up jobs in the companies. Disposition of the workers and job satisfaction enhance through
with the recruitment of the loyal people. This aid to guarantee better use of HR. It insure to the
growth as well as continuity of the administration, by improvement managers. The concept is the
selection, training, developing, compensation of personnel and recruitment. Components of
staffing for administration to get success, has to strategies their system on the other hand it
composed of three components selection, recruitment, employment (Archer-Brown and
Kietzmann, 2018).
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Purpose: It is the process to hiring elogible applicants in Coca Cola for any prticular
position.
HR Planning: This organisation assure that adequate number of qualifies candidates and
process for determination that are available at appropriate times, they perform jobs that would
meet needs of the company and gives contentment for conflict concerned.
Purpose: It insure the top-grade suited between soul or occupation while deflect
manpower shortfall or redundant.
Job analysis: The relating information of the collection and study to the responsibilities
and the operations for a particular job.
 Collection of facts, ideas, data which is related to different aspects of jobs considering
materials or men machine.
 To help in recognising the nature and level of HR and employee satisfaction and
preparation of job description.
 For overall operative function of HRM they provide guide, basis or plans for job.
Purpose: This procedure is to utilize particular message to develop a correct acceptable
between job and employer, to find out the execution of employee in peculiar task.
Recruitment: Stimulating all workers to apply job in given administration as well as
procedure of searching expected employees.
 Determination of active beginning of underdeveloped applier and workers.
 New sources of application is create.
 Challenging the nominees to apply for jobs (Bakker and Albrecht, 2018). Prominent a scale between intrinsic or extrinsic origin.
Purpose: The purpose, is to bring off the human resource necessity of Coco Cola and
supply top-quality worker for moving its transaction in an effectual mode.
Approaches of HRM
Basis Best Fit Approach Best Practice Approach
Meaning It fundamentally base underdeveloped
HRM pattern in conformity with the
concern scheme and its objects.
This is a worldwide conceptualization
which has package of HR activeness
that is relevant to all Coca Cola
irrespective of commercial enterprise
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