Human Resource Management Study Guide
Added on 2020-07-22
17 Pages5031 Words42 Views
|
|
|
Human ResourceManagement
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Purpose and functions of HRM.............................................................................................1P2. Strengths and weaknesses of different sources of recruitment and selection.......................3TASK 2............................................................................................................................................5P3 Benefits of HRM to employer and employee........................................................................5P4 Effectiveness of various HRM practices................................................................................6TASK 3............................................................................................................................................7P5 Importance of employee relations in decision-making..........................................................7P6 Impact of employment legislation on decision-making.........................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONHuman resource management is one of the most important functions in an organisation.This function is responsible for effective management of people in large organisation. However,in small organisations, this function is played by the leader or entrepreneur himself. Thisfunction encompasses the activities related to recruitment, training, development, appraisal andlastly, compensation of employees (Barney, Ketchen and Wright, 2011). The emphasis is onideal utilisation of employees to achieve the objectives of organisation. Aldi is Britain's leadingsupermarkets chain. This retailer was formed in the year 1913 by Karl and Theo Albrecht. Thisassignment will take into consideration the practices of human resource management of thisorganisation. The scope and purpose of HRM will be discussed. Also, various factors of externaland internal environment will be analysed and their impact on decision making will beunderstood. Lastly, human resource management practices will be applied in organisationalcontext. TASK 1P1. Purpose and functions of HRMALDI have realised the workforce in respect of a company. therefore have constructed aseptate department which looks after the needs and management of people. The purpose ofcreating human resource management is to make sure that human capital of an organisation islooked after and their activities and behaviour effectually contribute in goal attainment. Itensures that there is an effective coordination in between various human resources ofestablishment. The leading functions of HRM are:The purpose of formulating a separate department for human resources is their effectivemanagement. It is the main reason to create a human resource department to look aftertheir needs and expectations to that they would remain loyal towards the organisation(Batt and Colvin, 2011). Another purpose of formulating human resource management is to see that employee’sefforts and activities are contributing to the organisation goal.Human capital of an arrangement is treated as the most important component. Therefore,it is essential to effectively manage the same as they contribute significant amount to theorganisational objectives. 1
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents