HRM Practices for Organizational Profit

HUMAN RESOURCE
MANAGEMENT

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................1
ACTIVITY 1....................................................................................................................................1
Purpose and function of HRM applicable to workforce planning and resourcing......................1
ACTIVITY 2....................................................................................................................................2
Recruitment And Selection Approaches..........................................................................................2
Recruitment approaches...............................................................................................................2
Selection approaches....................................................................................................................3
ACTIVITY 3....................................................................................................................................4
HRM practices and their effectiveness for raising organizational profit ....................................4
Effectiveness of different HRM practices....................................................................................4
ACTIVITY 4....................................................................................................................................5
Different Methods Used in HRM Practices.................................................................................5
ACTIVITY 5....................................................................................................................................6
Evaluation and Rationale of Recruitment Process Related HR Practices....................................6
ACTIVITY 6....................................................................................................................................7
Importance of Employee Relation in HRM Decision-Making....................................................7
ACTIVITY 7....................................................................................................................................8
Impact of Key Elements of Employment Legislation on HRM Decision-Making.....................8
ACTIVITY 8....................................................................................................................................9
Employee Relations and Applications of HRM Practices at MRC.............................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12

INTRODUCTION
Human resource management can be understood as strategic approach of effective
management of people in a company or organization for gaining business competitive advantage.
Its aim is to maximize employee performance in service to the company's strategic objectives. In
this report the purpose and functions of Human resource applicable to workforce planning and
resourcing in context to Mont Rose college is explained. The benefits to different HR practises
for hiring skilled employees in college. This report explains the various recruitment and selection
approaches for college HR managers, along with their strengths and weaknesses. It also analyses
the effectiveness for different HRM practises for employers and employees for raising
organizational profits and effective production (Armstrong and Taylor,2020).This report also
explains rational for conducting specific HRM practises for college authorities, importance of
employee legislation for decision-making in context to flexible working practises by their college
authorities. It also evaluates the key elements of employee legislation and its impact on HRM
decisions, importance of employee relations and how it affects the overall efficiency of working
in college.
ACTIVITY 1
Purpose and function of HRM applicable to workforce planning and resourcing
Purpose of human resource management is to maximize the functioning efficiency by
investing in right people which have the appropriate skills, knowledge and capabilities to
enhance the productivity. Employing top talent and motivating employees to succeed in their
roles and ensure proper working conditions to them. The functions of HRM applicable to
workforce planning and resourcing can be understood as
PURPOSE OF HRM AT Mont Rose College: The HRM department has the function to gain
insights on all employees’ functional ability, recruit and train them with innovative services and
keep them empowered with motivation for high retention percentage.
FUNCTIONS OF HRM: Functions of HR department is to manage and supervise all activities
of employees, leverage strong performance standards, motivate them with training and
development along with extrinsic motivation patterns.
WORKFORCE PLANING: The college HR department recruits strong efficient employees
with advanced skills, potential energy and skills to bring high targets and goodwill of college
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