Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1 Purpose and functions of HRM, applicable to workforce planning..................................1 P2 The Strengths and weaknesses of various approaches to recruitment and selections.......3 TASK 2............................................................................................................................................5 P3 Benefits of HRM practices for both the employer and employees...................................5 P4EvaluationofeffectivenessofHRMpracticesfororganisationalprofitabilityand productivity.............................................................................................................................6 TASK 3............................................................................................................................................7 P5 Importance of employee relations that influence HRM decision-making........................7 P6 Key element of employee's legislation and its impact on decision making process of HRM ................................................................................................................................................8 TASK 4............................................................................................................................................9 P7 Illustrate the application of HRM practices in the organisation with examples...............9 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................12
INTRODUCTION Human resource management is an important part of an organisation, in which managers play an important role in managing the entire workforce. They formulate various plans and policies in order to handle work of employees. They perform various task like recruiting candidates within enterprise, provide essential training to them and update their skills and abilities on regular basis(Schuler, Jackson and Tarique, 2011). These processes help in gaining high retention of staff members and increase profitability of a firm. In this context, a report has been made which shows importance of HRM in an enterprise. Thomas cook has chosen in this assignment which is a British multinational travel company of UK. It operates business in tourism sector with main aim is to provide better services to travellers and make their journey memorable. This report has described various approaches of recruitment and selection along with effectiveness of HR practices in a company. TASK 1 P1 Purpose and functions of HRM, applicable to workforce planning Workforce planning refers to a procedure in which HR managers of a company used to make continuous improvement and design in perfect way. In this process, they used to align working organisation with priorities and requirement of business. It includes legislations, regularities and production requirements along with hiring desired employees in firm. In addition to this, workforce planning includes various strategies which is based on determining workers' implications, goals and objectives of a business in context with future and current needs (Functions of HRM. 2017). Thus,HR managers of a company perform various functions in order to design workforce which aid enterprise in enhancing profitability and productivity of business in a higher manner. In context with Thomas Cook, which is a travel company of UK. Currently, near about 22,000 number of workers are working in this tourism industry. Purpose of human resource management-The main purpose of human resource management in a firm is to boost productivity of workers. They generally concern with making improvisation in an association as well as on adopting various approaches and policies.Some main purposes of HR managers in Thomas Cook are:- Create better organisational culture:It is the main purpose of human resource management of a company in which managers used to form effective working culture. 1
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In travel and tourism industry, managers are mainly concern with introducing diverge culture in workplace. It will help in getting highly qualified workers who have gained knowledge of various languages. Therefore, creating proper organisational culture aid firm in managing entire functions of business in a systematic manner. Law:In UK, Government has established various rules and legislation which helps in running business organisation in a legal manner. These laws are amendable for all companies including tourism sector also (Shuck and Wollard, 2010). It includes employment legislation, union and negotiation etc. These are generally influence decision-making process of HR in a company which are based on recruitment and selection, hiring as well as terminating employees and more. Managing employees:In an enterprise, themost valuable assetisitsworkers, therefore, it is main responsibility of HR to manage their work and provide healthy working environment to them. In order to this, they should give them proper training, compensation, reward and more. It would help in increasing productivity of employees so that profitability of business can be enhanced (Teece, 2012). Since business of Thomas Cook is increasing at rapid rate, therefore, it necessary for managers to manage workplace in an effective manner and use various approaches for utilising manpower. The main functions of human resource management in Thomas Cook- Recruitment and selection– Business of tour and travel industry is enhancing at rapid rate, therefore, it needs to hire best employees in organisation. For this process, HR managers used various approaches to attract large number of job seekers who have possessed high skills in giving effective services to travellers. By getting a list of applicants, they can choose the best among them through various method of recruitment and selection procedure. Training and development-This is the major responsibility of HR managers of an association in which they provide essential training to new and existing employees to increase their skills, abilities and knowledge in a particular people. In Thomas Cook travel company, managers provide learning programs to employees which gave them opportunity to gain theoretical, behaviour and functional knowledge. All these skills help in giving high customer services and retain them with longer period. 2
Payroll management-It is also major responsibility of a firm to introducepayroll management in enterprise. In this process, managers are needed to review performance of each employee and give appraisals accordingly. P2 The Strengths and weaknesses of various approaches to recruitment and selections Every business organisation need to get best candidates in their workplace who help in running business activities in a proper manner. For this process, HR managers perform various activities in order to introduce high skilled workers. But it is not an easy task for them to recruit and select the best, as this process includes lot of procedures. Along with this, they have to analyse effectiveness of all sources of recruitment and selection method so that entire activities can be done in proper manner (Tarique and Schuler, 2010). External Recruitment:It is the method under which list of candidates are obtained from external sources such as placement agencies, job portal, media advertisements, employment exchange and more. Therefore, it helps in bringing high eligible candidates at workplace. StrengthsWeaknesses External recruitment helps in bringing fresh candidates at workplace who are capable to deliver new ideas and inputs for success and growth of business. Whenafirmhirecandidatesfrom outside of company then it may give moreopportunityinfacingbetter competition at marketplace. Among various advantages, the most weak point of external recruitment is that it consumes much time as well as expensivetoo.Therefore,forsmall companies,thisprocessmayaffect their budget. This method also damages morale of existingemployeeswhoaremore capable for a desired position which may bring heavy labour turnover too in business. In Thomas Cook Travel Company, its HR managers use both internal and external sources of recruitment as per requirement of job. In internal method, they used to move employees from one position to another by giving either promotion or transfer. While in external 3
procedures, they hire candidates by online method of recruitment. For hiring people from external sources, they use following approaches:-Job analysis:It is an initial phase of hiring employees in staff. In this process, managers are used to identify needs of people in various department of company and gather information accordingly. After collection of data, they used to plan whole procedure for fulfilment of the same.Job Description:It is a part of advertisement in which HR managers are used to promote their job information in front of various candidates through which they can easily understood roles and responsibilities of them towards job vacancy within the company.Person specifications:This document has given by companies who are going to recruit candidates for fulfilment of vacant position in their workplace (Zheng, Yang and McLean, 2010). It includesimportant criteria of a person as qualities, qualifications, skills, abilities and more. It helps job seekers to match their profile with requirement of job and apply for the same.Job posting strategies:It is major responsibility of HR in recruitment and selection procedure to formulate appropriate strategies in order to see in what manner they will conduct activities for hiring employees in firm. Multi phase recruitment:This is the best systematic technique which aid managers in hiring an eligible and high skilled candidates in organisation. This procedure includes various procedure of selection i.e. taking interview either by face to face or through video conferencing by using Skype, WhatsApp and more application of internet(Teece, 2012). Strengths of recruitment and selections Internal method consumes less time in giving a position to an employee who is already familiar with working organisation (Wilson and et. al., 2012).Tarique and Schuler, 2010). This method also brings up motivational level of workers when they got opportunity to work on new and better position. External recruitment is the best method of recruitment as through this source, an enterprise can gain desired employees who have possessed all eligibilities and skills as required for a particular position. 4
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Introducing new person in workplace helps in increasing productivity and profitability of a company. Weaknesses of recruitment and selections Internal method fails in providing fresh face in workplace (Teece, 2012). So, it is ineffective when an organisation needs to produce innovative products at marketplace. This method also rise various issues like conflicts, feeling of competition, jealousy and more among workers. External recruitment procedure is costly as well as expensive too as HR managers are required lot of capital for giving advertisements in newspapers, on social sites and for further process of selection. External method is generally consumes much time and requires a lot of verification for recruiting a candidate in enterprise. TASK 2 P3 Benefits of HRM practices for both the employer and employees Human resources management is play vital role with in an organisation that effect their performance as well as productivity at market place. With in a firm there are two main body are work employers as well as employees both are interdependent on each others. Thomas cook is a tour & travel enterprise and their employees has continuously improve clients satisfaction resulted achieve goals and objectives in limited period of time(Tarique and Schuler, 2010). There are explain some benefits of HRM for workers and employers as follows: Employer's benefits Focus on tasks or assignment:By hiring human resources manager firm are able to divided all task as well as activities into manageable action and provide them to employees according to their skills and capabilities. In this, they are also trying to find out best suitable ways to competing work in an effective manner. Using work time:By implementing all HR policies at work place, all staff members are appropriately utilise given time in order to competing their task. Thomas cook has executed all HRM practices in order to achieve goals and aim in given time frame. 5
Reduceabsenteeism:Humanresourcesmanagementareincreaseemployees engagement with their work resulted absenteeism should be reduce as compare to before. It is very beneficial for Thomas cook in increase their market position, productivity and growth rate. Benefits for employees Experiences in new areas:HRM practices has also help full for staff members. Through this, they are experiences new things and get equal opportunities thus help to enhance skills as well as knowledge related to new area to learning (Schuler, Jackson and Tarique, 2011). Thomas cook has gain higher profitability and productivity in employees work resulted get customer satisfaction in long period of time. Opportunities of training and development:HR manager of Thomas cook conducting training program in order to enhance employees skills and knowledges. Before this, they identify individual learning style, needs and capabilities accordingly select method of training events. Most of time, the company may used on the job training method thus help to achieve mission in an effective ways. Personal satisfaction and cultural interest:HRM practices may develop strategies as well as plan in order to increase individual satisfaction toward their job role and make healthy working environment resulted reduce conflict among staff members in long run. P4 Evaluation of effectiveness of HRM practices for organisational profitability and productivity Effectiveness of HRM practices in a company can be observed when it helps in hitting setting goals in a short period of interval. In this process, managers look out on various aspects of business rules and regulations, strategies and policies, etc. These things are help in managing workforce and entire operational activities in a systematic manner. In context with tourism industry like Thomas Cook, it is necessary for managers to adopt various HR practices which aid in keeping retention of employees for longer period of time (Human resource management. 2018). It would help in increasing productivity and profitability of business in a proper way. Effectiveness of practices of HR can be seen as:- Setting of directions and implementation:HR managers are needed to provide complete information about roles and responsibilities to each employee. Along with this, superiors should giveproper direction and guidelines to workers so that they can contribute their efforts in achieving the success of goals and objectivities in an efficient manner. Therefore, managers and 6
leaders of Thomas Cook, take responsibilities to set achievable goals, mission, strategies and more. Excellent performer and innovative staff:In order to compete with other companies who are dealing in same business, it is necessary for Thomas Cook to make modifications in organisational system on regular basis (Salvendy, 2012). It includes properstaff at workplace who have innovative ideas and skills. This would help in making creativity in services, through which travellers can enjoy their journey in an amazing way. It would lead them to stay long with services of company. Individual and team goals by effective communication:HRM practices also seems to be beneficial in making good relationship with workers. In this process, managers are used to engage workers in group task, further distribute roles and responsibilities to them as per skills. Along with this, to make collaboration in them, managers use effective communication with their workers so that they understand roles and perform accordingly. Update skills and maintain productivity at workplace:HR managers are required to give proper training and development to employees in order to update their skills and knowledges. These programs are necessary when new technologies introduce in organisation for obtaining higher outcomes. TASK 3 P5 Importance of employee relations that influence HRM decision-making Behind success of a project in an organisation, major role is played by its workers. They contribute their best efforts in completing a task in a given period of time (Rousseau and Barends, 2011). But as compared to work on individual level, working in team is much more beneficial. As when employees engage in group task, then they can develop a good relationship with each other. Along with this, they can share skills, knowledges and opinion through which difficult can be completed easily without any hurdles. Therefore, mangers of Thomas Cook are required to make proper collaborations and coordination among staff members as well as provide them healthy working environment. This would help in accomplishing goals and objective in a profitable way. In addition to this, it can be said that employee relation influence decision making process of HRM in a company in following way:- 7
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Sharing work:By building a strong team in workplace, it becomes easy for HR managers to gain right work of them and complete a task in more efficient way (Iles, Chuai and Preece, 2010). In order to this, when workers work in a group and share a good relations, then it becomes easy for superiors to distribute roles and responsibilities to each in a systematic manner. Ability to reduce risk:Involvement of workers in group task also useful in reducing chance of risks in a company. Along with this, it aid Thomas Cook in enhancing profitability as well as increasing market share. Increase in sales:For gaining loyalty of workers, managers are needed to make good relationship with them by interacting them with proper communication. Therefore, HR managers of Thomas Cook used to include each worker in decision making activities and discuss with them about new changes in working organisation. P6 Key element of employee's legislation and its impact on decision making process of HRM Employment legislations refers as laws that are established by regulatory bodies of a company (Hobfoll, 2011). These rights are made to protect workers in an organisation and prevent them from discriminations. In tourism sector, generally workplace has covered with diverse culture i.e.employees belong from different background, knowledge and skills, so discrimination in such area can easily be occurred. So, it is necessary for HR managers of Thomas Cook to follow all amendable laws which impact on decision making. It is necessary especially at the time of recruitment and selection procedure, in which managers are needed to provide complete information about rules and regulations of workplace to new recruiters. In addition to this, they should inform them about their rights in company so that chance of unionised can be reduced. There are various laws and legislation are made which improves working condition of employees as well as give them right to demand for their benefits. It include Equal Pay, Sex Discrimination, Employment Rights, The National Minimum Wage and more (Decker, Riley and Siemer, 2012). Therefore, if any organisation refuse to follow these rights then it will be legally penalised. Sex Discrimination Act:This act gives right to employees to speak out if any abusive activitiesareheldwiththem.Itwasenactedin1984forpreventingemployeesfrom discrimination which could be occurred on the basis of sexual orientation, marital relationship, gender identity and more. In this regard, HR managers of Thomas Cook gives employment to mostly female and disable workers so that equality at workplace can be maintained. 8
Equality Act 2010:This act is combination of all acts which are made to reduce discriminations. It gives right to get adequate salary, employment, compensation, appraisals, working hours flexibility and more. TASK 4 P7 Illustrate the application of HRM practices in the organisation with examples In Thomas Cook Travel Company, managers implement various HRM practices in order to hire desiredcandidates in workplace (Bulgurcu, Cavusoglu and Benbasat, 2010). It includes preparationofvariousdocumentslikejobdescription,personalspecification,interview procedure, offer letter, induction program and more. It includes:- Job analysis:In this process, managers are required to give complete information about job vacancy, roles and responsibilities for specific positions and more. It helps in gaining attention of right candidates whose profiles match with job requirement. Job description Organisation name Thomas Cook Group Plc Job profile Human Resource Manager Location Peterborough, UK Report to HR Administrators Roles and Responsibilities Develop policies and strategies of HR. Maintain environment of workplace and manage work of employees. Conduct Performance appraisal. Examine budget of the company Be able to revert to queries of travellers. Evaluate the ways through which they can improve sales. Training and development programmes. 9
Required Qualification MBA (Master degree in business administration) Experience required 5 to 7 years Salary 10 to 12 lac per annum. Curriculum Vitae (CV) Name: Address: Contact number: Email Id: Career objectives:Seek to grab opportunities in order to show my experience and talents in travel business and provide high services to visitors. Qualification: MBA (Master in Business Administration) Experience: 8 year of experiences in travel business Personal skills: Strong communication skills Effective Leadership skills Quick decision-making skills Problem solving Declaration: Hear by I am declaring that all mention information is true as per my experience and knowledge. CONCLUSION From the above report it is concluded that human resources management is very important for each one organisation in order to manager all manpower in an effective ways. They 10
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are develop strategies as well as plan in order to enhance employees performance as well as productivity thus help to achieve goals and objectives in limited period of time appropriately. Management of Thomas has implemented all employees legislation at their working place resulted enhance staff members satisfaction about their task with in firm. 11