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Human Resource Management : ALDI Company

   

Added on  2020-07-23

13 Pages4105 Words26 Views
HUMAN RESOURCEMANAGEMENT

ContentsINTRODCUTION...........................................................................................................................................3TASK 1..........................................................................................................................................................3P1 Importance of Human Resource Management with its purpose and functions.................................3P2 Strengths and weaknesses of recruitment and selection process......................................................4TASK 2..........................................................................................................................................................5P3 Benefits of HRM for employer and employee in ALDI........................................................................5P4 Evaluation on effectiveness of different HRM practices.....................................................................6P5 Importance of workers relations to influence HRM decision-making.................................................7P6 Key element of employee's legislation and its impact on decision making process of HRM..............7TASK 4..........................................................................................................................................................8P7 Application of HRM practices..............................................................................................................8CONCLUSION.............................................................................................................................................10REFERENCES..............................................................................................................................................11.................................................................................................................................................................13

INTRODCUTIONIn a company there are many departments that work for a common goal so that it can beachieved in specific time frame in an appropriate manner (Bondarouk and Ruël, 2013). Humanresource department is one of the integral part of an organization as their prime duty is to provideeligible candidates to the firm with the help of recruitment and selection process. Therefore, HRManagement provides training programs through which workers can enhance their existing skillsand knowledge for the betterment of the company. In order to analyze the importance of HumanResource Management this study has been conducted. This report includes the importance,purpose and functions of HR department in an organization. Along with this, strengths andweaknesses that may arise in recruitment and selection process in an organization. Other thanthis, benefits of Human resource management for employer and employee. Apart from this,factors of employee’s legislation along with its impact on decision making and lastly, applicationof HRM practices in an organization.TASK 1P1 Importance of Human Resource Management with its purpose and functionsEvery department has a special role in a company who perform their task I order toprovide benefits to a firm. Therefore, the main function of HRM is to select best suitablecandidates who can give their most excellent efforts at workforce. HR manager always look outfor various plans through which he/she can evaluate whether an individual have skills andcapabilities of working as per the company’s desires (Chang, Chiang. and Han, 2012). Other thanthis, department give training so as to enhance the knowledge of performing the task in a bettermanner. Some of the important functions of HRM are mentioned below so that it can beunderstood in an effective way:Functions of Human Resource ManagementRecruitment and Selection Process: This is the basic functions that are performed by thisdepartment so that they can give eligible candidates who can help the organization in increasingtheir market shares and values. Therefore, for choosing suitable individual ALDI is using variousmethods like they are using online procedure, face to face interviews and many more.Training and Development: It is the most important factor because it helps a person inknowing more and gaining knowledge that will assist them in future proceedings. ALDICompany is giving training programs to fresh candidates and also to existing employees so thatthey can learn new things according to the current market situations. Therefore, it will makethem capable of providing excellent services to customers (Costea, Amiridis and Crump, 2012).

Compensations and benefits: Performance appraisal whether in terms of compensationor benefits always boost the morale of an individual to work more appropriately. This includessome of the factors like flexible working hours, medical facilities, leaves etc., and this assistorganization to retain their eligible candidates for a longer period of time. Ensuring Legal Compliance:Under this, its prime duty of HR manager to tell all theterms and conditions that is required to be known by an individual before getting into the job.These are related to laws and legislations to terms and conditions that must be followed by thecandidate (Ehrnrooth and Björkman, 2012). Performance Appraisal: this is formulated by the organization so that they can makeemployees happy and they fell connected with the company. It is given on the basis performancethat workers show at workplace. Purpose of Human Resource ManagementHRM department plays various roles but the main purpose of doing their job is toincrease the sales and productivity of employees and company as well. For this they appointskilled and eligible candidates who can help them in satisfying the needs and demands ofcustomers. Through this firm can easily attain the goals and objectives in set time frame. P2 Strengths and weaknesses of recruitment and selection processTo provide excellent services and facilities it is important that HR management of ALDIis conducting different methods for selecting skilled and knowledgeable candidates. For this,there are many external and internal factors that can affect the whole process of recruitmenttherefore; they should apply suitable tools that can give them maximum benefits and providethem with eligible candidates (Ganopoulos and et. al., 2013). Some of the advantages anddisadvantages of recruitment and selection process are given below:External Sources: Advertisement procedure is taken into consideration under thisprocess. Therefore, managers makes job specification, questionnaire that are required forselection process. Apart from this, company also uses online methods through which they canselect best suitable candidates.StrengthWeaknessesThis process gives an overview of theinterested candidates who had applied for aspecific position in the company. Therefore,these applicants are those who haveappropriate skills and knowledge that isrequired for the job.Time and money is the biggest weaknesses ofexternal sources as for conducting recruitmentprocess a huge amount of money is required. Therefore, it is a long process as the candidateshave to go through with certain proceduresuntil he/she is finally selected.

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