Purpose of HRM Strategy

Human Resource Management

Purpose of HRM strategy
HRM strategy is defined as strategy which is adopted by enterprise that aims at integrating culture,
system, employees through coordinating set of actions in order to achieve and attain business goal
and objectives (HR Strategy, 2019). There are various purpose of HRM strategy which has to be
adopted by respective organization. They are as follows:
• Staffing
• Benefits Management
• Compensation and Performance
• Laws

Benefits of robust HR policies
HR policies are defined as formal procedures and rules which dictate about certain matters that should
be addressed at workplace including duties, rights and responsibilities of employees and staffs.
These are tied with employment laws and managing their people. There are various benefits which
are provided to TESCO by following HR policies in their business. They are as follows:
• Recruitment and Selection
• Handling Employee Concerns
• Training and Professional Development
• Employment Rules

Purpose of HR planning
Human Resource Planning is defined as procedure of finding right type of people for right job at right
time and place through forecasting of need and demand of organisation and supply of human
resources in future time period (Human Resource Planning, 2019). This is called arrangement of
right people for right job from various sources. It plans manpower as well as vacancy arise because
of termination, promotion, retirement and transfer. The purpose of HR planning are described
below:
• Future Manpower Needs
• Recruitment of Talented Personnel
• Coping With Change