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Human Resource Management Assignment - Tesco limited company

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Added on  2020-11-12

Human Resource Management Assignment - Tesco limited company

   Added on 2020-11-12

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HUMAN RESOURCEMANAGEMENT
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Table of ContentsINTRODUCTION.......................................................................................................................................3MAIN BODY..............................................................................................................................................31. Explaining the purposes and the functions of HRM in Tesco Plc. and its function in providing talent and skill...................................................................................................................................................32. Explaining the strength and weaknesses of deferent approaches of recruitment and selection process in Tesco Plc.............................................................................................................................................53 Explain the benefits of different HRM practices in Tesco plc. for both the employer and employee.......64 Critically evaluate the strengths and weaknesses of different approaches to recruitment and selection85. Importance of employee relation, key elements of employment legislation and impact on HR decision making.......................................................................................................................................96. Application of HRM practice in work related context.......................................................................117. Application of human resource management practices in Tesco.......................................................13CONCLUSION.........................................................................................................................................14REFERENCES..........................................................................................................................................162
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INTRODUCTIONThis study is based on Human resource management .Human resource management isrelated to management of people in order to perform different functions of the organization.Human resource management includes various functions related to planning, organizing, anddirecting and controlling .in order to achieve the organization objectives. Tesco will be includedin this study to perform various tasks of this assignment. Tesco is a public limited company andprovide various products and services such as supermarket, hypermarket, and superstore andconvenience shop. Tesco is employing employees more than 400000. Tesco is operating itsbusiness in various countries to increase its customer base and gain more market share. Thisstudy will include different purpose and functions of the organization. It will also includedifferent approaches to recruitment and selection. It will also provide explanation of variousbenefits of HRM practices with relation to employer and employee. Furthermore, this study willinclude importance of different employee relation in influencing decision- making. Moreover, itwill include different elements of employee legislation and its impact on HRM decision- making.It will also include different HRM practices in relation to organization.MAIN BODY1. Explaining the purposes and the functions of HRM in Tesco Plc. and its function in providingtalent and skill.Tesco Plc. is the UK’s leading retailer, considers workers as their life blood of thebusiness. All the workers and employer of the firm manages good democratic procedures andpolicies and employee engagement. In addition to this, it can be said that workforce planning is aprocess in which the firm links its workforces with the desired goals and outcomes. It helps todetermine the skills, knowledge and experience to the right number of people at the right placeon the right time.For effective workforce planning and resourcing, the purpose and functions of HRM ofTesco are discussed below:Benefits and Compensation3
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Human resource developmentPlanning, recruitment and selectionEstablishing relationship between labor and employeeThe initial purpose of HRM is to maximize the production and profitability of businessby optimizing the effectiveness of its workers.The ‘Best Fit’ approach vs. ‘Best Practice’:Best PracticeBest FitBest practice states that several HR Policieswill be including reward plansIt believes in reward system which should bealigned with that of the strategies of thecompanyIn this practice the HR leads to bettercommitment of employees as well as highmotivation to the sameBest fit results in achievement of competitivebenefits for the firmRecruitment and selection: It is a process of screening, captivating and selecting best andpotential candidates for the work in order to achieve objectives and goals. The process is crucialthat it helps to reduce cost of mistakes such as unmotivated, incompetent and underqualifiedworkers.Orientation: This is a fundamental step includes goals and objectives of Tesco in order toachieve them by workers. One of the major function of human resource management is toprovide intensive orientation to workers. This will help them to know their assigned job role,description and relationship with others. Establishing relationship between labor and employee: It can be said that workers are thepillars of firm and relationship with them is a very broad concept. It is also one of the majorfunction of HRM that it helps to manage effective relationship between employee and employer.It helps to enhance ability to influence behaviors and working outputs. 4
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