logo

Human Resource Management - Sample Assignment

   

Added on  2021-02-21

17 Pages4145 Words25 Views
HUMAN RESOURCEMANAGEMENT
Human Resource Management - Sample Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3LO 1.................................................................................................................................................3P1 Purpose of function of HRM related to workforce planning in BARCLAYS Bank.............3P2, M2& D1 Approaches of HRM practices..............................................................................4M1.How the functions of HRM can provide appropriate talent and skills.................................7LO 2.................................................................................................................................................7P3 & M3. Benefits for employee and employer from HRM practices.......................................7P4. Effectiveness of HRM practices in organisation..................................................................8LO 3.................................................................................................................................................9P5. Employee relationship influencing HR decission.................................................................9P6. Employee legislation affecting HRM decission in the organisation...................................10M4. Employee relationship and legislation impact on HRM decision.....................................10LO 4...............................................................................................................................................11P7. Application of HRM practices............................................................................................11M5. Rationale for the application of specific HRM practicies.................................................13D3. Employee Relationship and Application of HRM influencing decission..........................13CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
Human Resource Management - Sample Assignment_2
INTRODUCTIONHuman resource management (HRM) is the process of managing employee in the organisation inthe way that they can help the business in achieving the organisational goal. These reporthighlights the function and purpose of HRM in the organisation and also weakness and strengthof different approaches of the recruitment. Further these report explains the benefit of HRMpractices for both employee and employer and also effectiveness of the HRM practices. Furtherthese report explains the importance of employee relation and employee legislation in thedecision making of the HRM. In the end the report highlights the HRM practices in a work-related context and the rationale of it (Cascio, 2015).MAIN BODYLO 1P1 Purpose of function of HRM related to workforce planning in BARCLAYS BankHRM is related to various functions such as planning , training and development , selectionand staffing , personnel management etc. First and foremost function of HRM related toworkforce planning is :-RECRUITMENT –Recruitment is the process in which HR recruits the person who is best suitable for theorganisation based on his/her capabilities , knowledge , abilities , etc. HR uses many processes atthe time of recruitment of employees such as aptitude test , group discussion rounds , personalinterviews etc. Purpose of HR function in BARCLAYS Bank is to hire most deserving candidateon the vacant post who can perform well in Barclays bank. They choose the best option asemployee for their organisation among the available alternatives and also chooses employees onthe basis of their integrity , professional career , retention etc.(Bratton and Gold, 2017).TRAINING AND DEVELOPMENT -Training is provided by the HR to make employees flexible to work according to theorganisation culture and also know the working conditions of the organisation. HR usesleadership training and professional development as a training tool to train the newly hiredemployees by the recruiter. The main purpose of the Barclays Bank from training anddevelopment is to develop skills and efficiency to improve performance at workplace. HRdepartment makes efforts to improve the skills of the employees in order to furnish them to adaptin challenging business environment (DeCenzo and et.al., 2016). Training can be done in two3
Human Resource Management - Sample Assignment_3
ways i.e. On-the-job training and Off-the-job training. On-the-job training is given to existingemployees which helps them to refine their basic concepts and Off-the-job training is given inorder that employees will boost their intellectual capital and skills by gaining latest knowledgesuch as research techniques, operational hi-tech equipment’s.PERFORMANCE MANAGEMENT -Performance Management is the process where the HR make teams and monitors their workthat they are working in order achieve the organisation's targets without any delays withdiligence and working in the team. HR uses various types of methods to check the performancesuch as performance reviews , self evaluation , peer evaluation , target setting forindividual/groups ,measuring individual/group output etc. Ultimate purpose of PerformanceManagement in Barclays Bank is to regularly boost the individual’s knowledge , experience andhow they can work jointly in an company. Some uses daily appraisals to employees and in someorganisations there are monthly reviews given to employees on their performances (Chelladuraiand Kerwin, 2018). REWARD MANAGEMENT-Reward Management is the process in which employer pays to employees as per his/herperformance in the monetary terms or non-monetary terms. Monetary term benefits are salary ,bonuses, performance allowances etc. whereas non monetary term benefits are gifts in kind ,promotions , etc. The main purpose of reward management in Barclays Bank is to boost theenergy of the employees and give them job satisfaction so that they can work effectively andefficiently in order to achieve the organisation's target without any delays. P2, M2& D1 Approaches of HRM practicesWORKFORCE PLANNING Approaches :-Workforce approach – In this approach HR examines the number of jobs and type ofjobs and nature and characteristics of jobs are needed in the organisation at any specificpoint of time in near future (Berman and et.al., 2019). Workload approach – This approach focuses mainly on the amount and type of the workwhich is handled by the organisation at any specific point of time in future and uses thisinformation to bring the number of resources (people and skills) needed to that work.Competency approach – This approach assumes that the organisation has already takenabove two approaches but it considers that while hiring employees HR should also see4
Human Resource Management - Sample Assignment_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Human Resource Management Assignment - Barclay Bank
|20
|5543
|299

Unit 3: Human Resource Management
|18
|4893
|21

P1 The purpose and the functions of HRM
|20
|4876
|228

Functions of HRM in Workforce Planning and Recruitment Methods
|23
|5454
|83

P1. Purpose and Functions of Human Resource Management
|20
|5712
|457

Human Resource Management Limitations
|18
|4835
|63