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Report on Human Resource Management - ALDI company

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Added on  2020-06-05

Report on Human Resource Management - ALDI company

   Added on 2020-06-05

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HUMAN RESOURCE
MANAGEMENT
Report on Human Resource Management - ALDI company_1
TABLE OF CONTENTS
INTRODUCTION ..........................................................................................................................1
TASK 1............................................................................................................................................1
P1. Main functions and purpose of HRM...................................................................................1
P2. Strengths and weaknesses of various methods of recruitment and selection........................2
TASK 2............................................................................................................................................4
P3 Benefits to employees and employer for the HRM practices................................................4
P4 Effectiveness of HRM practices in raising profits of ALDI..................................................5
TASK 3............................................................................................................................................6
P5 Significant of employee relations in impact decision making process of organisation.........6
P6 Key legislation of employment and its impact on HRM decision ........................................6
TASK 4............................................................................................................................................7
P7 Work related practices of human resources management in an enterprise............................7
CONCLUSION ...............................................................................................................................9
REFERENCES .............................................................................................................................10
Report on Human Resource Management - ALDI company_2
INTRODUCTION
Human resource management is a process planned to manage employees and their
activities at the workplace. Manager of HR department is responsible for functions including
performance appraisal, selection, training and development, recruitment of workers. This
function mostly focuses on the systems and policies of enterprise for leading individuals. Main
reason of HRM is to increase employee’s productivity and improve entire performance of
business. This report is based on ALDI which is one of the leading retail companies and they are
having more than 10000 retail stores in more than 18 countries as well as states. Present file is
based on direction of employees at workplace Main purpose of this study to guide workers so
their performance can be increased or maximised. Different functions of HRM are explained
here along with describing various recruitment and selection approaches.
TASK 1
P1. Main functions and purpose of HRM
Purpose of HRM:
Human resource management is one of the essential and main functions of organisation.
It assists in increasing workers performance at the workplace. To increase employee's
productivity. ALDI company managers can use this method. This will assist them in using all
factors as well as resources at a prime level and doing business operations cost will reduce
automatically. The main objective of HRM is to recruit skilled and knowledgeable people for the
correct job so that organisation can attain its set targets and goals effectually. It support manager
in evaluating candidates performance and hire the perfect and right one of the individual
position.
Functions of HRM: Human resource management is important to select and recruit best
suitable candidates at the workplace. Some of the important functions are as follows:
Recruitment: It is the best function of HRM to fulfil job vacancies by promotion and
advertising regarding position (Bloom and Van Reenen, 2011). It gathers applicants and
conducts face to face interview to select the appropriate candidates. HRM is essential
because it assists the managers in ALDI in selecting and recruiting right person by
utilising least possible resources and time. This process also helps company owner by
1
Report on Human Resource Management - ALDI company_3
describing responsibilities and job role regard with each position which help director in
assess quality of candidates on that basis.
Employee’s relation: In today's aggressive work environment it is an essential function
of HRM and every workers to keep healthy and good relations with other staffs. Human
resource management practices is needed because it help by resolving misunderstanding
& conflict and evaluating employees involvement & job satisfaction of organisation
(Boxall, and Purcell, 2011). It assist in managing unity movements.
Benefits and compensation: Activities of HRM help or guide the manager in making
transparent and effective compensation packages for the workers. It is very important to
create a positive and healthy work environment by creating employees performance.
Remuneration is one of the major factors which directly impacts worker’s performance.
So, company’s director should try to encourage and make a transparent pay method so
that workers satisfaction can be attained.
Development and training: Identify development and training need of lesser and give
them the equal is one of the best purpose of HRM. It supports in assessing employee’s
performance and providing perfect training so their quality can be magnified.
Compliance: This is needed because it provide remuneration and take best decision to
employees regarding to the legislation is known as compliance. Within the compliance
then complaints of workers emerge and workplace environment get negative (CHUANG
and Liao, 2010). Human resource management practices assist in taking the best
decisions with compliance of set rules and regulations.
All above functions are very important and highly needed in the organisation. Directs of
ALDI need and want success and help to provide clear remuneration
Purpose and function of human resource management both are important components for
the business success. One of the main purpose of this management to achieve high growth and
success and increase product productivity. Function is define the recruitment and selection
process. In this activity company manager is capable as well as responsible to provide best
training and development and maximise the knowledgable related to the work based. They also
give fair remuneration and advantages as well as develop employees relation.
2
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