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Human Resource Management: Marks and Spencer

   

Added on  2021-02-19

12 Pages3337 Words72 Views
Human ResourceManagement

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Discuss the purpose and functions of HRM ........................................................................1P2. Explain the strengths and weaknesses of different approaches to recruitment and selection.....................................................................................................................................................2TASK 2............................................................................................................................................4P3. Explain the benefits of different HRM practices within an organization.............................4P4. Evaluate the effectiveness of different HRM practices in terms of raising organizationalprofit and productivity.................................................................................................................5TASK 3............................................................................................................................................6P5. Discuss the significance of employee relations in respect to influencing HRM decision-making.........................................................................................................................................6P6. Assess the prime elements of employment laws and the impact upon HRM decision-making.........................................................................................................................................7REFERENCES................................................................................................................................9

INTRODUCTIONHuman resource management (HRM) is the function of HR department which is theadministration of the employees working in the organization. It involves activities like recruiting,hiring, deploying and managing the human capital. The role of HRM is the most crucial for thesuccess of the business as it chooses the best candidates who are eligible to perform the tasks. Inthis report, Marks and Spencer has been chosen which is located in London, United Kingdom.Furthermore, this assignment includes purpose, functions of HRM, strengths and weaknesses ofvarious approaches, benefits and evaluation of effectiveness of kinds of HRM practices, analysisof importance of employee relations, identification of key elements of employment legislationand application of HRM practices (Noe and et. al., 2017). TASK 1P1. Discuss the purpose and functions of HRM Human resource management has been defined by Bratton and Gold as “a strategicapproach to managing employment relations which emphasizes that leveraging people'scapabilities is critical to achieving competitive advantage, this being achieved through adistinctive set of integrated employment policies, programmers and practices.” Hard and soft model of HRMHard HRM model have been developed to focus on performance management, formingstrategies for achieving organizational goals, cost control and activities like hiring, moving andterminating. On the other hand, soft HRM model considers employees as the prime resourcewhich can be used in the organization for gaining competitive advantage. Determination ofexpectations of employees, providing training to them, development, commitment, motivationand many more are included in this (Bratton and Gold, 2017). Workforce planningIt is the process for making sure that there is adequate pool of talented candidates bywhich current as well as future needs of hiring employees can be fulfilled. It is a part of strategicplanning in which is done by considering the overall objectives of the company . Resources of an organizationResources are categorised into financial having the characteristics of money or which canbe expressed in money. Non-financial refers to those which does not involve the element of1

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