Human Resource Management - Aldi Assignment

Added on - 21 Feb 2021

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HUMAN RESOURCEMANAGEMENT
TABLE OF CONTENTSINTRODUCTION................................................................................................................................3LO 1......................................................................................................................................................3P1 Purpose and function of HRM in workforce...............................................................................3P2 Approaches of recruitment and selections and their strength and weaknesses...........................4LO2.......................................................................................................................................................6P3 Benefits of HRM practices for employer and employees...........................................................6P4 Evaluation of HRM practices in ALDI to increase profit and productivity:...............................7LO 3......................................................................................................................................................9P5 Importance of employee relations in organisation......................................................................9P6 Key elements of employment legislations................................................................................10LO 4....................................................................................................................................................11P7 Application of HRM practice....................................................................................................11CONCLUSION..................................................................................................................................15REFERENCES...................................................................................................................................16
INTRODUCTIONHuman resource management is the process of handling people those who work in theorganisation and put efforts to meet the goal of business unit. It is multidisciplinary subject whichensures employees work in a team and contribute well in growth of firm (Lang and Rego, 2015).ALDI is the retail firm that has around 10000 stores in many countries. It provides food, beverages,sanitary etc. products to consumers across the world. Current assignment will discuss functions ofHRM alone with its purpose and importance. It will describe advantage and disadvantage ofexisting recruitment strategy of ALDI. Furthermore, study will highlight benefits of different humanresource practices for employees and employer both. It will analyse significance of employeerelations in the firm. In addition, report will describe different employment legislation and willshow their impact on HR decision making.LO 1P1 Purpose and function of HRM in workforceHuman resource management is the managerial process of planning, organising, developinghealthy work culture. It also focuses on recruitment and management of people in an organisationand give direction to people working in the organisation. Workforce planning and resourcing si theprocess of aligning needs of firm with requirements of employees.Function of HRM are as follows:-Training and development:-This helps the new employees to get familiar with new work culture.This will increase the efficiency of people to work more effectively. Aldi group is going withvarious training programs which develop skills and efficiency of the employee to improve theirperformance in their company. Hr manager of Aldi implements on the job training session whichhelps in raising skills of person and making them a good performer. It also helps the employeesworking there to learn daily operations and basic concepts used in these operations. As they gottrained their efficiency get developed and bring new scope in there career development which helpsin business development of Aldi.Recruitment and selection:-It is core function in human resource management as selection ofappropriate employees and giving them suitable position which full fill employees as well asorganisation's need is an essential part.. Aldi's HRM department faces many challenges in filling
various important position according to acquired skills of employees. They identify skill ofemployees and hire the best candidates out of many.Performance management:-It is an effective procedure that mangers of Aldi uses to measure jobperformance and satisfaction of employees. Accordingly, they search for workforce which can meetcompany's standard and can develop work related skills and experience. This can help in achievingorganisational objectives. They set goals and measure performance of employees accordingly. Theymonitor and measure behaviour of employees and give proper training to them so that they can havegood opportunity for enhancing their performance.Human resource planning:-To take human resources in direction of achieving business goals,managers of Aldi have to listen and respond to employees for maintaining high job satisfaction inthe organisation which would require a proper planning. This planning may help the organisation toregulate employees and make availability of employees having good skills to work with. This startwith business goal determination and scanning the environment for conducting gap analysis toachieve development goals by measuring and monitoring progress of the employees.Job Analysis:-It is an important part as it determine employee's functions. Aldi managers analysedthis on basis of work done by people. This results in identification of job that is, what it is all aboutand what qualification it needs. It includes analysis of data by collecting the data, measuring theinformation and then compiling the information with job description and specification. Jobdescription helps in identifying job and responsibility towards it. Whereas job specification includepersonal attribute of a person which is necessary in performing the job.Employee and labour relation:-It is very important part as there relation can build a foundationstone of the organisation. Employee and employers both plays an important part to run anorganisation. With respect to this, Aldi's human resource management negotiate with the labours.They also listen to the complaints of the employees and provide solutions to them, so that they canwork more efficiently and can give 100% to the organisationP2 Approaches of recruitment and selections and their strength and weaknessesRecruitment:-It is a process of hiring new candidate who is having qualification for the job andcan work efficiently to be part of the organisation. It includes analyses of job, attracting new peopleand doing proper screening to hire the new employee. There are two types of recruitments:-Internal Recruitment:- It is a process where employees are recruited either throughpromotions like promoting from temporary to permanent position or Transfer them to otherplace. Aldi company uses promotion method of filling the vacant post, this process ofrecruitment and its strength can weaknesses are as follows:-
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