Human Resource Management (HRM)Assignment
Added on 2020-06-04
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Human ResourceManagement
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Functions and purpose of human resource management.......................................................1P2 Different approaches of recruitment and selection with its strengths and weakness.............2TASK 2............................................................................................................................................4P3 Benefits to employer and employee with the practices of HRM...........................................4P4 Effectiveness of HRM practices in raising productivity and profit of organisation..............5TASK 3............................................................................................................................................5P5 Relevance of employee relation in terms of influencing decision making process of HRM.5P6 Various key elements of employment legislation and its impact on decision makingprocess.........................................................................................................................................6TASK 4............................................................................................................................................7P7 Application of various practices of HRM in a work related context.....................................7CONCLUSION................................................................................................................................8
INTRODUCTIONManagement of employees who work in a enterprise is knows as human resourcemanagement. This is done by the Human resource department of organisation with the aim ofmaximising employee's performance. Effective implementation of all strategies and managementhuman capital is the main aim of this approach (Campbell, Coff and Kryscynski, 2012). Thishelp in increasing the effectiveness of various process such as recruitment and selection. Furtherit ensure that proper training should be given to all workers so that they can fulfil their dutieseffectively and can achieve the set targets. Aldi one of the leading grocery retailer taken underthis report for study. At present firm is operating in more than 70 countries with more than 70000stores. More than 20000 employees are working in ALDI stores which help the firm in achieveits set objectives. Various functions and main purpose of HRM is given in this report. Differentapproaches of selection and recruitment with their advantages and disadvantages is alsodescribed in this. Along with this, important factors of employment legislation which affect thedecision making process of an organisation is also given in this report.TASK 1P1 Functions and purpose of human resource managementAchieve effective results form the process of recruitment and section is one of the mainpurpose of HRM. As employees are one of the essential part of success of every organisation andevery company want to recruit right candidate for the right job in the right time. Approach ofhuman resource management help the manger in achieve this objective by setting effectivecriteria for the process of recruitment. Further this guide the manager in setting faircompensation packages for all the subordinates help in take fair work decisions at workplace.Same can be used by the manager of ALDI for providing fair wage to workers for their work andto satisfy their needs for getting their commitment towards their job roles.Function of HRMDevelopment of human resources: In today's fast changing and complex businessenvironment every enterprise want skilled and capable workers for doing complex jobs.Human resource management help the firm in achieving this by setting effective criteriafor the process of recruitment (Messersmith and et. al., 2011). After that it helps inconduct proper training and development programmes for the employees in order toenhance their level of knowledge. All this increase the efficiency of firm;s operations and1
effectiveness of employee's performance. In this way it helps in making skilledemployees for the enterprise to achieve set targets. Create and provide safe working environment to all the employees: Create and healthyworking environment not only enhance the productivity of workers but also increase theirmorale and job satisfaction (Bulgurcu, Cavusoglu and Benbasat, 2010). HRM help indoing the same so workers can be satisfy at their maximum level and can contribute a lottowards the success of organisation. Develop better relation with subordinates: Create, develop and maintain good relationswith subordinates is one of the main function of HRM. This help the manager in gettingsupport of employees while implementing strategy or any king of change at workplace. Fair compensation and reward to employees: It is one of the most and importantresponsibility of every firm to provide fair compensation to employees. This is the mainreason why workers join the organisation. Concept of HRM guide the manager during theformulation of compensation packages for the subordinates and help in provide them fairremuneration. Staffing: Process of HRM helps the manager in predict the employees required forexecuting the business operations and to achieve the set results (Functions of HRM,2017). Job analysis, planning of manpower required, recruitment and section all are themain activities which are performed by the HRM which guide the manager in recruitingright candidate for the job.By performing all these functions in an effective way manager of ALDI can achieve theset business objectives in an effective way. P2 Different approaches of recruitment and selection with its strengths and weaknessProcess of invite large number of potential and skilled candidate for filling vacancies inthe organisation is knows as recruitment. This is one of the main and important process of everyenterprise. Various methods and process are there which can be used by the manager of Aldi forhiring right candidate for the job (Snyder and Deaux, 2012). Main approaches of recruitmentwhich can be used by the manager of ALDI can are stated below:Internal method of recruitment: Under this approach, workers who are working in the firm areselected by the company for filling higher position. Existing workers get a chance in this to get2
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