Human Resource Management Assignment: HRM Tesco
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Added on 2020-06-06
Human Resource Management Assignment: HRM Tesco
Added on 2020-06-06
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HUMAN RESOURCE MANAGMENT
Table of ContentsINTRODUCTION...........................................................................................................................................3TASK 1..........................................................................................................................................................3P1 Purpose and functions of Human Resource Management.....................................................................3P2 Strength and weakness of different methods of recruitment and selection '....................................4TASK 2.........................................................................................................................................................5P3 Benefits of different HRM practices ..................................................................................................5P4 Effectiveness of different HRM practices in increasing organizational productivity and profitability ................................................................................................................................................................6TASK 3..........................................................................................................................................................7P5 Significance of Employee Relation ....................................................................................................7P6 Important components of employment legislation..........................................................................8TASK 4..........................................................................................................................................................8P7 Application of different HRM practices .............................................................................................8CONCLUSION.............................................................................................................................................10REFERENCES ................................................................................................................................................1
INTRODUCTIONOne of the vital function of every organization is Human Resource Management that is concerned with recruitment as well as selection of individuals within firm. Workforce is an important part of every company that highly contributes in growth and success of organization (Armstrong and Taylor., 2014). It is required by managers to hire skilled and knowledgeable candidate who are able to attain predetermined goals and objectives of company. HRM includes various other functions such as performance appraisal, compensation, maintain healthy workplace, employee relation etc. In the present assignment, chosen organization is Tesco which is a British multinational grocery retailers Supermarket chain. Various products are offered by company to its potential customers. The report includes purpose and function of organization along with strengths and weaknesses of recruitment and selection approach. Apart from this, benefits of Human Resource Management practices as well as its effectiveness in increasing profits of firm is defined. At last, key components of several legislation and significance of good employment relations define in the project.TASK 1P1 Purpose and functions of Human Resource ManagementThere are various purposes and functions of Human Resource Management but, one of the major purpose is to is to select and hire skilled and knowledgeable work force who are able to attain goals and targets of company. Various functions are performed by HR manager regarding wages and salaries,performance appraisal, compensation, workplace policies, maintainhealthy environment within firm,health and safety of workers etc. The main responsibility of Human Resource administrators of Tesco is to determine present and future needs of Manpower and fill this gap by hiring right number of candidate for right position at right time. They also need to provide training to them in order to enhance their competencies so that they are able to perform well in firm and their targets. One of the main purpose is to enhance productivity and profits of company. Managers design effective Strategies and policies to attain objectives at defined time. Before hiring of employees, the firm is required to do appropriate workforce planning. It assist in hiring skilled candidates who have ability to accomplish goals of company. Training is also one of the important aspect that is performed by human resource manager of Tesco in order to attain high growth and maintain sustainability in market.Functions of Human Resource ManagementRecruitment and selection: It is one of the main function of every organization. Under this process human resource department make proper plan and design according to recruitment of employees. As on the basis on job each criteria is done with the help of their knowledge. Selection is positive process in which best candidate is selected for suitable job and in recruitment right candidate are appoint at right place with the right jobs it is also negative process (Berman and et. al., 2012). In Tesco, manager of company invite application so that interested person can apply for the jobs. With the help of talent, best candidate is selected and hire in the organization. Selection helps in select skilled employees which help in attainment of goals and objectives easily.
Training and development:- This is also a important function of human resource department inwhich managers tries to identifies skill, abilities and needs of desired workforce and they maintain training program (Boella and Goss-Turner, 2013). They provide various training to employees according to need of their work in the organization by adopting different methods of training. Manager of Tesco conduct various training sessions to improve the manpower through which they get more opportunities to increase their skills and knowledge of employees. This helpin maintain better performance of their employees.P2 Strength and weakness of different methods of recruitment and selection 'Recruitment refers to the process of searching and finding most suitable and talented candidate for the company who assist in achieving business objectives and goals in an effective and efficient manner. One of the main responsibility of every HR Manager is to put right candidate on right job at right time as per their skills, ability and knowledge. Mainly there are two sources of recruitment: One is internal and other is External. On the other hand, the process of Selection deals with selecting the best candidate among the pool of applicants. Selection is thelast stage of that deals with selecting the most suitable candidate for the company. HR manager select candidate on the basis of various tests or rounds conducted by them. Internal Source: It means employees are selected within the organization through transfer or promotion. Strength WeaknessSaves money, time and energy Increase loyalty of existing employees No error in selectionSelf-Development Lack of creativity and innovation Discourage capable person Sometimes creates a feeling of dissatisfaction among existing employees External: In this, employees are selected from outside the organization such as direct recruitment, factory gates etc. Strength Weakness Bring new ideas Availability of suitable candidate Entry of fresh talent Demoralization among exiting workers 'Lack of corporationsExpensive Process
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