Human Resource Management Assignment-ALDi Co

   

Added on  2020-06-06

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HUMAN RESOURCEMANAGEMENT
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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Aim and functioning of HRM .........................................................................................1P2. Strengths and weaknesses of various approaches of hiring and selecting.......................3TASK 2 ...........................................................................................................................................4P3. Benefits of HRM practices for both the employer and employee....................................4P4. Effectiveness of various HRM practices in increasing organisational profitability.........6TASK 3 ...........................................................................................................................................6P5. Value of employee relations in impacting the decision-making......................................6P6. Key elements of employment legislation and its impact on decision-making.................7TASK 4 ...........................................................................................................................................8P7. Application of HRM practices in corporation..................................................................8CONCLUSION..............................................................................................................................10.......................................................................................................................................................10REFERENCES................................................................................................................................1
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INTRODUCTIONHuman resource management (HRM) can be simply defined as a process via whichworkers can be managed in an organised way. It consists of processes like recruiting, selecting,placement, induction, training and development, motivating, compensating, etc. It aids inenhancing the productivity of corporation by effective employment of workers (Boxall, andPurcell, 2011). It also assists in rising the performance of workers. Primary aim of HRM isacquiring, developing and retaining the best talent in enterprise. However, department of HRwithin organisation is more concentrated upon various policies and practices in order to achievethe set goals. The present report is based on human resource management of Aldi. In this project,purpose and functions of HRM are explained that are applied to planning of manpower andresourcing an enterprise. The strengths and weaknesses of various approaches that are used inrecruiting of workforce are also described here. TASK 1P1. Aim and functioning of HRM Main intention of human resource management is recruiting correct candidate for theright job. It is utilised by managers for enhancing effectiveness of staffing function and to recruitgood candidates from the crowd of large applicants. It assists in ensuring that whether each andevery employee is satisfied with the working environment. This idea aids managers in makingethical HR practices (Bratton and Gold, 2012). Generally, it is used by HR manager in makingcompensatory packages to the employees. Manager of Aldi can use this idea or concept inattracting a large number of candidates and for fulfilling the demands and desires of current staffmembers. Some of the functions of human resource management are described as below:Developing healthy relations with workers: Creating and maintaining healthyrelationship with workers is one of the major functions of HRM (Buller and McEvoy,2012). It aids employers in acquiring commitment of employees that they may not leaveorganisation for a long period of time. This is an important thing as in most of thecompanies, workers leave in very short period of time. This is not good for the image offirm. So, for developing healthy relation with workers, they can be inspired for doingwork for a long time without having the intention of migrating to other venture. 1
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Development of human resources: This involves providing training and developmentprogrammes in order to give knowledge to employees for doing their existed jobappropriately. It also provides guide lines to them for making their career plan.Improvement in the skills and knowledge increases the skilfulness of business activitiesand aids corporation in acquiring their aims and objectives easily. Compensation and rewards: Compensation is provided to all the employees who arethe member of organisation. An employer is responsible for compensating workers in anappropriate way. Apart from the basic wages, different rewards and benefits are providedfor employees for doing the extra works at the right time (Choi and Ruona, 2011). Byadopting this technique managers of Aldi can full-fill all the needs and demand of theirworkers and by this way they can improve their performance. Provide healthy and safe working environment to subordinates: It is the duty ofemployer to arrange a risk free or healthy working surrounding for of the workers at theworking location. If organisation does not provide them safe or secure environment thenthis laid a bad impact on the performance and production of the company. So, it is veryimportant to provide safe and secure working place or environment to the staff membersso that productivity of the subordinates can be improved as well as increased. Staffing: Employees are one of the essential factor that helps in achieving success. So, itis the duty of manager to recruit correct persons for performing different jobs in company(Crook and et. al., 2011). Department of HR assists managers in enhancing theeffectiveness of this process by doing analysis of job, creating plans of selecting andrecruiting right candidates, etc. Same process can be used by managers of Aldi in hiringappropriate candidates in the venture. 2
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