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Human Resource Management at Ernst & Young

   

Added on  2020-10-05

18 Pages4812 Words192 Views
Professional Development
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Human ResourceManagement
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Table of Contents
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INTRODUCTION1
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Human resource management means activities which are planned for managing,organising, controlling, directing, work force of organisation. HR manager deals with placingcorrect employee according to its skills, knowledge and competencies. This helps in improvingservices of organisation. Hence HR function is tough and crucial (Bulgurcu, Cavusoglu andBenbasat, 2010). These days, organisations gives importance to employees because they areresponsible for dealing with work force of organisation. If wrong candidate is placed, then thisproves to be wastage and cost. This report is based on Ernst & Young which is a multinationalorganisation which provides business consultancy services. This organisation has headquarter inLondon, UK. This report covers purpose and scope of Human Resource management,effectiveness of key elements of HRM, internal and external factors which affects HR decisions.At last it provides some practical examples of human resource management.TASK 1P1 Explain the purpose and the functions of HRM, applicable to workforce planning andresourcingHuman resource management is the important department of Ernst & Young becausethey are the people who select best force for organisation. This helps to select skilled employeesand hence performance of overall organisation improves. As there are many candidate whichapplies for the post, it is responsibility of HR manager to select best among them according torequirement of designation and skills, characteristic and qualification of candidate. Thisdepartment is responsible for planning business workforce so operational efficiency can beachieved. When candidate is placed according to their skill, knowledge, behaviour, this is fruitfulfor performing operations well. PURPOSE OF HRMWorkforce planning- Planning related to workforce is important and essential becausethis helps in performing commercial activities. There are many departments in Ernst & Youngsuch as marketing, sales, IT, etc. so with proper planning appropriate number of employees canbe place at organisation (Cox, Arnold and Tomás, 2010).Engage employees- Employees are the source through which brand image of Ernst &Young is good. They deal with clients and provide them solutions. Hence HR manager providethem chance to take part in decision making, so they are aware about reasons behind performingactions. 2
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