Human Resource Management Assignment - Burberry Group PLC

Added on - 21 Feb 2021

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Human ResourceManagement
Table of ContentsINTRODUCTION...........................................................................................................................1LO1..................................................................................................................................................1P1 - Purpose and function of Human Resource Management....................................................1P2 - Strength & weakness of recruitment and selection approaches..........................................2LO2..................................................................................................................................................5P3-Benefits of HRM practices....................................................................................................5P4-Effectiveness of HRM practices............................................................................................7LO3..................................................................................................................................................8P5-Importance of employee relations.........................................................................................8Importance:.................................................................................................................................9P6-Legislation...........................................................................................................................10LO4................................................................................................................................................11P7-Application of HRM practices............................................................................................11CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
INTRODUCTIONHuman Resource Management (HRM) is the process of hiring and developing employeeswhich helps them to become more valuable for the organisation. It includes job specification,personal needs, training and development, recruiting the right person for the job, managingsalaries and wages, evaluating performances and communicating with employees at all levels.The study of the project is based on the Burberry Group PLC , it was established in theyear 1856 by Thomas Burberry. Burberry is a British luxury fashion house headquartered inLondon, England. Its mainly focuses on trench coats, fashion accessories, sunglasses, ready-to-wear outwear, fragrances and cosmetics .This report will includes the purpose and functions ofHRM applicable to work force with the strength and weakness of different approaches ofrecruitment and selection. Further it will focus on the benefits of different HRM practices forboth the employer and employee. Effectiveness different HRM practices in terms of raisingorganisational profit and productivity. It also explains the importance of employee relations inrespect to HRM decision-making. Final report shows the key elements of employment legislationand its impact on decision making in HRM. The report will end with brief of HRM practiceswith the help of examples in a work related context.LO1P1- Purpose and function of Human Resource ManagementTraining and Development :It is the main function of HRM which helps organization to improve the skills andknowledge of individual and group of people. They both are two different categories, astraining's are provided for some special purpose but development are for the long term goals.Burberry provides proper training and development programs to their employees for theupliftment of their designing skills. They company provide training's to upgrade their skills andenhance their working skills. Development programs by Burberry helps employees to developnew skills for innovative new designs.Purpose: Training and development program of Burberry helps its employees toimprove their skills and knowledge which helps them to upgrade their job task. This alsohad a positive impact on the morale of the employees for effective working. It improvesretention of employees and helps them to upgrade their skills.1
Recruitment and selection:Recruitment is the process where new candidates are invited for the specific job work.Selection is the process where appropriate candidate is chosen for the specific job work. InBurberry the process of recruitment and selection is performed by Management team. Individualmust abide with particular qualities to work with Burberry i.e., Good communication skills,teamwork and should be qualified from any designing university, minimum one year experiencemust be required from any designing organization. If individual fulfills the particular specificabove requirements will go through the selection process which is done by their panel BOD andafter the completion of selection process the training is provided.Purpose: Its major function is to select the right candidate for the right job. It is thelawful process performed by the HR department with the final selection process by panelof BOD.Compensation Management:In compensation management employees are provided with the both monetary and non-monetary benefits. They are given to employees to motivate them for their job task. HumanResource department of Burberry provides its employees the monetary benefits in the form of -extra working hours, PF, ESIC on the individual performance in the company. They alsodesigned the schemes for non- monetary benefits which includes Insurance, medical facilities,Free gift cards etc.Purpose: It helps the company to motivate their employees to work effective andefficiently for the company. This benefits helps the Burberry to enhance their employeesstability for long time. This benefits helps to boost up the morale of the employees.Burberry also keeps in mind the needs and requirement of its employees so somehow itsalso a beneficiary step for its employees needs fulfillment which somehow directly upliftsthe company's growth and profit.P2 -Strength & weakness of recruitment and selection approachesInternal Approaches :STRENGTHWEAKNESS1. PromotionIt is the process where employeespromoted to the higher position1. PromotionThe demerit of this method is that ifexternal candidates are promoted2
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