Human Resource Management - Purpose and Function
Added on 2020-12-18
16 Pages4299 Words495 Views
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Human ResourceManagement
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Explain the purpose and the functions of HRM................................................................1M1...........................................................................................................................................2P2 Explaining the strength and weaknesses of different approaches of recruitment andselection..................................................................................................................................2M2...........................................................................................................................................3LO 2.................................................................................................................................................4P3 Benefits of different HRM practices.................................................................................4P4 Evaluating the effectiveness of HRM practices in the context of raising profit andproductivity.............................................................................................................................5M3...........................................................................................................................................5D1...........................................................................................................................................6LO3..................................................................................................................................................6P5 Presenting the importance of employee relation to influencing the HRM decision-making.6P6 Identifying the key element of employment legislation....................................................7M4...........................................................................................................................................7LO 4.................................................................................................................................................7P7 Application of HRM practices..........................................................................................7D3.........................................................................................................................................10P8 Evaluate the use of technology,online resources,digital platforms and social networking onimproving the recruitment and selection process.................................................................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONHuman Resource Management (HRM) is the simple approach to an effectivemanagement in an organization. Report main aim is to understand the importance of HRM in thefirm. The chosen company for this report is TESCO which is one of the top and leading retailcompany in UK and provide groceries, clothes to their customers. The present study explain thepurpose and functions of HRM in a quoted firm and evaluate the strength and weaknesses ofdifferent approaches of recruitment methods of HR. further report describes the benefits ofdifferent HRM practices and also evaluate the effectiveness of those HRM practices for raisingcompany's profit. Moreover, report identify different key element of the employee legislationand also illustrate the application of HRM practices by using specific examples. LO 1P1 Explain the purpose and the functions of HRMPurpose of HRM: In TESCO, the HRM purpose is to creates a bridge between the limemanagement and the company's employee. HRM also defines and implements the process aswell as policies which is necessary for the attracting the quality of the workforce. They alsoserves the internal customer management and creates better external relationship (Purpose ofHRM, 2018). Apart from this, the HRM main purpose also includes the structure employmentcontracts. Functions of HRM: HRM plays an important function in TESCO and some of them areas follows:Recruitment and Selection: It is the major function of HRM which includes thescreening, selecting the potential and qualified the candidates which are based upon theset objectives for a particular job. This process is quite important to every organizationbecause it helps to reduces the cost of mistakes such as under- qualified employees andunmotivated. Maintain good working condition: It is the main responsibilities of the HRM in order toprovide the good working conditions to every employees. Thus, they come up with newsystem in order to provide the financial as well as non- financial benefits to theemployees so that they will helps to keep engaging them into the firm.1
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