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Human Resource Management Assignment Solved - Marks and Spencer (M&S)

   

Added on  2020-11-12

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Human resource management1
Human Resource Management Assignment Solved - Marks and Spencer (M&S)_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3Explain the purpose and functions of HRM, applicable to workforce planning and resourcingan organisation.............................................................................................................................3Explain the strengths and weaknesses of different approaches to recruitment and selection......5TASK 2............................................................................................................................................7Explain the benefits of different HRM practices within an organisation for both the employerand employee...............................................................................................................................7Evaluate the effectiveness of different HRM practices in terms of raising organisational profitand productivity...........................................................................................................................9TASK 3..........................................................................................................................................10Analyse the importance of employee relations in respect to influencing HRM decision making....................................................................................................................................................10Identify the key elements of employment legislation and the impact it has upon HRM decisionmaking........................................................................................................................................11TASK 4 .........................................................................................................................................13Illustrate the application of HRM practices in a work-related context, using specific examples. ....................................................................................................................................................13CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................17.......................................................................................................................................................182
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INTRODUCTIONHuman resource management refers to the practice with the help of which organisationbuilds positive relationship with the employees in order to retain them for long duration of time.It is also considered as the strategic which contributes in gaining competitive advantage atmarket place (Banfield, Kay and Royles, 2018). Present report is based on Marks and Spencer,which is a British Multinational retailer and established in 1884. The company offers luxury foodproducts, clothing and home products. This report includes discussion about purpose andfunction of HRM practices while planning for workforce. It also describes strength and weaknessof different approaches of recruitment and selection. Along with this, benefits of HRM practicesfor employer as well as employee are going to be discussed. Importance of employee relation inHuman resource management practice will be elaborated. It further illustrates impact ofemployment legislation on HRM practices. At last, the report will specify how HRM practicesactually apply in work related context. TASK 1Explain the purpose and functions of HRM, applicable to workforce planning and resourcing anorganisation.Human resource management is considered as the essential department of the company asit helps in improving working capability of the employees in more effective manner. As a result,HRM practices enhance productivity of the workforce and contribute in achieving targeted goalsand objective of the company. Marks and Spencer is renowned retailer across the world thatavails its best quality services to its customers. For maintaining this goodwill of the company, itis required by its human resource manager to execute its all of the job related function likeproviding effective training to the staff so that they will provide best services to its customersand satisfy them the most (Bratton and Gold, 2017). Some of the main function which arerequired to be performed by HR manager are described as below:Functions of HRMRecruitment and Selection: It is most common and important function of HR departmentas it helps company in hiring best qualified and suitable candidates who will perform their jobresponsibility effectively. In this, function HR manager includes responsibility of selecting orfinalising those candidates who has ability to perform job responsibility of the company in3
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effective manner. In relation to Marks and Spencer, it is required by its HR department toanalyse actual demand of work force within the company and then go various recruitmentmethod with the help of which they can select most deserving candidate among pool ofapplicants (Brewster, Brookes and Gollan, 2015). As a result, these selected employees willfurther contribute in achieving targeted goals and objective of company effectively. Training and Development: In this function of the HR department provides training tothe existing staff of the company so that they can enhance their skills and improve their workingcapability in order to achieve targeted goals and objective of the company. In context to Marksand Spencer, it HR manager conducts training session for the existing employees at regularinterval. This training session might vary from one individual to another on the basis of the jobresponsibility. Compensation & Benefits: It is part of responsibility list of HR manager to providecompensation benefits to its existing staff member. This includes monetary benefits towards theemployees on the basis on the basis of their designation and post. HR manager of Marks andSpencer is required to convey information of benefits to employees at regular based interval sothat they can its advantage within same period of time. This function builds positive relationshipamong employees and HR department and motivates them to perform their expected job role ineffective manner. Performance Appraisal: This function of HR department states that final motivationwhich can influence and retain employee is appraisal. In relation to Marks and Spencer, it isrequired by its HR manager to monitor performance of employees at regular basis in order toidentify the most hard-working employee who actually deserves appraisal for their effective andnoticeable performance (Brewster, 2017). This function of HR manager motivates employeesand improves their productivity level at highest level. Purpose of HRM The main purpose of human resource management is to enhance working capability ofemployees in order to achieve targeted goals and objective of the company. This can be doneeffectively by building positive relationship among organisation as well as employees. For this,HR manager of the company puts all the possible methods to retain employee for long durationof time with the monetary benefits. 4
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