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HUMAN RESOURCE MANAGEMENT
Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1 Objectives and functions of human resource management...............................................1 M1 Functions and purpose of human resource management...........................................................1 P2 strengths and weakness of recruitment and selection of employees.................................1 TASK 2............................................................................................................................................1 P3 Benefits of HRM practices within an organisation..........................................................1 P4 Effectiveness of HRM practices to raise profit and productivity......................................2 D2 Evaluate practices of HRM and applications with specific example...............................1 P5 Importance of employee relation in influencing HRM decision making..........................1 M4 Key aspects of employees relation management and employee legislation that affect in making decisions....................................................................................................................3 TASK3.............................................................................................................................................3 P6: Key elements of employment legislation and the impact on HRM decision making......3 P7: Applications of HRM practices in aspect to H&M:-......................................................5 D3 Evaluate employee relations and applications of practices of HRM which impact in making decisions of organisation...........................................................................................8 CONCLUSION................................................................................................................................8 REFERENCES................................................................................................................................9
INTRODUCTION Human resource management is managing people and resources in organization through training, development, evaluating performance of employees, motivating and compensation. It helps workforce to maintaining good relationship with one another and for their welfare and safety(Armstrong and Taylor, 2014). Through this staff members can perform their work efficiently andeffectively. H&M is a retail store which offers different variety of cosmetics, footwear for various segments including children, women and teenagers. It is operated inall overtheglobe.Thisprojectistalkingaboutpurposeandfunctionsofhumanresource management, strength and weakness of different approaches of recruitment and selection, advantagestomanagerandemployeethroughstaffrecruitmentmethods,assessthe effectiveness of raising the profit and productivity of organization,relations between workers and elements of employment legislation which have impact on human resources decisions, use of these practices in the work and firm with examples. Firm follows these practices such as appoint members for job, selects, trains, motivates, compensate them so that they can perform better in the organization. Thus it can retain good employees, achieve more profits and can perform well in the long run (Berman and et. al., 2012). Employees can work efficiently and effectively and canachievetheirgoalsandvisionwhichultimatelyresultsinachievingthecompany's objectives. TASK 1 P1Objectives and functions of human resource management There are different scope and functions of human resource management through which company can recruit, select, train, motivates employees to perform better in the organization and leads to achievement of firm's objectives. H&M company has various objectives which are applied in its firm (Objectives and Functions of HRM,2014).First objective is of organization which includes human resource planning means the no of employees required in the firm, then it make plans and policies for recruitment and receive applications from all people and selects people who have required qualification for the job,gives them training so that they can learn differentmethodsand proceduresof working in the company. Thishelpsin developing employees to perform better with their full efficiency. Second purpose is that to place the employees at their positions,evaluate their work and performance and motivates them to perform 1
better. Staff members can achieve more targets and objectives through encouragement, praise and they can perform more efficiently and effectively. Thus members move in right direction by receiving advices from their employer (Boxall and Purcell, 2011)Brattonand Gold2012Brewster and Hegewisch2017. They can also give feedback and suggestions related to planning and recruitment of people which helps managers in the selection process. Third aimis that giving workers the compensation according to their work and performance. This helps in inducing them in performing better. They have a feeling of competition to achieve more and better targets which ultimately results in good work of employees. Thus organization also performs better in the long run. Fourth goal is the to increase the workers job satisfaction by giving them fair pay and treatment. Through receiving of incentives, bonuses it increases the zeal, energy, enthusiasm of staff members to perform better and results in accomplishing more targets. Thus members can actually realize their skills and potential and they feel contended by getting wages according to their abilities (Brattonand Gold, 2012). Company has make different plans, policies for regulating behaviour of employees inside and outside the firm. Workers can become disciplined and punctual in their jobs which have positive impact ontheir work. They interact with each other, understand their views and opinions and thinkingwhich helps in reducing the conflicts, disputes in firm to increase productivity of staff members as well as for the organization. This results in maintaining good relationship with employees and the management which helps in achieving the goals of company. H&M company performs different functions- It includes five steps. First stage includes planning which means making of plans, policies and procedures for achieving the goals of the organization. Company can make objectives and targets of different employees so that they can know in which direction they had to move and helps them in accomplishing their mission. Thus it helps managers also to manage the employees and firm (Brewsterand Hegewisch2017).Second step includes organizing which means allocating different resources to various workers to complete the task. Staff members can delegate their work and authority to various subordinates,communicate them to achieve their goals .This helps in proper coordination in jobs which results in improving the performance of workers as well as of the firm. Thirdly includes Staffing which means recruiting and selecting theemployees,settingbenchmarks,givingthemcompensation,traininganddeveloping, 2
evaluating performance of the staff members to work better. This helps the company to check progress in the business activities in the job to achieve their targets. Fourth and fifth includes directing and controlling. Leading means guiding, supervising and motivating them to achieve their goal and targets which results in their satisfaction. It leads to increase in energy, enthusiasm, zeal of workers to complete their tasksand for delivering good results in minimum time which increases the productivity(Budhwarand Debrah, 2013). Last step includes controlling which means setting standards of employees comparing actual performance of members with standards set,and if there are any deviations, find corrective actions to improve those variations. Managers give different ways to workers to correct their methods so that they can work with their full efficiency. Itdirectly leads to achievement of organisation's objectives. 3
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