Human Resource Management of H&M

Added on -2020-07-23

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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 and effectively. H&M is a retail store which offers different variety of cosmetics,
footwear for various segments including children, women and teenagers. It is operated in all
over the globe. This project is talking about purpose and functions of human resource
management, strength and weakness of different approaches of recruitment and selection,
advantages to manager and employee through staff recruitment methods, assess the
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
can achieve their goals and vision which ultimately results in achieving the company's
objectives.
TASK 1
P1 Objectives 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
different methods and procedures of working in the company. This helps in 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
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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 aim is 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 (Bratton and 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 on their work. They interact with each
other, understand their views and opinions and thinking which 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 (Brewster and 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
the employees, setting benchmarks, giving them compensation, training and developing,
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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 tasks and 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. It directly leads to achievement of
organisation's objectives.
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