Benefits of HRM Practices for Employer and Employee

Human Resource
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation......................................................................................................1
P2 Explain the strengths and weaknesses of different approaches to recruitment and selection.
................................................................................................................................................2
TASK 2............................................................................................................................................6
P3 Explain the benefits of different HRM practices within an organisation for both the
employer and employee..........................................................................................................6
P4 Evaluate the effectiveness of different HRM practices in terms of raising organisational
profit and productivity............................................................................................................7
TASK 3............................................................................................................................................9
P5 Analyse the importance of employee relations in respect to influencing HRM decision
making....................................................................................................................................9
P6 Identify the key elements of employment legislation and the impact it has upon HRM
decision making....................................................................................................................10
TASK 4..........................................................................................................................................11
P7 Illustrate the application of HRM practices in a work related context, using specific
examples...............................................................................................................................11
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Human resource management is considered as a series of decision that may affect
relationship of employer and staff. Moreover, this effects various constituencies and is aimed to
influences the efficiency of both manager and workers as well (Definition of HRM, 2020). The
fundamental objective of human resource management is to assure that competent employees are
available into entities. As per the scenario, the undertaken company for this report is Travelodge
Hotels Limited which is a private firm that operates into hospitality sector across UK. It was
established in year 1985 and having headquarters is in Thame, England, United Kingdom. The
topics which are going to discussed in this report are purpose and function of workforce
planning, HRM, recruitment and selection along with its benefits and drawbacks, human
resource management practices, benefits and its effectiveness. Apart form this, employment
legislation and its impact upon HRM decision making, job description and person specification
are also described in this report.
TASK 1
P1 Explain the purpose and the functions of HRM, applicable to workforce planning and
resourcing an organisation.
Human resource management is regarded as managing human capital which are liable to
improve and implement organisational strategies and policies. So, Travelodge Hotels Limited is
a renowned firm that undertake employee as lifeblood of its hotel.
Workforce planning and resourcing
Workforce planning is considered as the method of examining, participating as well as
planning personnel demand and supply, evaluating gaps and ascertaining targeted talent
management interventions for assuring that a firm have effective individuals with appropriate
skills at proper place in right time as this assists entity to accomplish their mandate and strategic
goals effectively and efficiently (Al-Refaie, 2015).
Purpose of HRM
The HRM purpose is to handle the needs as well as problems of entities and workers. The
main intent of Travelodge Hotels Limited human resource management is to render affirmative
working atmosphere and select capable staff to attain its goals . Few more purpose are discussed
below:
1

 Training and development: This is considered as human resource function which
includes rendering training to employees so that business activities can be performed
effectually as well as become capable for attaining objectives. So , the main purpose of
this in Travelodge Hotel Limited is to enhance skills and capabilities of their staff so that
they can able to do the challenging work into any situation.
 Staffing: It is regarded as vital purpose of Travelodge Hotels Limited HRM is to hire as
well as retain the talented workers into entities. Currently, various firm face the issues
related to employees turnover as it is important for them to hire as well as opt staff that is
vital for organisation as workers retention is vital accountability of HR department.
Function of HRM
Some of Human resource management function which is performed into Travelodge
Hotels Limited are discussed underneath:
 Compensation and benefits: This is considered as an essential HRM function as in this
all staff who are performing well into entities requires compensation and benefits for its
effective performance. It is rendered in respect of salary as well as another non monetary
and monetary benefits to employees as per its work that they are performing within
entities so that they get motivated. Therefore, this function can be performed into
Travelodge Hotels Limited so that its staff may perform the task with full potential and
accomplish objective effectually.
 Performance management: It is regarded as one of an effective HRM function where
firm can able to assess it staff performance based on various basis. This aspects will aids
into workforce planning and resourcing through identifying their essential person skills
and out more efforts for retaining them. So, this function assists Travelodge Hotels
Limited to identify vital potential through utilising several techniques as well as process.
P2 Explain the strengths and weaknesses of different approaches to recruitment and selection.
Both recruitment as well as selection is vital approaches which are used by entities to
recruit as well as select proficient staff for particular job role (Ang and et. al., 2017). Into this
method, the HR department of firm formulate and execute plans and strategies to recruit
candidates at workplace either form inside or outside company.
Recruitment
2