ALDI Human Resource Management

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Added on 2020-07-22

ALDI Human Resource Management

Added on 2020-07-22

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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Motives and tasks of human resource management which are applicable to workforceplanning and resourcing..............................................................................................................1P2 Perspectives of recruitment and selection along with their advantages and disadvantages...3TASK 2............................................................................................................................................5P3 Advantages of Human resource management practices for employer as well as employees5P4 Efficacy of HRM practices in the terms of increasing organisational productivity and profit.....................................................................................................................................................6TASK 3............................................................................................................................................7P5 Employee relations and its importance in HRM decision making........................................7P6 Employment laws and its components which can impact HRM decision making................8TASK 4............................................................................................................................................9P7 Implications of human resource management practices within organization........................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONHuman resource management can be defined as a systematic approach which helps inmanaging industrial relations that can increase employee's skills in achieving competitiveadvantage. It includes various employment rules, regulations, programs and practices so thatcompany can accomplish its desired goals and objectives. Human resources are the biggestcapital of business enterprise where HRM is its strategic partner which operates work relatedactivities and practices in a systematic manner. Due to globalisation, individuals andcorporations are facing many challenges (Romney and Steinbart, 2012). Without help of talentedworkforce, no company can exist in the competitive market place. This project report is based onALDI which is known as the world's leading grocery retailers. Its is a large scale organizationand it have more than 7,000 stores in all over the world. In this report, different functions andpurposes of HRM has been explained. There are various approaches of recruitment and selectionwhich has been highlighted along with their advantages and disadvantages. Significance ofemployee relations and employment legislations in HRM decision making has also beenevaluated. TASK 1P1. Purpose and functions of human resource management applicable to workforce planning andresourcingThe main priority of CEOs and managers is to evaluate different human resourcestrategies because without this they cannot achieve organizational goals and also cannot creategood working environment within work place. According to experts, HRM practices can becalled as high performance work place practices. In current scenario, business enterprises arefacing many difficulties because of increased national and international competition. In order toenhance organisational efficiency, HR mangers should make effective and systematic strategies.ALDI is world's leading retailer organization because its gives core attention to human resourcemanagement (Leggat, Bartram and Stanton, 2011). There are various purposes of humanresource management which are follows as under:Employee motivation: This is the main motive of HRM. Human resource managermotivates employees in right direction so that they will pay attention to organisational1

growth. Positive motivation can encourage workers to contribute their hard efforts inoverall development of ALDI. Employee relationship: For making good working environment within work place, HRmangers should create positive relations with his employees. Positive relationshipbetween employer and employee can bring organizational success of ALDI. Defines policies and procedures: It is responsibility of HR people to make effectivestrategies and policies for company and also define them to their employee so that theywill perform their duties and responsibilities to consider them. Communication: Human resource management work as mediator between employer andemployees. Board of directors makes various policies, rules, regulations and decisionswhich are communicated by HRM to other staff members. In simple words, itcommunicates with workers so that they can share their problems with HR managers. Ifthere will be good flow of communication then ALDI can enhance its profitability andproductivity.Moreover, these are some major motives of human resource management of ALDI whichhelps it in managing good relationships with its employees and customers. Apart from this, thereare some major functions of HRM which helps cited company in organisational growth anddevelopment. Planning: The main role of HR manger is to make effective plans so that company canachieve its desired goals and objectives in effective and systematic manner. Humanresource planning can help in optimum utilisation of resources and also it helps inremoving production wastage. Directing and organising: Human resource management divides people into differentgroup and allocate them authority so that they can perform their tasks in most effectivemanner (Kohont and Brewster, 2014). In simple words, HR managers provides rightdirection to workers so that they can produce required results. Also, it organise each andevery individual of company according to their authority and responsibilities. Provides fair remuneration: Human resource management always give their preferenceto employees and their working conditions. So, it is responsibility of HR manager ofALDI to provide positive working environment and fair remuneration to workers. 2

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