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Report On Posh Nosh Limited - Functions Of Human Resource Management

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Added on  2020-02-03

Report On Posh Nosh Limited - Functions Of Human Resource Management

   Added on 2020-02-03

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HUMAN RESOURCE MANAGEMENT
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Table of ContentsINTRODUCTION......................................................................................................................1TASK 1......................................................................................................................................11.1 Difference between personnel management and human resource management..............11.2 Function of the human resource management in contributing to organisational purposes................................................................................................................................................21.3 Role and responsibilities of line managers in human resource management...................31.4 Impact of the legal and regulatory framework on human resource management............3TASK 2......................................................................................................................................42.1 Reasons for human resource planning in organisations...................................................42.2 Stages involved in planning human resource requirements.............................................42.3 Recruitment and selection process in two organisations..................................................52.4 Effectiveness of the recruitment and selection techniques in two organisations.............5TASK 3......................................................................................................................................63.1 Link between motivational theory and reward.................................................................63.2 Process of job evaluation and other factors determining pay..........................................63.3 Effectiveness of reward systems in different contexts.....................................................73.4 Methods organisations use to monitor employee performance........................................8TASK 4......................................................................................................................................84.1 Reasons for cessation of employment with an organisation............................................84.2 Employment exit procedures used by two organisations.................................................94.3 Impact of the legal and regulatory framework on employment cessation arrangements..............................................................................................................................................10CONCLUSION........................................................................................................................10REFERENCES.........................................................................................................................11
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INTRODUCTIONHuman resource management is the process of managing people in a well-organisedand structured manner. In the recent times, severe competition at the market place hasmodified the role of human resource manager to successfully compete with others and remainin the competition. The demand of skilled and knowledgeable person is also increasing as thedemand of human resource managers increasing. Most of the companies are facing problemrelated to the gap between the actual existing persons employed by the company and therequired workforce. In order to gain competitive advantage companies are required to focuson activities related to human resource management. Company together with human resourcemanager have to comply with all the new policies and practices of HRM because of thechanges in labour law. The below report illustrates some of the functions of HRM in smalland medium enterprises as Posh Nosh limited which is newly forming HR department. TASK 11.1 Difference between personnel management and human resource managementPersonnel management is a traditional method of managing persons present in thecompany. Whereas, Human Resource Management is a modern way of managing personnelemployed by the company. In other words human resource management is an advancedversion of personnel management with some modifications, carve in and carve out. In recenttimes, personnel management has completely switched to new version of human resourcemanagement (Need, 2006). The main differences between old and new system are as follows:Basis for comparisonPersonnel management HumanresourcemanagementMeaningThe main function is relatedto pay scale andremuneration and otherfunctions as stated underemployment laws. The functions are broad asfrom planning recruiting,directing, managing, andcontrolling humans underemployment by company. Purposes type Monotonous functionsStrategic and detailedfunctionsTraining Less training andqualification needed.Trained employee needed tomanage and this systemprovides more developmentopportunities Action related to manpowerIn order to achieve desiredHuman resource is treated as1
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output, employees aretreated as an inputa valuable asset of thecompany. Remuneration basis Through evaluating job Throughanalysingperformance of an employeeAuthority to take decisionDecision making authoritylies with the top levelmanagement only Employees are invited totake participation in decisionmaking MethodsTraditional or outdatedModern and advancedFrequency of decisionmaking SlowFaster than traditionalmethodDesigning of jobThrough groups of labourOn the basis of teams andgroupsIt is determined from the above differences as adopting the human resourcesmanagement in the company will increase the overall efficiency of Posh Nosh Limited.Further, there will be misunderstanding and confusion in the company if there is no any directcommunication between managers and employees (Armstrong and Taylor, 2014). 1.2 Function of the human resource management in contributing to organisational purposesThe main functions of human resource management is recruiting right person for theright job at right time, delegating appropriate work to an employee on the basis of skills andabilities possessed by that employee, and the last main function is to provide adequateremuneration to employees after duly evaluating their performance. One wrong personappointed by the company may reduce the overall productivity of the Posh Nosh limited ashuman resource is considered as a valuable asset of the company. The basic objective ofhuman resource management is to improve the productivity of the company by augmentingthe effectiveness and efficiency of the human resource of an organisation. As a result theirdistribution is also a strategic decision which should be taken after duly authorisation.Because of this, providing remuneration after analysing all the aspects is a critical function ofHRM (Yahya and Goh, 2002).In addition to above functions, the next main function of HRM is to delegate work toemployees on the basis of their skills, knowledge, ability, and experience. It is recommendedto provide short training to employees before assigning them their job task. This createsenthusiasm among newly appointed staff and motivates them to contribute their best to thecompany. However, it is also very much required to communicate corporate goals, objectives2
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