Human Resource Management System (doc)
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Added on 2020-12-09
Human Resource Management System (doc)
Added on 2020-12-09
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Human ResourceManagement
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Purpose and functions of HRM that are applicable to workforce planning and resourcing...1P2 Strengths and weaknesses of different recruitment and selection..........................................2TASK 2............................................................................................................................................4P3 Benefits of different HRM practices for employee and employer.........................................4P4 Evaluation of effectiveness of HRM practices in terms of raising profit and productivity....5TASK 3............................................................................................................................................5P5 Analysis of important of employee relations in respect to influencing HRM decisionmaking..........................................................................................................................................5P6 Identification of the key elements of employment legislation and its impacts upon HRMdecision making...........................................................................................................................6TASK 4............................................................................................................................................7P7 Application of HRM practices in a work related context.......................................................7CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONHuman resource management is an effective approach to manage the staff members atwork place. It is beneficial for the organisations as it help to accomplish business goals such asachieving competitive advantage, profit and productivity maximisation by recruiting skilledemployees. In order to be a successful business entity effective management of human resourceis the key element which should be focused by top executives (Al Ariss, Cascio, and Paauwe,2014). The enterprise which is selected for this report is Aston Martin which is a Britishmanufacturing company of sports cars. The company was founded in year 1913 by Lionel martinand Robert Bamford. This assignment covers various topics such as purpose and functions of HRM, their rolesand responsibilities, strengths and weaknesses of recruitment and selection, effectiveness of keyelements of HRM etc. Analysis of internal and external factors that are affecting HRM decisionmaking, employment legislation and application of HRM practices in work related context is alsodiscussed under this report.TASK 1P1 Purpose and functions of HRM that are applicable to workforce planning and resourcingOverview of Aston Martin: Aston Martin is a manufacturing company which isexecuting its business all around the world. The organisation was founded by Lionel Martin andRobert Bamford in year 1913. Currently the business is operated by the enterprise with the helpof 3000 employees. Its headquarters are in Gaydon, Warwickshire, England, UK. Net income ofthe company is around 79 million pound (Overview of Aston Martin, 2019).Workforce planning: The process which is used to align needs and preferences of thecompany in order to make sure that all the legal requirements are fulfilled by the organisation(Workforce planning, 2019). There are various types of functions that are performed by AstonMartin for workforce planning. All of them are described below:Human resource management: The process in which all the work force of theorganisation is managed by the HR manager is called human resource management. For all thelarge as well as small business entities it is very important to conduct it is an appropriate mannerso that predetermined goals can be achieved successfully. In Aston Martin HR managers arehighly concerned with this procedure as they focus on the productivity of whole company. There1
are various types of functions that are related to HRM (Bratton and Gold, 2017). All of themwith their purpose, roles and responsibilities are described below:Recruitment and selection: These are the main functions of HRM and main purpose ofit is to hire skilled, experienced and knowledgeable individuals for the vacant posts of AstonMartin. Role of both of them is to identify needs of the company so that all of them can befulfilled by selecting best candidates. Responsibility of this function is to make sure that rightapplicants are hired by managers of the organisation. It is also used in workforce planning andresourcing by HR of Aston Martin as it guides to find best suitable individual for the entity(Buettner, 2015).Training and development: The main purpose of this function is to enhanceproductivity of Aston Martin by increasing engagement and work quality of existing and newemployees. Training and development plays a vital role in workforce planning because both ofthem results in improved performance and satisfaction level of staff members. Responsibility ofthis function is to build consistency and increase productivity in the work of employees.Orientation: Main purpose of this function is to introduce a new worker to the existingemployees of Aston Martin and provide information regarding job. Role of orientation is toencourage confidence of new staff members and help them to adapt the occupation faster.Responsibility of this function is to contribute in effective and productive work force. In theprocess of work force planning and resourcing orientation is used to reduce anxiety and gainemployee commitment.P2 Strengths and weaknesses of different recruitment and selectionWorkforce planning:It is a continuous process in which need of the organisations thatare related human resource are analysed then different approaches are used to fulfil them. One ofthem is talent management which is used by Aston Martin in which HR managers formulatestrategic plans. All of them focuses on analysis of skills and competencies, achievement of longas well as short term goals etc. factors.Recruitment: The process in which best suitable candidates are find and hired by themanagers of the organisation is known as recruitment (Cascio, 2015). Two different types ofmethods are used by Aston Martin for this procedure. Both of them are as follows:Internal recruitment: In this method, existing workers are used to fill vacant posts ofAston Martin. Promotions, employee referral, internal advertisement etc. The HR2
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