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(Solution) Human Resource Management Approaches Doc

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Added on  2020-12-18

(Solution) Human Resource Management Approaches Doc

   Added on 2020-12-18

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Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1 ..........................................................................................................................................3P1) Purpose and functions of HRM which are applicable to workforce planning andresourcing an organisation......................................................................................................3P2) Explain Strength and weakness of different approaches to management in recruitment andselection..................................................................................................................................6P3) Different HRM practices in an organisation which can help employees as well asemployers...............................................................................................................................9P4) Different HRM practices that help an organisation to increase in profit and productivity10P5) The importance of employee relation with respect to influencing HRM and decisionmaking..................................................................................................................................10P6) Identify the key elements of employment legislation and the impact it has upon HRMdecision-making...................................................................................................................11TASK 2 .........................................................................................................................................12P7) The application of HRM practices in a work-related context........................................12CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
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INTRODUCTIONHuman resources is a term used for describing people who work together in anorganisation and and the department who handle these individual's development and growth. In1960 when labour relations in a company began to get attention, Human resource was introducedto develop organisational behaviour, selection process of individuals and for motivatingemployees. Human resource management is used for developing and maintaining the growth ofemployees working in the organisation (Bondarouk and Ruël, 2013). Strategic HRM is afunction followed by different organisations for aligning human resource of company withregards to its goals, objectives and strategies. In this given report, various HRM functions and itsimportance is given in context to Barclays Bank which is a multinational investment Bank ofBritish headquartered in London. Hard and soft approaches of HRM and different recruitmentprocess followed by this Bank and their strength and weakness is discussed. Different HRMpractices and their contribution to company's profit and productivity is explained in this report.The later part of this report consists of importance of employee relation in HRM, key elements ofemployee legislation and application of HRM practices in a work related context.TASK 1 P1) Purpose and functions of HRM which are applicable to workforce planning and resourcingan organisationHuman resource management is defined as the practise which involves employees growthand development in the company. It includes various practices like deploying, recruiting, hiring,and overall management of employee working in the company. Every company requires to helptheir employees for growing for increasing the efficiency of the operations in the organisation.The HR department is responsible for the creation and maintenance of HR policies for theindividuals of company (Chang, Chiang and Han, 2012). Barclays Bank is a successfulorganisation which is serving since 1690. There is a necessity of providing good HRM policiesand strategies to make employees better and effective for the company. There are two types ofHRM functions used in the company which includes managerial function and and operativefunction. Managerial functions of HR are planning, organising, directing and controlling.Additionally, operative HR functions include recruitment, Job analysis, performance appraisal,training and development, salary administration, maintenance, labour relations, welfare
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administration, personal research and record of employee. These functions are explained asunder-HRM functionsPlanning: It is the primary task of HR department to evaluate the number and need ofemployees that are required to work in the organisation to achieve it's goals and objectives. Thisinvolves a research which helps analysing, collecting and evaluating present as well as futureneeds of Barclays Bank. Directing: Human resource management of Barclays Bank makes their employees moreproductive and effective in maximising company's profit. Different motivational activities areplanned to make people work hard and achieve their goals in specified time (Costea, Amiridisand Crump, 2012). Work of employees in bank is full of pressure and stress therefore HR teamorganises various programs and activities to relax them. Recruitment: This is the most important function of Human resource management torecruit and select the best candidate who is suitable for working in the organisation. The humanresource management takes special care in hiring good and flexible individuals that can work fororganisation effectively and make more profits to company. Training and development: Barkley's Bank human resource management ensures toprovide various trainings to its employees. These trainings are given to individuals for theirbetterment and growth. Some of the trainings provided in this bank are career developmentprograms, Motivation speeches,etc. It also organises seminars for employees on how to beeffective while working under pressure and how to be proactive at workplace. Purpose of HRMTraining and development- It is necessary for human resource management to organiseand provide effective trainings and development programs to individuals for increasing theirmotivation level at job (Durão and et. al., 2012). There are two types of trainings given toemployees working in Barclays bank that include on the job training and off the job training. Planning for developing competencies- Barclays bank's human resource managementintegrates the business strategy with the human resource planning. By doing this, current skillsand abilities of employees is analysed in accordance to goals of organisation. If the individualslack required skills then HRM organises plans to develop those abilities and skills.
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