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Human Resource Management TABLE OF CONTENTS [pic] [pic] INTRODUCTION Human Resource Management

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HUMAN RESOURCE MANAGEMENT TABLE OF CONTENTS [pic] [pic] INTRODUCTION Human resource management (HRM) can be refereed as management of human capital available within the entity.The main objective of HRM practices is to make best use of available efficient and skilled manpower. The HRM is a vital procedure that includes wide range of functions like recruitment, selection of individuals, rendering them orientation, training and development sessions, evaluating their performance and motivating them etc.

Human Resource Management TABLE OF CONTENTS [pic] [pic] INTRODUCTION Human Resource Management

   Added on 2019-12-04

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TABLE OF CONTENTS2
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INTRODUCTION Human resource management (HRM) can be refereed as management of human capitalavailable within the entity. The main objective of HRM practices is to make best use of availableefficient and skilled manpower. The HRM is a vital procedure that includes wide range offunctions like recruitment, selection of individuals, rendering them orientation, training anddevelopment sessions, evaluating their performance and motivating them etc. HRM also ensurethe complaints of employees are resolved on time, their is proper communication betweenmanagement and individuals etc (Bennett and Ho, 2014). Thereafter, it assist in developingskills and competencies of individuals which leads to their improved productivity and greaterprofits to business. The given study will analyse different aspects of HRM and different case studies will beevaluated in order to attain clear and well defined understanding of the subject. The study willreflect an effective analysis of HR practices which the business adopt in order to manage a well-defined position within the market. Thereafter, stages in planning human resource requirementwill be outlined. Further, link between motivational theory and reward will be provided in thecontext of Virgin Media. In addition to this aspect, methods used to monitor employeeperformance will be detailed out. Thereafter, description regarding the employment exist processwill be provided with reference to provided case study of The Chicken Master. TASK 11.1 Sainsbury is a retail organization in UK that provides effective customer servicesthrough large number of chain stores, supermarkets etc. Another organization, Best One, isa small sized retail organization in UK. To manage its human inventory, Best One is usingpersonnel management while Sainsbury is using HRM practices. The difference betweenthese two functions can be explained as follows:Personnel management HRMPersonnel management can be defined asmanagement of individuals employed within aentity. HRM can be refereed as administration ofindividuals competencies, knowledge andcapabilities. 3
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It treats workers as economic unit whoserender its services in exchange of remuneration(Purce, 2014). It regards employees as social, economic andpsychological person. It consider employees as commodity, machineand equipment that can be utilized andpurchased.It consider employee as vital resources.The individuals in personnel management areused for yielding various benefits for business.The employees are used for mutual advantagesof company, worker and its family. It use indirect communication betweenmanagement and employee.The HRM function strengthen thecommunication between individual andmanagement by using more direct channels. The major focus of management is onmonitoring the performance of employees. The main consideration of management is onnurturing the individual by meeting their needsand assuring their overall development. The personnel management is consideredautonomous from the corporation. HRM is constituted as inbuilt component of aorganization (Jiang, Lepak,, Hu and Baer,2012). It uses external control system to regulate thebehavior of employees. The employees are self manged and control bythemselves without any pressure. 1.2 The HRM function is beneficial in attaining the purpose of organization as it help indeveloping a strong, skilled and competent human inventory that further support in attaining thestrategic goals of business. The major function of HRM in Sainsbury can be described as below,Recruitment and selection: It is vital process that assist business in encouraging andselecting competent candidates for available job post. The recruitment process help indetermining the requirement of manpower in entity and stimulating the efficientindividuals to apply for the job. The selection process also help in choosing the rightperson for suited job post (Renwick, Redman and Maguire, 2013). 4
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