Human Resource Management ( HRM) Assignment
12 Pages3012 Words120 Views
Added on 2020-05-04
Human Resource Management ( HRM) Assignment
Added on 2020-05-04
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Running Head: HRM 1Human Resource Management
HRM2ContentsIntroduction:...............................................................................................................................................3HR functions in a contemporary business environment:.............................................................................3Planning related to Human Resource management:...................................................................................5HR planning and Policies:........................................................................................................................5HR practices and management of performance:.........................................................................................7Influence of employment Legislation on HR practices:................................................................................9Pay & wages:...........................................................................................................................................9Contracted working times:......................................................................................................................9Conclusion:................................................................................................................................................10References:................................................................................................................................................11Introduction:Human resource management in organization mainly focuses on the matters related to employeessuch as recruiting, managing, and directing the people who work within the organization. Human
HRM3Resource management mainly deals with the issues related to compensation, performance of themanagement, development of organization, safety of employees, employment rights, wellness,benefits, employee motivation, training and others. In other words, HRM department playstrategic role in managing the people and also the workplace culture and environment (Guest,1999; Wright & McMahan, 2011). If HRM departments work effectively then it greatlycontributes to the success of the company. This paper discusses the people management issues faced by the GTR, how GTR can implementa sustainable HR planning, development activity which must be employed by GTR, andprovisions related to employment legislation. Lastly, paper is concluded with brief conclusionwhich also contains the recommendations for the GTR. HR functions in a contemporary business environment:GTR facing various issues related to employees management, but two most severe issues facedby GTR are stated below and this section also state that how HR department can proactivelymanage that issue:Pay Roll Issue: responsibility related to payroll system falls between the remits of the accountand human resource department, and this department commonly face the issues of accuratepayment to the staff. It is the duty of organization to maintain the satisfaction level of employeesrelated to their wages and remuneration. GTR is facing the issue related to wages and because ofthis issue employees can even opt for strike. This will adversely affect the profit as well asreputation of the company. For the purpose of maintaining the morale and prevent the future problems related to payroll, it isnecessary that HR department must consider following things while dealing with the issues:
HRM4HR professionals must ensure that they are paying competitive pay rates for the purposeof attracting and retaining the right talent in the organization. For this purpose they cancompare their rates with the rates published in surveys and rates paid by their competitorsin the market. HR department must consider the legal provisions while deciding their payroll systemand managing the compensation programs. For the purpose of being competitive withexternal environment it is necessary that payment made to employees must be equalwithin the organization. Usually, company pays more too high performers as compared toothers which create pay difference between the employees within the organization anddisturbs the satisfaction level of employees (Ruhland, 2015). Growing burden of Work: Another issue faced by organization, while managing the people atworkplace is maintaining the work life balance of employees in the organization. Excessworkload is the issue which is faced by the employees and it makes the situation worst in thiseconomic challenging environment. GTR is also facing this issue by introducing the scheme ofDOO and train drivers are not ready to opt for this scheme, as they argued it will causedisruption in their work life balance. Work life balance is considered as an approach which ensures that time of the employees mustbe efficiently split between the work and other important aspects of their lives. HR departmentcan resolve this issue effectively by suing following methods:HR department must conduct training and development process in the organization, andsuch training and development program must include Personal Effectiveness,management of time, finding the perfect balance of life, approach which is mindful in
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