Human Resource Management Assignment - Marks & Spencer (M&S)

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Human Resource Management
Table of ContentsINTRODUCTION..........................................................................................................................1TASK 1............................................................................................................................................1P1 Explain the purpose and the functions of HRM................................................................1P2 Explain the strengths and weaknesses of different approaches to recruitment and selection.................................................................................................................................................2P3 Explain the benefits of different HRM practices for both the employer and....................5employee................................................................................................................................5P4 Evaluate effectiveness of different HRM practices in terms of raising profit andproductivity.............................................................................................................................6TASK 2............................................................................................................................................7P5 Analyse the importance of employee relations to influence HRM decision making........7P6 Key elements of employment legislation and the impacts upon HRM decision making.8P7Application of HRM practices...........................................................................................9CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONHuman resourcemanagement refers to the strategic approach to manage employees inorder to maximize organization's productivity, so that competitive advantage could be achieved(Anderson, 2013). They play a vital role in employing, training, compensating and developingpolicies for the employees. There are several purposes and roles of HR manager towards thecompany such as staffing, recruiting, employee engagement within the organization. Marks &Spencer (M&S) is one of the major British multinational retailer which came in inception in theyear, 1884. The organization founded by Sir Michael Marks and Thomas Spencer. This reportcovers the purpose and functions of HRM along with strengths and weaknesses of differentapproaches of recruitment and selection. In addition, it also incorporated benefits, HRMpractices, employee relations, employment legislation and application of HRM.TASK 1P1 Explain the purpose and the functions of HRMHuman resource management has a crucial place in the organization because they fulfilsthe requirement of the company and employees the as well. They works as a bridge between theboth of the employer and workers because they designs the procedure to recruit the staff andprovide them training sessions sothatorganisational objectives are fulfilled. It develops theirknowledge and skills that helps them to work in the organization. M&S is clothing retailer that'swhy they needs to hire the employees to attain the objectives and goals.Purpose of HRMEmployee ManagementOne of the core purpose of HR manager is to hire and retainthe employees within the organization. They are responsible to recruit the best suitable person inM&S who have skills and educational qualification according to the job role. For an example,Marks and Spencer is an apparel store that offers a huge range of clothes if needs to manage itsfinance then it should hire an efficient person. An individual who have a degree in financemanagement and skills to manage the entire finance record as well. In order to do so, they needsto follow the process like advertising, screening and interviewing the candidates (Aswathappa,2013).Benefits management– The human resource manager is responsible to provide thebenefits to the employees. As they are working in M&S that's why the organization needs to give1
them benefits. This will help them to reduce the employee turnover because the organisation istaking care of their needs. HR provides them health insurance, retirement plans, paid time off,leave of absence and disability, Family Medical Leave Act, Worker’s Compensation,unemployment compensation.Complying with LawsThe manager needs to establish some organizational rules tohire and terminate the employees. They should establish some specific rules that indicates thatthey are providing the equal employment opportunities.The government established somelegislation like minimum working hour, minimum wages, equality act, etc. that have to befollowed by the human resource manager while forming policies and regulations(Brewster andHegewisch, 2017).Functions of HRMRecruitment– It is primary responsibility of human resource manager to recruit peoplefor the vacant position in the organisation. Numerous applications are invited inM&Ssothat there are higher chances of recruiting a suitable candidate. Then, screening theaspirants is carried out to hire the most appropriate candidate for the designation. It takesa lot of time because the manager needs to develop a job description, job posting andinterviewing the candidates to hire the required person.Training and development– After hiring the qualified candidate the manager providesthem training to them. It is important for new and existing employees because it improvesthe knowledge and skills of freshers to work in M&S. Whereas, the existing taskforce cangain new knowledge and skills to explore within the organisation.These are the purpose and functions of a human resource managers that carry out theirresponsibilities in an effective way. It manages the employees and organisational working in asystematic way that increases the productivity of the Marks and Spencer (Cascio and Boudreau,2010).P2 Explain the strengths and weaknesses of different approaches to recruitment and selection.Recruitment and selection are major responsibilities of human resource managers as theyconducts a process to hire the employees forthevacant position inthecompany.. There are twokinds of approaches for recruitment and selection that are named as internal and external. Themanager proceeds recruitment and selection process with the following criteria -2
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