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HUMAN RESOURCE MANAGEMENT IN BUSINESS ORGANIZATION REPORT 2022

   

Added on  2022-09-21

7 Pages2137 Words21 Views
RUNNING HEAD: HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT
Name of the Student:
Name of the University:
Author’s Note:

HUMAN RESOURCE MANAGEMENT1
Table of Contents
Introduction:....................................................................................................................................2
Company overview:.........................................................................................................................2
Purpose of the HR functions:...........................................................................................................2
Assessment of the HR function of M&S:........................................................................................2
Workforce planning:....................................................................................................................3
Recruitment and selection:..........................................................................................................3
Training and development:..........................................................................................................3
Performance management:..........................................................................................................3
Reward system:............................................................................................................................3
HRM approach of Mark & Spencer:...............................................................................................3
Employment legislation:..................................................................................................................4
Conclusion:......................................................................................................................................4
References:......................................................................................................................................6

HUMAN RESOURCE MANAGEMENT2
Introduction:
HRM, a strategic approach, helps a business organisation to manage its people in the
company. HRM of a company has the responsibility to manage the human resource of the
company to achieve the organisational objectives. This report teams to explain the purpose and
scope of HRM. The approach of workforce planning, recruitment & selection, development and
training, performance management and reward system of organisation will be analysed. The
HRM approach of Mark & Spencer will be analysed in this report.
Company overview:
` Mark and Spencer group, a UK based global company headquartered in Westminster,
London, was formed in 1884 by Michael Marks and Thomas Spencer (Mark & Spencer 2020).
As a leading British retailer, this organisation offers quality products with great value such as
clothing, food, homeware, and other products to its customers. Steve Rowe is the present CEO of
this organisation (Mark & Spencer 2020). The mission of this company is “to make aspirational
quality accessible to everyone through the depth and range of its products” (Mark & Spencer
2020). The vision of this company is “to create a sustainable business by constant, profitable
growth to meet the accountability of this company to its stakeholder” (Mark & Spencer 2020).
Quality, service, trust, value and innovation are the core values which are followed by Mark &
Spencer. In 2019, the number of employees of these companies was 78,597 (Statista 2019). The
total revenue of this company in 2019 was 10.4 billion British pounds (Sabanoglu 2019).
Purpose of the HR functions:
The purpose of HR functions for a business organisation will be discussed in this part. The
HR department has to maintain the process of recruiting, selecting, hiring and training the
workforce. These functions are significant for a company. Without these HR functions being
completed, a company cannot meet its objectives (Keegan et al. 2018).
The HR department has to ensure that the business operates compliance with all labour
laws
The primary responsibility of the HR department of a company is to maintain recruiting
and training.
For record-keeping, a business organisation relies on the HR department.
The HR department of a company has to maintain smooth payroll and benefits for the
employees (Keegan et al. 2018)..
Employer and employee relations are maintained by the HR department. The HR
department has the responsibility to communicate the employer and employee of a
company.
HR department to fix the employee performance development plan. The HR department
of a company has the responsibility to support the struggling employees to improve their
skills (Keegan et al. 2018).
Assessment of the HR function of M&S:
In this part, the HR function of M&s will be analysed. The workforce planning,
recruitment and selection, development and training, performance management and reward
system of M&S will be examined in this part. The way, the authority of Marks & Spencer
control its HR functions to achieve its objectives will be analysed in this part.

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