Human Resource Management Report - ALDI

Added on - 21 Jul 2020

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Human Resource Management
ContentsINTRODUCTION.....................................................................................................................................3TASK 1....................................................................................................................................................3P1: Purpose and functions of Human Resource Management..........................................................3P2: Strength and weaknesses of different approaches to recruitment and selection.......................5TASK 2....................................................................................................................................................6P3: Benefits of HRM practices within an organisation.......................................................................6P4: Effectiveness of HRM in increasing productivity and growth.......................................................8TASK 3................................................................................................................................................9P5: Importance of employee relation in decision making..................................................................9P6: Key elements of legislation act of employees............................................................................10TASK 4..................................................................................................................................................11P7: Different application of HRM practices......................................................................................11CONCLUSION.......................................................................................................................................12REFERENCES.........................................................................................................................................13
INTRODUCTIONHuman resource management can be defined as the business practice of recruiting anddeveloping human resource so that they can contribute more valuable efforts in achievingdesired goals and objectives of an organisation. Thus, it involves various activities andpractices such as training and development programs, recruitment and selection, performanceevaluation, rewards etc. Every organisation should require to have skilled and knowledgeableHR manager who perform such HRM activities and provide company a valuable asset asemployees. Aldi, a company which deals in providing grocery products to the people of UKand across worldwide is taken for the purpose of preparing this report. The projectsummarises the purpose and functions of human resource management along with thebenefits and effectiveness of HRM practices in increasing productivity and profitability ofcompany. Importance of employee relation and key elements of legislation act of employeesare also discussed under this report (Cox,Arnold and Tomás, 2010).TASK 1P1: Purpose and functions of Human Resource ManagementHuman resource management is formed in an organisation with a motive of managingand controlling the activities done by the employees working in an organisation. They are thesolely responsible to develop the skills and knowledge of employees through organising forthem suitable training and learning program on regular basis with a hope of getting maximumcontribution from them in achieving desired goals and objectives. It is always important totake care needs and requirements of human resources through which they can motivate themto perform well. Therefore, HR manager should required to collect feedbacks in order to findout problems which restrict employees in giving their maximum efforts and accordinglyimplement corrective measures and practices to eliminate them and maximises thesatisfaction level of employees (Daley, 2012). Thus HRM performs several functions whichare as follows:Recruitment and selection:It is first and foremost function HR manager to performas through recruitment and selection process, the company can able to get skilled andqualified employees. Recruitment is the process of inviting candidates to apply for job andtake participate in interviews sessions to get job in company. On the hands, selection is theprocess of giving employability to skilled and knowledgeable candidates after passing all
interview sessions and requirements needed by company. These all activities should be doneby HR manager with a motive of getting valuable human resource to company.Orientation:This is the process of providing an opportunity to new candidates to getinteraction with other employees and adjust in new environment where they should work. Insuch orientation, all the aims, vision, mission and objectives of Aldi are defined by HRmanagers to the new employees along with rules and policies of company.Maintain good working condition:HR manager is wholly responsible to providehealthy atmosphere to employees at workplace so that no hindrances can stop employees toperform well. Working in healthy working condition ensures in getting maximum possibleoutcomes thus HR manager of Aldi need to focus on conducting activities for the bettermentof employees (Flamholtz,2012).Managing employee relation:Employees are considered as a valuable asset tocompany on which the growth and success of an organisation depends. Therefore it isimportant for HR manager to maintaining healthy relation with them through communicatingand helping them in performing allotted activities. For this, ALDI need to organisinginteraction programs and games etc. in order to maintaining good relation between managersand employees.Training and development:It is important part of HRM practices which is essentiallyrequired to be conducted by HR manager of Aldi as it helps in enhancing skills andcapabilities of employees through which they can contribute more effort in increasing theperformance of an organisation. Thus, training and development programs should be bycompany on continuous basis.Finance– In order to achieve maximum returns from the market it is important thatthe best mode of sourcing and investing finance is used as it determines the productivity ofbusiness. Through marketing the different options are evaluated and hence the best suitablevariety is chosen and hence profit margins of an enterprise is raised.Promotion –To maximise sales it is of great importance that the goods and servicesare marketed using the best mode of advertisement. Officials of marketing department takecare that they choose such platforms through which maximum share of customers can bereached.
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