Human Resource Management Report - ALDI

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Added on 2020-07-22

Human Resource Management Report - ALDI

Added on 2020-07-22

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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

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INTRODUCTIONHuman resource management can be defined as the business practice of recruiting anddeveloping human resource so that they can contribute more valuable efforts in achieving desired goals and objectives of an organisation. Thus, it involves various activities and practices 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 as employees. Aldi, a company which deals in providing grocery products to the people of UK and across worldwide is taken for the purpose of preparing this report. The project summarises the purpose and functions of human resource management along with the benefits and effectiveness of HRM practices in increasing productivity and profitability of company. Importance of employee relation and key elements of legislation act of employees are 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 the solely responsible to develop the skills and knowledge of employees through organising for them 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 to take care needs and requirements of human resources through which they can motivate them to perform well. Therefore, HR manager should required to collect feedbacks in order to find out problems which restrict employees in giving their maximum efforts and accordingly implement corrective measures and practices to eliminate them and maximises the satisfaction level of employees (Daley, 2012). Thus HRM performs several functions which are as follows:Recruitment and selection: It is first and foremost function HR manager to perform as through recruitment and selection process, the company can able to get skilled and qualified employees. Recruitment is the process of inviting candidates to apply for job and take participate in interviews sessions to get job in company. On the hands, selection is the process of giving employability to skilled and knowledgeable candidates after passing all

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interview sessions and requirements needed by company. These all activities should be done by 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 get interaction with other employees and adjust in new environment where they should work. In such orientation, all the aims, vision, mission and objectives of Aldi are defined by HR managers to the new employees along with rules and policies of company. Maintain good working condition: HR manager is wholly responsible to provide healthy atmosphere to employees at workplace so that no hindrances can stop employees to perform well. Working in healthy working condition ensures in getting maximum possible outcomes thus HR manager of Aldi need to focus on conducting activities for the betterment of employees (Flamholtz,2012).Managing employee relation: Employees are considered as a valuable asset to company on which the growth and success of an organisation depends. Therefore it is important for HR manager to maintaining healthy relation with them through communicating and helping them in performing allotted activities. For this, ALDI need to organising interaction programs and games etc. in order to maintaining good relation between managers and 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 and capabilities of employees through which they can contribute more effort in increasing the performance of an organisation. Thus, training and development programs should be by company on continuous basis.Finance – In order to achieve maximum returns from the market it is important that the best mode of sourcing and investing finance is used as it determines the productivity of business. Through marketing the different options are evaluated and hence the best suitable variety is chosen and hence profit margins of an enterprise is raised.Promotion – To maximise sales it is of great importance that the goods and services are marketed using the best mode of advertisement. Officials of marketing department take care that they choose such platforms through which maximum share of customers can be reached.

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