Assignment on Functions and Purpose of Human Resource Management : Marks and Spencer

Added on - 06 Jun 2020

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Human ResourceManagement
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1: Purpose and Functions of HRM applicable to resourcing and workforce planning.............1P2: Weaknesses and Strengths of various approaches to recruitment and selection..................4TASK 2............................................................................................................................................6P3: Advantages of various HRM practices in an organisation...................................................6P4: Effectiveness of various HRM practices in context of increasing organisational profit anddevelopment................................................................................................................................9TASK 3............................................................................................................................................9P5: Importance of employee relations in order to influencing HRM decision-making..............9P6: Key elements of employment legislation............................................................................10Impact of employee legislation on HRM decision-making......................................................11TASK 4..........................................................................................................................................11P7: Application of HRM practices in work-related context......................................................11CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
INTRODUCTIONHuman Resource Management is formed with an objective of recruiting and developingemployees so as to get maximum support from them in achieving desired goals and objectiveswithin short period of time. As it is obvious that improvement in skills and knowledge ofemployees will make positive impact on the overall performance of an organisation. Therefore,HR manager and leaders plays an important role in growth and success of employees as well asan organisation. The present assignment report is based on Marks and Spencer, a multinationalretailer company of UK which deals in providing multiple products such as clothing, home andexpensive food products across worldwide. The project covers the functions and purposes ofHuman resource management along with the merits and demerits of HRM practices. Importanceof employee relation in order to influence decision making of HRM has also been discussedunder this report (Dacin, Dacin and Matear, 2010).TASK 1P1: Purpose and Functions of HRM applicable to resourcing and workforce planningOverview of company:Marks and Spencer (M&S), a UK multinational company whichdeals in offering expensive clothing, home and food products across worldwide due to which thecompany attained huge customers strength. The company was founded by Sir Michael Marksand Thomas Spencer in 1984 and its headquarter is in London, United Kingdom. It has employedmore than 84,939 employees who contributes their maximum efforts in achieving growth andsuccess of an organisation (Pfeffer, 2010).Purpose and Functions of HRM:Human resource management refers to such a department which are wholly liable torecruit and develop human resources with an objective of achieving growth and success of anorganisation. The HR management of M&S performs different functions such as staffing,recruitment, selection, performance appraisal etc. in order to get skilled and knowledgableemployees for an organisation. The purpose of forming HRM is to increase productivity andprofitability of M&S through supporting employees in improving their performance. Followingare the some nature and scopes of HRM:Nature:HRM is a continuous process.1
It perform several functions such as recruitment, selection, performance appraisal etc.It is considered as valuable part of an organisation.It connects with all departments of M&S.Scopes:Conducting training and development programs to the workforce.Building self-confidence and motivation among employees.Recruiting and selection of skilled and knowledgable employees.Providing Job security to employees.There are mainly five functions performed by HRM which are given as below:Training and development:It is the responsibility of HR manager of M&S to identifylow-skilled and new employees and provide them sufficient training in order to develop theirskills and knowledge about different techniques and tools. This will help in improving theperformance of an organisation as well (Fulton and et. al., 2011).Compensation and benefits:It is important for an organisation to have confident andmotivated employees so as to get better result. Therefore, HR manager is liable to bringmotivation among them through rewarding them on the basis of their performance. There arevarious benefits the company can provide to their employees:Flexibility on working hoursPaternal and maternal leaveProviding holidaysPerformance appraisal:HR manager is liable to admire the performance of employeesafter identifying more skilled and knowledgable employees.Planning:Before implementing something for the betterment of employees as well as anorganisation, HR manager should required to make an effective decision and plans so as toachieve desired goals and objectives within limited period of time.There are various activities HRM need to performed which are as below:Recruitment and SelectionMaking suitable plans and strategies for M&S.Bringing motivation and self-confidence among employees.Create communication channel so as to communicate employees.Best fit approach v/s Best practice2
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