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Objectives and Functions of Human Resource Management

   

Added on  2023-01-19

18 Pages5143 Words84 Views
HUMAN RESOURCE
MANAGEMENT
1
Objectives and Functions of Human Resource Management_1
Table of Contents
INTRODUCTION ..........................................................................................................................3
LO1..................................................................................................................................................3
Objectives and functions of Human Resource Management.................................................3
Various methods of recruitment and selection.......................................................................5
LO2..................................................................................................................................................6
HRM practices followed in Microsoft....................................................................................6
LO3................................................................................................................................................10
Employee Engagement in Microsoft ...................................................................................10
LO4................................................................................................................................................12
Use of practises of Human Resource Management in context of work...............................12
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................15
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Objectives and Functions of Human Resource Management_2
INTRODUCTION
Human Resource Management refers to the process of hiring, selecting, providing the
opportunities for training and development of employees, performance appraisal, deciding
compensation and other benefits like perks etc. It also includes motivating the workers and
maintaining effective relationship with employees. Department of human resource is responsible
to perform different functions that helps to achieve the goals of the company (Kaur, 2015). The
Report is based on Chocola Fantastica which is located in UK, it provides chocolate based
greeting cards. It operates in South Wales, England. Microsoft Corporation is a technology firm.
The Report will outline purpose and importance of HRM, effectiveness of various HRM
practises. Further, it will also describe affect of internal and external factors on decision-making
of HRM and use of HRM practises in context of work.
Company Background
Chocola Fantastica is based in South Wales, UK. Company deals in offering presents and
chocolate greeting cards to the customer's across the country. The founder of company is master
chocolatior There are few employees that create specialised gift orders.
Microsoft Corporation is a multinational firm that deals in computer software, consumer
electronics, internet, computer hardware etc. It was founded by Bill Gates and Paul Allen in year
1975. Total revenue of the firm in year 2018 is around $ 125.8 billion. There are nearly 1,44,000
employees working in Microsoft.
LO1
Objectives and functions of Human Resource Management.
Purpose of HRM - There are various objectives of HRM. These are as follows:
One of the main purpose of HRM is to hire skilled and talented workforce with the help
of effective recruitment and selection methods.
Another major objective of HRM is to provide proper training and development
opportunities to the employees that will help to improve productivity and efficiency of
staff members. Human Resource department of Chocola Fantastica helps the organisation
to recruit talented employees to fulfil the vacant job position in administration and
production department. This will help to promote growth and success of the company.
3
Objectives and Functions of Human Resource Management_3
Major purpose of Human Resource Management is to improve the effeciency of
employees by providing proper training and development to workers(Hurrell, 2016).
It has become difficult for companies to hire and retain skilled employees due to increase
in level of competition. It is main purpose of Human Resource department to align
individual objectives of employees with organisational goals for improving the
productivity and to gain competitive advantage over competitors.
Functions of HRM
There are different functions of HRM. These are described below-
Managerial:
Planning-
Human Resource Manager is responsible for developing plans to determine shortage and
excess of employees in different departments for a particular time period. Example- Department
of human resource in Chocola Fantastica will develop plan to forecast need of workers in
administration, production department etc.
Organizing-
Human Resource Manager plays an important role in determining the structure of
company to perform various functions. Department of human resource will assign different
activities to employees, delegate authority to perform the tasks etc. Example- Human Resource
Manager of Chocola Fantastica will assign different activities to workers who are working in
different departments.
Operative:
Training and development-
It is one of the major function of the management. Human Resource department is
responsible for conducting training programmes like on and off the job training methods for
existing as well as for new employees to develop necessary skills that are required for
performing job. Proper training will help Chocolate Fantastica to improve knowledge of
employees and help them to attain organisational goals.
Working conditions-
Better working conditions are essential to improve efficiency of the employees because
conditions at workplace affects the level of motivation and job satisfaction level of staff.
4
Objectives and Functions of Human Resource Management_4

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