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(Doc) Human Resource Management Assignment Solved

   

Added on  2020-10-05

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Human ResourceManagement

ContentsINTRODUCTION......................................................................................................................3TASK 1......................................................................................................................................3P1 Purpose and function of HRM, applicable to workforce planning and resourcing of anorganisation............................................................................................................................3P2 Strength and weakness of different approaches to recruitment and selection..................4TASK 2......................................................................................................................................7P3 Benefit of different HRM practice with in organisation...................................................7P4 Effectiveness of different HRM practice in term of raising organisational profit andproductivity............................................................................................................................8TASK 3......................................................................................................................................8P5 Analysis importance of employee relation in respect to influence HRM decision making................................................................................................................................................8P6 Key elements of employment legislation and the impact on HRM decision making.......9TASK 4....................................................................................................................................10P7 Illustrate the application of HRM Practices in a work related context using specificexamples...............................................................................................................................10CONCLUSION........................................................................................................................13REFERENCES.........................................................................................................................14

INTRODUCTIONHuman resource is considered as an asset of an organisation due to which it is veryimportant to manage their performance level through motivating them using different HRpractices. For this, Human resource management plays an important and crucial role todevelop skilled and knowledgeable workforce so that an organisation can easily achieve itsdesired goals and objectives. It performs various important functions such as recruitment andselection, training and development, flexible working options etc. which maximises theworking behaviour of employees. The present assignment report is based on NationalWestminster Bank which is commonly known as NatWest. It was established in the year1968 and having headquartered is in London, United Kingdom. The report discusses thepurpose and functions of HRM along with the strength and weaknesses of different HRpractices. Along with this, importance of HR practices toward employees and employer arealso describes under this report. Apart from this, employee relations along with theirimportance to achieve organisational objectives, key elements of employment legislationsand its influence on decision making process, application of HRM practices are also coveredunder this report.TASK 1P1 Purpose and function of HRM, applicable to workforce planning and resourcing of anorganisationThe term Human resource management is deliberate approach by which workforce ofan organisation is effectively managed. It help to gain competitive edge against the rivals ofcompany. Main motive of an HRM department is to increase the performance of company(Bloom and Van Reenen, 2011). Apart from this it help an organisation to manage theiremployees need effectively. With this it is the responsibility of HR manager to solvefinancial, legal etc. grievances that are faced by workforce of company. Some purpose ofhuman resource department are mention as follow:Compensation- It is the right of every employee to get fair remuneration against theinput or efforts that are essential to complete the project. For this HRM department analysisthe performance of employees and modify pay structure of company if it is necessary. Alongwith this they provide workforce for company that help to accomplish goal and objective ofcompany (Functions of HRM, 2017). The HR department of Natwest bank create policy andhelp management to understand state law, federal law and local law in circumstances to

reimburse like salary and wage act that address about safe work environment of company(Cox, Arnold and Tomás, 2010).Performance appraisal- Human resource department monitor and observe all theperformance of an employee. They also take information about employ performance fromtheir manager or supervisor. It is the responsibility of Natwest bank HR manager to createperformance appraisal of each employ. As it one time process that take place once in thewhole year. As it important for every organisation to do this process as it help to getpromotion, retention and termination ofemployees according to their performance. Law compliance- As employees are working for an organisation so it is theresponsibility of an management for the safety and security of an employ. There are differentlaws such as health and safety act to develop safe working environment for employees. So theHR team of Natwest bank always update and adopt changes that are necessary for thewelfare of employees (Daley, 2012).Staffing needs- The role of human resource department is to hire or recruit thoseemployees that work as an asset for company in upcoming future. This process start with theannouncement of vacant seats that is exist in internal department of company. It include allthe process regarding job responsibility, skill, duty and determination that is required forvacant seat. Apart from the HR department also ensure that they can terminate any existingemploy without violation of law. This are responsible for provide training and developmentto an employees and promote and transfer to them where they are needed in the organisation.The HR department of Natwest is handling all the needs of employees that work foraccomplishing company project (Difference Between Training and Developmen, 2017).P2 Strength and weakness of different approaches to recruitment and selection. Recruitment and selection is essential process for company that is the responsibilityof human resource department. As it is very beneficial for company to recruit those candidatethat work effectively for the organisation. They take care of promotion, incentives that aregiven to employees for welfare of company and organisation. The HR manager of Natwestbank is responsible to provide and manage workforce of the company. Few HR approachesare specified as below:Approaches to workforce planning- A workforce planning is the process that isrelated with to achieve the goals and objective of company by matching them with the needsof employees. Example- Bank want to increase in customer so they provide high incentive to

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