Effective HRM Practices for Organisational Success
Added on 2020-10-05
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HUMAN RESOURCEMANAGEMENT
Table of ContentsINTRODUCTION.......................................................................................................................................3TASK 1.......................................................................................................................................................3P1 Purpose and functions of HRM applicable to workforce planning.....................................................3P2 Strengths and weaknesses of different approaches of recruitment and selection................................4TASK 2.......................................................................................................................................................6P3 Benefits of different HRM practices for both the employer and employee.........................................6P4 Effectiveness of HRM practices.........................................................................................................7TASK 3.......................................................................................................................................................8P5 Importance of employee relations.......................................................................................................8P6 Key elements of employee legislation and its impact on HRM decision making...............................9TASK 4.....................................................................................................................................................10P7 HRM practices in an enterprise and its application...........................................................................10CONCLUSION.........................................................................................................................................13REFERENCES..........................................................................................................................................14
INTRODUCTIONHuman resource the vital function of any organization which is mainly concerned with three major responsibilityareas i.e. are staffing, employee compensation and benefits and defining responsibilities of each person associated with company. Essentially the main objective HRM is to maximize productivity of an organization by optimizing the work efficiency of its employees (Werner and DeSimone, 2011). IKEA is one of the leading global brands dealing in manufacturing of furniture, lightning, kitchen appliances, and home accessories and so on. It wasestablished in 1943 and with its base headquarters in Netherlands, Sweden. It has its operations running in more than 48 countries with large number of stores. This assignment will focus on thescope and purposes of HRM that a company should apply in its operations to increase firm’s productivity and workforce efficiency. It will also discuss various approaches along with giving synopsis of strength and weakness of each of them. Moreover some applications of Human resources management practices will also be described in this assignment.TASK 1P1 Purpose and functions of HRM applicable to workforce planningIKEA is one of the global leading brands having strong hold in the market which is possible due to its efficient human resource management which ensures proper and effective utilization of company’s resources and enhancing the performance and work efficiency of its workforce.As described above, HRM is that HR managers apply to manage their work and employeesefficiently (Daley, 2012). They also perform some crucial function such as recruiting, selecting, performance and change management, retirements, risk management etc. For proper functioning of a company, IKEA needs to implement above mentioned functions carefully. These functions are mentioned below in detail:Recruitment and selection: It is an important HRM function which involves recruiting and selection of new and suitable candidates for a particular job position in the organisation. In order to build a good team, IKEA should hire talented and skilled employees. They can do this
by identifying vacant position in the organisation and recruiting candidates according to that. They should see whether employees have that ability to perform their activities in efficient manner. They can hire individuals on the basis skills, knowledge, talents, abilities, attitude, etc.Orientation: This is also known as induction program which is conducted for new joiner which have joined the company recently. These programs help them to know about the company cultures, working conditions, superiors, their roles and responsibilities in the company, etc. Orientation program make new joiners comfortable and they receive relevant information about their job (Hendry, 2012). These program initiates better communication between other employees and superiors of organisation. New joiners can also clarify their doubts related to theirroles and duties.Managing employee relations: Employees are the pillars of an organisation and are necessary for managers to manager good and harmonious relations with their employees. If employees are satisfied then they will perform their work with more enthusiasm and dedication. This is an important HR function which should be initiated be superiors of company. They can do by organizing some games and activities, some outings etc which help in making good relations with employees. These types of activities ensure good and healthy environment among organisation and employees feel free to communicate with their superiors. Training and development: This is also a crucial function which is essential for overall growth and development of an employee. It is necessary for manager to find out weak areas of employee and provide appropriate training to them. It is basically given to new joiners which don’t have much knowledge and skills to carry out their work and to existing employees which are not used to new advancement in the market. Appropriate training programs can provide them assistance and they can learn new things and can perform their work with more effcicnecy. This helps in smooth functioning by them. P2 Strengths and weaknesses of different approaches of recruitment and selection.Recruitment and selection are crucial functions of any organisation. They are needed to be carried out efficiently in order to recruit talented and qualified people for the company. With these processes managers hire best personnel for company and they in turn work hard so that company can achieve desired success (Boxall and Purcell, 2011). Recruitment is the process
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