Human Resource Management on Mark and Spencer Assignment

Added on - 21 Feb 2021

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Human ResourceManagement
Table of ContentsINTRODUCTION...........................................................................................................................1P1) Discuss purpose and function of HRM.................................................................................1P2) Throw-light on advantages and drawbacks of several approaches to recruitment andselection.......................................................................................................................................2P3) Discuss the benefits of HRM practices in an organization in context of both employer andemployees....................................................................................................................................4P4) Examine effectiveness of numerous HRM practices in terms of raising organizationalprofit and productivity.................................................................................................................5P5) Examine the importance of employee relations in respect to influencing HRM decisionmaking process...........................................................................................................................6P6) Discuss employment legislation and how it impact HRM decision making process..........7P7) Discuss the application of HRM in work related context using specific examples.............7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONHuman resource management is defined as formal method devised for the managementof the staff members within company. In an organization human resource manager managementperform several responsibilities such as, hiring, motivating, firing, providing compensation,training, providing orientation, building strong relation with employee etc. This report is basedon Mark and Spencer which is a successful retail store suited in Westminster, London. The CEOof the company is Steve Rowe and is listed in London stock Exchange. It includes HRM purposeand functions applicable to workforce planning. Numerous approaches to recruitment andselection are studies along with advantages and drawbacks. How employees relation affectdecision making process is studied deeply. Employment legislation impact HRM decisionmaking process is examined (Analoui, 2018). The HRM practices benefits for both employerand employees is discussed.P1) Discuss purpose and function of HRM.HRM is the process of hiring, recruiting, motiving etc. employees in order to turn theminto valuable assets of the organization. Below are some of the points which are explained asfollows:Hard and Soft model of HRM:Soft skills are, teamwork, communication skills etc.M&S employees are holding this skills which aid them to attract targeted customers for longertime period. Whereas, hard skills are learned by exploring in the external environment or inworking premises. Writing skills, computer programming etc. It can be developed by providingthem proper training as and when needed.Workforce planning:This is a process of forecasting the needs and priorities of thecompany with those of it's workforce so as to meet firm's objectives. M&S adopts this so thatgap between present workforce and future workforce needs can be examined and accordinglysolution can be investigated to achieve mission, goals, plans etc.Resource of an organization:M&S use several resources to accomplish set standards.Some of the resources of M&S are, financial, information etc. resources are effectively utilizedso that emerging needs of the clients can be full-filled.The purpose of HRMis to recruit right people at aright place at right time with withcompetencies with hold by the candidate. By doing so best outcomes can attained in intense1
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