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Human Resource Management Practices in an Organisation

   

Added on  2020-10-04

14 Pages4038 Words145 Views
Human ResourceManagement
Human Resource Management Practices in an Organisation_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 HRM purpose and functions applicable to workforce planning and resourcing...................1P2 Strengths and weaknesses of different approaches to recruitment and selection..................3TASK 2............................................................................................................................................5P3 Benefits of HRM practices within an organisation................................................................5P4 Effectiveness of HRM practices in raising organisational profit and productivity...............6TASK 3............................................................................................................................................7P5 Importance of employee relations in respect to influencing HRM decision-making............7P6 Key elements of employment legislation and its impact on HRM decision-making............8TASK 4............................................................................................................................................8P7 Application of HRM practices in work- related context........................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
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INTRODUCTIONHuman resource management plays essential role in organisation in respect to utilisationof people for accomplishment of business objectives and goals. Recruitment, selection,compensation, performance assessment, training and development are various practices whichare performed by HR to have skilled and competent people (Armstrong and Taylor, 2014).Present report is based on TK Max which is a retail firm providing different products includingfurniture, clothes, beauty products, housewares, etc. This assignment specifies functions andpurpose of HRM for workforce planning in firm for accomplishment of business objectives.Besides this, effectiveness of HRM elements on organisation and its benefits on employer andemployees is stated. Impact of good employee relation and employment legislation on decision-making is discussed. Various application of HRM practices in companies operations ismentioned in report. TASK 1P1 HRM purpose and functions applicable to workforce planning and resourcingIn organisation, human resource management is a continuous activity which is executedfor availability of sufficient manpower and for other important purposes. In TJ Max, HR requireto have adequate number of staff members to provide products and services to buyers. Jobanalysis is technique which aid them to have information about present workforce (Collings,Wood and Szamosi, 2018). Thus, recruitment, development and many other practices areconducted by them to have competent people in company. Functions of HRM: These are practices which are carried out by HR of TJ Max arementioned below:Planning: Human resource carry out activities to have adequate number of individuals infirm for execution of business operations effectively. This is central function which helpmanager of TJ Max to reduce future uncertainties by having talented staff members. Forthis, business goal and strategies are framed for directing functioning of subordinates.Besides this, gap analysis is conducted to have knowledge about deficiency of people andskills. Staffing: This process is executed by management to have skilled personnel in firm foraccomplishment of objectives. Human resource planning helps HR of TJ Max to have1
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