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Human Resource Management Introduction: Human Resource Management

   

Added on  2020-06-05

15 Pages3653 Words73 Views
HUMAN RESOURCEMANAGEMENT
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INTRODUCTION Human Resource Management is the procedure of hiring and evolving employees formaking them more valuable for organisation. It includes manipulation of job analysis, recruitingright people at suitable job, planning personnel needs, inducting, orienting and training,administrating salary and wages as well as providing compensation benefits and incentives, etc.Along with this, human resource department is also liable for monitoring the performance ofemployees, resolving conflicts or disputes and communicating with staff members at all levels(Hendry, 2012). ALDI limited is the chosen organisation in this present report which is a retailerof grocery products and services across world. It is established in 18 countries with 10366 stores.The document will include various functions and purpose of human resource management. Therewill also be a discussion upon employee relations and employment legislations In addition, thevalue of employee relationships in the decision making process of the company will alsodescribed briefly in this present assignment. . TASK 1P1. Purpose and various functions of HRM applicable to workforce planning and resourcingHuman resource management is a function that is concerned with motivating, hiring andmaintaining people at the workplace. Mostly, it targets on improving skills and abilities ofemployees in order to achieve success in ALDI limited. Purpose of human resource management: - To assist the business organisation for attaining its goals and objectives effectively andefficiently by providing competent as well as motivated employees To develop and manage the quality of work life that creates employment in the theorganisation To enact and cultivate cordial relations in between management as well as employees To assist in preserving the ethical policies and behaviour in internal and externalenvironment of organisation To maximise the level of employee's self-actualisation and job satisfaction To make maximum utilization of available resources
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To reconcile individuals or goals with organisational set targets. Functions of Human resource management: -There are majorly two types of functions of HRM that is, Managerial and Operativewhich are explained as below: Managerial functions: Planning – It consists of pre-determined course of action. Planning is the process ofregulating organisational goals and it is also helpful in the formulation of strategies andprogrammes in order to achieve them (Boxall and Purcell, 2011). In ALDI limited,planning is a future oriented affair that is concerned with clearly described the desireddirection of business activities in future. In addition, forecasting is an essential factor ofplanning process whereas, further functions of HRM are also based upon same. Organising – In organising process, structure and allocation of jobs are determined. It isthe function of management that follows planning; organising is the systematic activity ofintegrating, structuring and co-ordinating tasks and practices which is implemented inorder to attain goals and objectives of the company. Thus, organising is focused to give aspecific task to each subordinate, establishing departments, delegation of authority tostaff members, implementing channels of authority and coordinate their work and so on. Staffing – Staffing is the process through which HR manager select, train, promote andretire their staff members. In staffing, employers are decided that what type of personshould be hired. Along with this, it is the management function that describe as fillingposition across the firm through which managers can identify the workforcerequirements. It is also helpful in recognising the issues which are related to job analysisand over these problems and issues. Directing – It is concerned with activating group efforts for accomplishing the desiredgoals and objectives of company. Along with this, directing also encompasses to motivateor encourage the morale of employees. ControllingIt includes planning, assessment and control upon the performance as wellas staffing activities of the business organisation. In controlling function, someresponsibilities are involved, i.e. ensuring a high quality reporting, efficiencyimprovements, creation of transparency and determination of value added of all HRmeasures. 4
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