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Functions of Human Resource Management(HRM) - Posh Nosh Limited

   

Added on  2020-01-23

15 Pages4984 Words49 Views
HUMAN RESOURCE MANAGEMENT

Table of ContentsINTRODUCTION......................................................................................................................1TASK 1......................................................................................................................................11.1 Difference between personnel management and human resource management..............11.2 Function of the human resource management in contributing to organisational purposes................................................................................................................................................21.3 Role and responsibilities of line managers in human resource management...................21.4 Impact of the legal and regulatory framework on human resource management............3TASK 2......................................................................................................................................32.1 Reasons for human resource planning in organisations...................................................32.2 Stages involved in planning human resource requirements.............................................42.3 Recruitment and selection process in two organisations..................................................52.4 Effectiveness of the recruitment and selection techniques in two organisations.............5TASK 3......................................................................................................................................53.1 Link between motivational theory and reward.................................................................53.2 Process of job evaluation and other factors determining pay..........................................63.3 Effectiveness of reward systems in different contexts.....................................................73.4 Methods organisations use to monitor employee performance........................................7TASK 4......................................................................................................................................84.1 Reasons for cessation of employment with an organisation............................................84.2 Employment exit procedures used by two organisations.................................................94.3 Impact of the legal and regulatory framework on employment cessation arrangements.9CONCLUSION........................................................................................................................10REFERENCES.........................................................................................................................11

INTRODUCTIONHuman resource management is a system of managing people and dealing with theirgrievances present in the company. It is an organised and well-structured process whichpossess all the functions of management such as planning, organising, recruiting, training,and controlling etc. The increasing competition in the market has modified the role of humanresource manager to successfully compete with others and remain in the competition. Thedemand of skilled workforce is also increasing with the increase in demand of humanresource managers. Many of the company lack behind because of the gap between theexisting employees and required workforce. Company is needed to give emphasis on theactivities related to human resource management. Also, while focusing on the functions ofHRM, company is required to comply with all the relevant laws and regulations and changesin the policies and procedures of labour law. The below report explains various functions ofhuman resource management in small and medium enterprise like Posh Nosh Limited whichis newly forming HR department in the company. TASK 11.1 Difference between personnel management and human resource managementThere are no any huge differences between personnel and human resource management asHRM is an advanced version of personnel management. Personnel management is a traditional approach of managing people whereas humanresource management is a modern approach of managing and calculating the strengths ofan individual in a company.Personnel management gives emphasis on administering personnel, staff welfare andlabour relations. HRM focuses on recruiting, developing, maintain, and motivating humanresources of a firm (Need, 2006). People are assumed as an input for obtaining desired output in traditional method ofpersonnel management whereas in HRM people are taken as a valuable and importantasset of an organisation. Under personnel management, less training and development opportunities are provided.In HRM, high development opportunities are delivered.Top level management makes decision following various laws and regulations inpersonnel management. In HRM decisions are taken by involving the entire workforce1

after considering authority, decentralization of employees and competitive environmentetc. Increased production and satisfaction of employees is given emphasis under personnelmanagement. In HRM, focus is given on culture, productivity, effectiveness, and goodparticipation of employees.Under personnel management, concern is towards personnel manager. Whereas, in humanresource management, concern is towards all the level of management from top to bottom.Personnel management is a routine function, whereas HRM is a strategic function. It is concluded from above differences that for achieving efficiency, Posh Nosh Limitedshould adopt human resource management activities. Further, there will be more confusionand misunderstanding if proper communication between managers and employees is notencouraged. 1.2 Function of the human resource management in contributing to organisational purposesSome of the important functions of human resource management are:-Recruiting right person for right job at required time;Delegating proper work to employees based on their skills and competencies;Offering adequate remuneration after properly evaluating performance of employeesSince human resource is considered as a valuable asset of the company, theeffectiveness of Posh Nosh Limited will be reduced if one wrong person is selected andrecruited. The main aim of HRM is to improve the productivity and overall revenue of thecompany while improving the performance of human resources of an organisation. As aresult distribution of income to employees is also a strategic decision which should be takenafter due evaluation of performance of an individual. Hence, it is one of the critical functionof human resource management which impact the operations of the company (Guest, Michie,Conway and Sheehan, 2003).Moreover, one other main function of HRM is to assign work to employees based ontheir skills, capability, knowledge, and experience. For effective results, it is recommendedthat company should provide short trainings to their employees. This helps company becausetrained employees get motivated and as a result they contribute more to an organisation.Other than training, it is also required to communicate company’s desired goals andobjectives so that employees are well-guided what they have to achieve by their contribution. 2

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