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Human Resource Management : Posh Nosh Ltd Assignment

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Added on  2019-12-18

Human Resource Management : Posh Nosh Ltd Assignment

   Added on 2019-12-18

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HUMANRESOURCEMANAGEMENT1
Human Resource Management : Posh Nosh Ltd Assignment_1
Table of ContentsINTRODUCTION ...............................................................................................................................3TASK 1.................................................................................................................................................31.1....................................................................................................................................................31.4....................................................................................................................................................6TASK 2 ................................................................................................................................................72.1....................................................................................................................................................72.2....................................................................................................................................................82.4 ...................................................................................................................................................9TASK 3 .............................................................................................................................................103.1..................................................................................................................................................103.2...................................................................................................................................................113.3...................................................................................................................................................113.4..................................................................................................................................................12TASK 4...............................................................................................................................................124.1..................................................................................................................................................134.2..................................................................................................................................................134.3 .................................................................................................................................................14References..........................................................................................................................................152
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INTRODUCTION Human resource management is important aspect that relates to development of the skillsand abilities of employees. The main function of HRM is to maximize the performance ofemployees to facilitate the attainment of overall goals of company. The Human resourcemanagement consist of wide range of functions required to maintain effective human inventory. Itinvolve functions like, recruitment, selection, training and development, labor relations, talentmanagement, compensation etc (Regis, 2008). The main objective of human resource planning isthat it help in developing skills and competencies of employees so as to enhance productivity ofbusiness. In addition to this aspect, human resource management help business in focusing on itsemployees and thereby prepares them for challenging roles. Also, with the help of HRM practicessuch as motivation, rewards etc. company can train people for challenging roles. Furthermore,human resource management is important function that enable entities to control employee turnoverby improving their overall satisfaction level (Human resource management. 2016). In this report, clear understanding will be shown regarding different aspect of humanresource management in the context of Posh Nosh Ltd. It is chain of ten outlets in the London areathat renders an up-market fast food business related to eat in, takeaway and catering services. Inthis report, the link between motivation theory and reward will be provided. The impact of legal andregulatory frameworks on HRM practices will be explained. The description about the key elementsincluded in the job evaluation process will be provided. TASK 11.1The human resources are managed in different styles in varied organization. The mainpurpose of company is to assure people do their best and give maximum performance to business.The different approaches that can be used by organization are personnel and human resourcemanagement (Svetlik and Costea, 2007). However, both these approaches have significantdifference and own effectiveness which are highlighted as follows:Particulars HRM Personnel managementDefine It is strategic function thatrelates to administration ofhuman resource by ensuringtheir continuous development. It routine function of companythat renders the personnelrequired for business activitiesand managing the generalemployer-employee. (Mason,3
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and Sanders 2009)relationship. Nature Human resource managementhave long term perspectives byconsidering strategic view. It have short term perspectiveinstead of strategic one. RemunerationThe criteria for paying thesalary of employee is based ontheir performance of individualThe criteria for providingremuneration to employee isbased on the position ofindividual. Objective The main concern of Hrm is todevelop the skill, competenciesand knowledge of employees(Jiang and Baer, 2012). The key purpose of personnelmanagement is to managepeople at work. Treatment The organizational membersunder this approach are treatedas valuable resources and keyasset. It regards employee ascomponent for attainingproductivity such as machineequipment.Importance The individual under thisapproach are regarded aseconomic,social andpsychological person. The employees are treated ascost centre The services ofemployee can be obtained inexchange of wages, salary andother rewards which are takenas cost of labour. Reporting levelThe employees under HRMpractices are required to reportto higher level of generalmanager or chief executiveofficer. Under this approach, employeesare needed to report to lowerlevel of line managers (Jones,2010). Orientation The concern of management isto attain the individual goalalong with business objectives. The objective of company is toattain goals of firm by beingfocused. Job design The consideration ofmanagement is to perform teamwork. The work structure is designedas per the division of labour. 4
Human Resource Management : Posh Nosh Ltd Assignment_4

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