Human Resource Management in Premier Auto Components (St Neots) LTD
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Added on  2023/06/10
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This study discusses the HR philosophy of Premier Auto Components (St Neots) LTD and how it shapes their employee attraction, retention and firing policy and practice. It also covers their talent hire and rewards practices internationally, given that employment laws are different in other countries. The study concludes with recommendations for PAC.
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Human Resource Management 1
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 PAC HR philosophy shape their employee attraction, retention and firing policy and practice. Discuss first about this policy in the UK and then internationally..............................................3 PAC maintains its talent hire and rewards practices internationally, given that employment laws different in other countries..................................................................................................5 PAC maintains its high performance workplace based on a sustainable and ethical HRM system..........................................................................................................................................6 Recommendations for PAC.........................................................................................................8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................11 2
INTRODUCTION Humanresourcemanagementisallabovereferstoplanning,organizing,selecting, recruiting or new talents engagement process which helps to improve organization working activity with human resources. HR philosophy is assumption of human nature, needs, beliefs and theirattractiontowardswithwork(Cooke,DickmannandParry,2022).PremierAuto Components (St Neots) LTD is automobile manufacturing industry which delivers and supply car service parts in multiple countries. Companyâs management team develops higher concern on capture different areas for profit and growth also management team evaluates that it has less margin, so they do have to maintain their cost for sustainability development in different countries as well. This study will provide information of PAC company HR philosophy helps to develop more effectiveness in employee attraction, retention and firing policy, how organization management their talented employee hiring process in different countries with consideration of international laws and how it maintains high performance work based system as well. MAIN BODY PAC HR philosophy shape their employee attraction, retention and firing policy and practice. Discuss first about this policy in the UK and then internationally Premier Auto Components company which provide different range of car service parts its mainly builds employee attraction with effective schemes involvement in their salary to other benefits process. Because its management team evaluates that employee attraction can be easily managed when company provide some major or requires benefits. This business uses online website for their marketing which gives new growth opportunity (Luu, 2021). Therefore, organization evaluates that they require more staff members for their performance effectiveness and higher customer attraction within different countries. Online social media practices For the involvement of new employee or staff members PAC company evaluates that for the recruitment of new employee within international market, application of social networks is more durable and easier process to involves employee because it takes less cost rather than meeting with individual. So this practice is one of the most attractive way to attract employee attraction because on the basis of recent market trends individual develops higher attraction that companyâs which uses social media tools, it definitely provide more success in the future. 3
Pension schemes Continues new practices addition in salary and pension schemes is one of the most attractive way to retain employee, because when people decides to working with company they firstly evaluates how much and which essential benefits and security organization provides. And after retirement they do have some effective plans for salary or not. So on the basis of employee demands, human resource management team creates decisions for managing staff members that those people who working for long time and provides continue services they get effective amount of pension like within UK country retire employee get 20% of capital value and after some years it will be raise by 40% which is one of the most effective policy and practice to retain and employee attraction development. Also survives into international market with new staff members involvement is not easier it takes evaluation or identification of multiple aspects. Company when engages mass marketing term which means it uses online websites for their products selling, its HR has major duty to recognize best employee who has exact and perfect knowledge of online marketing which attracts customer attraction because its key essential term of business growth (Vrontis and et.al., 2022). Other aspects Company CEO when develop higher concern on technical aspects rather than people oriented which is useful or working process but not for long term employee positive attraction towards with the company. Also retention and recruitment process is not difficult with social networks but after pandemic multiple things happens which impacts on retaining and hiring process and mainly impacts on companyâs capital values as well. Company when decides to established their business in UK its management team develops higher concern because UK country has multiple suppliers who also deliver and supply same type of goods and services. Thus, individual employee who enters into new market which is UK its important term to develops higher concern and focuses on product quality and margin because people have multiple options in similar aspects. 4
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Other international countries has their different policies, conditions and schemes in pension schemes for motivating staff members or new employee engagement process. Germany country has different laws of employees which includes 8 hoarse working days so HR has duty to consider and follow this rule because it prepares by government also within pension schemes individual company has duty to provide pension who provides services within individual company fro long term and other multiple benefits of holidays as well (Omidi and Dal Zotto, 2022). PAC maintains its high performance workplace based on a sustainable and ethical HRM system. Highperformanceworkplaceisallabovereferstoengagementoftalentedemployees, distribution of work with perfect manner and many more. Perfect and finest work distribution can be only possible when Company engages HRM practices because they do have more celerity toproviderightdirectiontoemployeesandhireperfectorsustainableemployeesfor organization. Company when establish their business in international market they do have different range of responsibilities duties which is not easier to managed. But it can be easily managed when company have good planner, organizer, group, effective staff members and many more. Because effective and knowledgeable staff members have key to raises business activities within any area with their talent and knowledge (Braga and et.al., 2021).Higher performance workplace based system in HRM system is all above refers to includes which is essential to follows by organization for motivating, new skills involvement, training of new practices to staff members or employee. And in context of PAC which deliver car service goods into different countries they do have duty to develop different HR for different areas. Because, Company HRM system is one of the most attractive and powerful process to manages employee activities and performance within right direction. And some major aspects of higher performance work based system which are as follows, Ensuring employee security: Employee security is one of the most essential approach when company decide to engage and motivate their employee because individual how decide to perform andprovide services within company they firstly valuates which major security services company will provided. Clear idea of security, safety employee can easily make appropriate and effective decisions. PAC 6
company uses this approach within their HRM process with different country employee laws identification which is one of the most effective way to raise positive employee attraction. Decentralised decision-making: Its very powerful process to build trust from employee and uses of this term within business area employee develop higher attraction with because they consider as they do have great part and company has their requirement at great aspects. This term is mainly refers to define as when company senior authority implement and develop new strategic approach for business benefits, organization management senior authority develop higher concern on meeting, discussion with employee so they do have also chance to share their experience and new ideas. Also it helps to motivates and develop positive environment within business structure. Training by commitment Continues training and development process improves employee performance and it makes better results. Thus, addition of this approach raises performance effectiveness. Constant and regular base learning better for develops higher opportunities within business practices because when professional gives effective practices, learning which defiantly works for long term growth. PAC company who serves different range of car service parts its important term that when HRM recruit and hire new employee on the basis of their skills and education evaluation but next term which helps to employee for long term working process can be only managed when leaders, professional gives effective information, requires practical training and many more aspects. Business can easily manage into new area when leaders provide exact and effective guidance or information (Opatha, 2021). Reduce status barriers HRM has duty to create multiple practices and policies for overall organization benefits. And practices will regulate and generate professionalism within business activity. PAC company which deliver their services into internal market with use of social networks its important term to PAC Company continuously maintains high performance workplace with their great team of HR and they guidance and engages employees into organisation with perfect evaluation and skills reorganization process. Ethical HRM system is systematic process which helps to manage high performance work based system at business culture (Cross and Swart, 2022). Different people management with social network is not easier but on the basis of recent market trend online practices, digital meetings connects large number people within few time which is very great 7
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aspectforthecompany.Thisethicalprocessincludesdistributionofguidanceand professionalism practices and on the basis requirements. PAC company first CEO not highly prefer company work culture has been people oriented but the other CEO which develop higher concern on people oriented because they consider and prefers that different people has different ideas, reviews, knowledge in individual aspects which develop more consistency in delivery and expansion of business with successful manner. Ethical HRM in context of internal business expansion PAC organization HR team develop higher concern on which type of employee and which benefits develop company employee retention. Recommendations for PAC From the answers of multiple questions its been clearly evaluated that PAC company managed their working culture with very effective manner. Because they engage appropriate HR ethical practices for working culture effectiveness in international market, it engages appropriate rules, practices and policies which helps to develop high performance work based system which is one of the most effective method. But some major aspects which essential to follows by PAC Automobile industry is to regularly make some unique changes in product pricing decisions, develop more effectiveness in online and social media platform for [product selling, applications, websites involvement and many more. Because its very useful for connect large number of audience within less time. Employee laws reorganization is one of the most essential approach and survives in the different area or legal body expansion is very important for long term success and growth. Sustainability expansion in international market or within different countries HR has major duty to identify major essential laws those are very important for business growth. Organization HR has multiple responsibilities duties to engage appropriate employee who provides best and most sustainable results. But proper evaluation of right candidate selection is not very easier so consideration of this term makes sure business management team develop higher concern and focuses on the recruiting and managing staff members. Individual has idea that different area of country has their legal policies and regulations, so when company enters into new market so idea of this term its essential term to concern with area legal specialist who has proper idea of legal policies of transportation, knowledge of employee laws, essential benefits laws of staff members, salary and many more. PAC company serves their services in multiple countries. Thus when it provides services or its products into multiple 8
countries one major term which essential to engage is service distributors who have exact and proper idea of how to use parts of vehicles. It helps to attracts customer attraction which is one of the most successful approach (McBeth, Brewer and Lund, 2021). HRM ethical practices is beneficial but its essential term that senior authority develop continuesevaluationofperformanceofdifferentdepartmentbecausewithoutappropriate consideration directly impacts overall business structure, one wrong decision also badly affects on sustainability development in international market. Also seniors authority has duty to develop higher concern on taking reviews from staff members, employees and customer reviews because this research will gives multiple benefits which is useful for long term success and growth. So from the multiple recommendations helps to PAC industry and company management team manages its work with more effective manner. Talent hiring and rewards practices in international market requires appropriate research because proper research of new employee is the only option which helps to make more consistency in business activities. Also, PAC company which provides car or other vehicles service tools its very essential to improve product quality and prepares different range of goods on the basis of vehicles requirement. Clear and proper idea is one of the most appropriate approach because it helps to improve profit ratio. Also proper reorganization of staff member salary, pensions and other benefits can mainly decided with economic situation identification and currency values evaluation as well. CONCLUSION It has been summarized form the above reflective study that PAC company which deliver and supply car services tools or products, it manages their work with more sustainable manner. This study has been clarified how company expand their business in UK, Germany, France, Ukraine and many more areas with pensions schemes and other benefits involvement. This report has been developed good sense to manage staff with ethical HRM practices which useful or beneficial for overall organization structure at international market. Moreover, its been clearly analysed that PAC company HRM practices is effective but its important term to develop more 9
variation on the basis of requirement because this term defiantly makes more consistency in survives into international market. 10
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