Human Resource Management

   

Added on  2023-01-06

16 Pages4032 Words26 Views
Human Resource
Management
Human Resource Management_1
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
LO1 .................................................................................................................................................3
P1 Explain the purpose and the function of HRM and key roles and responsibilities of the HR
functions.......................................................................................................................................3
P2 Strength and Weakness of different HRM practices ............................................................5
LO2 .................................................................................................................................................6
P3 Benefits of different HRM practices .....................................................................................6
P4 Effectiveness of different HRM practices..............................................................................7
LO3..................................................................................................................................................8
P5. Importance of employee relation in respect of influencing HRM decision-making.............8
P6. Key elements of employee legislation...................................................................................9
LO4................................................................................................................................................10
P7. Application of HRM practices in a work related context....................................................10
CONCLUSION .............................................................................................................................14
REFERENCES .............................................................................................................................15
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INTRODUCTION
Human resource management is a strategic approach for the effective management of
people by recruiting, selecting , inducing, imparting training and development etc. the overall
objective of HRM is to ensure that the organization is able to achieve success through people.
Marks & Spencer is a British multinational retailer which has its headquarters in London,
England, UK. It was founded by Michael Marks Thomas Spencer and it deals in clothing, food
products etc.. In the further report the purpose and scope of HRM will be discussed, the
effectiveness of key elements of HRM. Analysis of the internal and external factors that HRM
decision-making and employment legislation. Lastly the HRM practices will be applied in work-
related context.
LO1
P1 Explain the purpose and the function of HRM and key roles and responsibilities of the HR
functions
Human resource management in the organization always plays significant role in order to
retain effective workforce and for other purpose (Papa and et. al., 2018). No organizations can
get their framed goals and objectives in the absence of HRM practices. HRM at M&S perform
key roles and responsibilities in the company which are mentioned as follows:
Recruitment and selection
It is prime role of the HRM that practices by managers in different companies in order to
maintain employee’s productivity. HR managers at M&S always seek for new talents
accordingly requirements so that company can get profitable outcomes within timeframe and
increases goodwill of the business as well. Whenever, organization is lacking behind scarcity of
new talents then HR managers perform this prime function and develops recruitment and
selection program. Currently, Marks & Spencer has highly talented and diversified workforce in
the company that’s why it is enabled to gain competitive advantage from its existing competitors
by offering high quality product services to the customer. The main objective of the HR manager
with this function is to deal with high employee turnover issues in respect of leading success in
business (Stahl and et. al., 2020).
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Development and training
From past few years, there are various companies that puts more efforts to make training
session highly creative and impact so that they can make their workforce highly active and
versatile. HR managers plays effective role in respect of development and training program
because they priory analyze individual’s performance like individuals are meeting with
company’s requirement or not (7 Human Resource Best Practices, 2020). Later on, managers
gather reviews from other functional units and customers about individual’s performance while
dealing with complex tasks in the workplace. In last, human resource professionals conducts
training and development program for the staff and influences them to improve their
competencies and overcome their weaknesses. As same concept follows by HR managers at
M&S to make individuals multitaskers so that they help company to gain it’s long-term and
short-term goals within timeframe. The major drawback of this key function of HR is that human
resources must have knowledge about individuals and company’s needs then they can coordinate
both expectations on common goal and achieves projected objectives on time.
Performance management
It is another function of the HRM that perform by managers in the company to improve
individual’s performance in the workplace. HR managers at M&S often practices performance
management system in the workplace for critically analyzing individual’s performance and
supports them to improve their weak areas due these they unable to give the best performance in
the workplace. With this key function, HR managers often leads strengthening in the workforce
during peak period and influences staff to put more efforts in their working so that productive
outcomes can be received by company (Chams and García-Blandón, 2019). The major
drawback of the function is that it is quite lengthy process because it comprises 5 to 6 steps.
Reward system
This key function undertakes by various companies to retain their talented staff and stays
them motivated for long time so that companies can stay on their commitments in the market.
Human resource is responsible for this key function because managers promotes employees to
lead productivity in their working by offering different reward systems like incentives,
recognition and profit sharing. These rewards are awarded by HR managers at M&S plc
regularly to stay motivated staff and maintain ideal situation between input and output.
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