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Human Resource Management/ Recruitment process

   

Added on  2023-01-06

13 Pages3882 Words96 Views
Human Resource
Management
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Table of Content
Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................3
Main Body.......................................................................................................................................3
P1 Purpose and functions of human resource management........................................................3
P2 Discuss the approaches of HRM with their pros and cons.....................................................4
P3 Benefits of HRM practice in perspective of both employer and employees..........................6
P4 Determine the effectiveness of HRM to raise profits.............................................................7
P5 Importance of employee relations..........................................................................................7
P6 Discuss elements of employee legislation..............................................................................8
P7 Discuss the application of HRM through examples...............................................................9
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
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INTRODUCTION
Human resource is considered as an asset in an organisation as it is a broader term that
includes recruitment, selection, training, performance management and many more which
involve making planning so that goal is attained within a shorter time (Ashton, Maguire and
Spilsbury, 2016). This report is based on Aldi which is a retail chain as it deals with groceries,
food products as well as household essentials which tends to satisfy the needs and criteria of
customers across the globe. This report consists of scope and purpose of human resource
management and it consist of internal and external factor that affect HRM decision making
which raise profitability. Lastly it cover several legislations and application of HRM practice in
relation to chosen company.
Main Body
P1 Purpose and functions of human resource management
HRM is a process of management as it determine the need to recruiting the best candidate
and tends to polish their skills with apprenticeship programmes as several elements are
considered such as creativity, knowledge, talent and potential for contributing towards business
objectives (Bondar, Hsu, Pfouga and Stjepandić, 2017). The purpose of HRM is to fill the vacant
position and apart from this it performs several other functions such as compensation, appraisal,
training as it has become crucial aspect for any business enterprise. In respect to Aldi, the scope
and function are as follows:
Purpose of HRM
Effective recruitment and selection strategy: The manager of Aldi would place more
emphasise on hiring the right person at the right job in a proper time period. By recruiting the
efficient person would provide the growth of a firm as it renders new and excellent ideas which
ensure a vast success within the confines of retailing industry.
Performance appraisal: The main motive of HRM is to appraise the performance of their
subordinates so that they could work with greater efficiency and zeal and thus bring a desired
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level of output in a workplace. The HR manager of Aldi would tend to recognise the efforts by
sense of appreciation and providing them with financial incentives which encourage them to
work hard and thus they reach their targets in a respective time period.
Talent management: The senior authority of respective firm would tend to retain the
attractive workforce as their constant efforts and wise decision making would generate the
productivity and help in ensuring the growth of a firm with a set time frame.
Functions of HRM
Planning: This is first and foremost function of HRM in which the manager would make
planning by deciding the best alternatives from the various course of action available so that goal
is accomplished within specified time (Chen, Su and Zeng, 2016). The senior manager of Aldi
would form an appropriate strategy as it would make plan so as to facilitate better decisions as it
ensure long term growth and sustainability for a long term. This accelerates the firm to avoid
uncertainties and aids in setting standards which maximise their performance.
Organising: the manager of Aldi would organise the work in a most systematic manner
and delegate the task as the supervisor would divide the work among their subordinates in
accordance of their talent and skills which promote specialisation and increase their level of job
satisfaction and thus improve their morale. By allocation of resources in an efficient manner
would assist in eliminating overlapping of activities which depict transparency in a workplace.
Effective training: The training and development programmes is essential as it help in
building skills and knowledge level of employees and develop confidence and determination
among them. The manager of Aldi would render on the job training to their staff so that they
could accept the changes and could handle sophisticated machines which maximise their skills
and improve their knowledge level as ensure a greater path of success in their career.
Therefore, there is greater scope of HRM in a corporate world as it performs numerous
function which renders an effective growth and ensure sustainability in a long term.
P2 Discuss the approaches of HRM with their pros and cons
There are two approaches of human resource management, namely recruitment and selection as
these are detailed below:
Recruitment: It is the process of searching a prospective candidate as the respective
position is filled for an appropriate role (Dipboye, 2017). There are of two kinds that is internal
and external source of recruitment.
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