Importance of Human Resource Management in Organizations

Human resource management

Table of Contents
Introduction.................................................................................................................................................2
Task 1..........................................................................................................................................................2
Purpose and functions of HRM....................................................................................................................2
Recruitment and selection strategies..........................................................................................................3
Press advertising......................................................................................................................................3
Online websites and job boards..............................................................................................................3
Recruitment agencies..............................................................................................................................4
Search consultant....................................................................................................................................5
Benefits of different HRM activities to the employees and employers.......................................................6
Effectiveness of HRM practices for raising the organizations; productivity and profits...............................7
Task 2..........................................................................................................................................................8
Importance of employee relations and decisions of employees.................................................................8
Key elements of employment legislation....................................................................................................9
Application of HRM practices......................................................................................................................9
Conclusion.................................................................................................................................................10
References.................................................................................................................................................11
1

Introduction
The report discusses the importance of Human resource in the development of the people of the
organization and in turn this benefits the entire organization only. The role of the human
resources has not just remained confined to the staffing and maintenance of the staff members
but it is much more than that and have become the main sources of the differentiation for the
organizations as they help the organization to increase their productivity and profitability. The
report has commenced by discussing the functions and the purpose of the HR department along
with the different ways of selection ad recruitment with the pros and cons of each of them. This
way the report has tried to present a comprehensive insight about HR department.
The company which is taken for discussion is a company operating in UK. The company is
named as NetSuite UK, which helps a social media fast growing company named Brandwatch to
scale internationally ("NetSuite UK - Cloud Computing - Business Software", 2018). The forte of the
company is their agile teams who have brilliant options in the providing CRM, financials, ERP
and e-commerce services to more than 40000 organizations all over the world. The report is
focused on NetSuite UK has incorporated the HRM practices in the organization.
Task 1
Purpose and functions of HRM
HRM helps in coordinating the people in the organization so that it is able to achieve the goals of
the organization. It fulfills the needs of staffing and even aids in maintaining the employee
satisfaction levels and this has been done at NetSuite also. The HRM accomplishes the above
said activities by making use of processes, people, technology so that they are able to focus on
the internal parts of the organization. They help in doing workforce planning and resourcing in
the organization. It helps in attracting the right employees towards the organization (Ekuma,
2012). They are then selected using recruitment and selection processes. They also onboard the
new hires in the organization and makes sure that the employees are provided with right training
and development in their tenure in the organization. They manage the experience of the
employees in the life cycle of the empl9yement.
The HR helps in assessing the talent by making use of the performance appraisals and then
provides them rewards accordingly. They even administer the employees with employee benefits
2