Table of Contents INTRODUCTION...........................................................................................................................1 Task1...............................................................................................................................................1 1. Purpose and functions of HRM..............................................................................................1 2. Strength And Weakness Of Different Approaches Of Recruitment And Selection...............2 Task 2...............................................................................................................................................4 3. Benefits Of Different HRM Practices For Both Employer And Employee............................4 4. Effectiveness Of Different HRM Practices............................................................................5 CONCLUSION................................................................................................................................6 REFERENCES............................................................................................................................7
INTRODUCTION Human resource management is the systematic process for managing the employee of the organisation. The human resource management of a company hires employees and train them to work and motivate them as well which benefits the organisation. It includes various process, such as recruitment, selection, training and motivation of employees. Kingfisher plc is a retailing company who supplies DIY and home improvement products and services. It is a British international organisation. The Kingfisher plc operates its business in 10 countries with approx 1300 stores. The research will explain about the functions and responsibilities of HR department towards achieving the overall business objectives. Different approaches and its strength and weakness, benefits of HRM practices will be discussed further. Task1 1. Purpose and functions of HRM The main purpose of human resource management is to coordinate personnel to meet the objectives of the organisation. The HRM focuses on fulfilling the needs of employees to satisfy them. It concentrates on best use of utilization of the human resource to bring good results in form of outcome(Truss and et.al., 1997). Kingfisher's HRM must ensure to make effective use of the human resources available in the organisation, so it aims at increasing the efficiency of the employees to gain competitive advantage. And therefore, should perform the following functions to do so: HR planningis done in a way that manages the human resources at the retail shops of Kingfisher plc. It helps the organisation in understanding the skills and knowledge of its employees and their capabilities to do the given task or work. It needs to be effective as human resourcearethekeyelementswhooperatesthebusinessactivitiesandaccomplishthe organisational objectives and gain competitive advantages. Employee relationenables the organisation to run its business functions in smooth way because the employee relation maintains relationship between employee and employer and it avoids conflicts in the organisation(Wright and et.al., 2003). So, kingfisher's HR focuses on maintaining 1
theemployeerelationandwhichresultsinimprovingtheoverallperformanceofthe organisation. Recruitment and selectionis the focus of HRM, as this function enables the company to grow through its effective and efficient workforce. The recruitment and selection of personnel can be doneusingtwoapproachesi.e.internalrecruitmentapproachorexternalrecruitment approach(Gill, 1999). Kingfisher performs the recruitment and selection function in such a way that they hire the best personnel and achieve the organisational objectives. Hard and soft models of HRMare two different ways of managing the employees in the organisation. Kingfisher's HR adopts both soft and hard models to deal with its employees according to the situation(Truss and et.al., 1997). The hard model of management focuses on creating plans, set up structure of plan and then monitoring the performance of employees. Whereas, soft model treat the employees as valued assets of organisation and motivate them to increase the efficiency and achieve the targeted goals of company(Hard and Soft Models of Human Resource Management Essay, 2016). The Best Fit and Best Practiceare the practices adopted by the Kingfisher's HR to manage the employees(Chan, 1996). The 'best fit' practice are more effective as this model aligns the HR strategies and strategies of organisation. The 'best practice' model implies connection between organisational performance and the practices adopted by the HR department which requires high commitment management. This will also benefit the organisation in contributing to efficacious brand development of the business. Types Of Labour Marketare internal and external market. It is a place where employer and employees interact. In the labour market, employees try to get the best satisfying job, and employer tries to hire the best candidate for the job. Kingfisher's HRM focuses on hiring the best human resource for the company who has the potential to work and who is skilled enough to achieve the organisational goals and objectives(Wright and et.al., 2003). 2. Strength And Weakness Of Different Approaches Of Recruitment And Selection HRM of Kingfisher aims at recruiting and selecting the best human resource for the company as it will help the organisation to accomplish the goals and gain competitive advantage in competitive markets. The HR uses systematic approaches in selection and recruitment processes. 2
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Internal Source Of Recruitment Approachfocuses on recruiting the employees internally, and enablesorganisationtogetnewemployeesfromtheexistingemployeesvacantplace. Kingfisher's HR uses various strategies while recruiting the employees(Gill, 1999). For example, promoting the employees so that post can be vacant for new employees or transfer of employees is done to vacant the post and recruit new employees. Strength ď‚·Employees hired from internal recruitment are effective and innovative who come up with new and developed ideas ď‚·Existing promoted employees are qualified and well experienced ď‚·This approach is easy to conduct and takes less time(Chan, 1996). ď‚·This approach don't need much time to recruit as, internal recruitment is done from the existing employees. Weakness ď‚·The internal recruitment can lead to discrimination, as HR may promote its favourite employees. ď‚·And this leads to demotivation of employees who don't get promotion(Truss and et.al., 1997). ď‚·This approach limits the external recruitment of innovative and creative employees. External Source Of Recruitment Approachfocuses on recruiting the new employees outside the organisation or from external sources. The external recruitment is done to attract the applicants through different media-mix. The HR of kingfisher conducts the external recruitment to fulfil the vacant places of the company. Strength ď‚·The external recruitment approach recruits the new minds and skills which increases the chances of innovation. ď‚·The external recruitment process generates creative ideas from candidates and lacks internal politics. ď‚·This approach of recruitment leads to better competitive advantage because of new strategies and ideas(Veinot and et.al., 2017). Weakness 3
ď‚·The external recruitment approach takes much time as it has to recruit new people. ď‚·It will cost much to company as to recruit, select and train new employee. ď‚·This approach is also lacks understanding as new candidates will have less knowledge about the company and its culture and environment and will take time to adjust(Truss and et.al., 1997). Task 2 3. Benefits Of Different HRM Practices For Both Employer And Employee Human resource management is the process which focuses on linking the human resource with organisation's strategies to improve the employee's performance and to achieve the goals of the organisation(Huselid, 1995).The different approaches or practices aims at sustaining the organisational profits and lending competitive advantages. The kingfisher's HR executes various strategies and practices for the firm, aligns the HR plans to organisation's strategies and recruits the best human resource personnel who brings success to the organisation by being innovative and creative and it enables the company to sustain in the competitive market. So, the HR of kingfisherprovidesvariouspracticesandapproacheswhichbenefitsbothemployeeand employer. Learning:The Kingfisher's HR provides learning and development programs for both employer and employee so that they can develop their skills and knowledge. Employee feel motivated and satisfied and aligns its focus with organisations, thus it increases the efficiency in processes which benefits the employer in achieving the objectives. Training And Development:The training and development provided to the employees by the HR practices brings improvement in the performance of employees(Veinot and et.al., 2017). It also increases effectual and skilfulness of human resource which results in loyalty of its employees and thus benefits the employer as well. Job And Workplace Design:The job and workplace design refers to the healthy and safe work environment of the organisation, and HR of Kingfisher links the strategic plans to the workplace design so that satisfaction of employees is achieved(Huselid, 1995). It helps in increasing the morale and loyalty of employees towards the firm, which results in benefiting the employer and business by retaining the skilled employees. 4
Flexibility Of Organisation:HRM of Kingfisher provides flexibilities to its employees so that they are comfortable at the workplace, and do their best, it will also improve the performance of the employee as well as of organisation. This practice helps in increasing the efficiency of both the employer and the employee and it also increases productivity(Brewster, Chung and Sparrow, 2016). TypesOfPaymentAnd RewardSystem:Thissystematicapproachisconcernedwith motivating the employees and it contains various processes designed by HRM to retain the skilled and knowledgable employees. It benefits the employer or business in retaining the current staff, satisfied and motivated employees, employee's loyalty which together result in achieving the targeted goals. 4. Effectiveness Of Different HRM Practices Human resource management focuses on maintaining relationship with employees so that it can result in improvement in performance of employees which benefits the organization. The effective relationship created through various policies between employer and employee benefits the organisation. Increased productivity, performance improvement, innovative and creative ways to do work and finally the ultimate objectives of the organisation is accomplished i.e. sustaining profits and holding a competitive advantages over its competitor through effective relationship(Collings and et.el., 2018). Kingfisher's HR provides learning, training and development programs to its employees. The training and development program help the employee to eliminate the weakness and improvise its strengths. The development program develops the skills and knowledge of employees and result in building confidence, reduction of mistakes in process, improved and skilledworkforce.Thisbringsinnovationandeffectivenessinworkandemployeesfeel motivated, so ultimately, the organisational objectives are achieved. The HR practices enables the organisation to satisfy the employees by providing them withflexibleorganisation,safeandhealthyworkingenvironmentandmonitoringtheir performance to give rewards. This helps the organisation to retain its skilled employees and earn their loyalty, which decreases the employee turnover. The reduction in employee turnover increases the profits of the business. And it also helps to maintain the effectual performance of the employees(Brewster, Chung and Sparrow, 2016). 5
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Kingfisher's HR aims at providing training and development programs to the capable employees and to give rewards and promotion to the qualified ones, so the employees feel motivated and encouraged and therefore, it helps to hold the skilled and experienced employees which results in sustaining the profits and productivity of the organisation(Collings and et.el., 2018). CONCLUSION The study intentionally focuses on practices adopted by human resource management to manage the human resources of the Kingfisher plc organisation, as Kingfisher plc is a retailer firm whose valued asset is human resource. From the above study it is concluded that human resource management's intention is at accomplishing the organisational goals and objectives by satisfying the employees and motivating them to be innovative and creative. This report also explains the effects of different HRM practices and approaches adopted by HR to gain competitive advantage and to increase organisational profits and productivity. The effectiveness of using different approaches to both employee and employer are also explained. 6
REFERENCES Books And Journals Becker, B. and Gerhart, B., 1996. The impact of human resource management on organizational performance: Progress and prospects.Academy of management journal,39(4), pp.779- 801. Brewster, C., Chung, C. and Sparrow, P., 2016.Globalizing human resource management. Routledge. Chan,W.,1996.Externalrecruitmentversusinternalpromotion.JournalofLabor Economics,14(4), pp.555-570. Collings, D.G., and et.el., 2018. Human resource management: A critical approach. InHuman Resource Management(pp. 1-23). Routledge. Gill, C., 1999.Use of Hard and Soft Models of HRM to illustrate the gap between Rhetoric and Reality in Workforce Management. RMIT Business. Huselid, M.A., 1995. The impact of human resource management practices on turnover, productivity,andcorporatefinancialperformance.Academyofmanagement journal,38(3), pp.635-672. Truss,C.,andet.al.,1997.Softandhardmodelsofhumanresourcemanagement:a reappraisal.Journal of Management Studies,34(1),pp.53-73. Veinot, T.C. and et.al., 2017. Comprehensive process model of clinical information interaction in primary care: results of a “best-fit” framework synthesis.Journal of the American Medical Informatics Association,25(6), pp.746-758. Wright, P.M., and et.al., 2003. The impact of HR practices on the performance of business units.Human resource management journal,13(3), pp.21-36. Online Hard and Soft Models of Human Resource Management Essay, 2016[ONLINE] available through:<https://www.bartleby.com/essay/Hard-and-Soft-Models-of-Human-Resource- P35U5E3VC> 7