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HRM Practices of Aldi : Report

   

Added on  2020-06-05

15 Pages4317 Words40 Views
HUMAN RESOURCEMANAGEMENT

Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1P 1 Purpose and the functions of HRM......................................................................................1P 2 Strengths and weaknesses of different approaches to recruitment and selection. ..............2TASK 2............................................................................................................................................4P 3 Benefits of HRM practices for both the employer and employee.......................................4P 4 Effectiveness of different HRM practices in organisational profit and productivity ...........5TASK 3............................................................................................................................................6P 5 Importance of employee relations in influencing HRM decision-making............................6P 6 Employment legislation and the impact it has upon HRM decision-making......................7TASK 4............................................................................................................................................9P 7 Application of HRM practices in a work-related context.....................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONToday, in competitive environment, every business organisation need effective workforceto execute its activities and tasks to achieve goals in long term. There are different purposes ofhuman resource management like better productivity, effectiveness and maintain employeeswhich are applicable to workforce planning and their resourcing. Recruitment and selectionprocess help in choosing the most suitable candidate for company to perform a particular task. Sothere are different approaches of them which have positive as well as negative impact onbusiness outcome in term of customer satisfaction and profit maximisation (Warner, 2014).Human resource management practices benefit to employer and employees to achieve their ownindividual goals. Organisational profit and productivity of employees can be raised byeffectiveness of HRM practices of business organisation. Company like Aldi which is a privatesupermarket firm needs to maintain employee relations as they affect decision making of Humanresource management in long term. TASK 1P 1 Purpose and the functions of HRMHuman resource management is most important part of business organisation like Aldiwhich is one of world leading grocery retailer having 7000 stores across 70 countries. Bering abig brand in market, it has to mange its employees. Followings are some major purposes of it.Purpose of HRMOne of the most crucial objective or purpose of human resource management is to makefull use of workers to improve company performance.Proper management of employees is done to resolve any types of conflict among humanresource so that they will not feel unsecured at workplace.Another purpose of HRM is to uplift performance of employees so that they can maketheir full efforts to execute their responsibilities in company.This aspect has a main purpose to satisfy different needs of employees like psychological,self esteem and recognition to motivate them to work harder in future (Van De, VoordePaauwe and Van Veldhoven, 2012).Company uses human resource management to build strong bond between employees andtheir team members.1

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