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[PDF] Human Resource Management : Theory and Practice

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Added on  2021-02-21

[PDF] Human Resource Management : Theory and Practice

   Added on 2021-02-21

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[PDF] Human Resource Management : Theory and Practice_1
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1P1) HRM purpose and functions and their applicability on workforce planning as well asorganisation resourcing..........................................................................................................1P2) Recruitment and Selection approaches strength and weaknesses....................................2P3) HRM Practises benefits within Organisations for both Employer and Employee...........3P4) HRM Practises Effectiveness to Increase Profitability and Productivity of Organisation4P5) Employee Relation Importance as to Influence Decision Making Process of HRM.......5P6) Employment Legislation along with their impact on Decision Making..........................7P7) Application of HRM Practises.........................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
[PDF] Human Resource Management : Theory and Practice_2
INTRODUCTIONHuman resource management termed as a process with the assistance of which organisationcan effectively able to manage their workforce and can further able to increase their overallproductivity and profitability. This process mainly includes activities such as recruitment,selection, training and development and many more. Present report has been made on, HolidayInn a multinational organisation established in 1952 while having headquarter in Denham,Buckinghamshire, UK. This assignment will start with covering HRM functions and purpose thatis applicable on workforce resourcing as well as planning. Along with this report coversrecruitment and selection approaches strength and weaknesses. In addition with this, reportcovers the aspects on employee relations importance in the process of decision making alongwith essentialness of employment legislation along with impact on HRM process of decisionmaking. MAIN BODYP1) HRM purpose and functions and their applicability on workforce planning as well asorganisation resourcingFunction and Purpose of Human Resource ManagementThe explanation of different functions and purposes of HRM are provided as under:Recruitment and Selection:This process is initial process that is conducted by an organisationas to hire suitable candidate for organisation (Alenljung and et. al., 2019). In Holiday Inn also,the HRM is enrolled in filling the vacant posts in the organisation. The purpose of this HRMFunction is to prevent the organisation to suffer from deficiency of employees in theorganisation. So in order to maintain and increase the efficiency level of the organisation, thisfunction is being performed in companies such as Holiday Inn. Proper Working Environment: It is also the function of HR Department to make sure aboutthe working environment of employees whether they are working in a good environment or not.The purpose of this HR Function is to make sure about employee's health and well being and toreduce employee absenteeism to maintain the working productivity of the company. Salary and Wages: In this function HRM, it makes sure about the proper payment of salary andwages to the employees working in the organisation according to the work performed by themand their skills and abilities (Brata and Pemayun, 2018). The purpose of this HR Function is to1
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maintain the interest and dedication level of employees in the organisation as with the help oftheir working it is possible to make organisation's survival possible in market. Approaches to Resourcing and Workforce Planning an OrganisationWorkforce Planning: There are different approaches to workforce planning but the best forHoliday Inn are two which are workforce analysis and retention programs. In the first approach,the evaluation of organisation's existing workforce and the requirement in future is made to meetfuture requirements. In the second approach, an organisation makes use of retention programs inorder to satisfy the employees with their needs and demands to retain them in organisation. Bothapproaches are effective and can be used by Holiday Inn in their working for workforceplanning. Resourcing the Organisation: In other words, it says about recruitment of people inorganisation. So there are two methods of recruitment of which first is Internal Recruitment andsecond is External Recruitment. The first approach saves organisation's time as well as cost, sothis approach will be effective for the company (Bush, Bell and Middlewood, 2019). Along withthis, external recruitment method is also beneficial for the company because it provides thecompany with wide variety of talents to meet the organisational objectives in an easier way. Sodepending upon the needs and requirements of the company, the application can be made.P2) Recruitment and Selection approaches strength and weaknessesRecruitment is termed as a procedure in which inviting of applications from applicants toapply for the wide range of vacant posts in a company is done (What is Recruitment?, 2019).There are different approaches within Recruitment which are explained:Internal Recruitment: It is the types of recruitment which is done from inside the organisation.The following is the description of strengths and weaknesses of Internal Recruitment has beenprovided as under:StrengthsWeaknessesReduction in Training and AdvertisingCosts. Restricts Fresh Talent to enter theorganisation.Improved secrecy level of organisation.Creates leisure in the employees. External Recruitment: In the following approach of recruitment, the applicants are chosenoutside the organisation. The description of strengths and weaknesses are provided as under:StrengthsWeaknesses2
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