Human Resource Management in Samsung

Added on - 21 Feb 2021

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Human resourcemanagement
Table of ContentsINTRODUCTION...........................................................................................................................3P 1 Importance Of HRM of Samsung.........................................................................................3P 2 Strength and weaknesses for approaches of recruitment and selection of Samsung............5P 3 Benifits of employee and employer in ASDA....................................................................8P 4 Effectiveness of training and development..........................................................................9P 5 employee relations............................................................................................................10P 6 UK Employment Laws.......................................................................................................11P6 Elements of employment legislation and the impact it has upon HRM decision-making...12P7 The application of HRM practices in a work-related context..............................................14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................17
INTRODUCTIONThe Human Resource Management in a company mainly concerns with effectiveutilization of human resource. Thus, this department checks out to bring the best possibleoutcome. HRM also plays a vital role in keeping good relations between employer andemployee and also between the mangers and employees of the organization (Noeand et.al, 2017).The key features of HRM is to enhance the efficiency of the employees, regular growth anddevelopment of the workers & maintain a healthy relationship among the seniors and juniors ofthe organization. The Human Resource Management is also responsible for keeping the check onemployee's complains and rules related to the work place. The federal law suggests that theremust be proper rules and regulations that governs the employee working in any organization.Report will highlight the purpose and functions of HRM. It will also highlight strength andweakness of recruitment and selection methods. It will also highlight benefits of different HRMpractices to employees and employersP 1 Role and purpose of HRM of SamsungHuman resource management is the process of managing the employees by recruiting,selecting, organizing and following the strategies and policies of the organization. The Humanresource department have a duty to formulate the policies and strategies of the organization(Xiaand et.al., 2019). Electronics giant Samsung has also established the human resourcemanagement policies and strategies for increasing productivity of the organization and grow itsrate of profitability, the company also uses human capital management. Some purpose andimportance of adopting human resource management are:Functions of Human resource management of SamsungSamsung has understood the of Human resource management as any organisation withouthrm is like fish with water and it cannot survive in the market for long.1.Human resource managers of Samsung company have a responsibility of strategies andpolicies of the company by the various process of planning, organizing, staffing, givingdirections, and controlling of all the process and the amended strategies.2.Human resource managers also have a duty to recruit, select the right person for the job.The Hr managers also ensure the proper development and training of the employees toreach their goals more effectively.
3.HR department of Samsung also provide guidelines regarding the healthy workenvironment to their Hr department. That will also boost the employees morally and willincrease their efficiency to achieve the set objectives of the company sooner.4.Human resource management of Samsung also focuses on the coordination of companywhich will increase bonding between the employees that will also help the employees todo their work with the help of one another and without any disputes.5.Hr department also analyze the employees work and promote them if they are capable adalso give incentives and bonuses to motivate the employees of Samsung.6.HRM also protect the rights and duties of the employees of Samsung and they also haveto make policies in accordance with the government laws and policies.Workforce planning of SamsungWorkforce planning is the correlation between Human resource management and thefinance department of Samsung. It is a process which determines the efficiency of the companyand the employees on monitory basis so that it helps the company to get an overview about thetrue and actual position of the company which will also help HRM to make the strategies andpolicies to increase the productivity of the company.Business plan- Company is engaged in making business plan. Samsung ensures thequality of skills of the individuals of whom are hired in the company, as effectiverecruitment lead the company to its growth. Samsung develops their employees so thatthey can reach the company's goal effectively and also they are more motivated towardstheir work.Action plan – Company’s action plan includes strategies which firm implements toachieve its objectives. Samsung has adapted Human resource management to ensure thatcompany optimally use the human resource and increase the company's productivity.Monitoring and controlling- For this they make sure to make use of methods like KPI,benchmarking. They analyses the needs and demands of consumers. Samsung also ensurethat the employees of the company are fully satisfied by their job and are motivatedtowards their goal with the help of Human resource management. The Hr department ofthe company ensure the work safety and also ensure that the employee's personal goalsare fulfilled as every human being work to fulfill their desires .
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