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Benefits of HRM Practices in ALDI

   

Added on  2023-01-16

17 Pages5324 Words93 Views
Leadership ManagementProfessional Development
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Human Resource
Management
Benefits of HRM Practices in ALDI_1

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Purpose and function of HRM in relation with workforce planning and resourcing.............1
M1 Assessing the role of HRM functions in providing talent and skill which assist in fulfilling
business objectives......................................................................................................................2
P2 Explaining strengths and weaknesses of approaches to recruitment and selection...............3
M2 Analysing strengths and weaknesses of different approaches to recruitment and selection
chosen by ALDI managers..........................................................................................................5
D1 Critical evaluation of strength and weaknesses of different approaches of recruitment and
selection.......................................................................................................................................5
TASK 2............................................................................................................................................5
P3 Analysis of benefits of HRM practices within ALDI for both employer and employee.......5
P4 Evaluation of effectiveness of various HRM practices in relation with increasing profits of
ALDI...........................................................................................................................................7
M3 Examining different methods of HRM practices used by ALDI..........................................7
D2 Critical evaluation of HRM practices and application within ALDI....................................8
TASK 3............................................................................................................................................8
P5 Analysing the importance of employee relation in context of influencing HRM decision-
making.........................................................................................................................................8
P6 Identifying key elements of employee legislation and their impacts on HRM decision-
making.........................................................................................................................................9
M4. Evaluation of the key aspects of employee relations and also legislation in the decision
making of an organisation.........................................................................................................10
TASK 4 .........................................................................................................................................10
P7 Illustrating the application of HRM practices in work related context................................10
M5 Provide a rationale for the application of HRM practices..................................................11
Benefits of HRM Practices in ALDI_2

D3. Critically evaluate the employee relations and practices of HRM which influence the
decision making of HR..............................................................................................................11
CONCLUSION .............................................................................................................................11
REFERENCES .............................................................................................................................13
Benefits of HRM Practices in ALDI_3

INTRODUCTION
Human resource is the significant function of an organisation as it is useful in order to
improve the performance and morale of employees. They also create positive working conditions
for employees in which they can work in a flexible manner and provide healthy working
atmosphere to them. Every organisation need human resource department in order to grow in the
dynamic business environment as it is important for employees to identify the skills and abilities
to improve their performance. In HRM, various responsibilities include such as recruitment and
selection, performance appraisal, training and development etc. to retain their employees in an
organisation for longer period of time (Armstrong and Taylor, 2020). Therefore, in the
development of company and employees both HR manager plays a significant role in order to
bring them to the next level of an organisation. In this report functions of HR is defined and
various methods of recruitment and selection is identified. In addition to this HRM practices are
mentioned and their benefits for both the employees and employers are justified. Different
legislations of HR is described in order to smoothly run the working of ALDI which is the
common supermarket chain which is owned and operated by German family and has around
10,000 stores in 20 countries.
TASK 1
P1 Purpose and function of HRM in relation with workforce planning and resourcing
Human Resource Management (HRM) is defines as a formal system which is used by the
HR managers of an organisation in order to manage staff and potential human resources. HRM
main purpose is to maximise the productivity of employees in order to make optimal use of
human resource present in the entity and indirectly increase the efficiency. Human resource
management is a strategic approach which is used in order to enhance and improve the
performance of employees effectively so that long-term objectives of organisation can be
achieved (Hitka and et. al., 2018). The main duties which are involved in HRM and which are
performed by HR managers are related to recruiting and selecting workforce, direct them
towards organisational objectives and control them effectively. HRM has different roles and
functions for achieving various purposes which are described below in context of ALDI: Human Resource planning- First and foremost role or function which HR managers of
every organisation plays is of planning human resource structure on behalf of company.
1
Benefits of HRM Practices in ALDI_4

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