Benefits of HRM Practices for Employers and Employees

HUMAN RESOURCE
MANAGEMENT
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Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Purpose and functions of HRM applicable to workforce planning and resourcing an
organisation............................................................................................................................3
P2 Explain strength and weaknesses to different approaches to recruitment and selection ..4
TASK 2............................................................................................................................................6
P3 Benefits of different HRM practices within organisation for both employer and employee.6
P4 Effectiveness of different HRM practices in terms of raising organisational profit and
productivity ............................................................................................................................9
TASK 3............................................................................................................................................9
P5 Importance of employee relations in respect to influencing HRM decision making .......9
P6 Key elements of employment legislation and impact upon HRM decision making.......10
TASK 4..........................................................................................................................................11
P7 Illustrate application of HRM practices in work related context using specific examples11
CONCLUSION .............................................................................................................................13
REFERENCES .............................................................................................................................15
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INTRODUCTION
Human resource management refers to an strategic tool that manages and organises the
workforce of an organisation so that firm will gain higher sustainability and profits. This term
also helps in gaining the competitive advantage. The major purpose of this department is to
focus on the developing, motivating the employees performance so that they can provide
proficient results to the company (Cascio, 2015). This analysis study is based on the Tesco Plc.
That is the largest British multinational groceries and general store in UK. It was headquartered
in WelWyn Garden City, England and it has third largest retailer in all over the globe as per their
their aggregate revenues. The company deals in Clothing, food, Home ware, Furniture etc. This
project is do focus on purpose and function of HRM and also various approaches of recruitment
and selection approaches. This also explains the benefits of HRM practices for employees and
employers that help in providing efficient and effective results in terms of enhancing higher
growth. It also helps in showing the importance of employee relation that influences the decision
making. This term also involves employment legislation that will helps in taking effective
decisions so that company will gain higher profits and revenues. At the end this study take an
illustration for HRM practices in context of particular job role within the business enterprise(Noe
and et. al., 2018).
TASK 1
P1 Purpose and functions of HRM applicable to workforce planning and resourcing an
organisation
Human resource management refers to a management function that is used for hiring,
recruiting, motivating, maintaining the manpower of the organisation. The major objectives of
this tool is to ensure the company overall success through workforce productive work. In case of
Tesco, this term is very effective for assigning, staffing, designing task and compensate
employees so that effective results can be shown by companies.
Workforce planning defines the process of forecasting and examine the workforce
supply and demand, assessing gaps and determining target talents management in which they
ensures that firm get right person with suitable skills at right time on correct position(Fraher, and
Brandt, 2019). In terms of Tesco, it reflects as an effective process for gaining higher profits and
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revenues (Albrecht and et. al., 2015). For understand clearly, this report involves the purpose
and functions of HRM that can be shown below.
Functions of HRM
Managerial function- It refers to an essential framework of human resource manager
which includes the several elements like planning, controlling, staffing and directing. In terms of
the Tesco, HR manager can perform various task due to this objectives can be gained with the
effective and efficient work of the company workforce(Cascio, 2015). For example- manager of
the company can properly make the plans for achieving the overall objectives and directs it to
their employees effectively than the goals can be attained on time period.
Purpose- The main aim of this function in Tesco, is that it helps the manager to examine the
performance of their staff members so that they can make plans effectively and assigned the
work accordingly that helps in generating higher returns and profits(Badrinarayanan,
Ramachandran and Madhavaram, 2019).
Operational function- This is an effective function of the Human resource manager in
Tesco, because in this manager can mainly focus on the employees performance and their
growth. In this they can also give more emphasis on the collaboration between the workers so
that objectives can be achieved in an effective and efficient way(Collings, Wood and Szamosi,
2018).
Purpose- The key role of this function in Tesco is that it is helpful in motivating the workers so
that they they give their best in the assigned task with the effective collaboration with the team
members. This helps in gaining the image of the firm within the business world.
P2 Explain strength and weaknesses to different approaches to recruitment and selection
Recruitment
It refers to the action of enlisting new candidate within the organisation for a vacant job
position. It reflects the positive position in the Tesco, where human resource manager can recruit
the applicants for a vacant position to refill it so that task can be accomplished on time. In this it
also involves the approaches which can be define underneath(Albrecht and et. al., 2015).
Approaches to recruitment
Job analysis- This term reflects the process of gathering and identifying the content and
the candidates that can fulfils the requirements of the specific job within the business enterprise.
In terms of Tesco, HR manager can analyse and gather the data of the applicant so that they can
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