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Benefits of HRM Practices in Organization

   

Added on  2023-01-04

17 Pages5325 Words86 Views
Human Resource
Management

Executive summary
The aim for report to know about human resource management of Marks and Spencer. The
organization had to develop more strategy and more focused on improvement of employee
performance. In order to bring efficiency and more satisfaction for customer. They offer both off
the job and on the job methods for their employee in training programme and make their skills
for quickly adopt while in changing environment. This company has set up training method
M&S for more developing in their organization and build up their level standard.
Table of Contents

Executive summary.........................................................................................................................2
Table of Contents.............................................................................................................................3
INTRODUCTION...........................................................................................................................4
1. Purpose and scope of HRM practices in organization.............................................................4
2. Strengths and weakness of different approaches in recruitment and selection.......................7
3. Benefits of different HRM practices of organization..............................................................9
4. Effectiveness of different HRM practices in terms of organizational profits and productivity
...................................................................................................................................................10
5. Importance of employee relations in respect to influencing HRM decision-making............11
6. Employment legislation and its impact on HRM decision-making.......................................12
7. Application of HRM practices in a work related context using specific examples -.............14
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
Human resource management refers to process of selecting, hiring, providing benefits,
training and development, compensation, motivating employees, maintaining proper relation
with people management, ensuring employee safety and health measures in cooperation labour
law and business about high court and supreme court orders (Aydoğan and Arslan, 2020). Marks
and Spencer is multinational retail company founded by Michael marks and Thomas Spencer.
Company specialized in commerce clothes, food products, home products and other accessories
products. Organization has numerous number of stores across the country and sell their food
products through advertising, newspaper, declare the sole nature and luxury of its food and
beverages. it also provides an online food delivery services. This report evaluates the purpose
and scope of HRM and different approaches of selection and recruitment with strengths and
weakness. This report examine about effectiveness of key elements and various benefits of HRM
practices, also identify employment legislation and significant of employee relation in regard of
causing HR decision-making. This report also states application of HRM practices with work
related.
1. Purpose and scope of HRM practices in organization
HRM helps organization in making more development and build up employee relation and keep
them motivating at workplace.
Employee relation- HR team in Marks and Spencer ensuring in making good relationship with
their people management by rewards and some more benefits such as compensation, bonus,
promotion for their performance in work.
Solving problems- HR maintain the good relationship with their employee and solve their
conflicts which is important for Marks and Spencer in solving the issue among their employee,
either it can create some problems among their work.
Motivating- While having more pressure of work sometime employee get demotivated, HR
teams in Marks and Spencer helps them for motivating them and try to reduce their work
pressure (Bastida, Marimon and Carreras,2018). Make them comfortable at workplace and keep
stay with them.
Functions of HRM are classified into two categories-

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