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Benefits of HRM Practices for Employer and Employee

   

Added on  2023-02-02

20 Pages6593 Words62 Views
HUMAN RESOURCE
MANAGEMENT

Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Purpose and the functions of HRM, applicable to workforce planning and resourcing an
organisation..................................................................................................................................1
P2 Strengths and weaknesses of different approaches to recruitment and selection..................4
TASK 2............................................................................................................................................6
P3 Benefits of different HRM practices within an organisation for both the employer and
employee......................................................................................................................................6
P4 effectiveness of different HRM practices in terms of raising organisational profit and
productivity..................................................................................................................................8
TASK 3..........................................................................................................................................10
P5 Importance of employee relations in respect to influencing HRM decision making...........10
P6 Key elements of employment legislation and the impact it has upon HRM decision making
....................................................................................................................................................12
TASK 4..........................................................................................................................................13
P7 Application of HRM practices in a work-related context, using specific examples............13
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
Human resource management is determined as a term which is used for describing formal
system within the organisation. HRM is a strategic approach that consist of effective
management that can provide competitive advantage to the company. Human Resource
Management is commonly known as HR Department that mainly recruit new and fresh
employees and basically designed for enhancing the performance of the firm as well as
organisation (Armstrong and Taylor, 2014). Organisation which is taken in this assignment is
John Lewis Partnership which is a high-end of departmental stores and operates its business in
United Kingdom. Company generally deals in clothing, watches and Jewellery, cosmetics,
furnitures etc.
Present report will focus on purpose and functions of Human Resource Management
which is further applicable in workforce planning. In addition to this, effectiveness of the
function of HRM is mentioned so that business objectives can be fulfilled. Apart from this,
strengths and weaknesses of different approaches in recruitment and selection process is included
in this assignment. There are many factors which can affect human resource management and in
decision making and this can internal and external. Therefore, with the help of this report it can
be identified. Lastly, application of Human Resource Management practice in a work-related
context is being explained for better understanding.
TASK 1
P1 Purpose and the functions of HRM, applicable to workforce planning and resourcing an
organisation
Human resource management in an organisation plays a crucial role in providing benefits
to the company. Generally, the responsibilities of HRM is categorised into three categories and
these are staffing, employee compensation and benefits and defining the roles for accomplishing
the task. Thus, it can be said that Human Resource Management in John Lewis Partnership work
with the purpose of maximising the profitability and productivity of the firm. Therefore, it is
mandatory that company have effective HRM department who can perform their action for better
results (Bratton and Gold, 2017). Along with this, Human Resource Department make sure that
every activity which is being performed within the organisation are done in and effective manner
and any kind of problems are faced than appropriate solution can be evaluated.
1

In addition to this, HRM department provides training programmes to new as well as
existing employees so that their skills and knowledge can be enhanced. This will definitely
improve the performance of John Lewis Partnership as well as workers. In order to understand
this is an better manner some of the functions and purpose of Human resource management is
being explained below:
Purpose of Human resource management:
Structure of human resource management are different from business to business such as
type, size, governing philosophies etc., but in general human resource management's functions
revolves around the clusters of people. HRM in an organisation work with the purpose of dealing
with the problems and issues that are mostly faced by employees and staff members. This
majorly includes compensation, hiring, performance management, communication, training and
development programmes (Purpose of Human Resource Management, 2018). Main purpose of
human resource management is to maintain internal customer management under which this
department tries to make policies through which they are attract and recruit excellent quality
workforce. Human resource department work with the motive of providing benefits to
organisation so, in order to do the same they recruit and hire fresh candidates who are best fit for
the job and are capable of taking major responsibility of completing a work. In order to maintain
relationship between employees, HRM department plays a crucial role they make strategies by
considering cultural sensitivity (Briscoe, Tarique and Schuler, 2012).
Therefore, human resource management is concern with improving the talents of
individual workers and organisation as well. But this is not the only task which is performed by
the HRM department they also provides training and development programmes according to the
skills and knowledge acquired by them.
Functions of Human resource management:
Organisation is made of employee who perform their task for providing competitive
advancement to company. It is all about hiring people, developing skills and knowledge &
motivating them in pushing their limits so that organisation objectives can be fulfilled.
Generally, there are many many functions that are performed by them but majorly there are five
functions and these are explained below:
Recruitment and Selection: This is a process in which company captivate fresh
candidates through screening and some selection criteria such as qualification, skills and
2

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