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Benefits of HRM Practices for Organizational Profit and Productivity

   

Added on  2023-01-11

16 Pages4698 Words69 Views
HUMAN RESOURCE
MANAGEMENT

Contents
INTRODUCTION.......................................................................................................................................3
TASK 1.......................................................................................................................................................3
P1 Purpose and the functions of HRM, applicable to workforce planning and resourcing an
organisation.............................................................................................................................................3
P2 Strengths and weaknesses of different approaches to recruitment and selection................................4
P3 Explanation of the benefits of different HRM practices within an organization for both the employer
and employee...........................................................................................................................................6
P4 Evaluation of the effectiveness of different HRM practices in terms of raising organizational profit
and productivity.......................................................................................................................................7
P5. Analyze the importance of employee relations in respect to influencing HRM decision making......9
P6 Key components of employee legislations and influence it has upon decision-making process of
HRM.......................................................................................................................................................10
P7. Illustrate the application of HRM practices in a work related context.............................................11
CONCLUSION.........................................................................................................................................14
REFRENCES............................................................................................................................................15

INTRODUCTION
Human resource management is considered as the strategic approach or method to deal
with the people in a company so that they help them in attaining the competitive advantage at the
potential marketplace (Amruthaand Geetha, 2020). The main aim of adopting human resource
management is to enhance the performance of employees as that will help in attaining strategic
objective successfully. Organization selected for respective report is Unilever which is British
Dutch consumer good company which is operating at the multinational level. It is founded in
1929 and its head office is located at the England, United Kingdom. They offer wide range of
food and refreshment, beauty and personal care, cleaning products. Topics explained in
respective report are purpose and scope of HRM as well as it will also include effectiveness of
key elements of human resource management at respective company. Moreover, it also provide
information related to internal and external factors which impact on HRM decision making
including employment legislation and it also include HRM practices.
TASK 1
P1 Purpose and the functions of HRM, applicable to workforce planning and resourcing an
organisation.
Human Resource Management is considered as a management work concern about
employing, motivating, and keeping up workforce in an organization. Human
resourcemanagement help in dealing with issues identified with workers, for example, recruiting,
training, advancement, compensation, inspiration, communication, and
organization(Armstrongand Taylor, 2020). It is also determined as the process toward hiring,
selection, giving direction, granting preparing and advancement, assessing the presentation of
workers, choosing pay and giving advantages, rousing workers, keeping up legitimate relations
with representatives and their trade. Moreover there are several purpose and functions of human
resource management which help a company in planning as well as resourcing organization.
From which some main are mentioned below in respect of Unilever:-
Purpose and function of human resource management

Staffing need – HR divisions are mainly known for their duty of recruiting workers. This
incorporates making position declarations which include determiningjob responsibilities
and deciding the skills level and requirement that are required for a position(Herreraand
de las, 2020). In respect of Unilever their HRM conduct respective functions and in this
they perform various functions such as hiring, training, administering test and so on.
Benefits – Creating and effectively administrating a worker benefits program is an
incredible recruitment as well as retention technique that an organization use. Basic
advantages of an occupation incorporate medical insurance, dental protection or
insurance, and a retirement plan (5 Purposes of the Human Resources Department,
2020). HR staff of respective company must research as well asanalyze data to acquire
the best package for these advantages which ought to give sufficient inclusion to workers
while limiting the expenses for the business.
Performance appraisal – Human resource divisions work related to individual office
supervisors to assess performance of employees. This department is answerable for
making the whole performance evaluation process. This procedure regularly happens
yearly for many associations. In respect of Unilever they also conduct respective function
on the regular basis because through it they able to enhance motivation level of employee
in effective manner.
Law compliance – It is one of the main function or purpose of human resource at the
workplace because they develop rules, regulations and policies according to law of the
nation in which they are operating or going to other. It is also responsibility of respective
department to consider all legal compliance while developing decision. In respect of
Unilever their human resource manager considers all the rules and regulation of home as
well as host country because they are operating at the international level.
P2 Strengths and weaknesses of different approaches to recruitment and selection.
Recruitment and selection is considered as a process in which an identify need of a job,
determine requirement of specific position, advertise about the job or vacant position, and at last
selecting the most appropriate person on the specific position. In the other word it is considered
as a process of determining right person at the right job. There are numbers of approaches which
can be used by a company for the recruitment and selection process. Below some of the main
recruitment and selection approaches are given with its strengths and weaknesses:-

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