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Advantages of HRM Practices for Employer and Employees

   

Added on  2023-01-17

14 Pages4628 Words45 Views
Leadership ManagementProfessional DevelopmentPolitical Science
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Human Resource
Management
Advantages of HRM Practices for Employer and Employees_1

Table of Contents
INTRODUCTION...........................................................................................................................3
LO 1.................................................................................................................................................4
P 1 Different functions of the HRM which is applicable in the planning of the workforce........4
P 2 Strength and weakness of the process of selection and recruitment......................................5
LO 2.................................................................................................................................................7
P 3 Advantages of the various practices of the HRM for employer and employees both...........7
P4. Effectiveness of HRM practices............................................................................................7
LO3..................................................................................................................................................8
P5. Employee relation in influencing HRM decision-making.....................................................8
P6. Key elements of Employee Legislation.................................................................................9
LO4................................................................................................................................................10
P7. HRM practices in work related context...............................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................11
Advantages of HRM Practices for Employer and Employees_2

INTRODUCTION
Human resource management is the effective and efficient approach of the organisation
which manages the workforce effectively so that they contribute their full efforts to gain the
advantages of the competitive markets. HR plays an important roles in achieving the objectives
of the business. This report evaluates the various policies and practice of human resource
management in the business of the Tesco. It is the largest company of the British which sales the
large variety of good and services to the people of world. Headquarter of Tesco is at the England,
UK. This report evaluates the various scope and function of the human resources management
which helps to identify the skilled and talented people in the company. Department of HR have
various importance of the business operation to reach the success and growth in the future.
Different internal and external factors of the company which affects the decision making of the
HR are include in this file. This file also determine the practices of the management of HR in the
working environment.
LO 1
Introduction of Organisation
Tesco is a grocery retail organisation established in the year 1919. Jack Cohen is the
founder of the company. Headquarter of the company is located in London, UK. Company
operates world wide retail outlets.
Mission:
Growing business around the world.
Modern, innovation and full of ideas.
Improve customer trust
Vision:
To lead the retail sector across the globe
Purpose:
To improve customer satisfaction
Achieve higher growth potential
Improve market share
Advantages of HRM Practices for Employer and Employees_3

Achieve highest customer satisfaction
Objectives:
Improve market share
Improve brand loyalty
Improve company's presence in the market
P 1 Different functions of the HRM which is applicable in the planning of the workforce.
Management of human resource is the effective strategies of the organisation in which
they motivate, develop and manage the people which helps them to achieve the key objectives of
the business. This department have various function which leads to the success and growth that
are described below.
Purpose of HRM
HRM play a huge role in the organisation by providing effective and efficient human
resources for various positions in the company. The main purpose of HRM functions is to
effectively reach the skilled human resources in order to fill various companies designations.
Various function HRM conducts in order to fulfil all its purposes.
Managerial functions:
Planning: In this function of the HRM the manager identifies the requirement of the
worker to done the activities of the business effectively (Rees and Smith, 2017). In the business
of the Tesco there is the manager will collects and analysis the needs and wants of the business
in the future so that they make planning to achieve the goals.
Organising: There is the development and designing the structure of the company as per
the planning. Proper allocation of task to the employees on the basis of the their skills and talent
sop that they are focused to achieve the target.
Directing: For the accomplishment of the goals and objectives of the Tesco they uses this
function of the HRM in which the manager direct the activities of the worker is the right
direction. Effective direction of the workforce in the company will possible only when there is
the proper motivation and command on each and every employees.
Controlling: There is the comparison of the performance of the company from the goals
which is set in the planning function (Shen and Benson, 2016). The senior authority of the HR in
Advantages of HRM Practices for Employer and Employees_4

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