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Human Resource on Marks & Spencer Group Plc Assignment

   

Added on  2021-01-03

16 Pages4725 Words257 Views
Human Resource

Table of Contents
INTRODUCTION...........................................................................................................................1
Overview of the chosen Organization..........................................................................................1
LO1..................................................................................................................................................1
P1 Purpose and functions of HRM, Applicable to workforce planning......................................1
P2 Strengths and Weaknesses of Different Approaches to Recruitment & Selection.................2
LO2..................................................................................................................................................4
P3 Explain the benefits of HRM practices within the Marks & Spencer (M&S) Company.......4
P4 HRM practices effectiveness .................................................................................................5
LO3..................................................................................................................................................6
P5 Importance of employee relation............................................................................................6
P6 Determine the key element of employment legislation and impact on the human resource
management decision making......................................................................................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Overview of the chosen Organization
Marks & Spencer Group PLC is a multinational company which was founded by Micheal
Marks and Thomas Spencer in year 1884. It is considered to be one of the big name in Retail
Industry. Its headquarters is in London, United Kingdom (UK). This company has specialization
in selling high quality clothes, food products and home products. It provides its products at
worldwide with opening around 1460+ stores at global market. It has given employment to
around 80,780+ employees (Drucker, 2017).
Present report will highlight the purpose and functions of HRM. It will discuss the
strengths and weaknesses of the recruitment and selection approaches. It will tell about the
various HRM practices and their benefits. It will evaluate the practices in terms of profitability
and productivity of organization. This report will analysis the importance of employee
relationship. It will highlight the key elements of employment legislation and its impact on the
decision making of HRM.
LO1
P1 Purpose and functions of HRM, Applicable to workforce planning
Human Resource Management referes to the branch of management which basically
deals with the employees and human working in the organization. It deals with the management
of human capital and resources of the organization in order to achieve the competitive
advantages over its competitors. It is an important department as well as function of
organization.
MISSION STATEMENT
Company's mission statement is to provide the best quality to the community of the
world.
PURPOSE
There are various purpose of HRM in Marks and Spenser (M&S) company which are as
follows -
The main purpose behind the HRM is to manage the human capital and resources in
proper way so that organization can attain its goals and objectives with the help of human efforts.
For the optimum utilization of human capital and resources available to the company, it is
important.
1

To deal with the issues of employees regarding any organizational aspects, HRM is
significant.
To maintain an ethical environment in the organization, HRM plays an important role
(Noe and et.al., 2017).
FUNCTIONS
Functions of Human Resource Management of M&S Company are as follows -
Workforce Planning
Workforce planning refers to the continuous planning of human resource in the
organization. It is done to ensure about the current and future needs of human capital for the
organization.
It is an important function for the M&S company's human resources as it plays an
important role in demand and supply of human resource in the organization and mitigate the gap
between demand and supply. It prevents organization from over or less human resource and
capital availability as both situations are harmful for the company.
Recruitment & Selection
Recruitment refers to the process of notify and inviting the pool of candidates about the
available job vacancies in the organization. Selection refers to the process of selecting suitable
and potential candidates according to the requirements of company out of pool of candidates
(Cascio, 2015).
It is an important function in the context of M&S company as both these functions help
organization to get best and suitable candidates for their organization and mitigates the human
resource gap available in the organization.
Training & Development
Training refers to the process of providing selected employees an opportunity for the
acquiring skills, knowledge and capabilities to perform tasks and gain knowledge regarding the
background and working environment of the organization. Development refers to the
combination of training, organization and career development efforts in order to improve the
efficiency of human resources.
P2 Strengths and Weaknesses of Different Approaches to Recruitment & Selection
There are various appraoches to recruitment and selection which is being used by Marks
& Spencer (M&S) Company.
2

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