Human resource restruction report

Human resource restruction report
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Table of content
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Explain benefits of different HRM practices in company for both employer and employees....3
Define the effectiveness of different HRM practices which assists in accomplishing profit
margin and productivity of company...........................................................................................4
Explain the importance of staff relation which assists in taking decision of HRM....................5
Define the main elements of employment legislations and influences direct effect on decision
making.........................................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
Books and Journals......................................................................................................................8
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INTRODUCTION
Human resource management is described as a process that helps in increasing performance
level of business organisation. It is essential for HR manager to perform their work in an
appropriate manner that helps in achieving goal and objective in pre-decided period of time.
Herein the company is chosen named as Barclay. It is considered as the British international
investment bank that provides financial services to the individual person in order to satisfy them.
In this assignment, there are various advantages of HRM practices within business organisation
is provided for both employees as well as employer. In addition to this, there is also effectiveness
of various practices of HRM that help in achieving profit in future period of time. In addition to
this, there is also a discussion regarding importance of employee relations that help in taking
appropriate decisions. There are different employment legislations act which imposes direct
impact on decision of HRM is also explained in this assignment (Webster and Feller, 2016).
MAIN BODY
Explain benefits of different HRM practices in company for both employer and employees.
Training and development it is considered as a process that help in improving the
knowledge as well as skill of employee in order to perform their work in an appropriate manner.
They also focus on allotting task in order to complete them in timely manner. In reference of
Barclay, the manager of organisation focuses on offering effective training session in order to
gain knowledge regarding innovative technology. The manager of organisation focuses on
offering on the job training such as mentoring, job rotation as well as coaching to its employees.
And also they offer off the job training that helps employees to perform their work in an
improved way (Wagner, 2017).
Benefits for employees it is significant for subordinate because it is used in increasing
skill as well as knowledge which is beneficial for the professional as well as personal growth in
present as well as in future time.
Benefit for employer it is significant for the subordinate because when they provide
particular project to its employees and they will not organise training as well as development
session for it subordinate because they are already skilled or trained. It helps in finishing the task
or project in timely manner that increases performance level of organisation in future period of
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